2010 TaxGrams™
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State and Local Taxes
Ohio State Tax Summary

Ohio state tax summary, 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).

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    taxmOuth Ohio Taxes

Ohio Tax Contacts

Ohio Tax FAQs

Ohio Tax Forms

Ohio Corporate Taxes

  • taxmOuth Ohio Corporate Taxes
  • Ohio Tax 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.)

Ohio Tax Incentives and Credits

  • taxmOuth Ohio Tax Credits
  • Job Credits?: Y
  • R&D Credits?: Y
  • Investment Credits?: Y

Ohio Individual Income Taxes

  • taxmOuth Ohio Individual Income Taxes
  • Ohio tax rates and 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

Ohio Estate, Gift and Inheritance Taxes

Ohio Miscellaneous Taxes

  • taxmOuth Ohio Miscellaneous Taxes
  • Gas Tax: 38.0 cents/gallon
  • Diesel Tax: 28.0 cents/gallon
  • Cigarette Tax: 125.0 cents/20 pack

Ohio Pass-through Tax Treatment

Ohio Payroll Taxes

Ohio Property Taxes

  • taxmOuth Ohio 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)

Ohio Sales and Use Taxes

  • taxmOuth Ohio 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
  • Gasoline: Exempt
  • Groceries: Exempt

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