Ohio § 5733.38 Credit for reimbursement of employee child care expenses

Ohio Statutes

§ 5733.38 — Credit for reimbursement of employee child care expenses

Ohio § 5733.38

Title 57Taxation

Ch. 5733Corporation Franchise Tax

This text of Ohio § 5733.38 (Credit for reimbursement of employee child care expenses) 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. § 5733.38 (2026).

Text

This section applies only to tax years 1999, 2000, 2001, 2002, and 2003.

A nonrefundable credit is allowed against the tax imposed by sections5733.06,5733.065, and5733.066of the Revised Code equal to fifty per cent of the amount incurred by a taxpayer during the taxable year immediately preceding the tax year to reimburse employees of the taxpayer for child care expenses. The amount of the credit for a tax year shall not exceed seven hundred fifty dollars per child.

The taxpayer shall count toward the credit only reimbursements it pays to or for the benefit of employees for amounts paid by those employees for child care provided to dependents of the employees at child care centers licensed under section5104.03of the Revised Code. The taxpayer shall not count toward the credit any amount 

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This section applies only to tax years 1999, 2000, 2001, 2002, and 2003.

A nonrefundable credit is allowed against the tax imposed by sections5733.06,5733.065, and5733.066of the Revised Code equal to fifty per cent of the amount incurred by a taxpayer during the taxable year immediately preceding the tax year to reimburse employees of the taxpayer for child care expenses. The amount of the credit for a tax year shall not exceed seven hundred fifty dollars per child.

The taxpayer shall count toward the credit only reimbursements it pays to or for the benefit of employees for amounts paid by those employees for child care provided to dependents of the employees at child care centers licensed under section5104.03of the Revised Code. The taxpayer shall not count toward the credit any amount it paid directly or indirectly in connection with a plan or program described in section 125 of the Internal Revenue Code or under section5733.36of the Revised Code. The taxpayer shall claim the credit in the order required under section5733.98of the Revised Code.

Last updated January 28, 2025 at 4:51 PM