2 Guides across 1 job. Each Guide is authored by an accountant; the ones more colleagues stand behind rise to the top.
Triggers when the taxpayer is an Ohio resident sole proprietor or single-member LLC needing to file Ohio Form IT 1040. Covers Ohio's graduated income tax on nonbusiness income (0%, 2.75%, 3.125% for tax year 2025), the business income deduction ($250,000 exclusion taxed at flat 3%), Ohio Schedule of Adjustments, and interaction with federal AGI. Must be loaded alongside us-tax-workflow-base and us-federal-return-assembly.
Triggers when the taxpayer operates a business in Ohio with gross receipts potentially exceeding the Commercial Activity Tax (CAT) threshold. Covers CAT registration, filing, computation at 0.26% on taxable gross receipts above the exclusion amount ($6 million for 2025+), quarterly filing requirements, and the 2024 reform changes under HB 33.