Article: 50517

Overview 

If you received a Schedule K-1 from a pass-through entity (such as a partnership, S corporation, or estate/trust) with Ohio-sourced income, you may need to report that income on your Ohio IT-1040 using the Ohio K-1 form. 

This form allows you to detail how much of your K-1 income is taxable by Ohio and supports proper allocation, credits, or refunds related to pass-through entity taxes. 

Who Should Use the Ohio K-1 Form? 

You should complete the Ohio K-1 form if: 

• You received a K-1 showing income, credits, or losses attributable to Ohio, 

• You are a resident, nonresident, or part-year resident of Ohio, and 

• The pass-through entity: 

• Conducts business in Ohio, or 

• Filed an IT 4708 or paid the Ohio Pass-Through Entity Tax (PTET) on your behalf. 

Note: You may be eligible to claim credit for taxes paid by the entity, depending on your residency status and how the entity filed. 

How to Report 

1. Navigate to the State Taxes section on the left-hand side of the screen. 

2. Click the link: I’d like to see the forms I’ve filled out or search for a form. 

3. In the dropdown menu, select Ohio. 

4. Click on the General tab. 

5. Select Ohio K-1 to open the screen. 

6. Enter all applicable information.  

7. Click Save once complete. 

Additional Resources 

For further guidance, see: Ohio IT-1040/SD-100 Booklet – 2024 Instructions