Form FT OTAS "Ohio Taxpayer's Affiliation Schedule" - Ohio

Form FT OTAS is a Ohio Department of Taxation form also known as the "Ohio Taxpayer's Affiliation Schedule". The latest edition of the form was released in October 1, 2006 and is available for digital filing.

Download an up-to-date fillable Form FT OTAS in PDF-format down below or look it up on the Ohio Department of Taxation Forms website.

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Download Form FT OTAS "Ohio Taxpayer's Affiliation Schedule" - Ohio

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Tax Year
FT OTAS
Rev. 10/06
Ohio Taxpayer’s Affi liation Schedule
Page 1
Special Notes
1. Ohio Revised Code section (R.C.) 5733.06(F) requires that
3. For each corporation listed in column (b) that is a member of
all related Ohio taxpayer corporations meeting the ownership
a combined franchise tax report (Ohio form FT 1120C), enter
or control requirements for an Ohio combined report (set out
in column (e) the number shown in column (a) of this schedule
in R.C. 5733.052(A)) share the first $50,000 taxable income
corresponding to the corporation’s lead corporation (the corpo-
bracket to which the lower 5.1% tax rates applies. Related Ohio
ration’s lead corporation appears in column 2 of the combined
taxpayer corporations must share the first $50,000 bracket re-
report that includes the corporation). Attach this affiliation
gardless of whether the Ohio taxpayers actually file as members
schedule, along with a copy of the taxpayer group’s IRS form
of an Ohio combined franchise tax report. The purpose of this
851, only to the Ohio form FT 1120 of the lead corporation.
affiliation schedule is to identify all related Ohio taxpayers and to
4. For each corporation listed in column (b) that is not a member
prorate in column (g) the first $50,000 of Ohio taxable income.
of an Ohio combined franchise tax report, do not make an
A taxpayer’s pro rata amount may not be less than zero.
entry into column (e); however, attach this affi liation schedule,
2. In columns (b), (c) and (d), list the name, federal employer
along with a copy of the taxpayer group’s IRS form 851, to each
I.D. number (FEIN) and Ohio franchise tax I.D. number of all
taxpayer’s Ohio form FT 1120.
related Ohio taxpayer corporations as of Jan. 1 of the report
5. In column (f), identify all qualifying holding companies by placing
year, regardless of whether the related Ohio taxpayers fi le an
a checkmark in the box.
Ohio combined franchise tax report.
(b)
(d)
(a)
(c)
(e)
(f)
(g)
If a member of an
Ohio combined group,
Check
indicate here the corp.
box if a
Proration of first
no. from column (a) of
qualifying
$50,000 of Ohio
Corporation
Federal employer
Ohio franchise tax
the Ohio parent or lead
holding
taxable income
number
Corporation name
I.D. number
I.D. number
corporation
company
(not less than -0-)
1.
2.
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5.
6.
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Reset Form
Tax Year
FT OTAS
Rev. 10/06
Ohio Taxpayer’s Affi liation Schedule
Page 1
Special Notes
1. Ohio Revised Code section (R.C.) 5733.06(F) requires that
3. For each corporation listed in column (b) that is a member of
all related Ohio taxpayer corporations meeting the ownership
a combined franchise tax report (Ohio form FT 1120C), enter
or control requirements for an Ohio combined report (set out
in column (e) the number shown in column (a) of this schedule
in R.C. 5733.052(A)) share the first $50,000 taxable income
corresponding to the corporation’s lead corporation (the corpo-
bracket to which the lower 5.1% tax rates applies. Related Ohio
ration’s lead corporation appears in column 2 of the combined
taxpayer corporations must share the first $50,000 bracket re-
report that includes the corporation). Attach this affiliation
gardless of whether the Ohio taxpayers actually file as members
schedule, along with a copy of the taxpayer group’s IRS form
of an Ohio combined franchise tax report. The purpose of this
851, only to the Ohio form FT 1120 of the lead corporation.
affiliation schedule is to identify all related Ohio taxpayers and to
4. For each corporation listed in column (b) that is not a member
prorate in column (g) the first $50,000 of Ohio taxable income.
of an Ohio combined franchise tax report, do not make an
A taxpayer’s pro rata amount may not be less than zero.
entry into column (e); however, attach this affi liation schedule,
2. In columns (b), (c) and (d), list the name, federal employer
along with a copy of the taxpayer group’s IRS form 851, to each
I.D. number (FEIN) and Ohio franchise tax I.D. number of all
taxpayer’s Ohio form FT 1120.
related Ohio taxpayer corporations as of Jan. 1 of the report
5. In column (f), identify all qualifying holding companies by placing
year, regardless of whether the related Ohio taxpayers fi le an
a checkmark in the box.
Ohio combined franchise tax report.
(b)
(d)
(a)
(c)
(e)
(f)
(g)
If a member of an
Ohio combined group,
Check
indicate here the corp.
box if a
Proration of first
no. from column (a) of
qualifying
$50,000 of Ohio
Corporation
Federal employer
Ohio franchise tax
the Ohio parent or lead
holding
taxable income
number
Corporation name
I.D. number
I.D. number
corporation
company
(not less than -0-)
1.
2.
3.
4.
5.
6.
7.
8.
9.
10.
11.
12.
13.
14.
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Tax Year
FT OTAS
Rev. 10/06
Page 2
(a)
(b)
(c)
(d)
(e)
(f)
(g)
If a member of an
Ohio combined group,
Check
indicate here the corp.
box if a
Proration of first
no. from column (a) of
qualifying
$50,000 of Ohio
Ohio franchise tax
Corporation
Federal employer
the Ohio parent or lead
holding
taxable income
number
Corporation name
I.D. number
I.D. number
corporation
company
(not less than -0-)
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Note: Attach additional sheets if necessary.
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