1. What is Ohio State Income Tax?

Ohio has a progressive state income tax system with rates ranging from 0% to 3.99%. The tax is calculated based on income brackets, where higher levels of income are taxed at progressively higher rates.

2. How Does the Calculator Work?

The calculator uses Ohio's progressive tax formula:

Ohio Tax Brackets (2024):

• 0% on first $25,000 of taxable income
• 2.8% on income between $25,001 and $44,250
• 3.2% on income between $44,251 and $88,450
• 3.6% on income between $88,451 and $110,650
• 3.9% on income between $110,651 and $221,300
• 3.99% on income over $221,300

Explanation: The progressive system means different portions of your income are taxed at different rates, not your entire income at the highest rate.

3. Ohio Progressive Tax Structure

Details: Ohio's graduated rate structure ensures that lower-income taxpayers pay a smaller percentage of their income in state taxes, while higher-income taxpayers contribute a larger percentage.

4. Using the Calculator

Tips: Enter your annual taxable income in dollars. The calculator will automatically apply the appropriate tax rates to each portion of your income according to Ohio's progressive brackets.

5. Frequently Asked Questions (FAQ)

Q1: What income is taxable in Ohio?
A: Most types of income including wages, salaries, tips, business income, and investment income are subject to Ohio state income tax.

Q2: Are there deductions or exemptions available?
A: Yes, Ohio offers various deductions including personal exemptions, retirement income deductions, and business income deductions for pass-through entities.

Q3: How does Ohio's tax rate compare to other states?
A: Ohio's top rate of 3.99% is relatively moderate compared to other states, which range from 0% to over 13% for top marginal rates.

Q4: When are Ohio state taxes due?
A: Ohio state income tax returns are due April 15th, the same as federal tax returns.

Q5: Can I file my Ohio taxes electronically?
A: Yes, Ohio offers free electronic filing through the Ohio Department of Taxation website for eligible taxpayers.