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.

Do federal loss limitations affect my Ohio depreciation addback?

The amount of I.R.C. §179 and §168(k) bonus depreciation subject to addback is not affected by limitations contained in other sections of the Internal Revenue Code (for example, the excess business losses limitation, passive activity loss limitations, at-risk loss limitations). Additionally, the amount is not limited based on the taxpayer’s computation of federal adjusted gross income.

You must add back the appropriate fraction (5/6, 2/3, 6/6) of the total depreciation expenses allowed by I.R.C. §168(k) and §179.

See R.C. 5747.01(A)(20)(a).