Latest news with #OhioDepartmentofTaxation
Yahoo
3 days ago
- Business
- Yahoo
When is Ohio's sales tax holiday? What items are eligible?
Ohio's sales tax holiday for 2025 will be Aug. 1-14, Gov. Mike DeWine announced on May 30. 'The timing of this year's sales tax holiday not only supports families preparing for back-to-school, but also provides relief on other important household needs,' DeWine said in a statement. During the holiday, shoppers will be able to make qualifying purchases both in-store and online without paying state sales tax. Almost all tangible personal property priced at $500 or less is tax-free. Here are some examples of items that will be tax-free: Electronics: Computers, televisions, and other gadgets Clothing: Any apparel items Books: All types, including novels and textbooks Home Goods: Furniture, kitchenware, and home decor Plants: Indoor and outdoor plants Sporting Goods: Equipment and apparel for sports Food and Beverages: Dine-in food, dietary supplements, and soft drinks Note: These are just examples. Many other items will also be exempt from sales tax during this period. Stay up to date: Sign up for The Scoop, our weekly newsletter on Ohio politics The tax exemption does not apply to services or to purchases of motor vehicles, watercraft, outboard motors, alcohol, tobacco, vapor products, or any item containing marijuana. For full details, including eligible items and frequently asked questions, visit the Ohio Department of Taxation's Sales Tax Holiday page. You can also contact the Department by email or by calling 1-888-405-4039. This article originally appeared on The Columbus Dispatch: Ohio sales tax holiday 2025: When is it? What items will be included?
Yahoo
4 days ago
- Business
- Yahoo
Ohio's Sales Tax Holiday extended to 2 full weeks this year
(WKBN) – Ohio Gov. Mike DeWine announced the state's Sales Tax Holiday will run for two full weeks this year. Ohio's Sales Tax Holiday will be August 1-14. During that time period, shoppers will be able to make qualifying purchases both in-store and online without paying state sales tax. To see which items are eligible, visit the Ohio Department of Taxation's website. In 2024, the Sales Tax Holiday lasted ten days instead of the usual three days. It was also expanded to include a wider range of items. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Yahoo
03-03-2025
- Business
- Yahoo
Is Ohio 1 of the 9 states where people may lose some Social Security money to taxes? What we know
Most retirees look forward to Social Security benefits each month once they reach retirement age, but potential changes make Social Security operations less certain. Despite harsh criticism of the benefits program from Elon Musk, calling it a "Ponzi scheme," along with looming job cuts to the Social Security Administration, Social Security benefits roughly 69 million Americans per month as of 2025, and serves as a major source of income for most seniors. Which states tax social security benefits? Is Ohio one of them? What major changes should recipients keep in mind? Here's what to know. Ohio does not tax social security benefits, but they could be taxed on the federal level, depending on how you file your return. Ohio Department of Taxation says that filers must claim the Ohio deduction for "taxable Social Security benefits" on the Ohio Schedule of Adjustments to ensure your benefits aren't taxed by the state. Retirees in these nine states could have their Social Security checks taxed and owe money during tax time. Colorado Connecticut Minnesota Montana New Mexico Rhode Island Utah Vermont West Virginia The first wave of checks from the bipartisan Social Security Fairness Act have been sent out, with the Social Security Administration having processed 30,000 new initial claims so far. The law, signed in the final month of the Biden administration, aims to boost Social Security benefits for public service workers, including public school teachers, police officers, firefighters, and postal workers, who could be entitled to bigger Social Security checks. Social Security distribution schedules for 2025 and 2026 are available online, according to the Social Security Administration. Here's a look at the payment schedule for the rest of 2025. Friday, Feb. 28, 2025 (Check for March 2025) Tuesday, April 1, 2025 (Check for April 2025) Thursday, May 1, 2025 (Check for May 2025) Friday, May 30, 2025 (Check for June 2025) Tuesday, July 1, 2025 (Check for July 2025) Friday, Aug. 1, 2025 (Check for August 2025) Friday, Aug. 30, 2025 (Check for September 2025) Wednesday, Oct. 1, 2025 (Check for October 2025) Friday, Oct. 31, 2025 (Check for November 2025) Monday, Dec. 1, 2025 (Check for December 2025) Wednesday, Dec. 31, 2025 (Check for January 2026) This article originally appeared on The Columbus Dispatch: People in 9 states may see less Social Security money at tax time; is Ohio 1?
