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State tax filing
"... your percentage of amounts from pass-through entities"
Yes, of course - but that wasn't exactly the question.
There are two percentages involved here:
1) The percentage of ownership in the pass-thru entity, and thus your share property, payroll, and sales.
2) The apportionment ratio of that business income to Ohio.
Section III of the Ohio IT-NRC asks for the percentage of ownership at the top, but if I'm then supposed to provide my share of the amounts, it puzzles me why they would care to know that percentage is?
My question now is If the amounts to be provided on this Ohio form, used to determine the Ohio apportionment ratio, are to be already reduced by the percentage at the top. Again, you'd get the same apportionment ratio either way, but it's really just a question if Ohio wants the bigger or smaller numbers on this form.