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Ohio Taxes 2014

This is a brief disposition on the various aspects of the tax structure in the state of Ohio and how the residents are taxed.

Ohio Tax Help

Individual Taxpayer
(800) 282-1780

Business Taxpayer
(888) 405-4089

Tax Refund Hotline
(800) 282-1784

Hearing Impaired:
(800) 750-0750

Ohio Income Tax

  • Since the year 2005, the tax rates of Ohio have been steadily falling.
  • The lowest tax rate for personal income tax is 0.618% of the first $5,050 of annual taxable income.
  • The highest tax rate is 6.24% and there are 9 rates in total which varies in accordance with person’s personal income.
  • Personal income tax has to be filed on the 15th of April each year or the next business day if the 15th falls on a weekend or public holiday.
  • Many cities in Ohio levy “municipal income taxes” the forms of which can be found on the official Ohio tax website.
  • There is also a “school district income tax” which is different from state, federal and municipal income taxes. The three different income taxes are collected through individual filing of quarterly and annual returns or through salary deductions from employers.
  • The money collected in income tax is used for supporting school districts.
  • School districts are likely to have different tax rates and these rates can be determined by use of the online search tool.
  • Income tax can be filed in a school district by filing form SD 100.

Ohio Sales Tax

  • The rate of sales tax in Ohio is 5.5%.
  • Regional transit authorities and counties may also collect sales tax.
  • Sales tax rates can be found by logging into the Ohio Online Rate Finder.

Ohio Property Tax

  • There is no property tax collected in Ohio for general business filers after 2009.
  • Those who continue to pay property tax are telecommunication companies or entities who lease property out to telecommunication companies.
  • The Property Tax Administration Fund was started in Ohio in order to pay for the costs incurred by the Department of Taxation in administration of local property tax programs.
  • According to the current state law, each county auditor must reduce all personal property tax by 10%.
  • There should also be a further reduction on owner-occupied property by 2.5%.
  • Property owners who are aged 65 or above or permanently disabled qualify for a homestead exemption.

Ohio Estate and Inheritance Tax

  • Inheritance tax is not collected in Ohio.
  • There is however a tax on transferring the assets of an estate which starts at 2% for the first $40,000 and so on.

Where to Mail FEDERAL IRS Tax Forms within Ohio:

IRS Form If you ARE NOT enclosing a payment, use this address: If you ARE enclosing payment, use this address:
1040: Department of the Treasury
Internal Revenue Service
Fresno, CA  93888-0002
Internal Revenue Service
P.O. Box 802501
Cincinnati, OH 45280-2501
1040A: Department of the Treasury
Internal Revenue Service
Fresno, CA  93888-0015
Internal Revenue Service
P.O. Box 802501
Cincinnati, OH 45280-2501
1040EZ: Department of the Treasury
Internal Revenue Service
Fresno, CA  93888-0014
Internal Revenue Service
P.O. Box 802501
Cincinnati, OH 45280-2501

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