<<Totally inaccurate. Ohio has a 4% state withholding on W-2Gs. Cincinnati has 2.1% City tax. Cleveland is 2.0%. Columbus is 2.5%. I've not had a W-2G in Toledo, but I see no reason to believe it would be any different than their 2.25% municipal income tax.>>
Thanx, SB, for this good information. It confirms what I had found in other research.
I am assuming this 4% withholding state tax is for Ohio residents AND non-residents, correct? Then the latter would have to file a non-resident Ohio state tax return to get all or part of it back.
And my understanding is that the state now – since January 1 - allows deduction for gambling losses – but on the CITY returns these deductions are NOT allowed. I have not had confirmation that this is true in all four cities. Looks like Toledo gives a $2500 exemption if you file a Toledo City tax return. Is that an exemption for the total W2-G amounts????
Although it is good that Ohio improved things for gamblers by allowing deductions for gambling losses, having 4 different city rules makes tax time more complicated for Ohio residents AND for non-residents who play in Ohio casinos. Can you – or anyone with personal knowledge - confirm that all 4 cities withhold the city tax as well as the state tax? I am assuming they do so for residents of that city, but what about non-residents???
I have the following information about the taxes withheld which seems to always be true for city residents (not sure about Toledo), but what about non-city residents who play in Columbus or Cincinnati or Toledo.
Columbus: 2.5% applies to both residents and non-residents
Cleveland: 2% only on residents
Cincinnati: 2.1% on residents and non-residents
Toledo: 2.25% with a $2500 exemption that is claimed by filing a Toledo City tax return.
Would love to hear from non-Ohio residents who have hit a W2-G jackpot in any Ohio casino and learn what was withhold – state and/or city tax. Also, need information from an Ohio resident who hits a jackpot in a city where they do not live. Did they have a city tax withheld? Please include name of casino in your report. And if you aren't sure of the percentage withheld, you can check your W2-G to find that information.
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Jean $¢ott, Frugal Gambler
http://queenofcomps.com/
You can read my blog at
http://jscott.lvablog.com/
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