FAQ

Do we take Debit/Credit Cards?

Yes, you can make a payment online using your credit or debit card (Make a Payment Online). You can also make a payment in person using your credit or debit card. Our office is located at 1000 W Main Street, Suite 8, Georgetown, KY 40324.

In addition, if you do not have or prefer not to use a debit or credit card you may use our electronic check option to make a payment.

The credit card vendor will add a convenience fee per transaction.

We accept Visa, MasterCard, Discover and American Express credit and debit cards and E-check.

A convenience fee of 2.50% for Consumer Credit Cards is charged by Value Payment Systems for using this service.

A convenience fee of 1.50% for Consumer Debit Cards is charged by Value Payment Systems for using this service.

A convenience fee of 3.00% for Business Cards (min. $3.95) is charged by Value Payment Systems for using this service.

A flat fee of $1.95 for E-check is charged by Value Payment Systems for using this service.

The Georgetown/Scott County Revenue Commission receives no portion of the convenience fees.

What are our hours?

8am - 4pm Monday - Friday.

Where are we located?

We are located at 1000 West Main Street, Suite 8, Georgetown KY 40324 (Next to the Georgetown Municipal Water office on Hillside Drive).

Do we accept the federal extension?

Please be advised that IRS extensions are not acceptable unless you file a copy with this office, along with any estimated tax due, on or before the original due date of the return. Attaching a copy of the approved Federal extension at the time of filing the NP100 is not sufficient.

What do I do if I am filing late? Will I be charged penalty and interest?

If the due date for the filing of a return has past, file the return as soon as possible to avoid any further penalty or interest. Additional penalties for the late filing and late payment and interest on any unpaid tax that is not paid by the original due date may be assessed.

Who must file a Net Profit Tax Return Form NP100?

Corporations, partnerships, sole proprietorships, estates and trusts, or other business entities engaged in a business with;
1) Business activity in Georgetown/Scott County and
2) Business nexus in Georgetown/Scott County sufficient to justify the imposition of the license tax.

YOU MUST FILE A NET PROFIT TAX RETURN (FORM NP100 ) EVEN IF:

• Your business activity resulted in a net loss for the tax year. Complete Form NP100 according to the instructions provided, sign the form and return to the Georgetown/Scott County Revenue Commission (GSCRC).
• You were not actively engaged in business during the year but intend to resume operations at a future date. Check the box marked “No activity in jurisdiction” on Form NP100, sign the form and return it to the GSCRC.
• Your business activity ceased prior to the beginning of the tax year but you have not provided written notification that operations ceased. Indicate “No activity in jurisdiction” and “Final” on Form NP100, complete question D, sign the form and return it to the GSCRC.
• Your business was operational for a portion of the tax year but ceased operation prior to the completion of the fiscal year. Complete Form NP100 according to the instructions provided and indicate “Final” on the form, complete question D, sign and return it to the GSCRC.
• You applied for a business license with the intention of starting a business but never transacted business within Georgetown/Scott County and do not intend to do so in the future. Indicate “No activity in jurisdiction” and “Final” on Form NP100, complete question D, sign the form and return it to the GSCRC.

When are the due dates for NET PROFIT returns?

Tax Year ending December 31: The Form NP100, Net Profit License Tax Returns must be filed and all taxes paid on or before April 15, 20xx.

Tax Year ending other than December 31: The Form NP100, Net Profit License Tax Returns must be filed and all taxes paid on or before the fifteenth day of the fourth month following the close of the fiscal year.

What are the Net Profit Deposit Requirements?

Every business entity, other than a sole proprietorship, subject to taxation under KRS 92.281, shall make quarterly estimated tax payments on or before the fifteenth day of the fourth, sixth, ninth and twelfth month of each taxable year if the tax liability for the taxable year exceeds five thousand dollars ($5,000).

Who must file an Employer’s Return of License Fee Withheld Form PR100?

Every employer making payment of compensation to an employee shall deduct and withhold upon the payment of the compensation any tax imposed against the compensation by the City. Every employer required to deduct and withhold tax shall, for the quarter ending after January 1 and for each quarter ending thereafter, on or before the end of the month following the close of each quarter make a return and report to the City the tax required to be withheld under Section 14, unless the employer is permitted or required to report within a reasonable time after some other period as determined by the City. Any employer withholding three hundred dollars ($300.00) or more license tax during any quarter shall file a return and pay the license tax withheld monthly.

When are quarterly withholding returns due?

When are monthly withholding returns due?

Do I have to send 1099-MISC forms and W2’s to the GSCRC?

1099-MISC – Yes. Every business entity required to file IRS Form 1099-MISC with the Internal Revenue Service shall provide a copy of those Forms 1099-MISC to the City for work done or services performed or rendered within the City. The Forms 1099-MISC required to be filed with the City under this subsection shall be due on or before February 28 of the year following the close of the calendar year in which such payments were paid or payable.

W-2/W-3 – Yes. Every employer required to deduct and withhold tax shall annually on or before February 28 of each year complete and file on a form furnished or approved by the City a reconciliation of the tax required to be deducted and withheld. Either copies of federal forms W-2 and W-3, transmittal of wage and tax statements, or a detailed employee listing with the required equivalent information as determined by the City shall be submitted.

How do I find out if my business is a Regulated Business with additional filing and fee requirements?

Please go to the Resources page on our website and click on the link to the Regulatory Fee Schedule to determine if your business is subject to additional regulatory filing and fee requirements.

What is the “$10,000 exemption”?

City – Sole proprietors who are over 65 and file a Net Profit return are exempt from paying the City tax (1%) on the first $10,000 of net profit. Employees who are over 65 are also exempt from the first $10,000 of payroll tax withheld by their employers. Employees must file an Employee Refund Claim form to receive a refund.

County – All business entities that file a Net Profit return are exempt from paying County tax (1%) on the first $10,000 of net profit. Employees who are over 65 are also exempt from the first $10,000 of payroll tax withheld by their employers. Employees must file an Employee Refund Claim form to receive a refund.

School Board – Only employees who are non-residents of Scott County are exempt from paying the School Board tax (.5%). If an employer has withheld School Board tax on a non-resident employee in error, the non-resident employee must file an Employee Refund Claim form to receive a refund.