Ohio

[Lion EA]

Filing Requirements for Ohio CAT and FIT Returns

Dear CCH Customer:

The Ohio Department of Taxation released the following updates based on Ohio revenue code (R.C.5751.07).

Individual, Fiduciary, Corporation, S Corporation, Partnership
Under the authority of Ohio revenue code (R.C. 5751.07):

The department now requires annual CAT taxpayers to file and pay electronically for returns filed on or after Wednesday, January 1, 2014. Taxpayers may file and pay electronically through the Ohio Business Gateway at business.ohio.gov. Alternatively, annual taxpayers may utilize Telefile as a means for electronically filing and paying the annual CAT return beginning in April 2014.

Due to this new treatment specified by the Ohio Department of Taxation, CCH no longer has access to updated versions of these forms and will not be able to update them for any future changes made by Ohio. We will, therefore, label the CAT 12 (Commercial Activity Tax Annual Return and 2014 Minimum Tax Payment Return) and associated schedules as “Informational.” Filing instructions and transmittal letters have been updated with Ohio Web site information. These changes will be effective with Release 2013.02030, scheduled for Sunday, January 26, 2014. Again, if Ohio revises these forms, our forms will be out of date.

Corporation
Corporation Franchise Tax Reports FT 1120 and FT 1120 FI are obsolete and no longer supported by ProSystem fx Tax.

A new form, FIT (2014 Financial Institutions Tax Report), has been added for Release 2013.02030 as “Informational” only. Pursuant to Ohio revenue code (R.C. 5726.03©(1)), taxpayers are required to file and pay electronically through the Ohio Business Gateway at business.ohio.gov.

Find answers to your CCH questions in our Knowledge Base at http://support.cch.com/answers/.

Please feel free to contact Support online at Contact Us if you have any questions.

Sincerely,

CCH, a part of Wolters Kluwer