VILLAGE INCOME TAX
WHO PAYS BREWSTER INCOME TAX ?
WHAT INCOME IS TAXED:
1. The wages, salaries, and other compensation earned from an employer in Brewster is subject to the Village Income Tax
2. The wages, salaries, and other compensation earned by a resident that is
not subject to an Income Tax levied by another municipality. Also applicable is the difference for any compensation in a community that has a lower tax rate
than Brewster. For example, a Village resident works in community “A” that has
a 0.5% income tax rate. The resident would owe taxes on wages and so forth to
Brewster for the difference Brewster 1.0% and “A”s 0.5%. There are very few
municipals with a lower tax rate than 1.0%.
3. Net profits of any business operating in the Village are subject to the
Village Income Tax
WHAT INCOME IS NOT TAXED:
1. Anyone under 18 years of age does not pay Village Income Tax
2. Private Retirement benefits are not taxed
3. Social Security Pensions are not taxed
4. Proceeds from Annuities are not taxed
5. Unemployment benefits are not taxed
6. Proceeds from Insurance are not taxed
7. Sick or Accident Benefits are not taxed
8. Damages from Personal Injury are not taxed
9. Sub Pay is not taxed
10. Military pay is not taxed
11. Net profits of any civic, charitable, religious, or similar organization are not taxed
12. If wages or salary is earned in another municipality and the income tax
rate you pay equals or is larger than Brewster’s Income Tax rate, Brewster forgives that amount and you owe Brewster nothing.