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2016 Ohio IT 1140ES
Ohio Estimated
Withholding Tax
Payment Coupon
for Pass-Through
Entities and Trusts

Payment Periods
Due the 15th day following the last day of each quarter of the taxable year.
Note: Under Ohio law, if a due date falls on a weekend or legal holiday, the due date will be on the next business day.

 Please cut on the dotted line. DO NOT USE PENCIL to complete this form.

OHIO IT 1140ES Rev. 7/15 Do NOT fold check or coupon.
Ohio Estimated Withholding Tax Payment Coupon
For Taxable Year Beginning In
for Pass-Through Entities and Trusts For Payment Period (Check Only One)
1st Qtr 2nd Qtr 3rd Qtr 4th Qtr
Federal Employer I.D. Number 2016

Name 1. Withholding Tax $ 0 0
, , .
Address 2. Entity Tax
$ , , . 0 0
3. TOTAL DUE $ ,, ,, 0 0
City, state, ZIP code .
DO NOT STAPLE OR OTHERWISE ATTACH YOUR CHECK OR
CHECK STUB TO THIS COUPON. DO NOT SEND CASH.Return this
coupon with check or money order made payable to OHIO TREASURER
OF STATEand mail to OHIO DEPARTMENT OF TAXATION, P.O. BOX
Signature of responsible party Title Date 181140, COLUMBUS, OHIO 43218-1140.

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IT 1140ES
Ohio Form IT 1140ES for Taxable Year Beginning in 2016 Rev. 7/15

Worksheet #1: Qualifying Pass-Through Entities –
Adjusted Qualifying Amounts; Estimated Withholding Tax Due
Estimated payments are due only if (i) the sum of the “adjusted qualifying
amounts” (on line 9 of Schedule B for Ohio form IT 1140) for the taxable year
beginning in 2015 exceeded $10,000 and (ii) the sum of the adjusted qualify- (A) (B)
ing amounts for the taxable year beginning in 2016 will exceed $10,000. Use Qualifying Investors Qualifying Investors
the worksheet below to calculate estimated tax due or, alternatively, base the Who Are Other Than
estimated tax on 100% of the taxpayer’s previous year’s tax (entity tax and Nonresident Nonresident
Individuals Individuals
withholding tax). Pay the estimated tax in four equal installments.
1. Sum of all qualifying investors’ distributive shares of income and gain... 1.
2a. Add the qualifying investors’ distributive shares of Internal Revenue Code
(I.R.C.) section 168(k) bonus depreciation and the qualifying I.R.C. 179
depreciation and miscellaneous federal tax adjustments, if any (see the
instructions for the 2015 Ohio form IT 1140) ........................................... 2a.
2b. Subtract qualifying investors’ distributive shares of other statutory ad-
justments and miscellaneous federal tax adjustments, if any (see the < > < >
instructions for the 2015 Ohio form IT 1140) .......................................... 2b.
3. Qualifying investors’ distributive shares of adjusted qualifying amount:
Line 1 plus line 2a minus line 2b (this amount can be less than zero) ... 3.
4. Add all qualifying investors’ distributive share of expenses and losses
incurred in connection with all direct and indirect transactions between the
qualifying pass-through entity and its related members (see note #1, below).
However, do not add expenses or losses incurred in connection with sales
of inventory to the extent that the cost of the inventory and the loss incurred
were calculated in accordance with I.R.C. sections 263A and 482 ............ 4.
5. If the qualifying pass-through entity is either a partnership or a limited
liability company treated as a partnership, add all qualifying investors’ dis-
tributive shares of guaranteed payments that the qualifying pass-through
entity made to any qualifying investor directly or indirectly owning at least
20% of the qualifying pass-through entity .............................................. 5.
6. If the qualifying pass-through entity is an S corporation, add all qualifying
investors’ distributive shares of compensation that the qualifying pass-
through entity S corporation made to any qualifying investor directly
or indirectly owning at least 20% of the qualifying pass-through entity.
Reciprocity agreements do not apply ..................................................... 6.
7. Qualifying investors’ adjusted distributive share. Add lines 3, 4, 5 and 6 .. 7.
.X . X
8. Apportionment ratio from Worksheet 2, line 4 ........................................ 8.
9. Qualifying investors’ adjusted qualifying amount: Line 7 times line 8.
Complete the remainder of this worksheet only if the sum of columns (A)
and (B) line 9 exceeds $10,000 ............................................................. 9.
.05 X .085 X
10. Tax rate (see note #2 on next page) ...................................................... 10.
11. Estimated tax: Line 9 times line 10 (see note #3 on next page) ............ 11.
12. For ﬁ rst quarter enter .225 in columns A and B; for second quarter enter .45
in columns A and B; for third quarter enter .675 in columns A and B; for the
fourth quarter enter .90 in columns A and B (see note #4 on next page) .... 12.
13. Tax due to date: Line 11 times line 12 .................................................... 13.
< > < >
14. Previous payments made ...................................................................... 14.
15. Amount currently due: Line 13 minus line 14. Place the column (A) amount
on line 1 of the payment coupon; place the column (B) amount on line 2
of the payment coupon. Please round tax to the nearest dollar .............. 15.

Note #1: Instructions for line 4, above. “Related member” is deﬁ ned in Ohio Revised Code section (R.C.) 5733.042(A)(6) but is modiﬁ ed by R.C. 5733.40(P).
For purposes of the line 4 adjustment, a related member is any business entity or person directly or indirectly related to the taxpayer if the direct and
indirect ownership interests exceed 40%.
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IT 1140ES
Rev. 7/15
Note #2: Instructions for line 10, column B. For those qualifying investors that are C corporations and are not listed below,
the estimated tax rate has been reduced to zero for the taxable year beginning in 2009 and thereafter. For those qualifying
corporate investors listed below, and for qualifying investors that are estates, trusts or pass-through entities, compute the
estimated tax at the rate of 8.5%. See R.C. 5733.41
– Financial holding companies as deﬁ ned in the federal “Bank Holding Company Act.”
– Bank holding companies as deﬁ ned in the federal “Bank Holding Company Act.”
– Savings-and-loan holding companies as deﬁ ned in the federal “Home Owners Loan Act” that are engaging only in activities
permissible under 12 United States Code (U.S.C.) 1843(k).
– Persons, other than persons held pursuant to merchant banking authority under 12 U.S.C. 1843(k)(4)(H) or 12 U.S.C.
1843(k)(4)(i), directly or indirectly “owned” by one or more ﬁ nancial institutions, ﬁ nancial holding companies, bank holding
companies, or savings-and-loan holding companies, but only if those persons are engaged in activities permissible for
a ﬁ nancial holding company under 12 U.S.C. 1843(k).
– Persons directly or indirectly “owned” by one or more insurance companies, but only if those persons are authorized to
do the business of insurance in this state.
– Persons that solely facilitate or service one or more “securitizations” or similar transactions for ﬁ nancial institutions,
ﬁ nancial holding companies, bank holding companies, savings-and-loan holding companies, insurance companies, or
persons directly or indirectly “owned” by such businesses.
Deﬁ nition of “owned” for this purpose: a person “owns” another entity if the person . . .
. . . owns at least 50% of the entity’s voting stock (corporations),
. . . owns at least 50% of the entity’s membership interests (LLCs), or
. . . has a beneﬁ cial interest in the entity’s proﬁ ts, surpluses, losses or distributions (partnerships, trusts or other
business interests).
Deﬁ nition of “securitization” for this purpose: Transferring one or more assets to one or more persons and then issuing
securities backed by the right to receive payment from the asset or assets so transferred.
Note #3: Instructions for Worksheet #1, line 11, columns A and B: If the taxpayer is paying this year’s estimated tax based
upon last year’s tax, enter on this line in columns A and B the amount of tax shown on the year 2015 Ohio form IT 1140, page
1, line 1, columns I and II, respectively. Instructions for line 11, column B: If the taxpayer is paying this year’s tax based on
this year’s income, enter the sum of the estimated tax for qualifying investors subject to the 8.5% rate.
Note #4: Instructions for Worksheet #1, line 12, and for Worksheet #3, line 6. If the taxpayer is paying this year’s estimated
tax based upon last year’s tax, then the factors for cumulative installments are .25, .50, .75 and 1.00, instead of .225, .45,
.675 and .90, respectively.
Fiscal ﬁ lers: Please use the rate in effect on the last day of the taxable year.

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IT 1140ES
Ohio Form IT 1140ES for Taxable Year Beginning in 2016 Rev. 7/15

Worksheet #2: Qualifying Pass-Through Entities – Apportionment Ratio

Use this worksheet to calculate the apportionment ratio for a qualifying pass-through entity that is not a ﬁ nancial institution
as deﬁ ned in R.C. 5725.01. If the pass-through entity is a ﬁ nancial institution, refer to the instructions for the year 2015 Ohio
form IT 1140.

(1) (2) (3) (4) (5)
Within Total Ratio (carry Weight Weighted Ratio
Ohio Everywhere to six decimal (carry to six
1. Property places) decimal places)
(a) Owned (average cost)
(b) Rented (annual rental X 8)
(c) Total (lines 1a and 1b) ÷ = . X .20 = . 1(c).
2. Payroll ÷ = . X .20 = . 2.
3. Sales ÷ = . X .60 = . 3.

4. Total weighted apportionment ratio (add column (5), lines 1(c), 2 and 3). Enter ratio here and on
Worksheet #1, line 8 (both columns). . 4.

Note: If the denominator of any factor is zero, the weight given to the other factors must be proportionately increased so that
the total weight given to the combined number of factors used is 100%.

Ohio Form IT 1140ES for Taxable Year Beginning in 2016
Worksheet #3: Trusts – Adjusted Qualifying Amount; Estimated Withholding Tax Due
Use this worksheet to calculate the adjusted qualifying amount and withholding tax due for nonresident individuals who are
beneﬁ ciaries of trusts that made distributions of either income or gain attributable to the trust’s ownership of or disposition of
either tangible personal property located in Ohio or real property located in Ohio. Estimated payments are due only if (i) the
adjusted qualifying amount (see line 3 below) for the taxable year beginning in 2015 exceeded $10,000 and (ii) the adjusted
qualifying amount for the taxable year beginning in 2016 will exceed $10,000. Use the worksheet below to calculate estimated
tax due or, alternatively, base the estimated tax on 100% of the taxpayer’s previous year’s tax (entity tax and withholding
tax). Pay the estimated tax in four equal installments.
1. Sum of all distributions to nonresident individuals of income or gain attributable to the trust’s
ownership of or disposition of either tangible personal property located in Ohio or real property
located in Ohio .......................................................................................................................... 1.

2a. Add the I.R.C. 168(k) bonus depreciation and miscellaneous federal tax adjustments attributed
to nonresident individuals who are beneﬁ ciaries of trusts (see the instructions for the 2015
Ohio form IT 1140) ................................................................................................................... 2a.
2b. Other statutory adjustments and miscellaneous federal tax adjustments attributable to nonresi-
dent individuals who are beneﬁ ciaries of trusts (see the instructions for the 2015 Ohio form IT
< >
1140) ......................................................................................................................................... 2b.
3. Adjusted qualifying amount: Line 1 plus line 2a minus line 2b. Complete the remainder of the
worksheet only if line 3 exceeds $10,000 ................................................................................. 3.
X .05
4. Tax rate ..................................................................................................................................... 4.
5. Tax (line 3 times line 4; alternatively, previous year’s tax) ........................................................ 5.
6. For the ﬁ rst quarter enter .225; for the second quarter enter .45; for the third quarter enter .675;
and for the fourth quarter enter .90 (see note #4 for worksheet #1) ......................................... 6. X

7. Tax due to date ......................................................................................................................... 7.
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8. Previous payments made ......................................................................................................... 8.
9. Amount currently due: Line 7 minus line 8. Place on line 1 of the payment coupon. Please round
tax to the nearest dollar ............................................................................................................ 9.

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