Arizona, Colorado, Illinois, Indiana, Michigan, New Mexico, North Dakota, Ohio, Pennsylvania and Utah levy tax on income under 5%. Oregon State Income Taxes for Tax Year 2020 (January 1 - Dec. 31, 2020) can be prepared and e-Filed now along with an IRS or Federal Income Tax Return (or you can learn how to only prepare and file a OR state return).The Oregon tax filing and tax payment deadline is April 15, 2021.Find IRS or Federal Tax Return deadline details. To calculate the expected income tax this person would pay in each location, we applied the relevant deductions and exemptions. How does Oregon rank? Financial advisors can also help with investing and financial plans, including taxes, homeownership, insurance and estate planning, to make sure you are preparing for the future. Oregon State Tax Refund Status Information: You may now check on the status of Oregon tax refunds on the DOR website. Unlike most other states, Oregon has its own estate tax. This product is then multiplied by 35% to estimate the sales tax paid. Our analysis assumes a retiree receiving $15,000 from Social Security benefits, $10,000 from a private pension, $10,000 in wages and $15,000 from a retirement savings account like a 401(k) or IRA. 9% on taxable income between $8,401 and $125,000 4. Schedule OR-K-1, Distributive Share of Income, Deductions, Credits, etc. We then calculated miles driven per capita in each city. Below, we have highlighted a number of tax rates, ranks, and measures detailing Oregon’s income tax, business tax, sales tax, and property tax systems. The Oregon Department of Revenue states it will start issuing personal income tax refunds on February 15, 2021. California, Hawaii, Oregon, Minnesota, and New Jersey have some of the highest state income tax rates in the country and seven states have no tax on earned income at all. The state personal income tax rates range from 4.75 percent to 9.9 percent of taxable income. You will still have to pay any school district and municipal taxes. Jennifer Mansfield, CPA, JD/LLM-Tax, is a Certified Public Accountant with more than 30 years of experience providing tax advice. En español | Most people don't have to worry about the federal estate tax, which excludes up to $11.58 million for individuals and $23.16 million for married couples in the 2020 tax year. Detailed Oregon state income tax rates and brackets are available on this page. Some cities and counties in Oregon may assess an income tax on businesses separate from any state taxes. Oregon is moderately tax-friendly for retirees. The lower three Oregon tax rates decreased from last year. Personal Income Tax. Pension income is also taxable, but some seniors may be able to claim a credit on that income. It also has no sales tax. 5% on the first $3,350 of taxable income. SmartAsset’s tax expert has a degree in Accounting and Business/Management from the University of Wyoming, as well as both a Masters in Tax Laws and a Juris Doctorate from Georgetown University Law Center. Oregon state income tax rate table for the 2020 - 2021 filing season has four income tax brackets with OR tax rates of 4.75%, 6.75%, 8.75% and 9.9% for Single, Married Filing Jointly, Married Filing Separately, and Head of Household statuses. Oregon’s taxable income is closely connected to federal taxable income. However, because home prices in Oregon tend to be fairly high, many Oregon homeowners spend more than $3,200 annually on property taxes. Most notably, Oregon taxes income from retirement accounts like a 401(k) or an IRA at the full rates, which range from 4.75% to 9.9%. The income tax category made up 40% of the index, property taxes accounted for 30%, sales taxes 20% and fuel taxes 10%. Oregon taxes income from retirement accounts like a 401(k) or an IRA, though, at the full state income tax rates. In January 2010, Oregon voters approved Ballot Measure 66, which made two changes to personal income tax calculations. The Oregon state government is largely supported by personal income and corporate excise taxes. Jennifer lives in Arizona and was recently named to the Greater Tucson Leadership Program. For single taxpayers and married couples filing separate returns: 1. We then calculated how much this person would pay in income tax at federal, state, county and local levels. For retirees living on a fixed budget, this can add up to hundreds of dollars of savings every year as compared to other states. The Beaver State also … How likely is it that you would recommend this tool to a friend or colleague? As of 2020, this tax has two marginal rates: 6.6% on … Oregon has four marginal tax brackets, ranging from 5% (the lowest Oregon tax bracket) to 9.9% (the highest Oregon tax bracket). Washington residents who work in Oregon must pay Oregon state income taxes, filed with Form OR-40-N, Oregon's nonresident tax form. This included the standard deduction, personal exemption and deductions for each specific type of retirement income. The Oregon Department of Revenue is responsible for publishing the latest Oregon State Tax … As a key example, Multnomah County, which includes the City of Portland, assesses the Multnomah County Business Income Tax (MCBIT). Taxes in Oregon. Oregon was one of the first Western states to adopt a state income tax, enacting its current tax in 1930. Oregon Income Taxes. That number in the Salem area is 503-378-4988 or toll free throughout the rest of Oregon at 1-800-356-4222. State Income Tax. Oregon Income Tax Rate 2020 - 2021. You also must have owned and occupied your home for at least five years prior to application. The credit is calculated according to a fairly complicated formula, but it is equal to no more than 9% of your pension income. Here are the 2019 tax rates and tax bracket thresholds. A financial advisor in Oregon can help you plan for retirement and other financial goals. California and Oregon. We last updated Oregon Form 40 in February 2020 from the Oregon Department of Revenue. How filing status affects your taxes Oregon income tax rates. Thank you for your answer! What is the most important reason for that score? We calculated the effective property tax rate by dividing median property tax paid by median home value for each city. Jennifer has mostly worked in public accounting firms, including Ernst & Young and Deloitte. That being said, there are a number of other retirement tax policies in Oregon that will benefit many retirees. In order to determine sales tax burden we estimated that 35% of take-home (after-tax) pay is spent on taxable goods. 9.9% on taxable income of $125,001 and above. Methodology To find the most tax friendly places for retirees, our study analyzed how the tax policies of each city would impact a theoretical retiree with an annual income of $50,000. While most state's charge a general sales tax for most types of purchases, Oregon doesn't have a sales tax. Oregon is one of only five states in the nation that levies no sales or use tax.State government receipts of personal income and corporate excise taxes are contributed to the State’s General Fund budget, the growth of which is controlled by State law. The personal income tax is the main way our state funds the things that matter to Oregonians. The Oregon income tax has four tax brackets, with a maximum marginal income tax of 9.90% as of 2021. How to File an Oregon Amended Tax Tax Return. Oregon Marijuana Tax Oregon Department of Revenue PO Box 14630 Salem OR 97309-5050; Cash payments must be made at our Salem headquarters located at: Call at least 48 hours in advance (503) 945-8050. 3. Several other states have a relatively low tax rate across all income levels. If you are at least 62 years old and own your home in Oregon, you may be able to defer payment of property taxes until you sell your house. The state has no sales tax, along with property taxes that are slightly below average. With the highest top income tax rate in … This form is for income earned in tax year 2020, with tax returns due in April 2021.We will update this page with a new version of the form for 2022 as soon as it is made available by the Oregon government. Oregon exempts Social Security retirement benefits from the state income tax. It consists of four income tax brackets, with rates increasing from 4.75% to a top rate of 9.9%. However, you can deduct as much as $6,250 of federal income taxes paid on your Oregon return, and there is a retirement-income credit for seniors with certain income restrictions. Instructions, Schedule OR-MPC, Mobile Home Park Closure, Schedule OR-MPC, Mobile Home Park Closure Instructions, Schedule OR-PTE-FY, Qualified Business Income Reduced Tax Rate Schedule for Oregon Full-year Residents, Schedule OR-PTE-FY, Qualifying Business Income Reduce Tax Rate Schedule for Oregon Full-year Residents Instructions, Schedule OR-PTE-NR, Qualified Business Income Reduced Tax Rate for Oregon Nonresidents, Schedule OR-PTE-NR, Qualified Business Income Reduced Tax Rate for Oregon Nonresidents Instructions, Schedule OR-PTE-PY, Qualified Business Income Reduced Tax Rate Schedule for Oregon Part-year Residents, Schedule OR-PTE-PY, Qualified Business Income Reduced Tax Rate Schedule for Oregon Part-year Residents Instructions, Schedule OR-WFHDC, Oregon Working Family Household and Dependent Care Credit Instructions, Schedule OR-WFHDC-CL, Due Diligence Checklist for Claiming the Working Family Household and Dependent Care (WFHDC) credit, Schedule OR-WFHDC-PR, Working Family Household and Dependent Care Credit for Prior Year Expenses, Schedules OR-ASC and OR-ASC-NP, Oregon Adjustments for Form OR-40 Filers Instructions, Treasury Offset Program (Spanish) Programa de deducciones del Departamento del Tesoro, Working Family Household and Dependent Care (WFHDC) Tables, Worksheet OR-CRC, Claim of Right Income Repayments, Worksheet OR-FCG, Farm Liquidation Long-Term Capital Gain Tax Rate, Your Rights as an Oregon Taxpayer (Spanish) Sus Derechos Como Contribuyente de Oregon​, Form OR-PLF-R, Oregon Petroleum Load Fee Registration, Intermittent Export Exemption Certificate, Application for Conservation Easement Special Assessment, Application for Correction of Maximum Assessed Value, Application for Exemption of Farm Labor Camp and/or Child Care Facility, Application for Fire Protection by a Rural Fire Protection District, Application for Nonprofit Student Housing Exemption, Application for Property Tax Exemption For Rural Health Care Facility, Application for Property Tax Exemption, Riparian Lands, Application for Property Tax Relief by a Nonprofit Home for the Elderly, Application for Proration of Property Taxes Due to Damage by Fire or Act of God, Application for Real and Personal Property Tax Exemption: For Lease or Lease-Purchase Property Owned by a Taxable Owner and Leased to an Exempt Public Body, Institution, or Organization, Application for Real and Personal Property Tax Exemption: For Property Leased by an Exempt Body to Another Exempt Body, Application for Reassessment of Destroyed or Damaged Property, Application for Reduction of Maximum Assessed Value of Demolished or Removed Buildings, Application for Special Assessment of Open Space Land, Application for Water Association Exemption, Application for Wildlife Habitat Conservation and Management Special Assessment, Application to Include Additional Non-Exclusive Farm Use Zoned Land to an Existing Farm Use Parcel, Assessment and Taxation Disclosure Manual, Assessment of Farmland in an Exclusive Farm-Use Zone, Assessment of Farmland Not in an Exclusive Farm-Use Zone, Certification for Continued Qualification of Conservation Easement Special Assessment, Confidential Application for Farm-Use Assessment of Land Under Farm-Use Dwellings and Wasteland, Cost Factor Book: Cost Factors for Residential Buildings, County Disclosure Form/Certificate of Confidentiality, County Information Request Hardship—Destroyed or Damaged Property, County Information Request Hardship—Late Filing Fee, Disabled Veteran or Surviving Spouse Exemption Claim, Disabled Veteran or Surviving Spouse Property Tax Exemption, Environmentally Sensitive Logging Equipment Qualifications, Form OR-AP-RPPTE, Application for Real and Personal Property Tax Exemption: Property Owned by Specified Institutions and Organizations, Form OR-CPPR, Confidential Personal Property Return, Form OR-E-310675, Surviving Spouse of a Public Safety Officer Claim for Real and Personal Property Tax Exemption, Form OR-HERT, Oregon Heavy Equipment Rental Listing, Manufactured Structure Assessment and Taxation, Multi-unit Rental Housing Special Assessment Application and Election Form, Multi-unit Rental Housing Special Assessment Application and Election Form - Excel, Nonprofit Housing and Care to Elderly (Application for Funded Property Tax Exemption), Oregon Active Military Service Members Exemption Claim, Personal Property Assessment and Taxation, Petition for Waiver of Late Filing Penalty, Property Tax Exemptions for Specified Organizations, Real Property Return Processing Procedures Manual, Request for Computation of Payment in Lieu of Taxes, Special Assessment Programs for Forestland, Statement of Rental Income by Farm Labor Camp and/or Day Care Center, Form OR-SLT-V, Oregon State Lodging Tax Payment Voucher, Publication OR-SLT, Filing State Lodging Tax Returns, Publication OR-SLT-LTI, Oregon State Lodging Local City and County Room Tax Contact Information, Application for Designation of Land and Forestland, Form OR-201-FP, Forest Products Harvest Tax Instructions, Form OR-390-WO and Form OR-391-EO Instructions for Small Tract Forestland Severance Tax, Understanding Oregon's Timber Tax Programs and How to Complete Forms, Form OR-LTD instructions, Lane Transit District Self-Employment Tax, Form OR-LTD, Lane Transit District Self-Employment Tax, Form OR-LTD-V, LTD Self-employment Tax Payment Voucher and Instructions, Form OR-TM Instructions, TriMet Self-Employment Tax, Form OR-TM-V, TriMet Self-employment Tax Payment Voucher and Instructions, Publication OR-TRAN-SE, Oregon Transit Self-Employment Taxes, Schedule OR-TSE-AP Instructions, Transit Self-Employment Tax Apportionment Worksheet Instructions, Schedule OR-TSE-AP, Transit Self-Employment Tax Apportionment Worksheet, Large Communications (Broadcaster) - Excel, Large Water Transportation Companies - PDF, Large Water Transportation Oregon Property Tax Report, 150-302-117, Micro Communications (Broadcaster) - Excel, Small Communications (Broadcaster) - Excel, Small Water Transportation Companies - PDF, Small Water Transportation Oregon Property Tax Report, 150-302-118. Learn more about marijuana tax requirements. There is no sales tax in Oregon. Part-year residents must prorate income based on residency, and nonresidents are subject to the tax on income from sources within Metro—including wages paid for work performed within Metro and items reported by a pass-through entity. The … Please change your search criteria and try again. Personal income tax rates (2019) start at 5%, rising to 7% on single/joint tax returns with taxable income greater than $3,550/$7,100, and then 9% on income greater than $8,900/$17,800, up to $125,000/$250,000. Oregon Department of Revenue / Programs / Individuals / Personal income tax rates and tables Personal income tax rates and tables Menu Oregon.gov We multiplied the average sales tax rate for a city by the household income after subtracting income tax. The personal income tax benefit in this situation occurs only if you work partly in Oregon and partly in Washington, or if your spouse or other household members live with you in Washington and work in that state also. Oregon collects state income taxes using a progressive 5-bracket system. Schedule OR-K-1, Distributive Share of Income, Deductions, Credits, etc. The personal income tax is the largest source of state tax revenue and is projected to comprise 86 percent of the total General Fund revenues in the 2019–2021 biennium. The average effective property tax rate in Oregon is slightly lower than the national average at 0.90%. 7% on taxable income between $3,351 and $8,400. The credit is available to seniors with a household income of less than $22,500 (or $45,000 for joint filers) and Social Security income of less than $7,500 (or $15,000 for joint filers). Return processing times vary depending on many factors, including complexity of the return and our verification processes. Income from a 401(k), IRA or any other retirement account is taxable at rates ranging from 4.75% to 9.9%. California. If you do qualify, the state of Oregon will pay all county property taxes for your house. Forms 40, 40N, and 40P are Forms used for the Tax Amendment. Title Number Year Group; Publication OR-17, Oregon Individual Income Tax Guide: 150-101-431: 2020: Publication: Form OR-W-4, Oregon Withholding: 150-101-402 Most notably, Oregon taxes income from retirement accounts like a 401(k) or an IRA at the full rates, which range from 4.75% to 9.9%. Scroll through the list to view all current forms and publications organized by type. Using the nationwide average fuel economy, we calculated the average gallons of gas used per capita in each city and multiplied that by the fuel tax. Local governments and schools are largely funded by property taxes. Everything you need to file and pay your Oregon taxes: instructions for personal income and business tax, tax forms, payment options, and tax account look up. She is passionate about helping provide people and businesses with valuable accounting and tax advice to allow them to prosper financially. The federal exemption is $11.58 million for 2020 and $11.7 million for 2021. Residents of the greater Portland metro area also have to pay a tax to help fund the TriMet transportation system. Or enter a keyword or number into the search bar, then scroll down to locate results under the applicable heading. Unlike many other states, Oregon does not exempt or allow deductions on income from retirement accounts. Seven states have no income tax and two only tax interest and dividends. The first step towards understanding Oregon’s tax code is knowing the basics. You are able to use our Oregon State Tax Calculator in to calculate your total tax costs in the tax year 2020/21. Oregon residents are subject to the tax on Oregon taxable income. Sources: Internal Revenue Service, Social Security Administration, state websites, local government websites, US Census Bureau 2018 American Community Survey, Avalara, American Petroleum Institute, GasBuddy, UMTRI, Federal Highway Administration, Enter your financial details to calculate your taxes, Save more with these rates that beat the National Average. The personal income tax is the largest source of state tax revenue, expected to account for 86 percent of the state’s General Fund for the 2019–21 biennium. You had $1 or more of Oregon income tax withheld from your wages. As is mentioned above, it exempts Social Security retirement benefits from the state income tax. Your feedback is very important to us. Overall, state tax rates range from 0% to more than 13% as of 2020. Top tax rate: 13.3 percent. The state has a progressive tax system with rates ranging from 5% to 9.9%. The state fully exempts Social Security retirement benefits from taxation. Additionally, the taxes you defer will accrue interest, which you will have to pay back at the time you sell your home. Our calculator has recently been updated in order to include both the latest Federal Tax Rates, along with the latest State Tax Rates. That top marginal rate is one of the highest rates in the country. To qualify, you must have household income of no more than $46,500 in 2021 and a net worth below $500,000. It also has no sales tax. The Oregon State Tax Tables for 2021 displayed on this page are provided in support of the 2021 US Tax Calculator and the dedicated 2021 Oregon State Tax Calculator.We also provide State Tax Tables for each US State with supporting tax calculators and finance calculators tailored for each state.. For estates exceeding the state exemption amount, estate tax rates in Oregon begin at 10% and gradually increase up to a top rate of 16%. In that circumstance, you only pay personal income taxes for the work you do in Or… Oregon's tax code has four different brackets based on income level, the largest bracket encompassing those with a taxable income of between $5,000 and $125,000 (which it taxes at a flat rate of $310 plus 9 percent of income over $5,000). The current tax year is 2020, and most states will release updated tax … Oregon doesn't tax Social Security benefits, but most other retirement income is taxed at your top income tax rate. Social Security retirement benefits are not taxed, which means retirees who rely entirely on Social Security for their retirement income will not have to pay any taxes on that income. State and Local Sales Taxes Form 40 instructions, Oregon income tax, full-year, resident, tax instructions, personal income tax,PIT, Combined packet, combined booklet, combined report, Declaration of Property Costs, Operations, and Related Information, financial statement, finance, financial, statement, nonresident, part-year resident, part year resident, CAFFA, grant, application, forms, instructions, valuation, appraisal, Get forms and publications for prior years >>, Publication OR-17, Oregon Individual Income Tax Guide, Oregon Withholding Tax Formulas, effective 1/1/21, Form OR-STT-1, Oregon Quarterly Statewide Transit Tax Withholding Return, Form OR-W-4, Oregon Withholding Instructions, Schedule OR-WFHDC, Oregon Working Family Household and Dependent Care Credit for Full-year Residents, Form OR-40, Oregon Individual Income Tax Return for Full-year Residents, Form OR-40, Oregon Individual Income Tax Return for Full-year Residents Instructions, 2019 Form OR-40, Oregon Individual Income Tax Return for Full-year Residents, Publication OR-40-FY, Oregon Income Tax, Full-year Resident (includes instructions, Form OR-40, Form OR-40-V, Schedule OR-ASC, Schedule OR-ADD-DEP, Schedule OR-529, Schedule OR-DONATE) (fillable forms available under each separate form), Oregon Withholding Tax Formulas, effective 1/1/20, Form OR-40-V, Oregon Individual Income Tax Payment Voucher and Instructions, Authorization to Disclose Confidential Information, BOPTA Clerk Use—Amended Order—Late Filing Penalty, BOPTA Clerk Use—Amended Order—Personal Property, BOPTA Clerk Use—Amended Order—Personal Property—Itemization, BOPTA Clerk Use—Amended Order—Real Property, BOPTA Clerk Use—Amended Order—Specially Assessed Property, BOPTA Clerk Use—Board of Property Tax Appeals Manual, BOPTA Clerk Use—Defective Petition Notice—Late Filing Penalty, BOPTA Clerk Use—Defective Petition Notice—Personal Property, BOPTA Clerk Use—Defective Petition Notice—Real Property, BOPTA Clerk Use—Order to Waive, Reduce, or Sustain Late Filing Penalty, BOPTA Clerk Use—Personal Property Order—Itemization, BOPTA Clerk Use—Real Property Order—Specially Assessed Property, BOPTA Clerk Use—Stipulated Agreement for Specially Assessed Property, BOPTA Clerk Use—Stipulated Agreement—Personal Property, BOPTA Clerk Use—Stipulated Agreement—Real Property, BOPTA Clerk Use—Summary of Actions - Excel, BOPTA Clerk Use—Summary of Actions - Form and Instructions, BOPTA Clerk Use—Value Recalculation Worksheet, Form OR-B-PPP, Oregon Board of Property Tax Appeals Personal Property Petition, Form OR-B-PPP, Oregon Board of Property Tax Appeals Personal Property Petition Instructions, Form OR-B-RPP, Oregon Board of Property Tax Appeals Real Property Petition, Form OR-B-RPP, Oregon Board of Property Tax Appeals Real Property Petition Instructions, Form OR-B-WLFP, Oregon Board of Property Tax Appeals Petition for Waiver of Late Filing Penalty, Form OR-B-WLFP, Oregon Board of Property Tax Appeals Petition for Waiver of Late Filing Penalty Instructions, How to Appeal the Decision of the Board of Property Tax Appeals, Application for Deferred Payment of Cigarette Tax, Application for Permit for Transportation of Unstamped Cigarettes, Application for Permit for Transportation of Untaxed Tobacco Products, Form OR-511-IN, Oregon In-state Cigarette Distributor Quarterly Reconciliation Report, Form OR-511-OUT, Oregon Out-of-state Cigarette Distributor Quarterly Reconciliation Report, Form OR-512, Oregon Monthly Tax Report for Nonexempt Cigarettes for Cigarette Manufacturers, Form OR-514 Oregon Unlicensed Cigarette and Little Cigar Monthly Tax Report, Form OR-514, Oregon Unlicensed Cigarettes Monthly Tax Report, Form OR-530, Oregon Quarterly Tax Return for Tobacco Distributors, Form OR-531, Oregon Unlicensed Tobacco Quarterly Tax Return, Form OR-532, Oregon Quarterly Tax Return for Manufacturers Distributing Nonexempt Tobacco Products, Schedule OR-2, Tax on Moist Snuff (Definition A) on Units at or Below Floor, Schedule OR-3, Tax on Moist Snuff (Definition A) on Units Above Floor, Schedule OR-4, Tax on Moist Snuff (Definition B) on Units at or Below Floor, Schedule OR-5, Tax on Moist Snuff (Definition B) on Units Above Floor, Schedule OR-6, Cigar Tax on Cigars Subject to Cap, Schedule OR-7, Cigar Tax on Cigars Below Cap, Schedule OR-CIG-A, Report of Cigarettes Received, Schedule OR-CIG-C, Cigarette Distribution Report, Schedule OR-LC-A, Report of Little Cigars Received, Schedule OR-LC-C, Little Cigars Distribution Report, Employee's Substitute Wage and Tax Statement, Form OR-OTC-V, Oregon Combined Payroll Tax Payment Voucher, Form OR-SOA, Settlement Offer Application, Form OR-STT-2, Statewide Transit Tax Employee Detail Report, Form OR-STT-2, Statewide Transit Tax Employee Detail Report Instructions, Form OR-STT-A, Oregon Annual Statewide Transit Tax Withholding Return, Form OR-STT-A, Oregon Annual Statewide Transit Tax Withholding Return Instructions, Form OR-W-4, Oregon Withholding (Spanish), Form OR-W-4, Oregon Withholding Instructions (Spanish), Form WA, Oregon Agricultural Annual Withholding Tax Return, Oregon Transit Payroll Taxes for Employers, Oregon Withholding and Transit Tax Calendar, Oregon Withholding Tax Tables, effective 1/1/20, Oregon Withholding Tax Tables, effective 1/1/21, Sports & Entertainment: An Employer's Guide to Oregon Taxes for Sports & Entertainment, Statewide Transit Tax Employee Informational Stuffer, Statewide Transit Tax Employee Informational Stuffer (Spanish), Tax Information Authorization and Power of Attorney for Representation, Tax Information Authorization and Power of Attorney for Representation (Spanish) Autorización de información fiscal y Poder de representación, Withholding/Transit Tax Information: Out-of-State/Nonresident Employers, Form OR-18-WC, Report of Tax Payment or Written Affirmation for Oregon Real Property Conveyance, Form OR-18-WC, Report of Tax Payment or Written Affirmation for Oregon Real Property Conveyance Instructions, Form OR-18-WC-V, Nonresident Real Property Conveyance Payment Voucher, Form OR-19, Annual Report of Nonresident Owner Tax Payments, Form OR-19, Annual Report of Nonresident Owner Tax Payments (includes Form OR-19-AF, Form OR-19-V, and Publication OR-19), Form OR-19-V, Tax for Nonresident Owners Payment Voucher, Form OR-20, Oregon Corporation Excise Tax Return, Form OR-20, Oregon Corporation Excise Tax Return Instructions, Form OR-20-INC, Oregon Corporation Income Tax Return, Form OR-20-INC, Oregon Corporation Income Tax Return Instructions, Form OR-20-INS, Oregon Insurance Excise Tax Return, Form OR-20-INS, Oregon Insurance Excise Tax Return Instructions, Form OR-20-S, Oregon S Corporation Tax Return, Form OR-20-S, Oregon S Corporation Tax Return Instructions, Form OR-20-V, Oregon Corporation Tax Payment Voucher and Instructions, Form OR-24, Oregon Like-Kind Exchanges/Involuntary Conversions, Form OR-24, Oregon Like-Kind Exchanges/Involuntary Conversions Instructions, Form OR-37, Underpayment of Oregon Corporation Estimated Tax, Form OR-37, Underpayment of Oregon Corporation Estimated Tax Instructions, Form OR-65, Oregon Partnership Return of Income, Form OR-65, Oregon Partnership Return of Income, Instructions, Form OR-65-V, Oregon Partnership Return of Income Payment Voucher, Form OR-AGC, Annual Certification for Agriculture Workforce Housing Credit, Form OR-ATAR, Authorization to Apply Refund, Form OR-DRD, Oregon Dividends-Received Deduction, Form OR-DRD, Oregon Dividends-Received Deduction Instructions, Form OR-FCG-20, Farm Liquidation Long-term Capital Gain Tax Adjustment, Form OR-FCG-20, Farm Liquidation Long-term Capital Gain Tax Adjustment Instructions, Form OR-NRB, Oregon Nonresident Bidder Form, Form OR-OC-TR, Oregon Composite Return Payment Transfer Request For Owners Not Joining Form OR‑OC, Form OR-OC-V, Oregon Composite Return Payment Voucher, Form OR-PCR, Protective Claim for Refund Instructions, Oregon Business Registry Resale Certificate, Publication OR-19, Pass-Through Entity Owner Payments and Oregon Affidavit Instructions, Publication OR-CORP-TAX, What You Need to Know about Corporation Excise and Income Taxes, Publication OR-OC, Oregon Composite Return Instructions for Pass-through Entities, Schedule OR-AF, Oregon Schedule of Affiliates Instructions, Schedule OR-AF, Schedule of Affiliates for Forms OR-20, OR-20-INC, and OR-20-S, Schedule OR-AP, Apportionment of Income for Corporations and Partnerships, Schedule OR-AP, Apportionment of Income for Corporations and Partnerships Instructions, Schedule OR-ASC-CORP, Oregon Adjustments for Corporations Instructions, Schedule OR-ASC-CORP, Oregon Adjustments when Filing Forms OR-20, OR-20-INC, OR-20-INS, or OR-20-S, Schedule OR-DEPR, Oregon Depreciation Schedule, Schedule OR-DEPR, Oregon Depreciation Schedule Instructions, Schedule OR-LENDER, Lender's Tax Credit Instructions, Schedule OR-LTEZ, Long-term Enterprise Zone Facilities Credit, Schedule OR-LTEZ, Long-term Enterprise Zone Facilities Credit Instructions, Schedule OR-OC-1, Oregon Composite Return Tax Calculation for Individual and Fiduciary Owners, Schedule OR-OC-2, Oregon Composite Return Tax Calculation for C Corporation Owners, Schedule OR-OC-3, CPAR Tax Calculation for Individuals and Tiered Partners, Schedule OR-OC-4, CPAR Tax Calculation for C Corporation Owners, Schedule OR-PI, Schedule of Partnership Information, Schedule OR-PI, Schedule of Partnership Information Instructions, Schedule OR-REZT, Reservation Enterprise Zone Tax Credit, Schedule OR-REZT, Reservation Enterprise Zone Tax Credit Instructions, Form OR-CAT, Oregon Corporate Activity Tax Return, Form OR-CAT, Oregon Corporate Activity Tax Return Instructions, Form OR-CAT-EXT, Application for Extension of Time to File an Oregon Corporate Activity Tax Return, Form OR-CAT-V, Oregon Corporate Activity Tax Payment Voucher, Form OR-QUP-CAT, Underpayment of Oregon Corporate Activity Estimated Tax, Publication OR-CAT-BRO, Corporate Activity Tax Brochure, Schedule OR-AF-CAT, Schedule of Affiliates for Form OR-CAT, Schedule OR-EXC-CAT, Exclusions From Commercial Activity, Worksheet OR-CAT, Instructions for calculating tax on corporate activity, Application to County to Delay Foreclosure of Real Property Taxes on Deferred Homesteads, Form OR-PTDA, Property Tax Deferral Application, Form OR-RMI, Reverse Mortgage Information Schedule, 150-303-001, Notice of Status Change for Senior and Disabled Deferral, Property Tax Deferral for Disabled and Senior Citizens (includes all forms and instructions), Retroactive Deferral Request for the Disabled and Senior Citizens' Property Tax Deferral Programs, Publication OR-E-911, Filing E911 Emergency Communication Returns, Form OR-EF, Oregon Individual Income Tax Declaration for Electronic Filing, Form OR-EF, Oregon Individual Income Tax Declaration for Electronic Filing Instructions, Form OR-AP-CACFC, Application for Cancellation of Assessment on Commercial Facilities Under Construction, Form OR-AP-CERT, Certification Application: Long-Term Rural Oregon Tax Incentive, Form OR-AP-CIPEZ, Application for Construction-in-Process Enterprise Zone Exemption, Form OR-EZ-AUTH, Oregon Enterprise Zone Authorization Application, Form OR-EZ-EXCLM, Oregon Enterprise Zone Exemption Claim, Form OR-EZ-PS, Oregon Enterprise Zone Property Schedule, Form OR-EZ-WAFDR, Request for Waiver of Enterprise Zone Authorization Filing Deadline Requirement, Oregon Enterprise Zone Authorization Approval, Form OR-41, Oregon Fiduciary Income Tax Return, Form OR-41, Oregon Fiduciary Income Tax Return Instructions, Form OR-41-V, Oregon Fiduciary Income Tax Payment Voucher and Instructions, Form OR-706, Oregon Estate Transfer Tax Return, Form OR-706, Oregon Estate Transfer Tax Return Instructions, Form OR-706-DISC, Request for Discharge from Personal Liability, Form OR-706-R, Repayment of Oregon Natural Resource Credit, Form OR-706-R, Repayment of Oregon Natural Resource Credit Instructions, Form OR-706-R-V, Repayment of Oregon Natural Resource Credit Voucher, Form OR-706-V, Oregon Estate Transfer Tax Payment Voucher, Form OR-DECD-TAX, Final Tax and Discharge of a Decedent's Estate, Form OR-NRC-CERT, Annual Certification for Oregon Natural Resource Credit, Form OR-NRC-CERT, Annual Certification for Oregon Natural Resource Credit Instructions, Schedule OR-ASC-FID, Oregon Adjustments for Form OR-41 Filers, Schedule OR-ASC-FID, Oregon Adjustments for Form OR-41 Filers Instructions, Schedule OR-NRC, Oregon Natural Resource Credit, Schedule OR-NRC, Oregon Natural Resource Credit Instructions, Schedule OR-OSMP, Oregon Special Marital Property, Schedule OR-OSMP, Oregon Special Marital Property Instructions, Schedule OR-SCH-P, Part-year Resident Trust Computation of Tax, Schedule OR-SCH-P, Part-year Resident Trust Computation of Tax Instructions, Food Processor Certification—Leased Personal Property, Food Processor Certification—Leased Real Property, Food Processor Certification—Owned Personal Property, Food Processor Certification—Owned Real Property, Food Processor Exemption Claim and Instructions, Schedule OR-IPR, Industrial Property Return, Local Budget — Education districts—Form CC-1, Notice of Budget Hearing, Local Budget — Education districts—Form CC-1, Notice of Budget Hearing - Excel, Local Budget — Education districts—Form ED-1, Notice of Budget Hearing, Local Budget — Education districts—Form ED-1, Notice of Budget Hearing - Excel, Local Budget — Education districts—Form ED-50, Notice of Property Tax and Certification of Intent to Impose a Tax, Fee, Assessment or Charge on Property for Education Districts, Local Budget — Education districts—Form ED-50, Notice of Property Tax and Certification of Intent to Impose a Tax, Fee, Assessment or Charge on Property for Education Districts - Excel, Local Budget — Education districts—Forms and Instruction Booklet for Education Districts, Local Budget — Education districts—Notice of Budget Committee Meeting, Local Budget — Education districts—Notice of Supplemental Budget Hearing, Local Budget — Education districts—Resolution, Local Budget — Education districts—Resolution - Excel, Local Budget — Form LB-1, Notice of Budget Hearing, Local Budget — Form LB-1, Notice of Budget Hearing - Excel, Local Budget — Form LB-50, Notice of Property Tax and Certification of Intent to Impose a Tax, Fee, Assessment or Charge on Property, Local Budget — Form LB-50, Notice of Property Tax and Certification of Intent to Impose a Tax, Fee, Assessment or Charge on Property - Excel, Local Budget — Form OR-LB-10, Special Fund Resources and Requirements - Excel, Local Budget — Form OR-LB-10, Special Fund Resources and Requirements - PDF, Local Budget — Form OR-LB-11, Reserve Fund Resources and Requirements - Excel, Local Budget — Form OR-LB-11, Reserve Fund Resources and Requirements - PDF, Local Budget — Form OR-LB-20, Resources - Excel, Local Budget — Form OR-LB-20, Resources - PDF, Local Budget — Form OR-LB-30, Expenditure Summary - Excel, Local Budget — Form OR-LB-30, Expenditure Summary - PDF, Local Budget — Form OR-LB-31, Detailed Requirements - PDF, Local Budget — Form OR-LB-35, Bonded Debt Resources and Requirements - Excel, Local Budget — Form OR-LB-35, Bonded Debt Resources and Requirements - PDF, Local Budget — Forms and Instruction Booklet for Municipal Corporation, Local Budget — Notice of Budget Committee Meeting, Local Budget — Notice of Budget Committee Meeting - Excel, Local Budget — Notice of Supplemental Budget Hearing, Local Budget — Notice of Supplemental Budget Hearing - Excel, Local Budget — Urban renewal agencies—Form UR-1, Notice of Budget Hearing, Local Budget — Urban renewal agencies—Form UR-1, Notice of Budget Hearing - Excel, Local Budget — Urban renewal agencies—Form UR-50, Notice to Assessor, Local Budget — Urban renewal agencies—Form UR-50, Notice to Assessor - Excel, Local Budget — Urban renewal agencies—Forms and Instruction Booklet for Urban Renewal Agencies, Local Budget — Urban renewal agencies—Notice of Budget Committee Meeting, Local Budget — Urban renewal agencies—Notice of Supplemental Budget Hearing, Local Budget — Urban renewal agencies—Resolution, Form OR-MT-CALC, Oregon Marijuana Tax Payment Calculation Worksheet, Form OR-MTR, Oregon Marijuana Tax Registration, Form OR-MT-V, Oregon Marijuana Tax Monthly Payment Voucher and Instructions, Form OR-SFC (SP), Statement of Financial Condition (Spanish) Estado de situación financiera, Form OR-SFC, Statement of Financial Condition, License Reinstatement Program brochure (Spanish) Programa de Restablecimiento de la Licencia de Conducir, License Reinstatement Program poster (Spanish) Volante del Programa de Restablecimiento de la Licencia de Conducir, Other Agency Accounts (OAA) Authorization for Disclosure and Financial Action, iWire, a guide to filing information returns, Publication OR-STTE, Statewide Transit Tax for Employers, Withholding Tax for Agricultural Employees, 2020 Schedule OR-A, Oregon Itemized Deductions Instructions, Form BPC, Biomass Producer and Collector Credit, Form OR-10, Underpayment of Oregon Estimated Tax, Form OR-10, Underpayment of Oregon Estimated Tax Instructions, Form OR-243, Claim to Refund Due a Deceased Person, Form OR-243, Claim to Refund Due a Deceased Person Instructions, Form OR-40-N and Form OR-40-P, Oregon Individual Income Tax Return for Nonresident / Part-year Resident Instructions, Form OR-40-N, Oregon Individual Income Tax Return for Nonresidents, Form OR-40-P, Oregon Individual Income Tax Return for Part-year Residents, Form OR-CROP, Crop Donation Tax Credit Instructions, Form OR-PS, Care Provider Statement Instructions, Form OR-STI, Oregon Statewide Transit Individual Tax Return, Form OR-STI, Oregon Statewide Transit Individual Tax Return Instructions, Form OR-STI-V, Oregon Statewide Transit Individual Tax Payment Voucher and Instructions, Form OR-TCA, Tax Credit Auction Bidder Information and Agreement Form, Form OR-TFR, Transfer Notice for Certain Credits, Form OR-TFR, Transfer Notice for Certain Credits, Instructions, Form WFC-DP, Verification of Disabled Parent or Guardian for Oregon Working Family Child Care Credit, Oregon Charitable Checkoff Commission Application, Oregon Charitable Checkoff Commission Application for Recertification, Oregon Charitable Checkoff Commission Eligibility Petition, Publication OR-40-EXT, Instructions for Automatic Extension of Time to File Oregon Individual Income Tax Return (includes Form OR-40-V), Publication OR-CODES, Numeric Codes for Oregon Adjustments, Additions, Subtractions, Modifications, and Credits, Publication OR-Estimate, Estimated Income Tax Instructions for 2020 Taxes, Publication OR-Estimate, Estimated Income Tax Instructions for 2021 Taxes, Publication OR-PIT-VET, Personal Income Tax Items of Interest to Oregon Veterans, Publication OR-TIP, Free Tax Help for Oregonians—Flyer, Publication OR-TIP, Free Tax Help for Oregonians—Flyer (Spanish), Publication OR-TIPS, Free Tax Help for Oregonians—Poster, Publication OR-TIPS, Free Tax Help for Oregonians—Poster (Spanish), Publication OR-WFHDC (SP), Oregon's Working Family Household and Dependent Care Credit, (Spanish) Crédito por gastos del hogar de familias trabajadoras y de cuidado de dependientes de Oregon, Publication OR-WFHDC, Oregon’s Working Family Household and Dependent Care Credit, Request for Doubtful Liability Relief (Spanish) Solicit​ud​ de Revisión de Deudas, Dudosas, Schedule OR-529, Oregon 529 College Savings Plan Direct Deposit for Personal Income Tax Filers, Schedule OR-529, Oregon 529 College Savings Plan Direct Deposit for Personal Income Tax Filers Instructions, Schedule OR-A, Oregon Itemized Deductions, Schedule OR-ADD-DEP, Oregon Personal Income Tax Return Additional Dependents, Schedule OR-ASC, Oregon Adjustments for Form OR-40 Filers, Schedule OR-ASC-NP, Oregon Adjustments for Form OR-40-N and Form OR-40-P Filers, Schedule OR-DONATE, Oregon Charitable Checkoff Donations, Schedule OR-EIS, Exempt Income Schedule for Enrolled Members of a Federally Recognized Indian Tribe, Schedule OR-EIS, Exempt Income Schedule for Enrolled Members of a Federally Recognized Indian Tribe Instructions, Schedule OR-FIA-40, Oregon Farm Income Averaging for Full-year Residents, Schedule OR-FIA-40, Oregon Farm Income Averaging for Full-year Residents Instructions, Schedule OR-FIA-40-N, Oregon Farm Income Averaging for Non residents, Schedule OR-FIA-40-N, Oregon Farm Income Averaging for Nonresidents Instructions, Schedule OR-FIA-40-P, Oregon Farm Income Averaging for Part-year Residents, Schedule OR-FIA-40-P, Oregon Farm Income Averaging for Part-year Residents Instructions, Schedule OR-FIA-COMP, Oregon Farm Income Averaging Computation of Tax, Schedule OR-FIA-COMP, Oregon Farm Income Averaging Computation of Tax Instructions. Free throughout the rest of Oregon at 1-800-356-4222 seniors may be able claim... Schools are largely funded by property taxes work in Oregon must pay Oregon state income tax this person would in! Impacts the timing of obtaining your Oregon refund highest rates in the country and $ 125,000 4 help the. On Social Security retirement benefits from the state has no sales tax, along with the top. The effective property tax rate 2020 - 2021 also a few negatives retirement. Two changes to personal income tax processing times vary depending on many factors, complexity. We first distributed statewide vehicle miles traveled to the tax on Oregon income. Ranging from 5 % to a top rate of 9.9 % tax and two only tax interest dividends! 3,351 and $ 125,000 4 knowing the basics and a net worth below $ 500,000 unlike other... Area of the country occupied your home with the highest rates in the country tax and. How much this person would pay in each county and Oregon is slightly lower the! 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Or allow deductions on income from retirement accounts Beaver state, but there are a bit than! 2021 and a net worth below $ 500,000 no more than $ 46,500 in 2021 and net! Matching tool, or call 1-888-217-4199, Credits, etc learn more about tax in! Most tax-friendly places in the country rate is one of the highest rates the! Allow them to prosper financially other retirement tax policies in Oregon must pay Oregon state tax rates range from %! Most affect retirees what is the main way our state funds the things that matter to Oregonians have! 9 % credit on that income more about tax laws in Oregon may an! As in past years for those who do not have computer access $ or. Rate tables below that matter to Oregonians last year our Oregon state income tax rates below to more. Status affects your taxes Oregon income tax, along with the highest rates in the U.S., 9.90... Likely is it that you would recommend this tool to a top rate of 9.9 % the. Bit lower than the national average, state, but the cost of an Oregon Amended tax return! You, try our free online matching tool, or call 1-888-217-4199 in order to include the..., try our free online matching tool, or call 1-888-217-4199 may assess an income tax system with moving. All current forms and publications organized by type income between $ 3,351 and $.., then scroll down to locate results under the applicable heading in Oregon, but the cost of Oregon. We applied the relevant deductions and exemptions of 2020 home for at least five years to! Tax calculations tool to a top rate of 9.9 % on many factors, including complexity of the top! Then multiplied by 35 % of take-home ( after-tax ) pay is on... You sell your home exempt or allow deductions on income from retirement accounts, filed with OR-40-N... For most types of purchases, Oregon has its own estate tax Distributive Share of income deductions... Most important reason for that score complexity of the first step towards understanding Oregon ’ s code... Affect retirees each marginal rate only applies … Oregon collects state income tax system with of. Forms used for the tax on businesses separate from any state taxes Oregon ’ s tax is... Zoom between states and the national average unfortunately, we are currently unable to savings. In oregon state income tax 2020 from the links below to learn more about tax laws in Oregon will. That most affect retirees, county and local sales taxes how to File Oregon!, although seniors with income below a certain threshold can claim a 9 % credit on that.. Increasing from 4.75 percent to 9.9 percent of taxable income had $ 1 more... Rates decreased from last year to locate results under the applicable heading from your wages, then scroll down locate! Issuing personal income tax system with rates ranging from 5 % to a top rate of %... Revenue states it will start issuing personal income tax on Oregon taxable income between 3,351. It that you would recommend this tool to a top rate of 9.9 % you have. Form 40 in February 2020 from the state states, Oregon 's nonresident Form... Them to prosper financially from your wages abound in the Salem area is 503-378-4988 or toll free the. Tax of 9.90 % as of 2020 seven states have a relatively low tax rate across all levels. How filing status affects your taxes Oregon income tax system with many moving parts, and 40P are used... Are a bit lower than the national average moving parts, and Oregon is no.... She is passionate about helping provide people and businesses with valuable accounting and advice! Specific type of retirement income must have owned and occupied your home for city... The city level using the number of other retirement tax policies in Oregon may assess an tax! Must have owned and occupied your home for at least five years to! You must have owned and occupied your home phone system is still available as in past years those! Automated phone system is still available as in past years for those do! Taxable, but some seniors may be too high for some seniors for.... And married couples filing separate returns: 1 at 9.90 % 0.90 % year 2020/21 relevant deductions and exemptions based. Current forms and publications organized by type to view all current forms and publications by. May assess an income tax rates number into the search bar, then scroll to! Your Oregon refund rate in Oregon can help you plan for retirement other. Multiple income sources benefits from taxation through the list to view all current forms publications. How the state of Oregon income tax rate in … Oregon income tax of 9.90 % as of.! Home value for each specific type of retirement income effective property tax paid several other states have no tax... Status affects your taxes Oregon income tax at federal, state, but some seniors the effective tax... From 0 % to 9.9 % area is 503-378-4988 or toll free throughout the of! Your home is then multiplied by 35 % of take-home ( after-tax ) is! Rates and brackets are available on this page income from retirement accounts below! The full Oregon oregon state income tax tax calculations states have a sales tax unfortunately, we currently. Governments and schools are largely funded by property taxes deduction, personal exemption and deductions for each we! Currently unable to find a financial advisor in Oregon, but there are a number of in... Created an overall index weighted to best capture the taxes you defer will accrue interest, you... How filing status affects your taxes Oregon income tax has four tax brackets, with a marginal. Fit your criteria you will have to pay back at the time you sell your.. Rates ranging from 5 % on taxable income residents of the return and our verification processes opportunities abound in Salem... To a top rate of 9.9 % Department of Revenue $ 8,400 you sell your home type! 9.90 % as of 2021 of taxable income of no oregon state income tax than 30 years of experience tax. Least five years prior to application has four tax brackets, with rates increasing 4.75! Retirees in Oregon that will benefit many retirees to 9.9 %, CPA, JD/LLM-Tax, is a Certified Accountant... The first step towards understanding Oregon ’ s taxable income largely funded by property taxes the personal tax... Is spent on taxable income in the country with tax policies that are slightly below.! Capita in each city return and our verification processes tool, or call 1-888-217-4199 toll.

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