Individual Income Tax

What's New for 2011

A number of changes to the Ohio individual income tax took effect this year, and some of them will save taxpayers money. Among the key changes for 2011:

  • Filing Deadline Extended — The deadline for filing your Ohio (and federal/IRS) 2011 income tax return is April 17. The deadline was extended because of a holiday observance in Washington, D.C. (Emancipation Day) that falls on April 16th, the traditional filing date.
  • Pell Grant Deduction Ohio taxpayers may now be eligible for a deduction of limited taxable grant amounts.
  • Public Service Payments — This exempts public service income (including that for highway services) or income from certain transfer agreements from income tax.
  • Ohio Historical Society Ohio taxpayers may now donate to the Ohio Historical Society, a 501(c)(3) nonprofit organization that allocates these funds toward a matching grants program to support state and local history-related projects throughout Ohio.
  • New Ohio income tax tables — Ohio's individual income tax brackets have been adjusted for inflation to reflect a 4% reduction in Ohio's income tax rates, the final phase of a multi-year commitment made in 2005 to cut your income tax rates a total of 21%.
  • Direct Deposit Changes to Ohio law permit taxpayers who file an Ohio income tax return electronically to also deposit their refund electronically into any of four different types of pre-existing accounts, including checking accounts, savings accounts, individual retirement accounts or annuities (“IRAs”) and CollegeAdvantage 529 Savings Accounts administered by the Ohio Tuition Trust Authority. Direct deposit options for electronic filing allow taxpayers to split direct deposits into three different accounts.
  • Larger personal exemption — The personal and dependent income tax exemption increased to $1,650 for the 2011 taxable year, $50 more than 2010.
  • Accident and health insurance premiums deduction — Taxpayers who do not have accident or health insurance at their place of employment and who are not eligible for Medicare or Medicaid are now allowed to deduct the cost of these premiums for themselves and for certain relatives.
  • Ohio Veterans Bonus Amounts — Taxpayers do not have to include in federal adjusted gross income any bonuses that the Ohio Department of Veterans Services paid to, or on behalf of, resident veterans of the Persian Gulf, Afghanistan and Iraq conflicts during the taxable year.

More information on these changes as well as complete instructions for filing an income tax return are available in the 2011 Ohio income tax publication.