Skip to Content


Home > Taxes > State and Local Taxes > Ohio State Tax Help and Forms

Ohio State Tax Help and Forms (Subscribe)

    SocialTwist Tell-a-Friend    

Ohio tax help, forms and answers to thousands of Ohio tax questions. Handy summary of all Ohio taxes, including corporate and individual Ohio income taxes, credits, exemptions, deductions and more. Includes Ohio estate, gift and inheritance tax, miscellaneous Ohio taxes, pass-through entity treatment, payroll taxes, property taxes and Ohio sales & use taxes.

Ohio ranks #47 on the State Business Tax Climate Index (TaxFoundation.org).

Ohio State Tax Summary (TaxGrams ™)
Corporate Taxes
   Rates & Brackets:
      2.04%> $0
      3.4%> $50,000
   Loss Carry-back/fwd: 0 Years Back / 20 Years Forward (Unlimited)
   Throwback Sales?: N
   Foreign Tax Deductible?: Y
   Alternative Minimum Tax (AMT): N
   Gross Receipts Tax: 0.208%
   Capital Stock (Net Worth) Tax?: 0.160% ($60,000 max.)

Credits and Incentives
   Job Credits?: Y
   R&D Credits?: Y
   Investment Credits?: Y

Individual Taxes
   Rates & Brackets:
      0.587%> $0
      1.174%> $5,000
      2.348%> $10,000
      2.935%> $15,000
      3.521%> $20,000
      4.109%> $40,000
      4.695%> $80,000
      5.451%> $100,000
      5.925%> $200,000
   Local Option IT Rate: 1.82%
   Federal Inc used as Base?: Y
   Standard Deductions: Single N/A / Joint N/A
   Personal Exemptions/Credits(c): Single $1,450+$20(c) / Joint $2,900+$40(c) / Dependent $1,450+$20(c)
   Federal Tax Deductible?: N
   State Tax Deductible?: Y
   Alternative Minimum Tax (AMT)?: N

Inheritance, Gift, Estate, Death Taxes
   Gift Tax?: N
   Estate Tax?: Decoupled
   Inheritance Tax?: N
   Generation-Skipping Tax?: N

Miscellaneous Taxes
   Gas Tax: 28.0 cents/gallon
   Diesel Tax: 28.0 cents/gallon
   Cigarette Tax: 125.0 cents/20 pack

Pass-through Entities
   LLC Pass-through Recognized?: Partial
   S-Corp Pass-through Recognized?: Y

Payroll Taxes
   Unemployment Insurance Tax Index (TaxFoundation.org): #10

Property Taxes
   Median Tax Paid on Homes (Rank): $1,807 (#23)
   Median Value of Homes: $140,200
   Tax as % of Home Value (Rank): 1.29% (#12)
   Median Income of Homeowner: $60,493
   Tax as % of Income (Rank): 2.99% (#20)

Sales and Use Taxes
   State Rate: 5.50%
   County & City (Weighted Ave): 1.33%
   Combined State and Ave. Local Rates (Rank): 6.83% (#25)
   General Treatment of Services: Many Taxable
   Gas Exemption: Exempt
   Grocery Exemption: Exempt

 
 

Categories

Related Categories

Links

Ohio Business Tax Guide 2008

This guide provides answers to many of the tax questions frequently asked by individuals who operate a business or who want to start a business in Ohio. It is particularly designed to assist small, start-up businesses.

http://tax.ohio.gov/divisions/communications/publications/documents/Ohio_Business_Tax_Guide_2008.pdf

Review It Rate It Bookmark It Report Broken Link

Ohio Judicial Info

"Judges for Better Administration of Justice" provides news and publications relating to judicial matters in Ohio.

http://www.state.oh.us/ojc/

Review It Rate It Bookmark It Report Broken Link

Ohio State Home Page

Good info on doing business with Ohio. Also, links to all branches of government.

http://ohio.gov/

Review It Rate It Bookmark It Report Broken Link

Ohio Statutes

Tax Commissioner Opinions, Ohio Administrative Code (Rules), Proposed Rules and Final Rules, Ohio Revised Code, and Legislation.

http://www.tax.ohio.gov/divisions/legal/laws_and_rules.stm

Review It Rate It Bookmark It Report Broken Link

Ohio: Voluntary Disclosure

The Ohio Department of Taxation Voluntary Disclosure Programs are designed for taxpayers who believe they have individual or business tax liabilities and wish to resolve them.

http://www.tax.ohio.gov/channels/other/voluntary_disclosure.stm

Review It Rate It Bookmark It Report Broken Link