You must file an Oregon income summary Annual Withholding Reconciliation Report, Form WR, even if you submit your W-2 information electronically. The deadline for filing W-2s and 1099-NEC is January 31 of the following year. Other forms—1099-MISC, 1099-R, 1099-G, 1099-K, and W-2G—are due March 31 of the following year.
- Other tax laws or Oregon Department of Revenue rules may apply to your specific situation.
- Download Publication OR-ESTIMATE, for more information about estimated personal income tax payments.
- All employers with paid employees working in Oregon must register for a business identification number (BIN) to report and pay Oregon payroll taxes.
- A refund hold is part of the department’s tax fraud prevention efforts and allows for confirmation that the amounts claimed on tax returns match what employers and payers report on Forms W-2 and 1099.
- Oregon has a 0.77 percent effective property tax rate on owner-occupied housing value.
Personal income tax rate charts and tables
On the following screen you will need to select the period for the documents. You will have the opportunity to add a description for what you are submitting. Click the Next button once all the required fields are complete.
Can I withdraw my request in Revenue Online?
- Register online for a BIN using the Revenue Online or by submitting a Combined Employer’s Registration form.
- Beyond federal income taxes, your employer will also withhold Social Security and Medicare taxes from each of your paychecks.
- If you need to print the accompanying schedules, select the schedules from the list and use the browser print option.
- If you’re looking to plan ahead, the state offers a simple tax calculator to estimate your tax liability.
- Read about Oregon’s timber harvest taxes filing requirements to choose a filing option.
From the Revenue Online account Home screen, navigate to Accounts Payable Management the Account section for the program for which you are filing a return (e.g. Withholding). Select the File or view returns link to view the list of returns and periods available to file. Select the File Now link, located on the right side of the period you are submitting a return for. Yes, from the Revenue Online account Home screen, select the File or view returns link in the desired tax account section. Then, select the return period you would like to open or print. Select the File, view or amend a return link in the top right corner of the page.
How You Can Affect Your Oregon Paycheck
Taxpayers who are self-employed will have to pay the entire Social Security and Medicare contributions themselves. If you fall into this camp, make sure that during tax season you look into possible deductions to help recoup the money you spend on the “employer” portion of FICA taxes. For help filing your taxes and maximizing your deductions, consider working with a financial advisor who specializes in taxes. The significant disparity in tax rates across states underscores the complex tax and regulatory environment governing distilled spirits. 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. Forty-four states levy a corporate income tax, with top rates ranging from a 2.25 percent flat rate in North Carolina to oregon income tax rate a 11.5 percent top marginal rate in New Jersey.
Oregon has a graduated corporate income tax, with rates ranging from 6.6 percent to 7.6 percent. Oregon has a 0.77 percent effective property tax rate on owner-occupied housing value. On average, taxpayers who e-file their returns and request their refund via direct deposit receive their refund two weeks sooner than those who file paper returns and request paper refund checks. You can save time and money by electronically filing your Oregon income tax directly with the . Benefits of e-Filing your Oregon tax return include instant submission, error checking, and faster refund response times. Most tax preparers can electronically file your return for you, or you can do it yourself using free or paid income tax software, like the examples listed below.