Get Itnrc

The Itnrc form is essential for taxpayers claiming the nonresident credit on the Ohio IT 1040 for tax years 2016 and beyond. This guide provides a comprehensive overview of how to complete the form digitally with clear, step-by-step instructions tailored for users of all backgrounds.

Follow the steps to successfully complete the Itnrc online.

1. Press the ‘Get Form’ button to obtain the form and open it in your editor.
2. Begin with Part I, which requires reporting nonbusiness income and deductions. Fill in each line with accurate amounts based on your federal adjusted gross income. Ensure that the total for each column is correct.
3. Move to Part II, where you will report business income. Create separate entries for each entity or business in which you have ownership, listing them in order from largest to smallest income.
4. Proceed to Part III to calculate the apportionment ratio. This involves listing the property, payroll, and sales factors to obtain the overall apportionment ratio used for the nonresident credit.
5. In Part IV, summarize your business income from all entities listed in Part II, ensuring that all columns are accurately filled. Add any additional parts if necessary.
6. Finally, complete Part V by summarizing all business and nonbusiness income combined from the previous sections. Review all entries for accuracy.
7. Once the form is complete, save your changes, download a copy for your records, and print or share the form as needed.

Complete your Itnrc form online to ensure accurate tax filing and to secure your nonresident credit.