Ohio DOR Proposes Amendment to Rule on Declaration of Estimated Income Tax Returns

The Ohio Department of Revenue (DOR) Sept. 16 proposed an amendment to rule on the declaration of estimated income tax returns. The proposal includes measures to: 1) apply the existing rule to the school district income tax; 2) provide that individuals use the same method for filing and paying Ohio individual income and school district income tax used for federal income tax; 3) permit the estimated payment option for extension filers; 4) remove the declaration of estimated tax; and 5) make non-substantive verbiage changes. [Ohio Dep’t of Tax’n, Proposed Regs. Section 5703-7-04, 09/16/24 (re-published as part of a five-year review)] ...