Frequently Asked Questions

The Ohio Department of Taxation has compiled a list of frequently asked questions covering many different categories.

To view the questions, click on the "Select Category" bar and then click on the category you are interested in. A list of questions will appear pertaining to that category. Then click on the question you are inquiring about and the answer will appear.

Is there a penalty for failure to file the returns and pay the tax due?

Yes, R.C. 5739.102 provides for penalties in certain situations. The failure to timely file a return or to remit the tax due subjects taxpayers to an additional charge of up to $50.00 or 10% of the tax liability due, whichever is greater.

Failure to remit the entire amount of tax due also subjects taxpayers to an assessment that may include a penalty up to 15% of the tax due, plus interest.

Individuals can be held personally liable for the debts of the corporation.