Sunday, May 12, 2013

[vpFREE] Re: Ohio gambling tax considerations

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.

SB

--- In vpFREE@yahoogroups.com, "Queen of Comps" <queenofcomps@...> wrote:
>
> <<Yes, in Cincinnati. City is 3%, I can't recall what the state was. And yes, they automatically take out city and state. If you also have them withhold the 20% federal, it ends up being almost 40% of your win between the three.>>
>
> Are you sure of this 3% â€" I had previous info saying it was 2.1%. Could you check your W2-G?
> ------------------------------------------
> Jean $¢ott, Frugal Gambler
> http://queenofcomps.com/
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> http://jscott.lvablog.com/
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