Here’s something to remember as you start thinking about your 2019 Ohio income tax returns: Both the OH campaign contribution credit and OH financial institutions tax credit are no longer available. This is true even if you’ve already contributed to an eligible campaign or paid OH financial institution taxes in calendar year 2019. The credits will be removed from all future versions of OH Schedule E, the OH IT 1041 and IT 4708.
2023 – 09/12 – Investment swings: What’s the tax impact?
Have your investments fluctuated wildly this year? You may have already recognized gains and losses. But nothing is decided tax-wise until all the gains and losses from 2023 trades are tallied up at year end. If you’ve had swings in the value of a tax-favored 401(k),...
