Ohio State Income Tax Return Calculator

This calculator computes federal income taxes state income taxes social security taxes medicare taxes self employment tax capital gains tax and the net investment tax.

Ohio state income tax return calculator. This calculator allows you to estimate your ohio year end state tax refund. To use our ohio salary tax calculator all you have to do is enter the necessary details and click on the calculate button. For all filers the lowest bracket applies to income up to 21 750 and the highest bracket only applies to income above 217 400. The state of ohio has eight tax brackets ranging from folks who pay 0 in state taxes to those who pay a total of 8 333 plus 4 997 of anything made over 217 400.

Income tax calculator estimate your 2020 tax refund. The ohio tax calculator is designed to provide a simple illlustration of the state income tax due in ohio to view a comprehensive tax illustration which includes federal tax medicare state tax standard itemised deductions and more please use the main 2020 21 tax reform calculator. If you need exact numbers or have a complicated tax situation this might not be for you. It s not a very punishing tax but it s something you ll want to be aware of.

We strive to make the calculator perfectly accurate. Ohio has a progressive income tax system with eight tax brackets. The ohio state tax calculator ohs tax calculator uses the latest federal tax tables and state tax tables for 2021 22 to estimate your tax return for 2021 22 please select the 2021 tax year. The provided information does not constitute financial tax or legal advice.

Family annual income family size. Please note that this calculator makes a ballpark estimate. Paying taxes on your self employment income the biggest reason why filing a 1099 misc can catch people off guard is because of the 15 3 self employment tax. There are more than 600 ohio cities and villages that add a local income tax in addition to the state income tax.

You can quickly estimate your ohio state tax and federal tax by selecting the tax year your filing status gross income and gross expenses this is a great way to compare salaries in ohio and for. This breakdown will include how much income tax you are paying state taxes federal taxes. Rates range from 0 to 4 797. That means you re probably not getting a tax refund and will instead owe the government money when you file your tax return.

Alone that would place ohio at the lower end of states with an income tax but many ohio municipalities also charge income taxes some as high as 3. Using our ohio salary tax calculator. After a few seconds you will be provided with a full breakdown of the tax you are paying.