In preparing Ohio Form IT 4708, and filing a composite return, should a nonresident's share of income be taxable to a partnership and the tax paid by the partnership?

[sjrcpa · Accepted solution]

Yes. That's the point of the composite return - one return filed by the partnership instead of many individual nonresident returns.

[smith-patricia-e]

Thanks for your help.

[sjrcpa]

You're welcome.

[Michael-G--Ellis-CPA]

Ohio has a $250K business deduction for individual joint filers which might make composite filings an unattractive option and better to use the withholding form whereby most of the tax will be refunded. 

[Mo-CPA]

According to my understanding of the State of Ohio's instructions, starting in 2013, a non-res individual included on the IT-4708 composite form may still opt to file the OH 1040 and claim the business income deduction. See https://www.tax.ohio.gov/faq/tabid/6315/Default.aspx?QuestionID=394&AFMID=11354