Do I qualify for the Ohio IT SBD - Small Business Investor Income Deduction?

I'm a freelance web developer.  I have 0 employees.  All of my services are done in Ohio by myself but provided to clients in other states.  The instruction were incredibly hard to understand.  I have no idea if I qualify or not.   

On a side note, I'm really irritated by TurboTax this year - why should I have to fill out this form separately and then attach it?  Isn't that what I just paid you to do?  The whole point of purchasing tax preparation software is so that these headaches are taken care of for us!  TurboTax should be supporting all tax forms, but especially a form as important as this one.  Otherwise, they should be providing a refund to everyone suckered into buying the Ohio TurboTax software.


1 person found this helpful

Yes. Anybody filing schedule C (or even C-EZ) qualifies for this incredible deduction.

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