OH HB623

Authorizes taxpayers to deduct out-of-pocket dental expenses for taxable years beginning January 1, 2020 through December 31, 2021, including copayments and deductibles for diagnostic, preventive, restorative, emergency, palliative, or cosmetic dental services.

Deduction applies to expenses for the taxpayer, their spouse, and dependents provided by licensed dentists or dental hygienists, but must not be otherwise deducted or excluded from federal or Ohio adjusted gross income.

Defines "dental services" to include treatment of teeth and associated oral cavity structures, with "dependent" including qualifying relatives who fail to meet federal income and support limitations.

Stated purpose is to incentivize individuals to seek dental services and help dental offices recover financially after COVID-19 pandemic closures.

Amends section 5747.01 of the Revised Code and repeals existing version, effective for the two-year tax period specified.