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, 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, 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Repealed by 133rd General Assembly, HB 197,§3, eff. 3/27/2020.Amended by 131st General Assembly, SB 208,§1, eff. 2/15/2015.Effective Date: 03-21-2002 .