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New Member
posted Jun 4, 2019 9:19:34 PM

Can I claim the retirement credit of $130.00 that the state of Ohio offers on my 2016 tax form if I retired November 30, 2016?

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2 Replies
Expert Alumni
Jun 4, 2019 9:19:36 PM

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.


Level 2
Mar 25, 2020 10:46:18 AM

If I am still working and have received a w-2 for earned income. But, I am also taking retirement distributions from my IRA account and received a 1099-R. Am I considered retired and therefore qualified to take the Ohio retirement credit? TurboTax program seems to think so, and "gave" me the credit of $200. I wanted to make sure that it is not an error.