Ohio § 5747.22 Apportioning and allocating income and deductions of pass-through entities

Ohio Statutes

§ 5747.22 — Apportioning and allocating income and deductions of pass-through entities

Ohio § 5747.22

Title 57Taxation

Ch. 5747Income Tax

This text of Ohio § 5747.22 (Apportioning and allocating income and deductions of pass-through entities) 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. § 5747.22 (2026).

Text

(A)This section applies solely for the purposes of computing the credit allowed under division (A) of section5747.05of the Revised Code and computing income taxable in this state under division (D) of section5747.08of the Revised Code.

(B)With respect to a pass-through entity, one or more of the pass-through entity investors of which are liable for the tax imposed by section5747.02of the Revised Code, the business income and deductions of the pass-through entity shall be apportioned to this state in the hands of the pass-through entity investors pursuant to section5747.21of the Revised Code. The business income and deductions as thus apportioned to this state then shall be allocated to the pass-through entity investors in proportion to their right to share in that business income.

(C)

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(A) This section applies solely for the purposes of computing the credit allowed under division (A) of section5747.05of the Revised Code and computing income taxable in this state under division (D) of section5747.08of the Revised Code.

(B) With respect to a pass-through entity, one or more of the pass-through entity investors of which are liable for the tax imposed by section5747.02of the Revised Code, the business income and deductions of the pass-through entity shall be apportioned to this state in the hands of the pass-through entity investors pursuant to section5747.21of the Revised Code. The business income and deductions as thus apportioned to this state then shall be allocated to the pass-through entity investors in proportion to their right to share in that business income.

(C) With respect to a pass-through entity described in division (B) of this section, the nonbusiness income and deductions of the pass-through entity shall be allocated to the pass-through entity investors in proportion to their right to share in the nonbusiness income, and then the pass-through entity shares shall be allocated to this state in the hands of each pass-through entity investor pursuant to section5747.20of the Revised Code.