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.

What pass-through entity type should be listed at the top of each Ohio IT K-1 for a trust? Why isn’t there a check box for Ohio IT 1140 beneficiary?

The “entity type” line represents the taxpayer/qualifying entity filing the IT 4708 or IT 1140 and filling out the Ohio IT K-1 on behalf of its investors or beneficiaries.  Conversely, the IT 1140 qualified investor/ IT 4708 composite investor check boxes refer to the status of the investor.  Thus, if a trust was withholding on its distribution to a nonresident beneficiary, the trust would be listed as the entity type at the top of the Ohio IT K-1 and would check the Non applicable box for the beneficiary.