The below content should be reviewed in conjunction with the in-depth federal coverage of this topic provided above.
Author: Vicki M. Lambert, The Payroll Advisor
Summary
- Payments for group-term life insurance premiums exceeding $50,000 are taxable wages in Ohio if they are taxable under federal rules. See Group-Term Life Insurance.
- Ohio follows federal law regarding the taxation of moving expense reimbursements and payments. See Moving Expenses.
- Ohio follows federal law regarding the taxation of employer-provided educational assistance payments. See Educational Assistance.