Tax Data Series

Individual Income Tax

Personal Income Tax
1997 Income Tax Returns By Income Class

A total of 5,224,551 Ohio personal income tax returns were filed for tax year 1997 (April 15, 1998 filing deadline). This represented an increase of 1.8 percent from the number of returns filed the previous year. Total federal adjusted gross income of approximately $220.7 billion was reported on the returns, an increase of 9.2 percent over the amount reported for 1996. The average federal adjusted gross income per return was $42,238, an increase of 7.2 percent from 1996. Taxpayers claimed personal exemptions ($850 per taxpayer and spouse and $1,050 for each dependent) valued at approximately $9.3 billion, an average of $1,785 per return, or about 2.1 exemptions per return. Ohio taxable income as reported on the returns was $206.7 billion, an average of $39,562 per return.

Ohio's graduated income tax rates are applied to the Ohio taxable income figure to obtain the tax liability before any credits are calculated. The 1997 tax rates were applied to segments of taxable income, with a 0.713 percent rate applied to the first $5,000 of every taxpayer's taxable income up to a top rate of 7.201 percent on that portion of a taxpayer's taxable income which exceeded $200,000. Applying these graduated tax rates to Ohio taxable income for all taxpayers yielded a figure of about $8,609.9 million. Net tax liability after subtraction of the personal exemption credit, joint filer credit for two working spouses, senior citizen credit, and other credits was $6,386.3 million, an increase of 14.4 percent over the previous year's tax liability. The average income tax liability was $1,222 per return which was 12.3 percent higher than in 1996.

All figures shown in table Y-1 were compiled from returns filed for tax year 1997 with the Ohio Department of Taxation.