For a taxpayer sixty-five years of age or older during the taxable year, a credit shall be permitted against the tax otherwise due under this chapter for such year equal to fifty dollars for each return required to be filed under section 5747.08 of the Revised Code for taxes levied under this chapter. The credit allowed under this section shall not exceed the tax otherwise due.

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Terms Used In Ohio Code 5748.06

  • Taxable year: means a taxable year as defined in division (M) of section 5747. See Ohio Code 5748.01
  • Taxpayer: means an individual or estate having school district income upon which a school district income tax is imposed. See Ohio Code 5748.01