• Resident individuals who have income subject to the tax even if no tax is due. There is no minimum age or income.
• Non-resident individuals whose Waterville taxable income was not fully withheld upon.
• Non-resident individuals, sole proprietorships, partnerships, limited partnerships, limited liability companies, limited liability partnerships, associations, corporations, and S corporations that own rental properties, conduct business, perform services, solicit sales, operate, or maintain an office in Waterville.

• April 15
• Fiscal year returns – before the 15^th day of the 4^th month from the end of the fiscal period.

• A copy of Application for Federal Extension must be filed with the Waterville Tax Department prior to the due date of the return to avoid late filing fees. Late filing fee is $10.00 for the first month and $5.00 for each additional month after the due date.

 

• Employee business expense as reported on Federal Form "2106" less 2% AGI as listed on Federal Schedule "A". Both schedules must be attached to take the deduction. Credit of 1.5% for withholding to another municipality is given on the reduced income.
• Moving expenses for a move into Waterville as reported on Federal Form "3903". Schedule must be attached to take the deduction.

• Gross wages, including any deferred compensation, tips, salaries, commissions, bonuses, vacation and holiday pay.
• Non-qualified pension plans.
• Ordinary income portion of stock options or employee stock purchase plans.
• Incentive pay, severance pay, third-party sick pay, strike pay, supplemental unemployment benefits (SUB Pay), jury duty pay.
• Cost of group term life insurance in excess of $50,000.
• Guardian, executor, conservator, trustee, or administrator fees.

• Unemployment, government aid.
• Worker’s compensation, Social Security benefits, pensions and qualified retirement benefits.
• Interest, dividends, capital gains, active duty military pay, alimony.