- 2007 Ohio State Information
2007 Ohio State Information
Here we provide information on some of the latest tax laws and issues for your state. Visit this page often for updates.
Click here to see if all the forms and schedules for your state are available.
Be sure to update TurboTax first so your desktop product has the latest forms. TurboTax Online products are automatically updated for you.
OH: Fairborn not included in city list for R.I.T.A. returns
For state-specific questions, see your State Tax Topics section in our TurboTax Live Community.
State discussions are divided into alphabetical groups. Here's how to find your state:
- Go to the TurboTax Live Community.
- Under Topics, look for Preparing Your State Return(s).
- Click on the orange button next to the group with your state. The group will expand.
- Click on the name of your state. Discussions for your state will load in the right-hand column.
- Click on each discussion title to read.
Here's what changed in Ohio's tax law for tax year 2007:
Tax Rate Decrease
This year's tax rate has been reduced by 4.2%.
Exemption Increase
The personal and dependent exemption has been increased to $1,450.
Ohio Medical Savings Account
This deduction has increased to $3,944.
Federal/Ohio Depreciation Differences
Due to current and past year Ohio depreciation and amortization deductions that do not conform to federal law, you may need to make adjustments to the taxpayer's 2007 Ohio income tax return. Please see the Ohio tax help in the program for these adjustments.
Note: Click on the Help button during the State interview and search for "What's New for 2007" to see what may have changed since the last program update.Ohio does not have an extension form. Ohio does accept the federal extension as an extension for time to file the Ohio return. Be sure to attach a copy of the federal extension to your Ohio state tax return. For further information, click on Ohio Income Tax Individual
Important: TurboTax will provide you with the correct address for mailing your return. Mail your return to the address listed in the File by Mail instructions that printed with your state return.
Note: Some states have more than one filing address. For example, a state may have one filing address for returns with refunds, no tax due and a second address for returns with a balance due. Look for the correct state filing address on this form.
Click to learn how more about multiple state returns and products:
Note: For information on a different state, see 2007 State Tax Information and select the link to your state.
