Below is a list of refundable credits that are available on your Ohio return:
To claim the credits , you must attach a copy of the certificate from DSA that indicates the amount of the credit and the tax year for which the credit is awarded. Additionally, if this credit is based on your ownership of a pass-through entity who holds the certificate, you must also include, when filing your return, documentation of the portion of the credit to which you are entitled. This amount can be refunded, in whole or in part, to the extent that it exceeds your total Ohio tax liability (Ohio IT 1040, line 13).
- Job Creation and Retention Credits
- Ohio Historic Preservation Credit
- Motion Picture Production Credit
- Venture Capital Credit
- Credit for Film and Theater Capital Improvement Project
Pass-Through Entity Credit
If you are a direct or indirect investor in a pass-through entity that filed and paid Ohio tax on Ohio IT 4708 (Pass-Through Entity Composite Income Tax Return) or Ohio IT 1140 (Pass-Through Entity and Trust Withholding Tax Return), you should enter the amount of Ohio tax paid on your behalf by the pass-through entity or trust. Investors and trust beneficiaries who claim this credit for taxes paid on their behalf must include Ohio IT K-1(s) and/or federal K-1(s), which reflect the amount of Ohio tax paid.
Program Entry
- State Section
- Edit Ohio state return
- Credits
- Refundable Credits