Ohio § 5703.055
Full text of Ohio Ohio Revised Code § 5703.055, with citation guidance and answers to common questions.
§ 5703.055.
A person may, and if required by the tax commissioner shall, round to the nearest
whole dollar all amounts the person is required to enter on any return, report, voucher,
or other document. Any fractional part of a dollar that equals or exceeds fifty cents shall be rounded
to the next whole dollar, and any fractional part of a dollar that is less than fifty
cents shall be dropped. If a person chooses or is required to round amounts entered on the document, the
person shall round all amounts entered.
Frequently Asked Questions About Ohio § 5703.055
What does Ohio Revised Code § 5703.055 cover?
Section 5703.055 is part of the Ohio Revised Code, the codified statutory law of Ohio. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Ohio § 5703.055?
A common citation format is "Ohio Revised Code § 5703.055" (Ohio). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Ohio law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Ohio official source linked on this page or consult a licensed Ohio attorney.
How does Ohio § 5703.055 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Ohio can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Ohio.