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Rev. 11/14
IT 1140
2014 Pass-Through Entity
14170202 and Trust Withholding
FEIN
Tax Return
SCHEDULE A – RECONCILIATION TAX AND PAYMENTS...cont.
00
5. If the sum of line 4, columns (I) and (II) is an overpayment, enter that sum here ....OVERPAYMENT5. , , .
00
6. Amount of line 5 to be CREDITED to year 2015 ................................................. CREDIT TO 20156. , , .
00
7. Amount of line 5 to be REFUNDED (line 5 minus line 6) ...................................... YOUR REFUND7. , , .
00
8. If the sum of line 4, columns (I) and (II) is a balance due or zero, enter here the amount due ............ 8. , , .
00
9. Interest and penalty due on late-paid tax and/or late-filed return, if any .................................................. 9. , , .
10. Total amount due (sum of lines 8 and 9). Make check payable to Ohio Treasurer of State, include 00
Ohio form IT 1140P and place FEIN on check ...........................................TOTAL AMOUNT DUE10. , , .
If your refund is $1.00 or less, no refund will be issued. If you owe $1.00 or less, no payment is necessary.
SIGN HERE (required)
I declare under penalties of perjury that this report, including any accompanying schedules and
statements, has been examined by me and to the best of my knowledge and belief is a true, cor- For Department Use Only
rect and complete return and report.
Pass-through entity offi cer or agent (please print)
Title of offi cer or agent (please print) Phone number , ,
Signature of pass-through entity offi cer or agent Date
Preparer’s name (please print) Phone number
Code
Do you authorize your preparer to contact us regarding this return? Yes No
SCHEDULE B – QUALIFYING PASS-THROUGH ENTITIES – TAX DUE
Use this schedule to calculate the adjusted qualifying amounts and tax due for all qualifying investors in qualifying pass-through entities. Attach federal
K-1s and a listing of pass-through credits of participating investors. See “Special Notes” in the instructions, which are available on our Web site at tax.
ohio.gov. If the amount below is negative, shade the negative sign (“–”) in the box provided.
(A) (B)
Qualifying Investors Who Are Qualifying Investors Other
Nonresident Individuals Than Nonresident Individuals
1. Sum of all qualifying investors’ distributive 00 00
shares of income, gain, expenses and losses... ...1. , , . , , .
2a. Add 2/3, 5/6 or 6/6 (check ap-
plicable box) of the qualifying investors’
distributive shares of Internal Revenue
Code (I.R.C.) sections 168(k) and 179
depreciation expense and miscellaneous
federal income tax adjustments, if any. At-
tach a separate schedule showing calcula- 00 00
tions .................................................................... 2a. , , . , , .
2b. Subtract qualifying investors’ distributive
shares of other statutory adjustments and
miscellaneous federal income tax adjust- 00 00
ments, if any ........................................................ 2b. , , . , , .
3. Qualifying investors’ distributive shares of
adjusted qualifying amount: Sum of lines 1 00 00
and 2a minus line 2b...................................... ...3. , , . , , .
4. Add all qualifying investors’ distributive
shares of expenses and losses incurred in
connection with all direct and indirect trans-
actions between the qualifying pass-through
entity and its related members, including
certain investors’ family members (see Note
2 on page 7). However, do not add expenses
or losses incurred in connection with sales
of inventory to the extent that the cost of
the inventory and the loss incurred were
calculated in accordance with I.R.C. sections 00 00
263A and 482 (see Note 3 on page 7) ........... ...4. , , . , , .
pg. 2 of 6
2014 IT 1140 2014 IT 1140
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