Section 5747.75 - Credit for dependents who attend nonchartered nonpublic schoolA nonrefundable credit is allowed against a taxpayer's aggregate liability under section 5747.02 of the Revised Code for taxpayers with one or more dependents who attend a nonchartered nonpublic school. The amount of the credit shall equal the lesser of the total tuition paid by the taxpayer and, if filing a joint return, the taxpayer's spouse during the taxable year for all of the taxpayer's dependents to attend such a school or the following amount, as applicable:
(A) If the taxpayer's or, if filing a joint return, the taxpayer's and the taxpayer's spouses' total federal adjusted gross income is less than fifty thousand dollars for the taxable year, one thousand dollars;(B) If the taxpayer's or, if filing a joint return, the taxpayer's and the taxpayer's spouses' total federal adjusted gross income equals or exceeds fifty thousand dollars , one thousand five hundred dollars. The credit shall be claimed in the order prescribed by section 5747.98 of the Revised Code.
Amended by 135th General Assembly File No. TBD, HB 33,§101.01, eff. 10/3/2023, app. to taxable years ending on or after the effective date of this section.Added by 134th General Assembly File No. TBD, HB 110,§101.01, eff. 9/30/2021, op. applicable to taxable years beginning on or after January 1, 2021.Repealed by 133rd General Assembly File No. TBD, HB 197,§3, eff. 3/27/2020.Amended by 131st General Assembly File No. TBD, SB 208,§1, eff. 2/15/2015.Effective Date: 03-21-2002 .