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Ohio City/Local Tax (S Corp and 1040)?
How does it work. An S Corp in Cleveland needs to file the CCA Net Profit Return and get taxed. When the income pass-through to the individual does the taxpayer need to pay tax via their CCA return too? Double tax? Or is the CCA return at the individual level only for other type of income such as W2s?
1 Answer
- troLv 79 years agoFavorite Answer
I don't recall paying city taxes is a flow thru item, the S corp will pay it as an expense of operation