LLCs can file their commercial activity tax online or by mail.
Interest may be assessed on unpaid taxes. You also pay a 0.26% tax rate on all gross receipts beyond $1 millionĠ.26% x (Taxable Gross Receipts - $1 million)Ī late filing incurs a penalty of $50 or 10% of the tax due, whichever is greater.
If your taxable gross receipts exceed $4 million, you pay a $2,600 minimum tax. If your taxable gross receipts total more than $2 million but less than $4 million, you pay a $2,100 minimum tax. If your taxable gross receipts total more than $1 million but less than $2 million, you pay an $800 minimum tax. For general questions, comments or feedback concerning the Gateway please complete the form below. 5 p.m., excluding state holidays, and provides access to qualified representatives from each service partner who are authorized to assist with filing and service-related questions. If you form an LLC during the second half of the year, your first year's CAT is $75. The Help Desk is available Monday through Friday from 8 a.m. LLCs with more than $1 million in gross receipts file and pay returns on a quarterly basis. LLCs with between $150,000 and $1 million in gross receipts pay $150. The following are the Ohio LLC tax brackets and details: LLCs with less than $150,000 in gross receipts are exempt from this tax. In Ohio, LLCs with gross receipts exceeding $150,000 per year are required to pay a commercial activity tax.
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