Questions tagged [ohio]
Use this tag for questions related to rules and experiences specific to the State of Ohio in the United States.
26
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3
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Company Received Unemployment Claim - I Still Work There
Company received unemployment claim in my name (with slight mispelling of my first name)
I still work for the company.
I have no filed anything. The paperwork has my SSN.
What are my next steps and ...
- 33
8
votes
2
answers
3k
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Is paying off mortgage public information?
I noticed that after I bought a house, I started getting junk mail with my specific mortgage amount on it pretty quickly, presumably sourced from public information. Will it also be public ...
- 299
2
votes
2
answers
85
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How to pay tax on IRA to Roth rollover
I recently changed employers, and merged my old retirement account with a Roth account I have with an independent company. A little less than half the contributions were pre-tax, and I understand I ...
- 151
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3
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231
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Can I give away part of my land in hopes of getting lower property tax?
I found a house that I really like. It's relatively cheap with 3,4 acres of land. The reason why is cheaper is probably because it has high property tax. I was wondering if it's possible to give away ...
- 1,179
0
votes
1
answer
173
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Can seller backout of their counter offer after buyer accepts
Situation my son is in.
He made an offer, then the seller countered.
He countered again, they countered back.
He accepted their counter.
Now they don't want to do it, and may have sold the house to ...
1
vote
1
answer
189
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How can I insure a driver who doesn’t live with me but is borrowing my car long term?
My cousin is borrowing one of my cars to get to school and work. He’s 17. He lives less than an hour from me, but in another state. He is insured as a driver on his family’s policy, and the car is ...
- 131
13
votes
1
answer
1k
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Is there a reason to exercise a stock option as soon as it vests?
Background: I am currently employed by a start-up that, so far, is doing really well. As part of my contract, I have stock options that will come available on a typical vesting schedule. A quarter of ...
- 298
0
votes
1
answer
109
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Do I need to file taxes in the city I work?
I live and work in Ohio. However, I moved in 2016 to a village without city income tax. However, I work in a city with income taxes. I started with this organization in 2017.
My employer has been ...
- 295
2
votes
1
answer
2k
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Foreign grandparents and 529 college saving
I'm an ex-pat living in Ohio with a child that we have set up a 529 college savings account for. My parents from the UK want to contribute to my daughter's future and I'm not sure what the most ...
- 121
3
votes
1
answer
168
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Handling federal and state tax witholdings as a household employee
A friend has recently started a job as a nanny in Ohio and received their first paycheck. The employer family also provided a spreadsheet that records the gross pay, various withholdings, and net pay. ...
- 133
1
vote
2
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565
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New vending route business, not sure how to determine taxes
I have started a new LLC business in Ohio for which I have acquired multiple amusement vending machines (these are prize redemption machines e.g. claw machines) with the plan to lease space and start ...
user60952
2
votes
1
answer
5k
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Why don't my state and local wages match on my W-2?
I moved midyear from one state to another. I need to pay local income tax in my new city/state, something I did not need to do before. My W-2 shows my state income broken up between the two states ...
- 299
1
vote
0
answers
90
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What affects tax due for the Ohio vehicle tax penalty?
I bought a motorcycle for $3,000 and stupidly put $0 on title. I got a letter asking the sale price and paid $210 in taxes in response to the letter. Now I just got another letter that says I owe ...
- 219
1
vote
1
answer
54
views
What is the best option I have to close out a State Tax Lien record?
I am an Indian national and was working in the USA for few years in the past. I returned back to India in 2013. I paid both federal and state taxes up till 2013.
Now, I see a 'State Tax Lien' ...
- 113
1
vote
1
answer
104
views
Car under the dealer's warranty
I just bought a car from a dealer and according to the law, they have provided a 3-month warranty to pay half a price for the repairs in case the car breaks.
The car broke down and I need to have it ...
- 1,179
0
votes
0
answers
563
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Vehicle Title Requirements for selling a junk car
I'm planning to sell my old car to a company that will scrap it. I'd like to know what do I need to do with the title?
They are planning to come and pick the car up and tow it to the junk yard.
I ...
- 1,179
1
vote
0
answers
254
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w-2 form shows two different localities and values for wages and local income tax withheld
I live in Akron but work at Lakemore, Ohio. I do understand taxes not being withheld for Akron. But on box 18 it shows that I made an extra 700.00 when that wasn't the case.
So to recap: Box 18-20 - ...
- 11
5
votes
4
answers
2k
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Will the ex-homeowner still owe money after a foreclosure?
I'd like to know whether a person owes any money to a bank if his house was foreclosed. From what I found, it says yes and the borrower owes the difference that the bank sold the property for. If ...
- 1,179
1
vote
1
answer
286
views
Use a 529 plan to escape taxes of investment property sale
So I have been attempting to devise a way to go back to school in a cost effective manner. I enjoy what I do but I really want to continue learning. Unfortunately, like many on here I am cheap money ...
- 2,964
5
votes
2
answers
6k
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Car lease payment went up after moving to new state
Recently, I moved to Kentucky from Ohio and my monthly auto lease payment with Chase Bank went up by about 8%. How is this possible if the tax difference between each state is only 0.5%?
According to ...
- 153
5
votes
1
answer
98
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Residency for Out of State Student Getting Married
I am a graduate student in Michigan but still consider my permanent residence to be in Ohio, as I plan to return there after graduation. I am able to just file income taxes with Ohio, as the two ...
4
votes
1
answer
219
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I am the sole contributor to my long-term disability insurance. Will I owe income taxes on the amount I receive?
If I pay my own long term insurance, out of my check each week at my work, I read that I do not have to pay taxes on that income, that I would only owe taxes if my work paid for all or part of it is ...
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2
votes
2
answers
385
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Can my local municipality charge taxes on rental income I make out of state?
EDIT
Sorry for the unclear question - been staring at tax forms all night.
I meant to say that I live in a municipality in Ohio that charges local income taxes. It looks like my local municipality ...
- 633
8
votes
3
answers
400
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What is the best approach to save money for College for three kids?
I have three kids ages 4, 3 and 0 and I am concerned about the cost of college education for my daughters. A lot of the "public" schools (not community colleges) cost between $20,000 to $24,000 a year ...
- 223
1
vote
1
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340
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Does anyone know if P2P lending will be made available in Ohio?
I have been trying to find information as to if there are any efforts in process to make P2P lending services like LendingClub.com and Prosper.com available for use in Ohio, and haven't had much luck. ...
user2872
5
votes
1
answer
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What P2P lending services are available to Ohio residents to use, as a lender?
I live in Ohio, and Lending Club and Prosper are unavailable for me to utilise as a lender. Are other P2P services available for Ohio residents? Are there alternative but similar lending strategies ...
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