![]() 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. Benefits of e-Filing your Oregon tax return include instant submission, error checking, and faster refund response times. You can save time and money by electronically filing your Oregon income tax directly with the. For more details, visit the list of Oregon itemized deductions. You must choose between itemizing your deductions and choosing the Oregon standard deduction, so it's generally only worth itemizing your deductions if your itemized total is more then the Oregon and Federal standard deductions. Oregon allows itemized deductions, and you can claim the same itemized deductions on your Oregon tax return as you do on your Federal tax return. You can, however, claim dependent deductions on your Federal Tax Return. Unlike most states, Oregon does not have a dependent deduction. The Federal Income Tax, however, does allow a personal exemption to be deducted from your gross income if you are responsible for supporting yourself financially. Keep in mind that not all deductions allowed on your federal income tax return are necessarily going to be allowed on your Oregon income tax return. Certain itemized deductions (including property tax, qualified charitable contributions, etc) may be allowed depending on the income level and filing type of the taxpayer. Unlike many other states, Oregon has no standard deduction. For details on specific deductions available in Oregon, see the list of Oregon income tax deductions. Using deductions is an excellent way to reduce your Oregon income tax and maximize your refund, so be sure to research deductions that you mey be able to claim on your Federal and Oregon tax returns. Income tax deductions are expenses that can be deducted from your gross pre-tax income. ![]() Ĭompare the state income tax rates in Oregon with the income tax rates in The IRS will start accepting eFiled tax returns in January 2020 - you can start your online tax return today for free with TurboTax. There are -1149 days left until Tax Day, on April 16th 2020. Out of state callers can reach the Department by calling 50, or by emailing If you have any questions, you can contact the Oregon Department of Revenue's Salem headquarters toll free (from inside Oregon) at 1-80. Owed tax not paid by the April 15th due-date is subject to an immediate penalty of 5% and recurring 9% annual interest until paid. To see if you qualify, you can call Legal Aid Services of Oregon at 1-88. Low-income Oregon taxpayers may qualify for free legal or tax help though Oregon DOR recognized charities. ![]() The Oregon EITC is 6% of your federal credit, with a minimum credit of $24. Residents who claim the Earned Income Tax Credit on their federal tax returns can also qualify for the Oregon EITC. To help offset high state income taxes, Oregon taxpayers can deduct up to $6,100 of Federal income tax from their Oregon taxable income. Tax brackets for earnings under under $125,000 are indexed for inflation and adjusted yearly, while tax brackets over $125,000 are only changed explicitly by statute. Oregon's high income taxes are partially due to the fact that Oregon has no state sales tax. ![]() You can learn more about how the Oregon income tax compares to other states' income taxes by visiting our map of income taxes by state. Oregon's maximum marginal income tax rate is the 1st highest in the United States, ranking directly below Oregon's %. Like the Federal Income Tax, Oregon's income tax allows couples filing jointly to pay a lower overall rate on their combined income with wider tax brackets for joint filers. Oregon collects a state income tax at a maximum marginal tax rate of %, spread across tax brackets. ![]()
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