OHIO ADJUSTED GROSS INCOME LESS TAXABLE BUSINESS INCOME AND EXEMPTIONS (INDIVIDUALS) OR MODIFIED OHIO TAXABLE INCOME (TRUSTS) OR OHIO TAXABLE INCOME (ESTATES) | TAX |
More than $26,050 but not more than $100,000 | $ 360.69 plus 2.75 % of the amount in excess of $26,050 |
More than $100,000 but not more than $115,300 | $2,394.32 plus 3.688 % of the amount in excess of $100,000 |
More than $115,300 | $2,958.58 plus 3.75 % of the amount in excess of $115,300 |
OHIO ADJUSTED GROSS INCOME LESS TAXABLE BUSINESS INCOME AND EXEMPTIONS (INDIVIDUALS) OR MODIFIED OHIO TAXABLE INCOME (TRUSTS) OR OHIO TAXABLE INCOME (ESTATES) | TAX |
More than $26,050 but not more than $100,000 | $ 360.69 plus 2.75 % of the amount in excess of $26,050 |
More than $100,000 | $2,394.32 plus 3.5 % of the amount in excess of $100,000 |
The adjusted amounts apply to taxable years beginning in the calendar year in which the adjustments are made and to taxable years beginning in each ensuing calendar year until a calendar year in which a new adjustment is made pursuant to this division. The tax commissioner shall not make a new adjustment in any year in which the amount resulting from the adjustment would be less than the amount resulting from the adjustment in the preceding year.
R.C. § 5747.02