Tax Data Series

Individual Income Tax

Personal Income Tax
1996 Income Tax Returns By Income Class

A total of 5,131,032 Ohio personal income tax returns were filed for tax year 1996 (April 15, 1997 filing deadline). This represented an increase of 1.0 percent from the number of returns filed the previous year. Total federal adjusted gross income of approximately $202.1 billion was reported on the returns, an increase of 8.0 percent over the amount reported for 1995. The average federal adjusted gross income per return was $39,384, an increase of 7.0 percent from 1995. Taxpayers claimed personal exemptions ($750 per taxpayer and spouse and $850 for each dependent) valued at approximately $7.9 billion, an average of $1,531 per return, or about 2.0 exemptions per return. Ohio taxable income as reported on the returns was $190.2 billion, an average of $37,072 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. In 1996, under language enacted that year in S.B. 310, income tax rates were reduced by 6.609 percent from 1995, due to a state General Revenue Fund surplus of $400.9 million for fiscal year 1996. The 1996 tax rates were applied to segments of taxable income, with a 0.693 percent rate applied to the first $5,000 of every taxpayer's taxable income up to a top rate of 7.004 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 $7,493.0 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 $5,581.9 million, an increase of 0.6 percent over the previous year's tax liability. The average income tax liability was $1,088 per return which was 0.37 percent lower than in 1995.

All figures shown in table Y-1 were compiled from returns filed for tax year 1996 with the Ohio Department of Taxation.