Ohio Code 5747.75 – Credit for dependents who attend nonchartered nonpublic school
A nonrefundable credit is allowed against a taxpayer‘s aggregate liability under section 5747.02 of the Revised Code for taxpayers with one or more dependents who attend a nonchartered nonpublic school. To qualify for the credit, the total federal adjusted gross income of the taxpayer and, if filing a joint return, the taxpayer’s spouse for the taxable year must be less than one hundred thousand dollars. The amount of the credit shall equal the lesser of the total tuition paid by the taxpayer and, if filing a joint return, the taxpayer’s spouse during the taxable year for all of the taxpayer’s dependents to attend such a school or the following amount, as applicable:
Terms Used In Ohio Code 5747.75
- Dependents: means one of the following:
(1) For taxable years beginning on or after January 1, 2018, and before January 1, 2026, dependents as defined in the Internal Revenue Code;
(2) For all other taxable years, dependents as defined in the Internal Revenue Code and as claimed in the taxpayer's federal income tax return for the taxable year or which the taxpayer would have been permitted to claim had the taxpayer filed a federal income tax return. See Ohio Code 5747.01
- Return: means the notifications and reports required to be filed pursuant to this chapter for the purpose of reporting the tax due and includes declarations of estimated tax when so required. See Ohio Code 5747.01
- Taxable year: means the calendar year or the taxpayer's fiscal year ending during the calendar year, or fractional part thereof, upon which the adjusted gross income is calculated pursuant to this chapter. See Ohio Code 5747.01
- Taxpayer: means any person subject to the tax imposed by section 5747. See Ohio Code 5747.01
(A) If the taxpayer’s or, if filing a joint return, the taxpayer’s and the taxpayer’s spouses’ total income is less than fifty thousand dollars for the taxable year, five hundred dollars;
(B) If the taxpayer’s or, if filing a joint return, the taxpayer’s and the taxpayer’s spouses’ total income equals or exceeds fifty thousand dollars but is less than one hundred thousand dollars for the taxable year, one thousand dollars.
The credit shall be claimed in the order prescribed by section 5747.98 of the Revised Code.
Last updated August 24, 2021 at 1:10 PM