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Ohio Schedule of Credits Nonrefundable and Refundable
Extracted from PDF file 2023-ohio-schedule-of-credits.pdf, last modified November 2023Schedule of Credits Nonrefundable and Refundable
2023 Ohio Schedule of Credits Use only black ink. Use whole dollars only. Primary taxpayer’s SSN 23280102 Sequence No. 7 Many of these credits must be calculated using a worksheet and/or be supported by additional required documentation. See the instructions for worksheets and information on supporting documentation. Nonrefundable Credits 1. Tax liability before credits (from Ohio IT 1040, line 8c)............................................................................................. 1. 2. Retirement income credit (include 1099-R forms).................................................................................................. 2. 3. Lump sum retirement credit (include a copy of the worksheet and 1099-R forms)........................................... 3. 4. Senior citizen credit (must be 65 or older to claim this credit)................................................................................ 4. 5. Lump sum distribution credit (include a copy of the worksheet and 1099-R forms).......................................... 5. 6. Child care & dependent care credit (include a copy of the worksheet)............................................................... 6. 7. Displaced worker training credit (include a copy of the worksheet and all required documentation)................. 7. 8. Campaign contribution credit for Ohio statewide office or General Assembly........................................................ 8. 9. Exemption credit..................................................................................................................................................... 9. 10. Total (add lines 2 through 9)................................................................................................................................. 10. 11. Tax less credits (line 1 minus line 10; if negative, enter zero)............................................................................... 11. 12. Joint filing credit (see instructions for table). % times line 11, up to $650............................................................... 12. 13. Earned income credit............................................................................................................................................ 13. 14. Home school expenses credit (include copies of all required documentation)............................................... 14. 15. Scholarship donation credit (include copies of all required documentation)................................................... 15. 16. Nonchartered, nonpublic school tuition credit (include copies of all required documentation)....................... 16. 17. Credit for work-based learning experiences (include a copy of the credit certificate)..................................... 17. 18. Ohio adoption credit carryforward......................................................................................................................... 18. 19. Nonrefundable job retention credit (include a copy of the credit certificate).................................................... 19. 20. Credit for eligible new employees in an enterprise zone (include a copy of the credit certificate).................. 20. 21. Credit for the beginning farmers financial management program (include a copy of the credit certificate)..... 21. 22. Welcome Home Ohio credit (include a copy of the credit certificate).............................................................. 22. 23. Credit for sale/rental of agricultural assets to beginning farmers (include a copy of the credit certificate)...... 23. Do not write in this area; for department use only. 2023 Schedule of Credits – page 1 of 2 2023 Ohio Schedule of Credits Primary taxpayer’s SSN 23280202 Sequence No. 8 24. Grape production credit........................................................................................................................................ 24. 25. InvestOhio credit (include a copy of the credit certificate)............................................................................... 25. 26. Lead abatement credit (include a copy of the credit certificate)...................................................................... 26. 27. Opportunity zone investment credit (include a copy of the credit certificate).................................................. 27. 28. Technology investment credit carryforward (include a copy of the credit certificate)....................................... 28. 29. Enterprise zone day care & training credits (include a copy of the credit certificate)...................................... 29. 30. Research & development credit (include a copy of the credit certificate)........................................................ 30. 31. Nonrefundable Ohio historic preservation credit (include a copy of the credit certificate)............................... 31. 32. Ohio low-income housing credit (include a copy of the credit certificate)........................................................ 32. 33. Affordable single-family housing credit (include a copy of the credit certificate)............................................. 33. 34. Total (add lines 12 through 33)............................................................................................................................. 34. 35. Tax less additional credits (line 11 minus line 34; if negative, enter zero)............................................................ 35. Residency Credits 36. Nonresident credit – Ohio IT NRC, line 20 (include a copy)............................................................................... 36. 37. Resident credit – Ohio IT RC, line 7 (include a copy)......................................................................................... 37. 38. Total nonrefundable credits (add lines 10, 34, 36 and 37; enter here and on Ohio IT 1040, line 9)................. 38. Refundable Credits 39. Refundable Ohio historic preservation credit (include a copy of the credit certificate).................................... 39. 40. Refundable job creation credit & job retention credit (include a copy of the credit certificate)................................. 40. 41. Pass-through entity credit (include a copy of all Ohio IT K-1s)......................................................................... 41. 42. Motion picture & Broadway theatrical production credit (include a copy of the credit certificate).................... 42. 43. Venture capital credit (include a copy of the credit certificate)........................................................................ 43. 44. Total refundable credits (add lines 39 through 43; enter here and on Ohio IT 1040, line 16)............................ 44. 2023 Schedule of Credits – page 2 of 2
Schedule of Credits
More about the Ohio Schedule of Credits Individual Income Tax Tax Credit TY 2023
We last updated the Schedule of Credits Nonrefundable and Refundable in January 2024, so this is the latest version of Schedule of Credits, fully updated for tax year 2023. You can download or print current or past-year PDFs of Schedule of Credits directly from TaxFormFinder. You can print other Ohio tax forms here.
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TaxFormFinder has an additional 82 Ohio income tax forms that you may need, plus all federal income tax forms. These related forms may also be needed with the Ohio Schedule of Credits.
| Form Code | Form Name |
|---|---|
| Schedule of Adjustments | Schedule of Adjustments - Additions and Deductions |
| Schedule of Dependents | Schedule of Dependents Claimed on IT 1040 |
View all 83 Ohio Income Tax Forms
Form Sources:
Ohio usually releases forms for the current tax year between January and April. We last updated Ohio Schedule of Credits from the Department of Taxation in January 2024.
Schedule of Credits is an Ohio Individual Income Tax form. States often have dozens of even hundreds of various tax credits, which, unlike deductions, provide a dollar-for-dollar reduction of tax liability. Some common tax credits apply to many taxpayers, while others only apply to extremely specific situations. In most cases, you will have to provide evidence to show that you are eligible for the tax credit, and calculate the amount of the credit to which you are entitled.
About the Individual Income Tax
The IRS and most states collect a personal income tax, which is paid throughout the year via tax withholding or estimated income tax payments.
Most taxpayers are required to file a yearly income tax return in April to both the Internal Revenue Service and their state's revenue department, which will result in either a tax refund of excess withheld income or a tax payment if the withholding does not cover the taxpayer's entire liability. Every taxpayer's situation is different - please consult a CPA or licensed tax preparer to ensure that you are filing the correct tax forms!
Historical Past-Year Versions of Ohio Schedule of Credits
We have a total of three past-year versions of Schedule of Credits in the TaxFormFinder archives, including for the previous tax year. Download past year versions of this tax form as PDFs here:
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