Schedule E - Ohio Schedule E Nonrefundable Business Credits - 2012 Page 2

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Schedule E
Rev. 12/12
Schedule E-2
10211411
Nonrefundable Business Credit Summary Worksheet
(Enclose this schedule with your return.)
Note: All credits are calculated by the business entity, and then the owners of the business entity can claim a proportionate
share of the credit.
1
2
3
4
Enter the name(s) of each credit you are claiming. Use
the sequence (order) set forth on Schedule E-1 on the
fi rst page .......................................
1. Amount of credit available to the pass-through
entity .....................................................................
%
%
%
%
2. Enter the percentage of your ownership interest.
If sole owner, enter 100% .....................................
3. Multiply the amount on line 1 by the percentage
on line 2 ................................................................
4. Enter the amount of unused credit carryforward,
if any, from a prior year(s) .....................................
5. Tentative credit (add lines 3 and 4). See instruc-
tions for limits ........................................................
6. Enter your Ohio income tax from form:
– IT 1040, line 13 (or IT 1040X, line 12) minus
Schedule C and D credits .................................
– IT 4708, line 10 .................................................
– IT 1041, line 8 minus Schedule B, C, D
and I credits ......................................................
- 0 -
7. Enter the amount shown on line 12, column 1 ......
- 0 -
- 0 -
8. Enter the amount shown on line 12, column 2 ......
- 0 -
- 0 -
- 0 -
9. Enter the amount shown on line 12, column 3 ......
- 0 -
10. Add lines 7 through 9 above .................................
11. Line 6 minus line 10 (but not less than zero) ........
12. Allowed credit for the taxable year: Enter
the smaller of line 5 or line 11 here and in
Schedule E-1 on page 1 .......................................
13. Unused credit: If line 5 is greater than line 11,
enter the difference here; otherwise, enter -0-.
See instructions for carryforward limitations for
each credit ............................................................
- 2 -

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