Ohio 2025 Income Tax:
Progressive Tax Brackets:
| From: | To: |
Ohio uses a progressive income tax system with three brackets for 2025. The tax rates increase as income rises, ensuring a fair distribution of the tax burden based on ability to pay.
The calculator uses Ohio's 2025 progressive tax brackets:
Tax Brackets:
Calculation Method:
Example: For $120,000 income:
- First $26,050: $0 tax
- Next $73,950 ($100,000 - $26,050): $73,950 × 2.75% = $2,033.63
- Remaining $20,000: $20,000 × 3.125% = $625.00
- Total Tax: $2,658.63
Details: Accurate tax calculation helps with financial planning, budgeting, and ensuring compliance with Ohio state tax laws. Understanding your tax liability allows for better financial decision-making throughout the year.
Tips: Enter your total annual income in dollars. The calculator will automatically compute your Ohio state income tax based on the 2025 progressive tax brackets. Ensure you enter only numerical values without commas or currency symbols.
Q1: What is a progressive tax system?
A: A progressive tax system imposes a higher tax rate on higher income levels. This means as your income increases, the percentage of tax you pay on additional income also increases.
Q2: Are there deductions or credits available?
A: Ohio offers various tax deductions and credits that may reduce your taxable income. These include retirement income deductions, education credits, and more. Consult a tax professional for specific advice.
Q3: Is this calculator for federal or state tax?
A: This calculator specifically estimates Ohio state income tax for 2025. Federal income taxes are calculated separately using different brackets and rules.
Q4: What if I have income from multiple sources?
A: Include all taxable income from all sources when using this calculator. The progressive brackets apply to your total taxable income regardless of source.
Q5: How often do Ohio tax brackets change?
A: Tax brackets may change annually due to legislation or inflation adjustments. Always verify current year brackets with the Ohio Department of Taxation for official calculations.