Instructions For Filing: Personal & School District Income Tax - Department Of Taxation State Of Ohio - 2014 Page 17
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602014 Ohio Forms IT 1040EZ / IT 1040 / Instructions
If your taxable income is less than
If you do not qualify for the joint fi ling credit,
form IT/SD 2210 to determine if a penalty is
$100,000, your tax has been calculated
enter -0- on line 11. If you do qualify for the
due. This form is available on our Web site
for you as shown on Income Tax Table 1,
joint fi ling credit, calculate it this way:
at tax.ohio.gov.
or you can use Income Tax Table 2.
EZ Line 16 – Unpaid Use (Sales) Tax
If your taxable income is $100,000 or
If your Ohio taxable
more, you must use Income Tax Table
income (line 5) is:
Your credit is:
Use line 16 of Ohio form IT 1040EZ to re-
2.
port the amount of unpaid use (sales) tax,
$25,000 or less............. 20% of line 10a
if any, that you may owe from out-of-state
Note: Income Tax Table 1 shows the tax
More than $25,000,
purchase(s) that you made in 2014 (for
amount for $50 increments of income and
but not more than
example, mail order or Internet purchases).
is calculated on the midpoint income for
$50,000 ........................ 15% of line 10a
Complete the worksheet on page 35. A
all of the income in that $50 range. The
detailed explanation of the Ohio use tax is
tax amount listed on Income Tax Table 1
More than $50,000,
on page 34.
may be slightly lower or higher than the
but not more than
tax amount computed by using Income
$75,000 ........................ 10% of line 10a
If you did not make any out-of-state purchas-
Tax Table 2.
es during 2014, enter -0- on line 16. If you did
More than $75,000 ......... 5% of line 10a
EZ Line 9 – Exemption Credit
make any out-of-state purchase during 2014
This credit is limited to a maximum
and if you paid no sales tax on that purchase,
of $650.
For taxable years beginning on or after
then you are required to complete the use
Jan. 1, 2014, the $20 personal and de-
tax worksheet on page 35 to determine the
pendent exemption credit is only available
Example 2: If your Ohio taxable income (line
amount of Ohio use tax you owe (which is
to taxpayers with Ohio taxable income of
the sales tax on that purchase).
5) is $20,000 and the amount on line 10a is
less than $30,000. Ohio taxable income is
$303, then the joint fi ling credit will be $61:
EZ Line 18 – Ohio Income Tax Withheld
defi ned as Ohio adjusted gross income less
$303 – from line 10a
exemptions. If Ohio taxable income is less
Enter the total amount of Ohio income tax
x .20 – from table above
than $30,000, multiply your total number of
withheld. This is normally shown on your tax
personal and dependent exemptions by $20
statement form (W-2, box 17; W-2G, box 15;
Joint fi ling credit = $61 (rounded)
and enter on line 9.
or 1099-R, box 12). See the sample W-2 and
If you qualify for this credit, but you and your
EZ Line 11 – Joint Filing Credit
W-2G on page 14 and the sample 1099-R
spouse do not each have a W-2 form show-
on page 15.
ing $500 or more of income, then you must
To qualify for this credit,
Place legible state copies of your W-2(s),
include with the return a separate statement
you and your spouse must
W-2G(s) or 1099-R(s) after the last page
!
explaining the income that qualifi es for this
each have qualifying Ohio
of Ohio form IT 1040EZ. Do not staple or
credit. You must show that each spouse has
adjusted gross income of
otherwise attach.
CAUTION
$500 or more of qualifying income included
at least $500 after you have
You cannot claim on the Ohio return any
in Ohio adjusted gross income (line 3) in
fi gured your line 2 adjustments.
taxes withheld for another state, a city or
order to take the joint fi ling credit.
a school district.
If you are a married couple fi ling a joint Ohio
If you are a direct or indirect investor in a
EZ Line 13 – Earned Income Credit
income tax return, you may qualify for a joint
pass-through entity, you cannot claim on
fi ling credit. You can take this credit only if
this line taxes withheld on your behalf by
For taxable years beginning on or after Jan.
each spouse has qualifying Ohio adjusted
a pass-through entity. For proper report-
1, 2014, a nonbusiness, nonrefundable
gross income of $500 or more. Qualifying
ing of taxes withheld on your behalf by
earned income credit is available for taxpay-
Ohio adjusted gross income does not in-
a pass-through entity, use Ohio form IT
ers who were eligible for the federal earned
clude income from Social Security benefi ts,
1040 and see line 72b on page 33.
income tax credit (EITC) on their federal tax
most railroad retirement benefi ts, uniformed
returns. The Ohio earned income credit is
EZ Line 20 – Donations
services retirement income, interest, dividend
equal to 10% of the taxpayer's federal EITC.
and capital gain distributions, royalties, rents,
A donation will reduce the
capital gains, and state or local income tax
However, if the taxpayer's Ohio taxable
STOP
amount of the refund that you
refunds. This credit is limited to a maximum
income (Ohio adjusted gross income less
are due. If you decide to donate,
of $650 (see the following examples).
exemptions) exceeds $20,000 on either an
this decision is fi nal. If you do not want
individual or joint tax return, then the credit is
Example 1: Bob and Sue fi le a joint return.
to donate, leave lines 20a-e blank. If you
limited to 50% of the tax otherwise due after
Sue earned $200,000 from her current em-
do not have an overpayment on line 19
deducting all other credits that precede the
ployment. Bob's only source of income is
but you want to donate, you may do
credit except for the joint fi ling credit. See
$500 from his state and municipal income
so by writing a check and mailing it di-
the worksheet on page 20.
tax refunds included in federal adjusted
rectly to the fund. See page 36 for more
gross income. This $500 is deducted on
information.
EZ Line 15 – Interest Penalty
line 2 and is not included in Bob and Sue's
EZ Line 23 – Interest and Penalty Due
Ohio adjusted gross income. Therefore,
If line 14 minus the withholding shown on
they do not qualify for Ohio's joint fi ling
line 18 is $500 or less, enter -0- on line 15.
Except for certain military servicemembers
credit. However, if Bob had another source
If line 14 minus the withholding shown on
(see "Income Taxes and the Military" on
of qualifying income of $500 or more not
line 18 is greater than $500, you may owe
page 12), interest is due from April 16, 2015
deducted on line 2, he and Sue would
an interest penalty. You must complete Ohio
until the date the tax is paid.
qualify for the credit.
- 17 -
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