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 depreciation information is needed?

Provide the depreciation information as it relates to the entity preparing the Ohio IT K-1.  The “Total current year bonus depreciation” is the aggregate deduction of all prior year add backs.  The detail of the add backs should be included on the prior year lines with the amount, time frame and tax years listed.  The depreciation information should be presented on the Ohio IT K-1 for any filer for which a depreciation adjustment is required.  Use the supplemental information lines in the event the entity has 6 eligible years of depreciation deduction, or other special circumstances.