Common sources of income that are taxable.

Unless otherwise prohibited by Chapter 718 of the Ohio Revised Code, taxable income includes, but is not limited to:

  • W-2 box 5 Medicare wages described in IRC 3121(a) without regard to limitations or exclusions (ORC 718.03)
  • Salaries, commissions, and bonuses
  • Tip income [ORC 718.03(J)]
  • Sick pay
  • Vacation pay
  • Severance pay, incentive pay
  • Strike pay
  • Contributions to deferred compensation plans such as IRC 401(k), 403(b), or 457
  • Lottery winnings and gambling winnings
  • Stock options even if not reported in the W-2 box 5 Medicare wages
  • Salaries, wages, or stipends earned or received through college or university work-study programs, internships, and grant-funded programs even if not reported in the W-2 box 5 Medicare wages
  • Supplemental unemployment compensation benefits described in IRC 3402(o)(2)(A)
  • Employment-related prizes, awards, and gifts
  • Cost of group term life insurance for active employees for protection in excess of the amount specified in IRC 79
  • Partnership guaranteed payments not already taxed at the partnership level
  • Resident partner's or member's untaxed distributive share from a partnership, LLC, LLP, or LP
  • Findlay resident shareholder's untaxed distributive share from an S corporation to the extent apportioned within Ohio 
  • Net housing allowance
  • Fees received by jurors, union stewards, directors, executors, executrixes
  • Income reported on Federal Form 1099-MISC
  • Babysitting income
  • Business income
  • Farm income
  • Rental income
  • Oil and gas royalties (i.e., derived from land)
  • Individuals' gains on sales of real estate and tangible personal property used in business to the extent of depreciation


Common sources of income that are not taxable.

Unless otherwise delineated in Chapter 718 of the Ohio Revised Code non-taxable income includes, but is not limited to:

  • Interest
  • Dividends
  • Government-paid unemployment compensation
  • Workers’ compensation
  • Social Security benefits
  • Government aid
  • Pensions and qualified retirement benefits
  • Income reported on a 1099-R, 1099-DIV, or 1099-INT
  • IRC 125 cafeteria plan contributions
  • Sick pay described in IRC 3402(o)(2)(C), not reported in the W-2 box 5 Medicare wages
  • Active and reserve military pay [ORC 718.01(C)(1)]
  • Alimony
  • Royalties derived from intangible property
  • Patent and copyright income
  • Value of a home or a parsonage furnished by a church to its designated minister
  • First $1,000 of annual income for serving as a precinct election official
  • Life insurance proceeds
  • Proceeds from inheritance
  • Gains from sales of stocks and securities