Level 15
04-02-2023
11:36 AM
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From Ohio website. https://tax.ohio.gov/individual/Business-Income-Deduction
Ohio taxes income from business sources and nonbusiness sources differently on its individual income tax return (the Ohio IT 1040). The first $250,000 of business income earned by taxpayers filing “Single” or “Married filing jointly,” and included in federal adjusted gross income, is 100% deductible