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Oh Ust 1 Form

Oh Ust 1 Form

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Complete monthly ust 1 telefile worksheet seamlessly on any device

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Instructions and help about monthly ust 1 telefile worksheet

[Music] we're going to do the state income tax calculation for Ohio and we're going to use a hundred thousand dollars as our example salary so we're gonna see what would it look like if you had a hundred thousand dollars being taxed in Ohio through their state tax system a hundred thousand dollars goes into the salary boxes and then you start looking at the standard deduction and Ohio is a state that actually has no standard deduction so they have a really interesting tax system and I'm going to show you more about it in a second but I want to bring attention to that first that Ohio has no standard deduction so that means the full 100 000 is going to be subject to tax now this is where the interesting part comes in when you look at that first bracket it says it has a zero percent tax rate but it's got an asterisk next to it and what that means is if you make less than 25 000 so the first bracket holds 25 000 if you make it less than 25 000 you pa

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