Ohio employs a graduated income tax system with rates ranging from 2.765% to 3.99%, which can significantly impact your net income based on your earnings level. While relatively straightforward compared to some other states, Ohio's tax code includes various deductions and exemptions that affect your paycheck.
Ohio Income Tax Highlights
- 2.765% on taxable income between $26,050 and $46,100
- 3.226% on taxable income between $46,101 and $92,150
- 3.688% on taxable income between $92,151 and $115,300
- 3.990% on taxable income over $115,300
These rates apply to residents on all sources of income and to non-residents on Ohio-sourced income. The state allows for certain deductions and credits that can affect your taxable income.
Ohio Calculators & Tools
Calculate Your Take-Home Pay
Input your income details and see how much you make after taxes and deductions.
Bonus Calculators
Find out how much your bonus will be taxed.
Net-to-Gross
Find out how much your gross pay should be for a specific take-home pay.
Withholding Forms
Specialty Calculators
Dual Scenario Hourly
Compare your take home pay in different hourly scenarios.
Dual Scenario Salary
Compare your take home pay in different salary scenarios.
401k Calculator
See how increasing your 401k contributions will affect your paycheck and your retirement savings.
Tax Tip Calculator
Determine your take home from tips after taxes
Key Points to remember about the Ohio Paycheck Structure
- Progressive tax system with four brackets
- No tax on income up to $26,050 (2024 figure)
- Standard deduction of $2,400 for single filers and $4,800 for married couples filing jointly
- Personal exemption of $2,400 per person (2023 figure)
- Some municipalities may impose additional income taxes
- Ohio does not tax Social Security benefits
Understanding these aspects of Ohio's tax landscape is crucial for accurately estimating your net income and managing your finances effectively in the Buckeye State. While Ohio's tax system is more straightforward than some states, it's important to consider the various deductions and credits available to optimize your tax situation.
Learn more about the Payroll Process in Ohio
Visit the Ohio Payroll Guide page
Fun Facts
Ohio is an important political battleground state and has a strong industrial heritage. Cleveland is home to the Rock and Roll Hall of Fame. Ohio is also famous for its college and professional sports teams.