The Ohio Department of Taxation has unveiled its first-ever adjustment of Ohio’s individual income tax tables for inflation, a move that will save Ohioans an estimated $25 million annually starting with the returns due next spring.

The income levels associated with each of Ohio’s nine income tax brackets will be adjusted by 0.9 percent for the 2010 taxable year. This adjustment will translate into an estimated $25 million annual savings when compared to what Ohio taxpayers would have collectively paid without the adjustment.

The adjustment is being done in accordance with Ohio Revised Code section 5747.02, which calls on the tax commissioner to adjust brackets each July starting this year.