Capital Gains Rates
State Rate
3.99%
Local Rate
2.50%
Deduction
None
Combined Rate
28.99%
Additional State Capital Gains Tax Information for Ohio
The Combined Rate accounts for Federal, State, and Local tax rate on capital gains income, the 3.8 percent Surtax on capital gains and the marginal effect of Pease Limitations (which results in a tax rate increase of 1.18 percent).
Additional State Income Tax Information for Ohio
Bracket levels adjusted for inflation each year. Release dates for tax bracket inflation adjustments vary by state and may fall after the end of the applicable tax year. Ohio’s personal and dependent exemptions are $2,350 for an AGI of $40,000 or less, $2,100 if AGI is between $40,001 and $80,000, and $1,850 if AGI is $80,000 or above.
