Ohio state tax: Overview
Some workers may pay less Ohio state tax this year. That's because legislation reduced the number of income tax brackets last year. The number of brackets reduced further for 2024 (see below).
However, not all taxes in Ohio are low. For example, Ohio's average effective property tax rate is higher than in most states, and the state has one of the highest gas taxes in the country.
In the News: Individuals and businesses in Ohio affected by tornadoes that began on March 14, 2024, have been granted an extended tax filing deadline by the IRS. These taxpayers now have until September 3, 2024, to file various federal individual and business tax returns and make tax payments.
Sign up for Kiplinger’s Free E-Newsletters
Profit and prosper with the best of expert advice on investing, taxes, retirement, personal finance and more - straight to your e-mail.
Profit and prosper with the best of expert advice - straight to your e-mail.
For more information, see States With IRS Tax Deadline Extensions.
[Data for this state tax guide was gathered from a number of sources including the Census Bureau, the state’s government website, the Sales Tax Handbook, and the Tax Foundation. Property taxes are cited as a rate percentage rather than the assessed value.]
Ohio income taxes
Ohio income tax range
| Up to $26,050 | 0% |
| $26,050 - $100,000 | 2.75% |
| More than $100,000 | 3.5% |
Note: Cities and school districts in Ohio can also impose local income taxes.
Ohio income taxes in retirement: Ohio doesn't tax Military pensions, Railroad Retirement benefits or Social Security.
Ohio sales tax
The state sales tax rate in Ohio is 5.75%. Localities can add as much as 2.25%, and the average combined rate is 7.238%, according to the Tax Foundation.
- Groceries are tax-exempt.
- Prescription drugs are tax-exempt.
- Diapers are tax-exempt.
- Menstrual products are tax-exempt.
How much are property taxes in Ohio?
In Ohio, the average effective property tax rate is 1.43%, which is higher than in most states.
Ohio Property Tax Breaks for Retirees
A homestead exemption is available for qualified homeowners, which allows up to $26,200 exemption of a home's market value from all local property taxes. Ohioans must have a household income that does not exceed $38,600 for 2024.
Homeowners must also meet one of the following criteria to qualify.
- Be 65 or older
- Have a permanent and total disability
- Be at least 59 years old and the surviving spouse of a deceased taxpayer who had previously received the exemption
Note: Taxpayers who were granted the exemption prior to 2014 will continue to receive it.
Ohio gas taxes (motor fuel)
Gasoline: $0.385 per gallon.
Diesel: $0.47 per gallon.
Ohio taxes on alcohol and tobacco
| Cigarettes | $1.60 per pack |
| Other tobacco products | 17% of wholesale price |
| Beer | $0.18 per gallon |
| Wine | $0.32 per gallon |
| Liquor | State-Controlled |
Ohio estate and inheritance taxes
Ohio doesn't have an estate or an inheritance tax.
Related Content
-
Price-Target Cuts Roll In for FedEx Stock After Big Earnings MissFedEx stock is plunging Friday after the logistics giant came up short of earnings expectations and revised its full-year outlook. Here's what you need to know.
-
Nike Stock Rallies on CEO Switch: What to KnowNike stock is higher Friday after the embattled retailer announced a 32-year company veteran will return as its incoming CEO. Here's what that means for investors.
-
Is an Annuity Worth It? Tax Pros and ConsRetirement Knowing how an annuity might impact your tax situation can be confusing. Here are some advantages and downsides to consider.
-
Incorrect ERC? IRS Points to Five New Red FlagsTax Credits These signs could mean there’s an error in your Employee Retention Credit claim.
-
Five December 31 Tax Deadlines for RetireesThe end of the year will be here before you know it, so it might be a good idea to start thinking soon about what you need to do for taxes before it arrives.
-
Will North Dakota Property Tax Be Eliminated?Property Tax A new property tax proposal will be a key ballot item for the Peace Garden State.
-
IRS Has No Set Plan to Replace Old TechIRS What could old IRS technology mean for your federal tax return and cybersecurity?
-
What Time is the Mega Millions Drawing?Lottery Tax With a high-stakes jackpot, the payout (less some tax) is anyone’s to win.
-
IRS Back Taxes Scam Call Steals MillionsScams IRS fakes are cheating thousands of people out of “overdue tax debt.” Are you next?
-
Unrealized Gains Tax: One Important Thing to Know NowCapital Gains Unrealized capital gains have taken center stage in election discussions about tax fairness and economic policy.
