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Preview - It 1040 Ohio Form

Do not use staples.

Use only black ink.

12000102

Taxable year beginning in

2012

IT 1040 Rev. 10/12

Individual

Income Tax Return

Taxpayer Social Security no. (required)

If deceased

Spouse’s Social Security no. (only if joint return)

If deceased

Use UPPERCASE letters.

check box

check box

 

 

Your first name

M.I.

 

Last name

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Spouse’s fi rst name (only if married filing jointly)

M.I.

 

Last name

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Mailing address (for faster processing, use a street address)

 

City

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

State

ZIP code

Ohio county (fi rst four letters)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Home address (if different from mailing address) – do NOT show city or state

 

 

 

 

 

 

 

ZIP code

 

 

County (fi rst four letters)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Foreign country (provide this information if the mailing address is outside the U.S.)

 

 

Foreign postal code

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

E-mail address

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Ohio Residency StatusCheck applicable box

Check applicable box for spouse (only if married filing jointly)

 

 

 

Full-year

 

 

Part-year

 

 

Nonresident

 

 

 

 

 

 

 

 

 

 

Full-year

 

 

 

 

Part-year

 

 

Nonresident

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

resident

 

 

resident

 

 

Indicate state

 

 

 

 

 

 

 

 

 

 

resident

 

 

 

 

resident

 

 

Indicate state

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Filing StatusCheck one (as reported on federal income tax return)

 

 

 

Do not use staples, tape or glue. Place your W-2(s), check

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Single or head of household or qualifying widow(er)

 

 

 

 

 

(payable to Ohio Treasurer of State) and Ohio form

 

 

 

Married filing jointly

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

IT 40P on top of your return. Include forms W-2G and

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

1099-R if tax was withheld. Place any other supporting

 

 

 

Married filing separately

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

documents or statements after the last page of your return.

 

 

 

(enter spouse’s SS#)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Ohio Political Party Fund

 

 

 

 

 

 

 

 

 

Yes No

 

 

 

 

 

 

 

 

Go paperless. It’s FREE!

 

Do you want $1 to go to this fund?

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Visit tax.ohio.gov to try Ohio I-File.

 

If joint return, does your spouse want $1 to go to this fund?...

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Note: Checking “Yes” will not increase your tax or decrease your refund.

 

 

 

Most electronic fi lers receive their refunds

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Ohio School District Number for 2012

 

 

 

 

 

 

 

 

 

 

 

 

 

in 5-7 business days by direct deposit!

 

(see pages 43-48 of the instructions)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

INCOME AND TAX INFORMATION – If amount is negative, shade the negative sign (“–”) in the box provided.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

1.

Federal adjusted gross income (from IRS form 1040, line 37; 1040A, line 21;

 

,

,

,

. 0 0

 

1040EZ, line 4; 1040NR, line 36; or 1040NR-EZ, line 10)

.... 1.

2.

Adjustments from line 47 on page 3 of Ohio form IT 1040 (enclose page 3)

.... 2.

,

,

,

. 0 0

3.

Ohio adjusted gross income (line 2 added to or subtracted from line 1)

.... 3.

,

,

,

. 0 0

4.

Personal exemption and dependent exemption deduction – multiply your personal

 

 

 

,

. 0 0

 

and dependent exemptions

times $1,700 and enter the result here

4.

 

 

5.

Ohio taxable income (line 3 minus line 4; enter -0- if line 3 is less than line 4)

5.

,

,

,

. 0 0

6.

Tax on line 5 (see tax tables on pages 35-41 of the instructions)

 

6.

,

,

. 0 0

7.

Schedule B credits from line 57 on page 4 of Ohio form IT 1040 (enclose page 4)

7.

,

,

. 0 0

8.

Ohio tax less Schedule B credits (line 6 minus line 7; enter -0- if line 6 is less than line 7)

8.

,

,

. 0 0

9.

Exemption credit: Number of personal and dependent exemptions

times $20

9.

 

 

. 0 0

10.

Ohio tax less exemption credit (line 8 minus line 9; enter -0- if line 8 is less than line 9)

10.

,

,

. 0 0

2012 IT 1040

pg. 1 of 4

2012 IT 1040

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Taxable year beginning in

 

IT 1040 Rev. 10/12

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2012

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Individual

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

SS#

 

 

 

 

 

 

 

 

 

 

 

 

12000202

 

 

 

 

 

 

 

 

 

 

 

 

Income Tax Return

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

10a.

Amount from line 10 on page 1

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

10a.

 

 

 

 

,

 

 

 

,

 

 

 

.

0

0

 

11.

Joint filing credit. See the instructions on page 20 for eligibility and documentation requirements

 

 

 

 

 

 

 

 

 

 

 

 

 

.

0

0

 

 

(this credit is for married filing jointly status only).

 

 

 

 

 

 

 

 

% times line 10a (limit $650)

11.

 

 

 

 

 

 

 

 

 

 

 

 

 

12.

Ohio income tax less joint filing credit (line 10a minus line 11)

......................................................

 

 

 

 

 

 

 

 

 

12.

 

 

 

 

,

 

 

 

,

 

 

 

.

0

0

 

13.

Total credits from line 69 on page 4 of Ohio form IT 1040 (enclose page 4)

13.

 

 

 

 

,

 

 

 

,

 

 

 

.

0

0

 

14.

Manufacturing equipment grant. You must include the grant request form

14.

 

 

 

 

,

 

 

 

,

 

 

 

.

0

0

 

15.

Ohio income tax (line 12 minus lines 13 and 14; enter -0- if the total of lines 13 and 14 is more

 

 

 

 

 

,

 

 

 

,

 

 

 

.

0

0

 

 

than line 12)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

15.

 

 

 

 

 

 

 

 

 

 

 

16.

Interest penalty on underpayment of estimated tax. Enclose Ohio form IT/SD 2210 (see page

 

 

 

 

 

,

 

 

 

,

 

 

 

.

0

0

 

 

21 of the instructions)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

16.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

,

 

 

 

,

 

 

 

.

0

0

 

17.

Unpaid Ohio use tax (see the worksheet on page 33 of the instructions)

17.

 

 

 

 

 

 

 

 

 

 

 

18.

Total Ohio tax liability (add lines 15, 16 and 17)

....................................................

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

TOTAL TAX

18.

 

 

 

 

,

 

 

 

,

 

 

 

.

0

0

 

19.

Ohio income tax withheld (box 17 on W-2; box 14 on W-2G; and box 12 on 1099-R). Place

 

 

 

 

 

,

 

 

 

,

 

 

 

.

0

0

 

 

W-2(s), W-2G(s) and 1099-R(s) on top of this return

 

 

 

 

 

 

 

 

AMOUNT WITHHELD

19.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

20.

Add the 2012 Ohio form IT 1040ES payment(s), 2012 Ohio form IT 40P extension payment(s)

 

 

 

 

 

,

 

 

 

,

 

 

 

.

0

0

 

 

and 2011 overpayment credited to 2012

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

20.

 

 

 

 

 

 

 

 

 

 

 

21.

Refundable credits. Include certifi cate(s) and K-1(s):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

a. Business jobs credit

 

 

 

b. Pass-through entity credit

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

,

,

. 0 0

c. Historic preservation credit

 

,

,

. 0 0

d. Motion picture production credit

,

,

. 0 0

,

,

. 0 0

22. Add lines 19, 20 and 21a, b, c and d

TOTAL PAYMENTS

22.

If line 22 is MORE THAN line 18, go to line 23. If line 22 is LESS THAN line 18, skip to line 27.

 

23.

If line 22 is MORE THAN line 18, subtract line 18 from line 22

AMOUNT OVERPAID

23.

24.

Amount of line 23 to be credited to 2013 income tax liability

CREDIT TO 2013

24.

25.

Amount of line 23 that you wish to donate to the following fund(s):

 

 

 

a. Military injury relief

b. Ohio Historical Society

 

 

,

,

. 0 0

,

,

. 0 0

,

,

. 0 0

,

. 0 0

,

. 0 0

c. Wildlife species

d. Natural areas

 

,

. 0 0

,

. 0 0

 

 

,

,

. 0 0

26.

Line 23 minus the sum of lines 24 and 25a, b, c and d. Enter here, then skip to line 28

26.

27.

If line 22 is LESS THAN line 18, subtract line 22 from line 18

AMOUNT DUE

27.

,

,

. 0 0

28.

Interest and penalty due on late-paid tax and/or late-fi led return (see page 22 of the

 

,

,

. 0 0

 

instructions)

 

INTEREST AND PENALTY

28.

If you entered an amount on line 26, skip to line 30. If you entered an amount on line 27, go to line 29.

 

 

 

29. Amount due plus interest and penalty (add lines 27 and 28). If payment is enclosed, make

 

,

,

. 0 0

 

check payable to Ohio Treasurer of State and include Ohio form IT 40P (see our Web site at

 

 

tax.ohio.gov)

 

AMOUNT DUE PLUS INTEREST AND PENALTY

29.

 

 

 

30. Refund less interest and penalty (line 26 minus line 28). Enter the amount here.

,

,

. 0 0

 

 

(If line 28 is more than line 26, you have an amount due. Subtract line 26 from

 

 

 

 

 

 

 

line 28 and enter this amount on line 29.)

.............................YOUR REFUND

30.

 

 

 

 

SIGN HERE (required)

I have read this return. Under penalties of perjury, I declare that, to the best of my knowledge and belief, the return and all enclosures are true, correct and complete.

Your signature

Date

 

 

Spouse’s signature (see page 10 of the instructions)

Phone number (optional)

 

 

Preparer’s printed name (see page 11 of the instructions)

Phone number

Do you authorize your preparer to contact us regarding this return? Yes No

If your refund is less than $1.01, no refund will be issued. If you owe less than $1.01, no payment is necessary.

For Department Use Only

, , .

Code

MAILING INFORMATION:

NO Payment Enclosed Mail to: Ohio Department of Taxation, P.O. Box 2679, Columbus, OH 43218-2679

Payment Enclosed Mail to: Ohio Department of Taxation, P.O. Box 2057, Columbus, OH 43218-2057

 

2012 IT 1040

pg. 2 of 4

2012 IT 1040

 

If line 2 (on page 1) is -0- or blank, do not mail page 3.

SS#

12000302

Taxable year beginning in

2012

IT 1040 Rev. 10/12

Individual

Income Tax Return

SCHEDULE A – Income Adjustments (Additions and Deductions)

 

 

 

 

 

Additions (add income items only to the extent not included on page 1, line 1).

 

 

,

,

. 0 0

31.

Non-Ohio state or local government interest and dividends

31.

32.

Certain pass-through entity Ohio taxes paid and Ohio Revised Code section 5733.40(A)

 

,

,

. 0 0

 

pass-through entity adjustment

32.

33a.

Federal interest and dividends subject to state taxation

33a.

,

,

. 0 0

b. Reimbursement of college tuition expenses and fees deducted in any previous year(s) and

 

,

,

. 0 0

 

noneducation expenditures from a college savings account

b.

c. Losses from sale or disposition of Ohio public obligations

c.

,

,

. 0 0

d. Nonmedical withdrawals from a medical savings account

d.

,

,

. 0 0

e. Reimbursement of expenses previously deducted for Ohio income tax purposes, but only if

 

,

,

. 0 0

 

the reimbursement is not in federal adjusted gross income

e.

f. Lump sum distribution add-back and miscellaneous federal income tax adjustments

f.

,

,

. 0 0

g. Adjustment for Internal Revenue Code sections 168(k) and 179 depreciation expense

g.

,

,

. 0 0

34.

Total additions (add lines 31 through 33g and enter here). You must complete the

 

,

,

,

. 0 0

 

applicable line items above

34.

 

 

 

 

Deductions (deduct income items only to the extent included on page 1, line 1).

 

 

 

 

. 0 0

35a. Federal interest and dividends exempt from state taxation

35a.

,

,

b. Adjustment for Internal Revenue Code sections 168(k) and 179 depreciation expense

b.

,

,

. 0 0

36.

Employee compensation earned in Ohio by full-year residents of neighboring states and certain

,

,

. 0 0

 

income earned by military nonresidents and civilian nonresident spouses

36.

37a.

Military pay for Ohio residents, but only if the military pay is included on line 1 of this return

 

,

,

. 0 0

 

and is received while the military member was stationed outside Ohio

37a.

b. Military retirement income and military injury relief fund amounts included in federal adjusted

 

,

,

. 0 0

 

gross income (line 1 on page 1)

b.

38a.

State or municipal income tax overpayments shown on IRS form 1040, line 10

38a.

,

,

. 0 0

b. Refund or reimbursements shown on IRS form 1040, line 21 for itemized deductions claimed

 

,

,

. 0 0

 

on a prior year federal income tax return

b.

c. Repayment of income reported in a prior year and miscellaneous federal tax adjustments

c.

,

,

. 0 0

39.

Disability and survivorship benefi ts (do not include pension continuation benefits)

39.

,

,

. 0 0

 

 

 

40.

Qualifying Social Security benefi ts and certain railroad retirement benefits

40.

,

,

. 0 0

 

 

 

41a.

Education: Ohio 529 contributions; tuition credit purchases

41a.

,

,

. 0 0

 

 

. 0 0

b.

Pell/Ohio College Opportunity taxable grant amounts used to pay room and board

b.

,

,

42.

Certain Ohio National Guard reimbursements and benefits

42.

,

,

. 0 0

43a.

Unreimbursed long-term care insurance premiums, unsubsidized health care insurance

 

,

,

. 0 0

 

premiums and excess health care expenses (see worksheet on page 27 of the instructions) ...

43a.

b. Funds deposited into, and earnings of, a medical savings account for eligible health care

 

,

,

. 0 0

 

expenses (see worksheet on page 28 of the instructions)

b.

 

 

 

 

c. Qualifi ed organ donor expenses (maximum $10,000 per taxpayer) and amounts contributed

 

,

,

. 0 0

 

to an individual development account

c.

44.

Wage expense not deducted due to the targeted jobs or the work opportunity tax credits

44.

,

,

. 0 0

45.

Interest income from Ohio public obligations and from Ohio purchase obligations; gains from

 

 

 

 

 

the sale or disposition of Ohio public obligations; public service payments received from the

 

,

,

. 0 0

 

state of Ohio or income from a transfer agreement

45.

46.

Total deductions (add lines 35a through 45 only). You must complete the applicable

 

line items above

46.

47.

Net adjustments – If line 34 is MORE THAN line 46, enter the difference here

 

 

 

and on line 2 as a positive amount. If line 34 is LESS THAN line 46, enter

 

.... 47.

 

 

 

the difference here and on line 2 as a negative amount

 

 

 

,

 

 

 

,

 

 

 

,

 

 

 

.

0

0

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

,

 

 

 

,

 

 

 

,

 

 

 

.

0

0

2012 IT 1040

pg. 3 of 4

2012 IT 1040

If line 7 (page 1) and line 13 (page 2) are both -0- or blank, do not mail page 4.

SS#

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

12000402

SCHEDULE B – Nonbusiness Credits

Taxable year beginning in

2012

IT 1040 Rev. 10/12

Individual

Income Tax Return

48.

Retirement income credit (limit $200 per return). See the table on page 29 of the instructions ....

48.

 

 

. 0 0

49.

Senior citizen credit (you must be 65 or older to claim this credit; limit $50 per return)

.............

49.

 

 

. 0 0

50.

Lump sum distribution credit (you must be 65 or older to claim this credit)

50.

,

,

. 0 0

51.

Child care and dependent care credit (see the worksheet on page 30 of the instructions)

51.

 

,

. 0 0

52.

Lump sum retirement credit

52.

,

,

. 0 0

53.

If line 5 on page 1 is $10,000 or less, enter $88; otherwise, enter -0- or leave blank

53.

 

 

. 0 0

54.

Displaced worker training credit (see the worksheet and instructions on pages 30 and 31)

 

 

,

. 0 0

 

(limit $500 per taxpayer)

54.

 

55.

Ohio political contributions credit (limit $50 per taxpayer)

55.

 

 

. 0 0

56.

Ohio adoption credit ($1,500 per child adopted during the year)

56.

 

,

. 0 0

57.

Total Schedule B credits (add lines 48 through 56). Enter here and on page 1, line 7

57.

,

,

. 0 0

 

 

 

SCHEDULE C – Full-Year Ohio Resident Credit

 

 

 

 

 

58.

Enter the portion of line 3 on page 1 subjected to tax by other states or the District of

 

,

,

,

. 0 0

 

Columbia while you are an Ohio resident (limits apply – see page 31 of the instructions)....

58.

59.

Enter Ohio adjusted gross income (line 3 on page 1)

59.

,

,

,

. 0 0

60.

Divide line 58 by line 59 and enter the result here (four digits; do not round). .

 

 

,

,

. 0 0

 

Multiply this factor by the amount on line 12 on page 2 and enter the result here

60.

61.

Enter the 2012 income tax, less all credits other than withholding and estimated tax payments and

 

 

 

 

overpayment carryforwards from previous years, paid to other states or the District of Columbia

,

,

. 0 0

 

(limits apply – see page 31 of the instructions)

61.

62.

Enter the smaller of line 60 or line 61. This is your Ohio resident tax credit. Enter here and on

 

,

,

. 0 0

 

line 67 below. If you fi led a return for 2012 with a state(s) other than Ohio, enter the two-letter

 

 

 

 

 

 

 

state abbreviation in the box(es) below

62.

 

 

 

SCHEDULE D – Nonresident / Part-Year Resident Credit (date of part-year residency

to

)

63.

Enter the portion of Ohio adjusted gross income (line 3) that was not earned or received

,

,

,

. 0 0

 

in Ohio. Include Ohio form IT 2023 if required (see page 31 of the instructions)

63.

64.

Enter the Ohio adjusted gross income (line 3 on page 1)

64.

,

,

,

.

0 0

65.

Divide line 63 by line 64 and enter the result here (four digits; do not round). .

 

65.

,

,

.

0 0

 

Multiply this factor by the amount on line 12. Enter here and on line 68 below

 

 

 

 

SUMMARY OF CREDITS FROM SCHEDULES C, D AND E

66.

Enter the amount from line 10 of Schedule E, Nonrefundable Business Credits (see page 32 of

 

 

the instructions)

66.

67.

Enter the amount from line 62 above

67.

68.

Enter the amount from line 65 above

68.

69.

Add lines 66, 67 and 68. Enter here and on page 2, line 13

69.

,

,

. 0 0

,

,

. 0 0

,

,

. 0 0

,

,

. 0 0

MAILING INFORMATION

NO Payment Enclosed Mail to:

Ohio Department of Taxation

P.O. Box 2679

Columbus, OH 43218-2679

Enclose your federal income

tax return if line 1 on page 1 of this

return is -0- or negative.

Payment Enclosed Mail to: Ohio Department of Taxation P.O. Box 2057

Columbus, OH 43218-2057

2012 IT 1040

pg. 4 of 4

2012 IT 1040

 

Document Properties

Fact Name Details
Form Purpose The IT 1040 is the Individual Income Tax Return form for residents of Ohio.
Tax Year This form is specifically for the taxable year beginning in 2012.
Filing Requirements Taxpayers must provide their Social Security number and that of their spouse if filing jointly.
Residency Status Taxpayers must indicate their Ohio residency status: full-year resident, part-year resident, or nonresident.
Filing Status Taxpayers must select their filing status, such as single, married filing jointly, or head of household.
Black Ink Requirement All entries on the form must be completed using black ink only.
Staples Prohibition Do not use staples, tape, or glue when submitting the form.
Political Party Fund Taxpayers can choose to contribute $1 to the Ohio Political Party Fund without affecting their tax liability.
Income Reporting Taxpayers must report their federal adjusted gross income as part of the filing process.
Governing Law The IT 1040 form is governed by the Ohio Revised Code, specifically sections related to income tax regulations.

Documents used along the form

The IT 1040 Ohio form is essential for filing individual income taxes in Ohio. However, several other forms and documents are often required to complete the tax filing process accurately. Below is a list of commonly used forms that may accompany the IT 1040.

  • W-2 Form: This form reports wages, tips, and other compensation paid to employees. Employers must provide a W-2 to each employee by January 31 of the following year.
  • 1099 Form: Used to report various types of income other than wages, salaries, and tips. There are several variations of this form, including 1099-MISC for miscellaneous income and 1099-INT for interest income.
  • IT 40P: This is the Ohio Individual Income Tax Extension Payment form. It is used to request an extension for filing your tax return and to make any necessary payments.
  • Loan Agreement: To ensure proper documentation and understanding of loan terms, it is important to utilize a legal smarttemplates.net loan agreement form when borrowing or lending money.
  • IT/SD 2210: This form is for calculating penalties for underpayment of estimated tax. It is required if you did not pay enough tax throughout the year.
  • Schedule A: This schedule allows taxpayers to report adjustments to income, including additions and deductions that affect the taxable amount.
  • Schedule B: This form is used to claim nonbusiness credits, such as the retirement income credit or the child care credit, which can reduce the overall tax liability.
  • IT 2023: This form is for nonresidents or part-year residents to claim a credit for taxes paid to other states, ensuring that taxpayers do not pay double taxes on the same income.

These forms and documents are vital for ensuring compliance with Ohio tax laws. Properly completing and submitting them can help avoid penalties and ensure accurate tax calculations. Always keep copies for your records and consult with a tax professional if needed.

Guidelines on Filling in It 1040 Ohio

Completing the IT 1040 Ohio form requires careful attention to detail. After filling out the form, ensure all necessary documents, such as W-2s and any other supporting statements, are included before mailing it to the appropriate address. Following these steps will help you accurately report your income and determine any tax liabilities or refunds.

  1. Use black ink and write in UPPERCASE letters.
  2. Enter your Social Security number in the designated box. If filing jointly, also include your spouse's Social Security number.
  3. Fill in your first name, middle initial, and last name. If married and filing jointly, enter your spouse's name as well.
  4. Provide your mailing address, including city, state, and ZIP code. If your home address differs, include it as well.
  5. Indicate your Ohio residency status by checking the appropriate box. Do the same for your spouse if filing jointly.
  6. Select your filing status based on your federal income tax return.
  7. Decide whether you wish to contribute $1 to the Ohio Political Party Fund.
  8. Report your federal adjusted gross income from the relevant line of your federal tax return.
  9. List any adjustments from line 47 on page 3 of the Ohio form IT 1040.
  10. Calculate your Ohio adjusted gross income by adding or subtracting the adjustments from your federal adjusted gross income.
  11. Determine your personal exemption and dependent exemption deduction, multiplying the total number of exemptions by $1,700.
  12. Subtract the exemption deduction from your Ohio adjusted gross income to find your taxable income.
  13. Use the tax tables to find the tax amount based on your taxable income.
  14. Enter any Schedule B credits from line 57 on page 4 of the Ohio form IT 1040.
  15. Calculate your Ohio tax less Schedule B credits.
  16. Determine your exemption credit by multiplying the number of exemptions by $20.
  17. Subtract the exemption credit from your Ohio tax less Schedule B credits.
  18. Calculate your total Ohio tax liability by adding any interest penalties and unpaid Ohio use tax.
  19. Report the total Ohio income tax withheld from your W-2s, W-2Gs, and 1099-Rs.
  20. Add any payments made with Ohio form IT 1040ES and any overpayments credited to the current year.
  21. Calculate your total payments by adding the amounts from the previous step.
  22. If your total payments exceed your tax liability, determine the amount overpaid and decide how much to credit to next year's tax liability or donate to specific funds.
  23. If your total payments are less than your tax liability, calculate the amount due.
  24. Sign and date the form, ensuring that all information is accurate and complete.
  25. Mail the completed form to the appropriate address based on whether you are enclosing payment or not.

Common mistakes

Filling out the IT 1040 Ohio form can be a straightforward process, but many individuals make common mistakes that can lead to delays or issues with their tax returns. One frequent error is not using the correct ink color. The form specifically requires the use of black ink. Using any other color can cause scanning problems and may result in your return being rejected.

Another common mistake is failing to use UPPERCASE letters when filling out personal information. The form is designed to read uppercase letters clearly, and using lowercase can lead to misinterpretation of your data. This can be particularly problematic for names and addresses, which are crucial for accurate processing.

Many people also neglect to check the appropriate boxes for their Ohio residency status. It’s essential to indicate whether you are a full-year resident, part-year resident, or nonresident. Incorrectly selecting your residency status can affect your tax calculations and eligibility for certain credits.

Another mistake occurs when taxpayers forget to include their Social Security number. This number is required for both the taxpayer and spouse (if filing jointly). Omitting this information can significantly delay processing your return. Additionally, if either party is deceased, it’s important to note that as well.

Some individuals fail to include all necessary supporting documents with their returns. For example, W-2 forms and other income statements must be placed on top of the return. If these documents are missing, it can lead to delays in processing or even an audit.

Incorrectly calculating the Ohio taxable income is another common error. Taxpayers often miscalculate by not properly subtracting personal exemptions or failing to adjust for any applicable credits. This can lead to overpayment or underpayment of taxes, both of which can create complications down the line.

People also sometimes forget to sign and date their return. A signature is a declaration that the information provided is true and complete. Not signing can result in the return being considered invalid. Similarly, failing to provide a phone number can hinder communication if the tax department needs to clarify any information.

Lastly, some taxpayers make the mistake of not following the mailing instructions correctly. Depending on whether payment is enclosed or not, the return must be sent to different addresses. Sending it to the wrong location can lead to unnecessary delays in processing your return.

FAQ

  1. What is the IT 1040 Ohio form?

    The IT 1040 form is the Individual Income Tax Return used by residents of Ohio to report their income and calculate their state tax liability. This form is required for individuals who earn income in Ohio and need to file a state tax return. It is important to ensure that all income, deductions, and credits are accurately reported to comply with state tax laws.

  2. Who needs to file the IT 1040 form?

    Any individual who is a resident of Ohio and has earned income during the tax year must file the IT 1040 form. This includes full-year residents, part-year residents, and nonresidents who have income sourced from Ohio. If you are unsure about your residency status, it’s advisable to consult the instructions provided with the form or seek assistance.

  3. What information is required to complete the IT 1040 form?

    To complete the IT 1040 form, you will need several pieces of information, including:

    • Your Social Security number and that of your spouse if filing jointly.
    • Your adjusted gross income from your federal tax return.
    • Details about any deductions or credits you are eligible for.
    • Your Ohio residency status.
    • Any W-2 or 1099 forms that report income and tax withheld.
  4. How do I submit the IT 1040 form?

    You can submit the IT 1040 form by mailing it to the Ohio Department of Taxation. If you are not enclosing a payment, send it to P.O. Box 2679, Columbus, OH 43218-2679. If you are sending a payment, use P.O. Box 2057, Columbus, OH 43218-2057. Make sure to follow the mailing instructions carefully to avoid delays in processing.

  5. What if I owe taxes or expect a refund?

    If you owe taxes, you will need to submit payment along with your IT 1040 form. Payments can be made by check or money order, payable to the Ohio Treasurer of State. If you expect a refund, ensure that you have filled out the necessary sections on the form to indicate your bank account details for direct deposit. Most refunds are processed within 5-7 business days for electronic filers.

  6. Are there penalties for late filing?

    Yes, there are penalties for filing your IT 1040 form late. If you do not file your return by the deadline, you may incur a late filing penalty, which can increase the amount you owe. Additionally, interest may accrue on any unpaid taxes. It’s best to file on time or apply for an extension if you need more time.

  7. Can I get assistance with filling out the IT 1040 form?

    Yes, assistance is available. The Ohio Department of Taxation offers resources and guidance on their website, including instructions for completing the IT 1040 form. You may also consider reaching out to a tax professional or a local tax assistance program for help.