Ohio Business Tax Calculator
Calculate corporate income tax, franchise tax, and gross receipts tax for businesses operating in Ohio.
Why calculating business in Ohio is different
Ohio has both state and local income taxes.
State Income Tax
2.75% - 3.99%
Base Sales Tax
5.75%
State Min Wage
$10.45 / hr
Abbreviation
OH
Ohio Business Interactive Tool
This calculator uses the latest 2026 data for Ohio, including the minimum wage of $10.45 and the specific state income tax rates (2.75% - 3.99%).
Frequently Asked Questions about Ohio Business
What is the corporate tax rate in Ohio?
Corporate tax structures vary. In addition to potential corporate income taxes, businesses in Ohio must also consider unemployment insurance taxes, sales tax collection (5.75%), and local business licenses.
Do LLCs pay tax in Ohio?
LLCs are typically pass-through entities, meaning profits pass through to the owners' personal tax returns and are taxed at the personal 2.75% - 3.99% rate. However, Ohio may also impose an annual LLC franchise fee.