Ohio § 5733.121 Applying refund in partial satisfaction of debt

Ohio Statutes

§ 5733.121 — Applying refund in partial satisfaction of debt

Ohio § 5733.121

Title 57Taxation

Ch. 5733Corporation Franchise Tax

This text of Ohio § 5733.121 (Applying refund in partial satisfaction of debt) is published on Counsel Stack Legal Research, covering Ohio primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ohio Rev. Code Ann. § 5733.121 (2026).

Text

If a corporation entitled to a refund under section5733.11or5733.12of the Revised Code is indebted to this state for any tax, workers' compensation premium due under section4123.35of the Revised Code, unemployment compensation contribution due under section4141.25of the Revised Code, unemployment compensation payment in lieu of contribution under section4141.241of the Revised Code, certified claim under section131.02or131.021of the Revised Code, or fee that is paid to the state or to the clerk of courts pursuant to section4505.06of the Revised Code, or any charge, penalty, or interest arising from such a tax, workers' compensation premium, unemployment compensation contribution, unemployment compensation payment in lieu of contribution under section4141.241of the Revised Code, certified cl

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If a corporation entitled to a refund under section5733.11or5733.12of the Revised Code is indebted to this state for any tax, workers' compensation premium due under section4123.35of the Revised Code, unemployment compensation contribution due under section4141.25of the Revised Code, unemployment compensation payment in lieu of contribution under section4141.241of the Revised Code, certified claim under section131.02or131.021of the Revised Code, or fee that is paid to the state or to the clerk of courts pursuant to section4505.06of the Revised Code, or any charge, penalty, or interest arising from such a tax, workers' compensation premium, unemployment compensation contribution, unemployment compensation payment in lieu of contribution under section4141.241of the Revised Code, certified claim, or fee, the amount refundable may be applied in satisfaction of the debt. If the amount refundable is less than the amount of the debt, it may be applied in partial satisfaction of the debt. If the amount refundable is greater than the amount of the debt, the amount remaining after satisfaction of the debt shall be refunded. If the corporation has more than one such debt, any debt subject to section5739.33or division (G) of section5747.07of the Revised Code shall be satisfied first. Except as provided in section131.021of the Revised Code, this section applies only to debts that have become final.

The tax commissioner may charge each respective agency of the state for the commissioner's cost in applying refunds to debts due to the state and may charge the attorney general for the commissioner's cost in applying refunds to certified claims. The commissioner may promulgate rules to implement this section.

The tax commissioner may, with the consent of the taxpayer, provide for the crediting, against tax due for any tax year, of the amount of any refund due the taxpayer under this chapter for a preceding tax year.