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.

Why should a trust use the Ohio IT K-1?

Although the trust pays their tax due on its retained earnings via the Ohio IT 1041, a trust is still required to withhold if it distributes some of its income to non-resident beneficiaries.  The Ohio IT K-1 can be used to easily track the amount of income distributed to, and withholding for, the non-resident beneficiary.