Discussion:Ohio State Income Tax
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| Revision as of 14:11, 17 April 2008 DLLCPA (Talk | contribs) (If they are a Fl) ← Previous diff |
Revision as of 23:35, 17 April 2008 Murrsg07 (Talk | contribs) (You can actually) Next diff → |
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| {{ForumReplyPost|UserID=DLLCPA|Date=17 April 2008|Text=If they are a Florida resident it shouldn't be showing up as a resident credit (lines 58 - 62). It should be showing up as a Nonresident credit on lines 63-65. You'll need to prepare a Form IT-2023 (which can be rather frustrating to do) to get the numbers for lines 63-65. MFS vs MFJ shouldn't make a difference getting this credit. If both people have K-1s from Ohio then you will need to do a 2023 for each. }} | {{ForumReplyPost|UserID=DLLCPA|Date=17 April 2008|Text=If they are a Florida resident it shouldn't be showing up as a resident credit (lines 58 - 62). It should be showing up as a Nonresident credit on lines 63-65. You'll need to prepare a Form IT-2023 (which can be rather frustrating to do) to get the numbers for lines 63-65. MFS vs MFJ shouldn't make a difference getting this credit. If both people have K-1s from Ohio then you will need to do a 2023 for each. }} | ||
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| + | {{ForumReplyPost|UserID=Murrsg07|Date=2008-04-17|Text=You can actually file Ohio returns directly at the Ohio Department of Taxation site using their own online forms. No software necessary.}} | ||
Revision as of 23:35, 17 April 2008
Discussion Forum Index --> Basic Tax Questions --> Ohio State Income Tax
Discussion Forum Index --> Tax Questions --> Ohio State Income Tax
| 17 April 2008 | |
One of our client is an Ohio Non-Resident, they want to use the status "Married Filing
Seperately", if they use this status can they claim Resident Credit. The Software which i am using is not giving "Resident Credit" for Married filing Seperately. It is giving credit only for MFJ Could anybody advice on this? | |
| 17 April 2008 | |
| I don't think MFS vs MFJ should make a difference - might be a software issue. If they are a non-resident they might get the "Nonresident credit" on Sch D but probably not the "Resident Credit" on Sch C. Need more info though to give a good answer. What is the client's state of residency? What type of Ohio income do they have? Is your software generating an IT 2023? | |
| 17 April 2008 | |
| thanks DLLCPA, the state of residency is Florida & type of income business income (thru k-1, S Corp). The software is not generating IT 2023. i tried comparison for MFS vs MFJ, for MFJ the software is showing Resident Credit, but for MFS it is showing nothing.. Hence if i consider MFS the taxpayer is ending up in paying higher tax compared to MFJ | |
| 17 April 2008 | |
| If they are a Florida resident it shouldn't be showing up as a resident credit (lines 58 - 62). It should be showing up as a Nonresident credit on lines 63-65. You'll need to prepare a Form IT-2023 (which can be rather frustrating to do) to get the numbers for lines 63-65. MFS vs MFJ shouldn't make a difference getting this credit. If both people have K-1s from Ohio then you will need to do a 2023 for each. | |
| 2008-04-17 | |
| You can actually file Ohio returns directly at the Ohio Department of Taxation site using their own online forms. No software necessary. | |
