Oregon Department of Revenue : Do I need to file? : Individuals : State of Oregon
Like the federal income tax, the Oregon state income tax is progressive, meaning the rate of taxation increases as taxable income increases. Capital gains in Oregon are subject to the normal personal income tax rates. That means capital gains can be taxed at a rate as high as 9.9%, depending on your total income.
A completed Oregon Form OR-W-4 will tell your employer how much oregon income tax to withhold. Statewide, the average effective property tax rate (annual property taxes as a percentage of home value) is 0.82%. Because of the inherently local nature of property tax collections in Oregon, rates vary significantly between counties. The lowest rate can be found in Curry County (0.59%) and the highest rate is in Umatilla County (1.27%).
I used a federal PIN to sign my federal electronic return. How do I sign my Oregon electronic return?
In 1862, not long after joining the Union, Oregon enacted a tax on people of color. If you were Black, mixed-race, Hawaiian, or Chinese, you had to pay a tax not levied on white Oregonians. If you couldn’t afford it, you paid it off by performing road work.
For 2022, those filing single or married, separately with more than $125,000 in taxable income have to pay that top rate. That income threshold is doubled for married people filing together and heads of household. Before 2018, you could claim one deduction for yourself, one for your spouse, and one for each dependent on your federal income tax return.
Tax Data Sources:
See below for a list of tax preparation products to use in preparing your federal and Oregon returns. Homeowners 62 and older may qualify for Oregon’s property tax deferral program. If approved for the program, you will borrow money from the State of Oregon to pay your county property taxes.
Ford believes its Mustang Mach-E could stop being eligible for the EV tax credit. That functioned like an income minimum, since many low- and middle-income families owe less than that in taxes. It was also just another headache for people trying to figure out how much the credit was actually worth to them. “There is a growing acknowledgement that people regardless of their immigration status are part of the community and should have access to health care in a regular, reliable manner,” Fox said. “If they don’t, it adds costs and trauma to the health systems and communities.”