| Gross Pay per Period: | $'+gross.toFixed(2)+' |
| Federal Income Tax (Est): | -$'+(fedTax/freq).toFixed(2)+' |
| FICA (SocSec + Medicare): | -$'+(ficaTax/freq).toFixed(2)+' |
| Ohio State Tax: | -$'+(stateTax/freq).toFixed(2)+' |
| Local/City Tax: | -$'+(localTax/freq).toFixed(2)+' |
| Other Deductions: | -$'+other.toFixed(2)+' |
| Take-Home Pay: | $'+netPaycheck.toFixed(2)+' |
Using the Paycheck Calculator Ohio
Calculating your take-home pay in the Buckeye State can be complex due to the combination of federal, state, and unique local tax requirements. This paycheck calculator ohio is designed to help employees and employers estimate net pay by accounting for the most recent 2024 tax brackets and local city rates.
To get an accurate estimate, you will need to provide your gross earnings and your specific local tax rate, which varies significantly depending on whether you live in Columbus, Cleveland, Cincinnati, or a smaller municipality.
- Gross Pay
- The total amount earned before any taxes or deductions are removed. This can be your salary divided by pay periods or hourly wage multiplied by hours worked.
- Pay Frequency
- How often you receive a paycheck (e.g., Bi-weekly is every two weeks, Semi-monthly is twice a month).
- Local/City Tax Rate
- Ohio allows cities and school districts to levy their own income taxes. These usually range from 0.5% to 3.0%.
How Ohio Paycheck Taxes Work
When you receive a paycheck in Ohio, four main "buckets" of taxes are generally withheld. Understanding these helps you use the paycheck calculator ohio more effectively:
Net Pay = Gross Pay – (Federal Tax + FICA + Ohio State Tax + Local Tax + Deductions)
- Federal Income Tax: Based on your W-4 filing status and annual income level.
- FICA: Includes Social Security (6.2%) and Medicare (1.45%), totaling 7.65% for the employee.
- Ohio State Income Tax: Ohio uses a progressive bracket system. For 2024, individuals earning under $26,050 pay 0%, while higher earners pay rates ranging from 2.75% to 3.50%.
- Local Income Tax: Collected by RITA (Regional Income Tax Agency) or CCA (Central Collection Agency). This is a flat percentage based on where you work and, occasionally, where you live.
Calculation Example
Example: An individual working in Columbus, OH, earns a $52,000 annual salary paid bi-weekly. They are filing as Single and have a 2.5% local tax rate.
Step-by-step solution:
- Gross Pay per period = $52,000 / 26 = $2,000.00
- FICA Withholding = $2,000 * 7.65% = $153.00
- Federal Tax (Estimated 12% effective) = $240.00
- Ohio State Tax (Approximate) = $38.50
- Local Tax (2.5%) = $50.00
- Total Deductions = $481.50
- Net Paycheck = $1,518.50
Common Questions
What is RITA tax in Ohio?
RITA stands for the Regional Income Tax Agency. It is an organization that collects municipal income taxes for many Ohio cities and villages. If your city is a RITA member, your local tax withheld on your paycheck goes to them.
Does Ohio have a school district tax?
Yes, some school districts in Ohio levy an additional income tax on residents. This is separate from city or state taxes. You can find your school district tax rate by looking up your address on the Ohio Department of Taxation website.
Why is my Ohio net pay lower than expected?
The most common reason for lower-than-expected pay in Ohio is the "double-dipping" of local taxes. If you work in one city with a high tax rate but live in another city that does not offer a full credit for taxes paid elsewhere, you may owe local taxes to both municipalities.