Form FT REF "Application for Corporation Franchise Tax Refund" - Ohio

What Is Form FT REF?

This is a legal form that was released by the Ohio Department of Taxation - a government authority operating within Ohio. As of today, no separate filing guidelines for the form are provided by the issuing department.

Form Details:

  • Released on July 1, 2010;
  • The latest edition provided by the Ohio Department of Taxation;
  • Easy to use and ready to print;
  • Quick to customize;
  • Compatible with most PDF-viewing applications;
  • Fill out the form in our online filing application.

Download a fillable version of Form FT REF by clicking the link below or browse more documents and templates provided by the Ohio Department of Taxation.

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Download Form FT REF "Application for Corporation Franchise Tax Refund" - Ohio

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hio
FT REF
Department of
Reset Form
Rev 7/10
Taxation
Application for Corporation Franchise Tax Refund
File this application with:

Type or print in ink.
Ohio Department of Taxation
Business Tax Division
Retain a copy for your records.
Corporation Franchise Tax Unit
See important information and law on
P.O. Box 2476
back.
Columbus, OH 43216-2476
For franchise tax report year(s)
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 fi ling 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 fi le this refund
application.
Name
Title
E-mail
Signature
Date
Phone no.
Contact person (if different from the person above responsible for fi ling 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 -
hio
FT REF
Department of
Reset Form
Rev 7/10
Taxation
Application for Corporation Franchise Tax Refund
File this application with:

Type or print in ink.
Ohio Department of Taxation
Business Tax Division
Retain a copy for your records.
Corporation Franchise Tax Unit
See important information and law on
P.O. Box 2476
back.
Columbus, OH 43216-2476
For franchise tax report year(s)
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 fi ling 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 fi le this refund
application.
Name
Title
E-mail
Signature
Date
Phone no.
Contact person (if different from the person above responsible for fi ling 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 -
FT REF
Information and Pertinent Law Sections
Rev 7/10
To the extent that a refund is granted on this application, either
such amount to the director of budget and management
in whole or in part, the Department of Taxation will calculate
and treasurer of state for payment from the tax refund fund
and include the appropriate amount of interest in the refund
created by R.C. section 5703.052.
payment made to the applicant. The applicant should not
(C) "Ninety days" shall be substituted for "three years" in
include such interest in the "Total amount of refund claimed"
division (B) of this section if the taxpayer satisfi es both of
fi gure on line 5. Ohio Revised Code (R.C.) section 5733.26(B)
the following:
provides for the payment of interest as follows:
(1) The taxpayer has applied for a refund based in whole
Interest shall be allowed and paid at the rate per annum
or in part upon R.C. section 5733.0611;
prescribed by R.C. section 5703.47 upon amounts re-
funded with respect to the tax imposed by R.C. section
(2) The taxpayer asserts that the imposition or collection
5733.06. The interest shall run from whichever of the fol-
of the tax imposed or charged by R.C. section 5733.06
lowing dates is the latest until the date the refund is paid:
or any portion of such tax violates the Constitution of
the date of the illegal, erroneous or excessive payment;
the United States or the constitution of this state.
the ninetieth day after the fi nal date the annual report un-
der R.C. section 5733.02 was required to be fi led; or the
(D)(1) Division (D)(2) of this section applies only if all of the
ninetieth day after the date that report was fi led.
following conditions are satisfi ed:
If the overpayment results from the carryback of a net
(a) A qualifying pass-through entity pays an amount of
capital loss to a previous taxable year, the overpayment
the tax imposed by R.C. section 5733.41;
is deemed not to have been made prior to the fi ling date,
(b) The taxpayer is a qualifying investor as to that qualify-
including any extension thereof, for the taxable year in
ing pass-through entity;
which the net capital loss arises.
(c) The taxpayer did not claim the credit provided for in
Corporation franchise tax refunds are governed by R.C. sec-
R.C. section 5733.0611 as to the tax described in
tion 5733.12, which provides in pertinent part as follows:
division (D)(1)(a) of this section;
(B) Except as otherwise provided under divisions (C) and
(d) The three-year period described in division (B) of this
(D) of this section, an application to refund to the corpo-
section has ended as to the taxable year for which the
ration the amount of taxes imposed under R.C. section
taxpayer otherwise would have claimed that credit.
5733.06 that are overpaid, paid illegally or erroneously, or
paid on any illegal, erroneous, or excessive assessment,
(2) A taxpayer shall fi le an application for refund pursuant
with interest thereon as provided by R.C. section 5733.26,
to this division within one year after the date the payment
shall be fi led with the tax commissioner, on the form pre-
described in division (D)(1)(a) of this section is made. An
scribed by the commissioner, within three years from the
application fi led under this division shall only claim refund
date of the illegal, erroneous, or excessive payment of the
of overpayments resulting from the taxpayer's failure to
tax, or within any additional period allowed by division (C)
claim the credit described in division (D)(1)(c) of this sec-
(2) of R.C. section 5733.031, division (D)(2) of R.C. section
tion. Nothing in this division shall be construed to relieve a
5733.067, or division (A) of R.C. section 5733.11.
taxpayer from complying with the provisions of division (I)
(14) of R.C. section 5733.04.
On the fi ling of the refund application, the commissioner
shall determine the amount of refund due and certify
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