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February 17, 2025
Question

What is my Ohio modified gross income if I am on social security retirement?

  • February 17, 2025
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    February 17, 2025

    In Ohio, your Modified Gross Income (MGI) is generally calculated as follows: 

    1. Start with your Federal Adjusted Gross Income (AGI): This is found on line 11 of your federal Form 1040
    2. Subtract the taxable portion of your Social Security benefits: Ohio does not tax Social Security benefits, so you can deduct the taxable portion included in your federal AGI - see screenshot below.
      1. If you entered your residency information correctly under the "About Me" tab and
      2. Correctly entered information from your SSA-1099
      3. Then TurboTax will make the calculation to leave out SS benefits on the Ohio Return
    3. Add any other income: This includes any other income that is not exempt from Ohio state taxes

    So For example, if your only income is from Social Security and it is not taxable at the federal level, your Ohio MGI would be near or at zero. If you have other sources of income, those would be included in your federal AGI and then adjusted for Ohio tax purposes.