Earned income credit in Ohio
Varies
Does Ohio Have an Earned Income Tax Credit?
Short answer: Yes: Ohio offers the Ohio Earned Income Tax Credit, 30% of the federal EITC (nonrefundable). Nonrefundable; capped at the Ohio tax remaining after earlier nonrefundable credits. A bill to add a refundable portion was introduced but not enacted.
Claim the federal EITC on Form 1040 (with Schedule EIC if you have qualifying children); state credits go on your state return.
Records to keep: Keep your state return, W-2s and 1099s (1099-R, SSA-1099), and any state credit worksheets. Check your state revenue department's current-year instructions before you file.
Earned income credit in Ohio
Varies
Individuals / Personal Taxes
Yes: Ohio offers the Ohio Earned Income Tax Credit, 30% of the federal EITC (nonrefundable). Nonrefundable; capped at the Ohio tax remaining after earlier nonrefundable credits. A bill to add a refundable portion was introduced but not enacted.
Business justification
Yes: Ohio offers the Ohio Earned Income Tax Credit, 30% of the federal EITC (nonrefundable). Nonrefundable; capped at the Ohio tax remaining after earlier nonrefundable credits. A bill to add a refundable portion was introduced but not enacted. Claim the federal EITC on Form 1040 (with Schedule EIC if you have qualifying children); state credits go on your state return.
Category
- Personal Tax Deductions