Valorie Long, AFSP, RTRP2195 Sulky TrailBeavercreek, OH 45434Phone: 937.271.6881
If the TP has Schedule C income of $5,000, and a Line 29 adjustment (SE health insurance) of $4,000, what is the BUS deduction?
The OH tax dept web site does not show any adjustments to be reported on BUS line 7 for this type of federal adjustment. An email to the OH tax dept a year ago indicated there were to adjustments of this type. Does anyone have anything new about this?
I have an S-corp with two 50% shareholders. Are their distributions deductible on the Net Profit Tax return for RITA? Both partners happen to live in a township so no income tax is paid on their distributions there.
I am looking at schedule X on RITA form 27 line P. It asks for "other items not taxable" pass thru income.
Please help. I am very confused by this.
Couple married in June, 2015 and each worked in different districts; however, spouse lived in husbands district from June until September when he was deployed to Cuba for one year. At that time spouse moved back to her initial district. Both had W-2 income without School District withholding.
My concern is how best to report both districts and devide W-2 incomes. I'm learning the Ohio wants two returns even though couple filed jointly. Are both to be treated as joint returns?
Help is appreciated.
If I have less than 250 employees do I still need to sent copies of
W-2's with IT-3? Also can the TPA sign the IT-3 for taxpayer?
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this new tax for townships or un-incorporated areas, how can we get a list of these areas. we seem to find out only after we have missed withholding on payroll for awhile.
there is also a business tax return.
we visited Ohio website, no list of locations.
Does the 12 day rule in regards to withholding municipal income taxes apply to contractors/subcontractors who have employees who work in a municpality with an income tax
With tax season fast approaching, remember your Chapter discussion board can be a great resource for state and local tax issues as well as utilizing the state tax volunteers.