×
tax forms found in
Tax Form Code
Tax Form Name

Ohio Free Printable  for 2024 Ohio Pass-Through Entity Tax Voluntary Disclosure Agreement (VDA)

Tax day has passed, and refunds are being processed! You can still e-file a late tax return here with TurboTax

It appears you don't have a PDF plugin for this browser. Please use the link below to download 2023-ohio-form-pte-vda.pdf, and you can print it directly from your computer.

Pass-Through Entity Tax Voluntary Disclosure Agreement (VDA)
Form: PTE VDA

File No. VOLUNTARY DISCLOSURE AGREEMENT PASS-THROUGH ENTITY TAX Taxpayer: FEIN: The Ohio Department of Taxation (the “Department”) is committed to promoting tax compliance. As a part of this effort, this Voluntary Disclosure Agreement is entered into between the Tax Commissioner for the State of Ohio (“Commissioner”) and the pass-through entity listed above (“Taxpayer”). This agreement applies only to Taxpayer’s Ohio pass-through entity tax obligations during the disclosure period. The disclosure period for this agreement will be 1/1/2020 through 12/31/2023. The Commissioner has statutory responsibility for administering the Ohio pass-through entity tax. As part of that responsibility, the Commissioner administers the Voluntary Disclosure program. In exchange for bringing this matter to the attention of the Commissioner, the Voluntary Disclosure program allows Taxpayer to come into compliance on substantially more favorable terms than if discovered to be noncompliant by the Commissioner. Although Taxpayer agrees to pay interest1 on any tax amount due, the Commissioner will not impose additional penalties or interest penalties for any taxable year in the disclosure period, provided Taxpayer complies with the terms of this agreement in good faith. By submitting this agreement for consideration, Taxpayer represents that Taxpayer: • Is noncompliant with Ohio’s pass-through entity tax laws; • Is not currently in contact with the Department regarding outstanding pass-through entity tax liability for any taxable year outside the disclosure period; • Is not, to the best of Taxpayer’s knowledge, under investigation by the Criminal Investigations Division of the Department; • Does not have any outstanding bills or assessments relating to Ohio pass-through entity tax liabilities (including for interest or penalties); • Has not previously been contacted by the Department regarding possible outstanding pass-through entity tax liability for any taxable year during the disclosure period; AND • Has not previously filed pass-through entity tax return(s) for any taxable year during the disclosure period. Eligibility for the Voluntary Disclosure program is predicated on these representations. Taxpayer desires to enter into this agreement to become current on its tax compliance 1 The applicable interest rates are 3% for calendar years 2021 and 2022, 5% for calendar year 2023 and 8% for calendar year 2024. Page 1 of 4 responsibilities. Accordingly, Taxpayer agrees to the following terms: 1. Taxpayer will disclose to the Commissioner all taxable income or loss during the disclosure period by filing all pass-through entity returns, required to be filed, for each tax year ending within the disclosure period. Returns for the taxable year ending in calendar year 2023 will be due by the filing date prescribed by law for said returns, including extensions thereof. 2. Taxpayer agrees that it will file Ohio Pass-Through Entity Composite Income Tax Returns (IT 4708) as part of this Voluntary Disclosure Agreement. Taxpayer understands that it is unable to file the Ohio Pass-Through Entity and Trust Withholding Tax Return (IT 1140) or the Electing Pass-Through Entity Income Tax Return (IT 4738) as part of the Voluntary Disclosure program. 3. Taxpayer will make a voluntary payment to the State of Ohio of all pass-through entity tax due during the disclosure period, including an estimate of the tax due for the taxable year ending in calendar year 2023, even if Taxpayer is not submitting the 2023 return with this Agreement. 4. Taxpayer will make a voluntary payment to the State of Ohio of interest, which will be calculated on the total amount of pass-through entity tax due. Taxpayer acknowledges that the interest amount is due pursuant to R.C. 5747.08(G) and that the interest cannot be reduced or waived. 5. Taxpayer will provide complete documentation to support any tax credits it is claiming. Taxpayer agrees it cannot carryforward credits generated in years prior to the disclosure period.2 The Commissioner reserves the right to review the documentation presented by Taxpayer and any other records pertaining to the disclosure, in order to confirm that its voluntary payment amount is accurate. 6. With respect to the current taxable year 2024, Taxpayer will file Ohio form(s) IT 4708 UPC, IT 1140 UPC or IT 4738 UPC and make full payment of all estimated tax due to date, to the extent required by Ohio law. Taxpayer will continue to make estimated payments as provided by R.C. 5747.09 or R.C. 5747.43, as applicable. 7. Taxpayer will file the appropriate registration forms with the Secretary of State and become registered in Ohio. Once properly registered, Taxpayer agrees to stay in compliance with the laws of Ohio. 2 Taxpayer also acknowledges that Ohio pass-through entities are not allowed a deduction for any net operating loss carrybacks or carryforwards. Page 2 of 4 8. Once this agreement is accepted by the Commissioner, Taxpayer agrees that it will not file any amended returns or refund claims for any pass-through entity tax amounts paid to Ohio with respect to the disclosure period as set forth in this agreement, except to the extent permitted in Item 9, below. 9. Notwithstanding Item 8 above, in the event of IRS adjustments with respect to the passthrough entity tax years covered by this agreement, Taxpayer will file amended Ohio passthrough entity tax returns pursuant to R.C. 5747.10. Such changes shall be incorporated into the returns as originally accepted pursuant to this agreement to determine the amount of additional tax due or refund owed. Taxpayer shall remit any outstanding liability, along with interest, with their amended returns. The Commissioner will issue any refund owed upon review and acceptance of the amended returns. Failure to timely file any amended returns or failure to timely pay any additional tax and interest due will result in the issuance of assessments (for applicable tax, interest and penalty) as provided by statute. 10. Taxpayer agrees to timely file Ohio pass-through entity tax returns and make the required tax payments for all future tax periods, to the extent required by Ohio law. Upon Taxpayer’s completion of the terms above, the Commissioner agrees to forgo any potential or actual past pass-through entity tax liability, including tax, penalty, interest penalty, and interest, as well as any filing or remittance responsibility that Taxpayer may have for its pass-through entity tax liability in this state incurred prior to the disclosure period. Both Taxpayer and the Commissioner agree to maintain the confidentiality of this agreement. The parties agree that they shall not disclose the fact of this agreement’s existence or any term of the agreement except as required by law. This agreement is not binding on the Commissioner until signed by the Commissioner. Prior to signing this agreement, the Commissioner will review the Department's records to confirm that Taxpayer: • Is not currently in contact with the Department regarding outstanding pass-through entity tax liability for any taxable year outside the disclosure period; • Is not currently under investigation by the Criminal Investigations Division of the Department; • Does not have any outstanding bills or assessments relating to Ohio pass-through entity tax liabilities (including for interest or penalties); • Has not previously been contacted by the Department regarding possible outstanding pass-through entity tax liability for any taxable year during the disclosure period; AND • Has not previously filed pass-through entity tax return(s) for any taxable year during the disclosure period. All payments and filings must be made contemporaneously with the submission of a signed copy of Page 3 of 4 this agreement. This agreement will not be accepted, or if accepted will be void, if Taxpayer: • • • Is not eligible for the Voluntary Disclosure program; Fails to remit the required payments and filings with this agreement; OR Does not substantially comply3 with terms of this agreement. If the Commissioner does not accept this agreement, or the agreement subsequently becomes void, the Commissioner can issue assessments for all tax and interest due under Ohio law, along with all appropriate penalties and interest penalties. This agreement is intended to bind the parties in the absence of fraud or material misrepresentation of fact. The person signing below for Taxpayer knowingly does so with the authority to bind Taxpayer to the terms of this Agreement. Signature Patricia Harris, Tax Commissioner Name Title of Officer/Agent Date Date 3 Substantial compliance includes, but is not limited to, remitting interest on amounts due under this agreement, paying any additional amounts found due for the taxable years covered by this agreement after the Commissioner’s review of the submission, good faith in the Voluntary Disclosure program and execution of this agreement, and/or filing tax returns and paying tax, as applicable, in subsequent years. Page 4 of 4
Extracted from PDF file 2023-ohio-form-pte-vda.pdf, last modified December 2023

More about the Ohio Form: PTE VDA Estate Tax TY 2023

If the commissioner finds a taxpayer to be non-compliant, then The Voluntary Disclosure Program (VDA) can be used in the favor of the taxpayer to come to compliance on more beneficial terms.

We last updated the Pass-Through Entity Tax Voluntary Disclosure Agreement (VDA) in February 2024, so this is the latest version of Form: PTE VDA, fully updated for tax year 2023. You can download or print current or past-year PDFs of Form: PTE VDA directly from TaxFormFinder. You can print other Ohio tax forms here.


eFile your Ohio tax return now

eFiling is easier, faster, and safer than filling out paper tax forms. File your Ohio and Federal tax returns online with TurboTax in minutes. FREE for simple returns, with discounts available for TaxFormFinder users!

File Now with TurboTax

Other Ohio Estate 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 1041ES Ohio Estimated Income Tax Payment Coupon for Estates and Trusts
Form IT 1041P Ohio Income Tax Payment Coupon for Estates and Trusts (OBSOLETE)
Form ET 24 Application for Extension of Time to File Ohio Estate Tax Return
Form ET 12 Application for Consent to Transfer Property or Other Interest of a Resident Decedent
Form ET 2-LargeEstate Estate Tax Return & Instructions for Estates With Dates of Death on or After Jan. 1, 2002 With Gross Value Over $338,333

Download all OH tax forms View all 83 Ohio Income Tax Forms


Form Sources:

Ohio usually releases forms for the current tax year between January and April. We last updated Ohio Form: PTE VDA from the Department of Taxation in February 2024.

Show Sources >

About the Estate Tax

The IRS, and many states, impose an estate tax on the transfer of cash and property between a decedent and their beneficiaries. These taxes generally only apply to estates over a certain size threshold, generally several million dollars, and therefore only affects the largest few percent of estates in the United States.

Historical Past-Year Versions of Ohio Form: PTE VDA

We have a total of two past-year versions of Form: PTE VDA in the TaxFormFinder archives, including for the previous tax year. Download past year versions of this tax form as PDFs here:



TaxFormFinder Disclaimer:

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.

** This Document Provided By TaxFormFinder.org **
Source: http://www.taxformfinder.org/ohio/form-pte-vda