Ohio Tax Commissioner Joe Testa has announced that effective January 1, 2019, there will be changes to the state’s income tax withholding tables. These changes will be the first to the state’s withholding amounts since 2015.
From a state budget perspective, the changes in withholding will be largely offset by the resulting change in tax refunds. However, these changes are expected to cause a one-time reduction in the general fund for 2019 of $147mm.
If you have questions about tax withholding, please contact your Zinner tax expert.
