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Ohio business income deduction

Because I have business income (schedule C) turbo tax wants me to consdier this credit. Can I claim it if I earned my income in MA? I was a part year resident in MA and OH, earning my real estate commissions in MA.
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2 Replies
KatrinaB
Intuit Alumni

Ohio business income deduction

Yes. The deduction is based on all business income regardless of source and residency. Please read number three and four, in the Ohio link below.

http://www.tax.ohio.gov/Business/faqs/BusinessIncomeDeductionFAQ.aspx

Hal_Al
Level 15

Ohio business income deduction

Beware of double dipping. You cannot count income you deducted under the Small Business deduction for the credit for taxes paid to another state

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