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.

Are there any special requirements for using a fiscal year-end?

If a taxpayer is using a fiscal year-end for federal tax purposes, it must be used for tangible personal property tax reporting. If the taxpayer would happen to not have been in business for a full 12 months immediately preceding the fiscal year-end, property must be listed using a calendar year-end (Dec. 31).