Ohio

The 2007 income tax filing season is bringing a number of "news" to taxpayers including a new deadline for filing tax; new, lower income tax rates; new, easier-to-use (but longer) income tax forms; and a new opportunity to join the millions of Ohioans who file their tax return online.

The good news for taxpayers includes a change in the deadline for filing Ohio tax returns. It has been pushed back one day to Tuesday, April 17th from the original April 16 deadline. This change was made to bring Ohio in line with a similar change of filing deadline made by the IRS. The IRS last week announced the new deadline because Washington, D.C. observes an official holiday, Emancipation Day, on April 16th.

More good news for taxpayers is the second round of 4.2-percent cuts in the income tax rates. Tax tables in the instruction book reflect this latest reduction, which is one of five reductions being phased in over five years for a total reduction of 21 percent.

Perhaps most noticeable this year, taxpayers are finding that the IT-1040 form has expanded from two to four pages, while the IT-1040 EZ form has expanded from one to two pages.

Ohio

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