How do I apply Ohio lead tax credit on my tax form?

Forum|Forum|3 years ago
March 17, 2023
1 reply
0 views

Received tax credit for having lead abated from residence….. how do I use it on tax form?

TurboTax Premier Online

MayaD

The Ohio Lead Abatement Tax Credit is a nonrefundable credit that is issued against a taxpayer’s state tax liability. In order to be eligible to receive this credit, the taxpayer must have incurred lead abatement costs, associated with an eligible dwelling they own, on or after the taxable year beginning January 1, 2020.

Ohio Department of Health

To claim the credit,:

Open your return.
Select State Taxes.
Click continue next to Ohio return. Continue until you get to the screen Take a look at Ohio credits and taxes
Scroll down to Business and investment credits
Click Start/ Revisit next to Non refundable business credits and carryovers
On the following screen, inside the box, scroll down to Lead Abatement Credit Smartsheet.

**Say "Thanks" by clicking the thumb icon in a post**Mark the post that answers your question by clicking on "Mark as Best Answer"

CKCK78

Hello,

When I am at step 4 of the instructions described by @MayaD, at the Business and investment credits section, I do not see the "Non refundable business credits and carryovers" option. I only see "Work-Based Learning Experience Credit" (as shown in the picture) is there somewhere else I should look for the "Non refundable business credits and carryovers" option?

Thanks.

JamesG1

I am able to follow the instructions of @MayaD.

In TurboTax Online Premium, I am able to access the screen Take a look at Ohio credits and taxes and the option for Nonrefundable business credits and carryovers.

Do you report a self-employment activity in your tax return? Do you report an IRS form K-1 in your tax return?

What version of TurboTax are you using? Are you using the Online version or the Desktop version?

@CKCK78

**Say "Thanks" by clicking the thumb icon in a post**Mark the post that answers your question by clicking on "Mark as Best Answer"