OHIO RESIDENT CREDIT NOT WORKING

Forum|Forum|5 years ago
March 26, 2021
1 reply
13 views

I HAVE CHECKED THE FULL YEAR RESIDENT BOX IN CLIENT INFO AND FILLED OUT THE OTHER STATE TAX CREDIT WITH STATE, INCOME TAXED BY ANOTHER STATE, AND TAX OWED TO ANOTHER STATE AND IT IS NOT CARRYING TO OHIO. ANY IDEAS? APPEARS TO BE A GLITCH BC IT'S BEEN WORKING BEFORE.

Lacerte Tax

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P

PKCPAMST

Level 6

This return needs to be processed as a multi-state return.

You have already set up Ohio as the Resident State as of 12/31 for the client.
On Screen 1 – Client Info, under Returns, add the other state.
In the appropriate state amount fields, hold down the Control and E keys to open up Allocate Multi-State Amounts screen.
The program will automatically complete OH IT RC and OH Schedule of Credits with the other state information.

R

rozieCPAAuthor

Level 2

I DO NOT WISH TO FILE THE OTHER STATE'S RETURN. IT IS NOT REQUIRED BECAUSE A COMPOSITE RETURN WAS FILED ALREADY. I DON'T WANT TO PAY FOR REP FOR A STATE THAT IS NOT REQUIRED. I JUST WANT TO GET CREDIT FOR THE TAXES PAID TO THE OTHER STATE ON OHIO'S RETURN. IN PAST YEAR'S IT WASN'T THIS COMPLICATED. I JUST ENTERED IN OTHER STATE TAX CREDITS AS OVERRIDES AND IT WORKED. THANKS FOR YOUR HELP!

J

JBTAX

Level 2

Did you ever get this to work? I am having the same problem - I have a return where tax was paid by a composite return on the Ohio client's behalf in two states. I need to enter the income and the tax paid so that it flows through to Ohio IT RC and Ohio Schedule of Credits. However, I do NOT want to create or file the tax returns for the two other states, since the firm already filed composite returns. When I enter the state names, income, and tax paid in the Ohio credit for taxes paid to other states area, it does not flow through to Ohio IT RC and Ohio Schedule of Credits.

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