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Buckeye Reporter

Tuesday, April 15, 2025

Ohio's combined tax revenues down 10% from Q2 to Q3 2024

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Patricia Harris Tax Commissioner at Ohio Department of Taxation | Ohio Department of Taxation

Patricia Harris Tax Commissioner at Ohio Department of Taxation | Ohio Department of Taxation

Combined tax revenues in Ohio decreased 10% in the third quarter of 2024 in comparison to the previous quarter, according to the U.S. Census Bureau’s Quarterly Summary of State and Local Taxes.

Overall, Ohio collected $8.9 billion in taxes during the third quarter of 2024, compared to $9.9 billion in the previous quarter.

The majority of the state’s tax revenue was collected through general sales and gross receipts taxes ($5.7 billion) and income taxes ($2.7 billion).

In addition to detailed tax revenue data from each state, the Quarterly Summary of State and Local Government Tax Revenue includes an estimate of state and local government tax revenue at a national level.

The Census Bureau cautions that it sets the tax classifications among the survey categories, and they may differ from the classifications set by the state governments.

Q3 Ohio Tax Collections
Type of TaxAmount (millions)
Sales and Gross Receipts Taxes$5,734
Income Taxes$2,693
License Taxes$446
Other Taxes$15
Source: U.S. Census Bureau

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