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

income tax oregon

Oregon offers several tax credits that directly reduce the tax you owe. For the 2024 tax year, the Oregon Kids Credit is a refundable credit of up to $1,000 per qualifying child, age five or younger, for families who meet specific income requirements. The tax must be paid before the vehicle can be titled and registered in Oregon.

How does estimated tax apply to nonresidents or part-year residents?

income tax oregon

This is because Oregon connects to federal tax law definitions. The only way to stop these oregon income tax rate new tax breaks is for the Oregon legislature to vote to reject them — to “disconnect” from them. In addition to the payment options below, we also accept payments in person at our office locations. Whether you’re a full-year resident, part-year resident, or nonresident, TurboTax is here to help.

Oregon Income Tax Estimator

This means that neither state nor local authorities collect taxes on the sale of products or services. Instead, the state generates revenue with a statewide income tax of 4.75% to 9.9%, ranking among Online Bookkeeping the highest in the nation. Local governments levy property taxes, and these come in right around U.S. averages.

  • View how much tax you may pay in other states based on the filing status and state entered above.
  • The EITC can have a significant impact on a family’s annual budget, offering relief and financial stability to millions of Americans each year including those in Oregon.
  • This is because Oregon connects to federal tax law definitions.
  • For example, say you want to withhold an additional $25 each month.
  • That rate stays in place until a couple reaches $250,000 of taxable income.

Standard deduction

  • To file electronically, view a list of approved vendors​ under the Corporate Activity Tax menu.
  • Facts & Figures serves as a one-stop state tax data resource that compares all 50 states on over 40 measures of tax rates, collections, burdens, and more.
  • Read about military personnel filing requirements and American Indian filing information.
  • This reduces the taxable income for the year, potentially leading to lower tax liabilities.

She believes knowledge unearned revenue is the key to success and enjoys providing content that educates and informs. Oregon has a graduated state individual income tax ranging from 4.75% to 9.9%, according to the Tax Foundation. Tax-Rates.org provides easy access to five of the most commonly used Oregon income tax forms, in downloadable PDF format. For all of the tax forms we provide, visit our Oregon tax forms library or the ‘s tax forms page. Oregon offers a range of tax credits to help reduce what you owe and keep more money in your pocket. Here’s a quick look at some of the most common credits and how they work.

income tax oregon

Property Taxes

Oregon has a state income tax (4.75% to 9.9%) but no state payroll taxes or local income taxes to worry about. The state income tax rates vary depending on your income level, with progressive tax brackets in place to determine your tax liability. Oregon collects a state income tax at a maximum marginal tax rate of %, spread across tax brackets.

income tax oregon

income tax oregon

TurboTax makes it simple to maximize your refund and keep more of what you’ve earned. TurboTax guides you step by step to ensure you claim every deduction and credit you qualify for. And if you want professional tax help, simply connect with a TurboTax expert for personalized advice, or let us handle filing for you. For previous years’ tax rates, refer to the tax charts on the last page of Publication OR-17. Oregon has a graduated-rate income tax, ranging from 4.75 to 9.9 percent across four income brackets.



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