DanielV01
Expert Alumni

Retirement tax questions

It depends.  To qualify for the Ohio Retirement Income Credit, you must meet all of the following criteria:


  • Your adjusted gross income less exemptions (Ohio IT 1040, line 5) is less than $100,000; AND
  • You received retirement benefits, annuities, or distributions that were made from a pension, retirement, or profit sharing plan; AND
  • You received this income because you have retired; AND
  • This income is included in your Ohio adjusted gross income.

Note: If you previously took a Lump Sum Retirement Income Credit, you CAN'T take the Retirement Income Credit on this year's return or any future year's return.


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