Basic Info
Deductions
Insurance Premiums
Your Ohio Paycheck Results
Calculating your paycheck…
Take-Home Pay:
$0.00
Per Pay Period:
$0.00
Tax Breakdown
Federal Income Tax:
$0.00
State Income Tax (OH):
$0.00
Social Security:
$0.00
Medicare:
$0.00
Additional Medicare:
$0.00
Total Tax:
$0.00
Deduction Breakdown
401(k) Contribution:
$0.00
Traditional IRA:
$0.00
HSA Contribution:
$0.00
FSA Contribution:
$0.00
Health Insurance:
$0.00
Dental Insurance:
$0.00
Vision Insurance:
$0.00
Other Deductions:
$0.00
Total Deductions:
$0.00
Gross Annual Income:
$0.00
Effective Tax Rate:
0.00%
Ohio State Income Tax Information
Ohio employs a progressive income tax system with three tax brackets for the 2025 tax year:
- 0% on taxable income up to $26,050
- 2.75% on taxable income between $26,051 and $100,000
- 3.5% on taxable income over $100,000
These rates apply uniformly across all filing statuses. Additionally, many Ohio municipalities impose local income taxes ranging from 0.5% to 3%.
Standard Deduction
For the 2025 tax year, Ohio offers the following standard deductions:
- Single or Married Filing Separately: $2,400
- Married Filing Jointly: $4,800
Note: These amounts are subject to change based on legislative updates.
Retirement Income
Ohio provides tax benefits for retirees:
- Social Security Benefits: Fully exempt from state income tax.
- Other Retirement Income: Most retirement income is taxable, but Ohio offers two credits based on retirement income and two credits for those 65 and older.
FICA Taxes
| Tax Component | Rate | Income Limit |
|---|---|---|
| Social Security | 6.2% | Up to $176,100 |
| Medicare | 1.45% | No Limit |
| Additional Medicare | 0.9% | Income above $200,000 (Single) / $250,000 (Married) |
Pre-Tax Deductions
Common pre-tax deductions available to Ohio residents include:
- Contributions to 401(k), 403(b), and other retirement plans
- Health and dental insurance premiums
- Health Savings Account (HSA) and Flexible Spending Account (FSA) contributions
- Pre-tax transit and commuter benefits
Ohio-Specific Tax Credits and Deductions
| Credit or Deduction | Description |
|---|---|
| Earned Income Credit | Provides a credit equal to 5% of the federal Earned Income Tax Credit for eligible low- to moderate-income workers. |
| Child Care/Child Tax Credit | Offers a credit for qualifying child care expenses, varying based on income and number of dependents. |
| Education Tax Credits | Includes credits for contributions to scholarship-granting organizations and educational improvement grants, subject to specific limits. |
Interesting Facts About Ohio Taxes
- Ohio’s top income tax rate of 3.5% is among the lowest in states with a progressive tax system.
- The state offers various tax incentives to promote education and support low-income families.
- Recent tax reforms have aimed to simplify the tax code and reduce the overall tax burden on residents.
Frequently Asked Questions (FAQs)
- Does Ohio tax Social Security benefits?
- No, Social Security benefits are fully exempt from Ohio state income tax.
- What is the standard deduction in Ohio for 2025?
- The standard deduction is $2,400 for single filers and $4,800 for married couples filing jointly.
- Are there any tax credits for education-related expenses?
- Yes, Ohio offers tax credits for contributions to scholarship-granting organizations and educational improvement grants, subject to certain limitations.
- How does Ohio’s income tax system work?
- Ohio uses a progressive income tax system with three brackets, taxing higher income levels at higher rates, ranging from 0% to 3.5%.