Ohio Historic Preservation Tax Credit Summary
- Applicable against the Financial Institutions Tax, insurance tax, individual income tax, or Commercial Activities Tax (if certain requirements met)
- The entire credit must be claimed for the calendar year specified in the tax credit certificate
- May be carried forward 5 years or excess credits may be refunded to the taxpayer
- Recapture if the rehabilitation is not completed in conformity with the tax credit application
- Not transferable