Oregon Department of Revenue : Make a payment : State of Oregon

Direct File Oregon provides some guidance for common deductions and credits, performs math calculations, computes tax, and provides links to instructions. Please familiarize yourself with the Form OR-40 Instructions and Publication OR-17 before using this filing method. For previous year instructions and publications, see our Forms and Publications page. Another way you can alter your paycheck is to change your contributions to employer-sponsored retirement or medical expense accounts. As mentioned above, these are pre-tax contributions, so not only do they help you save for the future, they also save you money on your taxes now. Use Revenue Online to verify paymentsTaxpayers can verify their estimated payments through their Revenue Online account.

• It’s also worth noting that the IRS made major revisions to the W-4 in recent years.
• For non-residents, Metro taxes only your income from Metro sources.
• ​The 2-D barcode is printed on the first page of Form OR-40, Form OR-40-P, Form OR-40-N, and Schedule OR-WFHDC.
• An extension of time to file your return is not an extension of time to pay your tax.
• Tax Day will arrive a month later than usual this year, another consequence of the COVID-19 pandemic.

Can I still file quarterly Statewide Transit Tax returns with the Department of Revenue?

We issue refunds by check or as otherwise authorized by Oregon law. We don’t refund or reduce convenience fees for overpayment of taxes, nor does the service provider. TurboTax makes it simple to maximize your refund and keep more of what you’ve earned. But if you want to raise tax rates on the rich and big corporations to fund schools or other essential services, then you need three-fifths of each chamber of the legislature to agree. In other words, a minority of lawmakers — more easily captured by special interests — can block the will of the majority.

Before you file

• However, as in years past, the department won’t be issuing personal income tax refunds until after February 15.
• If you do not meet the criteria listed above, you are not required to file a Multnomah County PFA Personal Income Tax return.
• Some features will be limited, and you won’t be able to transfer your federal tax information from IRS Direct File.
• The tax must be paid before the vehicle can be titled and registered in Oregon.

Part-year residents figure Oregon estimated tax the same way as a nonresident for the part of the year that they’re a nonresident, and the same way as a full-year resident for the part of the year that they’re a resident. If you did not satisfy either requirement, you will be retained earnings charged an underpayment penalty of 5% of the unpaid tax, but not less than $5. Payments not received within five (5) business days after the due date will be considered late. Failure to pay any installment of the payment plan by the due date will result in the payment plan being considered in default and any outstanding balance will become immediately payable.

Income Tax Comparison – Oregon vs. California

Profit and prosper with the best of expert advice on investing, taxes, retirement, personal finance and more – straight to your e-mail. A .gov website belongs to an official government organization in the United States. To avoid law firm chart of accounts interest and penalties, make your extension payment no later than April 15, 2025.

If you requested a federal extension, you DO NOT need to request an Oregon extension. Mark the “Extension filed” box when you file your Oregon individual income tax return. To e-file your Oregon and Federal income tax returns, you need a piece of tax software that is certified for eFile by the IRS. While most in-depth tax software charges a fee, there are several free options available through the states, and simple versions are also offered free of charge by most tax software companies.

• Submit your payment electronically by selecting “Return payment” on Revenue Online.
• They include property taxes and excise taxes on things like gasoline, alcohol, and tobacco.
• Oregon taxable income is equal to federal taxable income, with a limited number of additions and subtractions.
• For additional help, please see our videos on How to get a BIN on Revenue Online and How to submit a payroll tax contact change in Revenue Online.
• If you would like opt in or out of the PFA withholding tax requirement, contact your employer.
• Free guided tax preparation is available from several companies for taxpayers that meet income requirements.

Property Tax

Using links from the department’s website ensures that both taxpayers’ federal and state return will be filed for free. Oregon residents and nonresidents who earn income in Oregon pay personal income tax. During the 2019 Legislative Session, the Legislature passed the Student Success Act (House Bill 3427), which created a Corporate Activity Tax (CAT) dedicated to school funding. Effective beginning tax year 2020, the Legislature reduced Oregon’s first three income tax brackets from 5%, 7%, and 9%, to 4.75%, 6.75%, and 8.75% respectively. After deductions and credits, the oregon state income tax average effective tax rate is about 6.0% of adjusted gross income. Since 1993, the income tax brackets have been indexed to changes in the Consumer Price Index.

Online Software Products

Taxable property includes real property, mobile homes, and some tangible personal property used by business. The state and each county assessor determine the value of property in each county. Measure 5, which was passed in November 1990, restricted non-school taxes on any property to $10 per $1,000 of real market value. It restricted school taxes on any property to $5 per $1,000 of real market value. Direct File Oregon is free to use and can help prevent some errors.

I’m an Oregon resident. Do I have to pay sales taxes in other states?

If you want to cut taxes in Oregon, a simple majority of the Oregon legislature suffices. If you want to create a new tax giveaway for the well-off or a new tax subsidy for corporations, again, a simple majority is enough. From Jesus to Adam Smith, there is wide agreement that a fair tax system is one based on the ability to pay — one that asks proportionately more of a rich person than of a poor person.