Ohio Application for Corporation Franchise Tax Refund
Extracted from PDF file 2022-ohio-form-ft-ref.pdf, last modified August 2010
Application for Corporation Franchise Tax Refundhio FT REF Rev 7/10 Department of Taxation Application for Corporation Franchise Tax Refund File this application with: Ohio Department of Taxation Business Tax Division Corporation Franchise Tax Unit P.O. Box 2476 Columbus, OH 43216-2476 For franchise tax report year(s) Type or print in ink. Retain a copy for your records. See important information and law on back. based on accounting period(s) ending 1. Name 2. Address 3. City, state, ZIP code 4. Franchise tax ID # Ohio charter/license # FEIN 5. Total amount of refund claimed $ 6. State full and complete reasons for above claim. Attach additional sheets, if necessary. 7. Payment of the amount upon which this refund claim is based, was made or included in the following remittance(s) (include all payments made for the report year(s)). Attach additional payment schedule, if necessary: Amount Date Amount Date Total Payments = $ Person responsible for the ﬁling of this refund application. I declare under penalty of perjury that I'm the taxpayer or that I'm an authorized agent of the taxpayer, having knowledge of the relevant facts in this matter to ﬁle this refund application. Name Title E-mail Signature Date Phone no. Contact person (if different from the person above responsible for ﬁling this refund application). Name Title Firm name Daytime phone no. Street address Fax no. City, state, ZIP code E-mail address For state use only -1- Information and Pertinent Law Sections To the extent that a refund is granted on this application, either in whole or in part, the Department of Taxation will calculate and include the appropriate amount of interest in the refund payment made to the applicant. The applicant should not include such interest in the "Total amount of refund claimed" ﬁgure on line 5. Ohio Revised Code (R.C.) section 5733.26(B) provides for the payment of interest as follows: FT REF Rev 7/10 such amount to the director of budget and management and treasurer of state for payment from the tax refund fund created by R.C. section 5703.052. (C) "Ninety days" shall be substituted for "three years" in division (B) of this section if the taxpayer satisﬁes both of the following: (1) The taxpayer has applied for a refund based in whole or in part upon R.C. section 5733.0611; Interest shall be allowed and paid at the rate per annum prescribed by R.C. section 5703.47 upon amounts refunded with respect to the tax imposed by R.C. section 5733.06. The interest shall run from whichever of the following dates is the latest until the date the refund is paid: the date of the illegal, erroneous or excessive payment; the ninetieth day after the ﬁnal date the annual report under R.C. section 5733.02 was required to be ﬁled; or the ninetieth day after the date that report was ﬁled. (2) The taxpayer asserts that the imposition or collection of the tax imposed or charged by R.C. section 5733.06 or any portion of such tax violates the Constitution of the United States or the constitution of this state. (D)(1) Division (D)(2) of this section applies only if all of the following conditions are satisﬁed: If the overpayment results from the carryback of a net capital loss to a previous taxable year, the overpayment is deemed not to have been made prior to the ﬁling date, including any extension thereof, for the taxable year in which the net capital loss arises. (a) A qualifying pass-through entity pays an amount of the tax imposed by R.C. section 5733.41; (b) The taxpayer is a qualifying investor as to that qualifying pass-through entity; (c) The taxpayer did not claim the credit provided for in R.C. section 5733.0611 as to the tax described in division (D)(1)(a) of this section; Corporation franchise tax refunds are governed by R.C. section 5733.12, which provides in pertinent part as follows: (B) Except as otherwise provided under divisions (C) and (D) of this section, an application to refund to the corporation the amount of taxes imposed under R.C. section 5733.06 that are overpaid, paid illegally or erroneously, or paid on any illegal, erroneous, or excessive assessment, with interest thereon as provided by R.C. section 5733.26, shall be ﬁled with the tax commissioner, on the form prescribed by the commissioner, within three years from the date of the illegal, erroneous, or excessive payment of the tax, or within any additional period allowed by division (C) (2) of R.C. section 5733.031, division (D)(2) of R.C. section 5733.067, or division (A) of R.C. section 5733.11. (d) The three-year period described in division (B) of this section has ended as to the taxable year for which the taxpayer otherwise would have claimed that credit. (2) A taxpayer shall ﬁle an application for refund pursuant to this division within one year after the date the payment described in division (D)(1)(a) of this section is made. An application ﬁled under this division shall only claim refund of overpayments resulting from the taxpayer's failure to claim the credit described in division (D)(1)(c) of this section. Nothing in this division shall be construed to relieve a taxpayer from complying with the provisions of division (I) (14) of R.C. section 5733.04. On the ﬁling of the refund application, the commissioner shall determine the amount of refund due and certify -2-
More about the Ohio Form FT REF Corporate Income Tax TY 2022
We last updated the Application for Corporation Franchise Tax Refund in March 2023, so this is the latest version of Form FT REF, fully updated for tax year 2022. You can download or print current or past-year PDFs of Form FT REF directly from TaxFormFinder. You can print other Ohio tax forms here.
Other Ohio Corporate Income Tax Forms:
TaxFormFinder has an additional 82 Ohio income tax forms that you may need, plus all federal income tax forms.
|Form Code||Form Name|
|Form IT 1041 Instructions||Fiduciary Income Tax Return Instructions|
|Form IT 1041||Fiduciary Income Tax Return|
|Form CAT 1 Instructions||Ohio Commercial Activity Tax (CAT) Instructions for Registration|
|Form D 5||Notification of Dissolution or Surrender|
|Form IT 1041 UPC||Payment Voucher for Pass-Through Entity/Fiduciary Income Tax|
View all 83 Ohio Income Tax Forms
Ohio usually releases forms for the current tax year between January and April. We last updated Ohio Form FT REF from the Department of Taxation in March 2023.
About the Corporate Income Tax
The IRS and most states require corporations to file an income tax return, with the exact filing requirements depending on the type of company.
Sole proprietorships or disregarded entities like LLCs are filed on Schedule C (or the state equivalent) of the owner's personal income tax return, flow-through entities like S Corporations or Partnerships are generally required to file an informational return equivilent to the IRS Form 1120S or Form 1065, and full corporations must file the equivalent of federal Form 1120 (and, unlike flow-through corporations, are often subject to a corporate tax liability).
Additional forms are available for a wide variety of specific entities and transactions including fiduciaries, nonprofits, and companies involved in other specific types of business.
Historical Past-Year Versions of Ohio Form FT REF
We have a total of ten past-year versions of Form FT REF in the TaxFormFinder archives, including for the previous tax year. Download past year versions of this tax form as PDFs here:
While we do our best to keep our list of Ohio Income Tax Forms up to date and complete, we cannot be held liable for errors or omissions. Is the form on this page out-of-date or not working? Please let us know and we will fix it ASAP.