The PTE tax election may be made on the extended Ohio PTE tax return, due on September 15 for calendar year filers; and
All partners must be included in the Ohio PTE tax return, including C corporations (as such, while the distributive income attributable to C corporations is included and taxed under the Ohio PTE tax, no corresponding credit is available for C corporations).
The updated FAQs also address application of the PTE tax credit in some tiered partnership situations. Please contact us with any questions.
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