What happened?

The Ohio Department of Taxation has issued new employer withholding tables for payrolls that end on or after July 1, 2024.

What are the details?

The updated employer withholding tables can be found on the Employer Withholding Tax webpage. There are a variety of methods and tables available for calculating withholding, including percentage and optional computer methods, as well as daily, weekly, biweekly, semi-monthly, and monthly tables.

• Tax Withholding Tables – Percentage Method
• Tax Withholding Tables – Optional Computer Method
• Daily Withholding Tables
• Weekly Withholding Table
• Biweekly Withholding Table
• Semi-monthly Withholding Table
• Monthly Withholding Tables

Business Considerations

• Employers should review and familiarize themselves with the changes and how they might impact their business.
• Employers should update their payroll systems, making sure the payroll systems or service providers incorporate the new withholding rates to ensure the correct tax amount is withheld from employees’ paychecks.
• Employers should consider communicating with their employees because keeping them informed is a good practice.
• Employers should consult a tax professional if unsure.
• Employers should stay informed about future changes and regularly check the Ohio Department of Taxation’s website or subscribe to their updates to stay informed.

Source References

• Ohio Department of Taxation

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