OHIO I-FILE TAX RETURN
REPORT YEAR 2005
Joint Filing Credit (this credit will be calculated for you)
This credit will be calculated for you if you are filing a joint Ohio income tax return and each spouse has qualifying Ohio Adjusted Gross Income of $500 or more. Qualifying income does not include income from interest, dividends & distributions, royalties, rents, capital gains, and state or municipal income tax refunds.  

If you deduct an amount on Schedule A of your Ohio return, you may not be entitled to the joint filing credit, unless each spouse has other sources of qualifying income totaling $500 or more included in Ohio Adjusted Gross Income. If your filing status is nonresident or part year and you deducted your military income on schedule A, you are not eligible for the joint filing credit unless you have other income totaling $500.00 or more.

Example: Tom and Mickie Brown file a joint return. Mickie earned $200,000 from her current employment. Tom's only source of income is $500 from his state and municipal income tax refunds included in federal adjusted gross income. This $500 is deducted on Schedule A and is not included in the Brown's Ohio Adjusted Gross Income. Therefore, they do not qualify for Ohio' s joint filing credit.  However, if  Tom had another source of qualifying income of $500 or more not deducted in Schedule A, the Brown's would qualify for the credit.

If your Ohio Taxable Income is: Your credit is:
$25,000 or less 20% of your Ohio tax less Schedule B and exemption credits
More than $25,000 but not more than $50,000 15% of your Ohio tax less Schedule B and exemption credits
More than $50,000 but no more than $75,000 10% of your Ohio tax less Schedule B and exemption credits
More than $75,000  5% of your Ohio tax less Schedule B and exemption credits

This credit is limited to a maximum of $650.