Do spend a portion of your time outside of the state? Perhaps you spend the winter in a warmer climate? What does that mean for your income taxes?

The Ohio Society of CPAs shared important information today regarding residency requirement changes. They shared:

In the flurry of late legislative activity, a change was added to Ohio Revised Code Sec.5747.24 in Substitute House Bill 494 that increased the number of “contact periods”allowed before a person is considered an Ohio resident for state income tax purposes. 

Previously, individuals were allowed 182 contact periods, defined as being away overnight from their abode outside the state and while away are in Ohio for part of two consecutive days. Now, individuals are allowed 212 contact periods.

That means someone whose residence is outside Ohio could remain in the state up to about seven months without being considered an Ohio resident for income tax purposes.