Ohio HB14 incorporates Internal Revenue Code changes into Ohio law for specific tax years.

Ohio HB14 modifies the Revised Code to align certain sections with the Internal Revenue Code as of March 15, 2023. This change allows taxpayers to incorporate federal tax provisions into their Ohio tax returns for the 2024 tax year, simplifying compliance. The bill repeals section 5701.11 of the Revised Code and declares itself an emergency measure to avoid discrepancies in tax laws.

Ohio HB14 incorporates Internal Revenue Code changes into Ohio law for specific tax years.

Ohio HB14 modifies the Revised Code to align certain sections with the Internal Revenue Code as of March 15, 2023. This change allows taxpayers to incorporate federal tax provisions into their Ohio tax returns for the 2024 tax year, simplifying compliance. The bill repeals section 5701.11 of the Revised Code and declares itself an emergency measure to avoid discrepancies in tax laws.