Quiz: How Much Do You Know About Ohio Tax Laws?
Welcome to our comprehensive quiz that will test your knowledge of Ohio tax laws in 2023. Whether you're a resident, business owner, or just curious about the Buckeye State's tax system, this 10-question of Ohio Tax Laws Quiz will challenge and enlighten you.
Discover if you're a tax expert or need to brush up on your understanding of Ohio's tax regulations. From income tax rates and deductions to credits and sales tax rules, we've covered various aspects of the state's tax laws to give you a well-rounded assessment.
Each question is carefully crafted to assess your familiarity with the intricacies of Ohio Read moretax laws. So, get ready to dive into topics such as tax brackets, taxable income, eligible deductions, and more.
Whether you're taking this quiz for fun, as a learning opportunity, or to evaluate your tax knowledge, we hope you find it engaging and informative. Good luck, and let's see how much you truly know about Ohio tax laws!
- 1.
Which of the following is a tax-exempt item for Ohio sales tax?
- A.
Groceries
- B.
Clothing
- C.
Jewellery
- D.
Electronics
Correct Answer
A. Groceries -
- 2.
Which of the following is NOT subject to Ohio income tax?
- A.
Wages and Salaries
- B.
Unemployment Compensation
- C.
Rental Income
- D.
Social Security Benefits
Correct Answer
D. Social Security Benefits -
- 3.
What is the Ohio income tax rate for long-term capital gains?
- A.
5.30%
- B.
4.75%
- C.
6.00%
- D.
7.20%
Correct Answer
B. 4.75% -
- 4.
Can taxpayers in Ohio claim a deduction for charitable contributions?
- A.
Yes
- B.
No
- C.
Only for cash donations
- D.
Only for non cash donations
Correct Answer
A. Yes -
- 5.
What is the state sales tax rate in Ohio?
- A.
5.75%
- B.
6.25%
- C.
7.00%
- D.
8.50%
Correct Answer
A. 5.75% -
- 6.
Are capital gains taxed at a different rate in Ohio?
- A.
Yes
- B.
No
- C.
Only if above $100,000
- D.
Only if above $1,000,000
Correct Answer
B. No -
- 7.
What is the maximum Ohio estate tax rate for 2023?
- A.
7%
- B.
10%
- C.
15%
- D.
20%
Correct Answer
A. 7% -
- 8.
Which of the following retirement income is exempt from Ohio income tax?
- A.
401(k) withdrawals
- B.
IRA distributions
- C.
Social Security Benefits
- D.
Pension Income
Correct Answer
C. Social Security Benefits -
- 9.
Can Ohio residents claim a tax credit for adopting a child?
- A.
Yes
- B.
No
- C.
Only for international adoptions
- D.
Only for domestic adoptions
Correct Answer
A. Yes -
- 10.
When is the deadline to file Ohio state income tax returns?
- A.
April 18th
- B.
March 1st
- C.
May 1st
- D.
June 30th
Correct Answer
A. April 18th -
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Our quizzes are rigorously reviewed, monitored and continuously updated by our expert board to maintain accuracy, relevance, and timeliness.
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Current Version
-
Jul 26, 2023Quiz Edited by
ProProfs Editorial Team -
Jul 26, 2023Quiz Created by
Madhurima Kashyap
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