INSTRUCTIONS: OHIO CORPORATION FRANCHISE TAX REPORT (Form 1120)

Ohio corporation's file their franchise tax report using a form 1120. This document can be obtained from the website maintained by the Ohio Department of Taxation.

Ohio Corporation Franchise Tax Report 1120 Step 1: If not filing for the calendar year printed on the document, enter the beginning and ending dates of your fiscal year.

Ohio Corporation Franchise Tax Report 1120 Step 2: Enter your Ohio franchise tax I.D. number and federal employer identification number.

Ohio Corporation Franchise Tax Report 1120 Step 3: Enter your Ohio charter or license number.

Ohio Corporation Franchise Tax Report 1120 Step 4: Enter your NAICS code.

Ohio Corporation Franchise Tax Report 1120 Step 5: Enter your corporation name and address, as well as the same information for your statutory agent and the name of your president, secretary and treasurer.

Ohio Corporation Franchise Tax Report 1120 Step 6: Enter your federal taxable income on line 1.

Ohio Corporation Franchise Tax Report 1120 Step 7: Complete Schedule B on the second page in order to complete line 2 on the first page.

Ohio Corporation Franchise Tax Report 1120 Step 8: Add lines 1 and 2. Enter the resulting sum on line 3.

Ohio Corporation Franchise Tax Report 1120 Step 9: Complete Schedule C on the fifth page to complete line 4 on the first page. Subtract line 3 from line 4 and enter the resulting difference on line 5.

Ohio Corporation Franchise Tax Report 1120 Step 10: Complete Schedule D on the fifth page to complete line 6 on the first page.

Ohio Corporation Franchise Tax Report 1120 Step 11: Complete lines 7 through 14 to determine your tax on a net income basis. You will need to complete Schedule G on the on the seventh page to complete line 14.

Ohio Corporation Franchise Tax Report 1120 Step 12: Complete lines 15 and 16 as directed to determine your net worth.

Ohio Corporation Franchise Tax Report 1120 Step 13: Complete lines 17 through 31 as directed to determine your net tax due. To complete line 18 complete Schedule G on the seventh page, and to complete line 19 complete Schedule A-1 on the eighth page.

Ohio Corporation Franchise Tax Report 1120 Step 14: Mail the form, along with your remittance, to the Ohio Department of Taxation at the address given on the second page.