LLC fees in Ohio
$99
Are LLC Fees Tax Deductible in Ohio?
Short answer: Yes, as a business expense: Ohio charges $99 to form an LLC; ongoing: None. Commercial Activity Tax applies only above $6M taxable gross receipts (0.26%); the CAT minimum tax was eliminated.
Annual report fees and state LLC taxes are ordinary business expenses (IRC §162). Formation fees are organizational costs: deduct up to $5,000 the first year and amortize the rest over 15 years (IRC §195, §709).
Records to keep: Keep the state filing receipt, proof of payment, and your LLC's formation and annual report confirmations.
LLC fees in Ohio
$99
General Business
Yes, as a business expense: Ohio charges $99 to form an LLC; ongoing: None. Commercial Activity Tax applies only above $6M taxable gross receipts (0.26%); the CAT minimum tax was eliminated.
Business justification
Yes, as a business expense: Ohio charges $99 to form an LLC; ongoing: None. Commercial Activity Tax applies only above $6M taxable gross receipts (0.26%); the CAT minimum tax was eliminated. Annual report fees and state LLC taxes are ordinary business expenses (IRC §162). Formation fees are organizational costs: deduct up to $5,000 the first year and amortize the rest over 15 years (IRC §195, §709).
Category
- Tax Write-Off Rules