Ohio Code § 5747.23
Ohio Code § 5747.23. Reproduced from the official Ohio Revised Code, with a citation summary, verification link, and related provisions.
§ 5747.23.
(A) With respect to a trust, one or more of the beneficiaries of which are liable for
the tax imposed by section 5747.02 of the Revised Code , the business income and deductions included in the income of such trust shall be
allocated to this state in the hands of such trust pursuant to section 5747.21 of the Revised Code . Such trust business income and deductions shall then be allocated to the beneficiaries
in proportion to their right to share in the business income of such trust to the
extent of the distribution made to the beneficiary. (B) With respect to a trust described in division (A) of this section, the nonbusiness
income and deductions included in the income of such trust shall be allocated to the
beneficiaries in proportion to their right to share in such income and deductions
of the trust, and then the share of each beneficiary shall be allocated to this state
in the hands of such beneficiary pursuant to section 5747.20 of the Revised Code .
Source: official Ohio text · Last verified 2026-08-27
At a glance
- Citation: Ohio Revised Code § 5747.23
- Jurisdiction: Ohio
- Code: Ohio Revised Code
- Text: transcribed from the official source (verify below)
Verify the text
Statute text is transcribed from the official Ohio Revised Code. Confirm it against the primary source before relying on it:
Not legal advice. Verify against the official source and consult a licensed Ohio attorney.
Common questions
What is the source of Ohio Revised Code § 5747.23?
The text above is transcribed from the Ohio Revised Code, the codified statutes of Ohio. The official publisher link appears under "Verify the text" on this page.
What subject does Ohio Revised Code § 5747.23 address?
It addresses the rule set out in the section text. Read the section together with the surrounding provisions listed under "Nearby provisions" for the full picture.
Is Ohio Revised Code § 5747.23 still in force?
Statutes are amended, repealed, and renumbered every session. Confirm the current version at the official Ohio source before relying on this text.
Can this page be used as legal advice?
No. This is a reference transcription for research. Applying Ohio law to your facts requires a licensed Ohio attorney who can review the specifics.