Oregon State Income Tax Rates And Calculator

oregon income tax rate

If you want to check the status of your Oregon tax refund, you can visit the Oregon Income Tax Refund page. The two most popular tax software packages are H&R Block At Home, sold by the H&R Block tax preparation company, and TurboTax Federal & State, sold by the Intuit software company. Both companies produce multiple editions for simple to very complex tax returns, so be sure to carefully compare the features offered by each package. For previous years’ tax rates, refer to the tax charts on the last page of Publication OR-17.

oregon income tax rate

Oregon Tax Rates, Collections, and Burdens

The Tax tables below include the tax rates, thresholds and allowances included in the Oregon Tax Calculator 2020. The Tax tables below include the tax rates, thresholds and allowances included in the Oregon Tax Calculator 2021. The Tax tables below include the tax rates, thresholds and allowances included in the Oregon Tax Calculator 2023.

Road Taxes and Funding by State, 2025

oregon income tax rate

These credits can make a big difference when it’s time to file your taxes. Be sure to check which ones apply to your situation so you can get the most out of your Oregon state income tax refund. If you meet these state filing thresholds, you’re responsible for filing Oregon state income oregon income tax rate taxes. Be sure to file to ensure you stay compliant and avoid potential penalties. Remember that Oregon may have very different deduction laws from the Federal Income Tax, so you may have to write a whole new list of deductions for your Oregon income tax return.

Federal Income Tax Tables in 2025

  • Residents of Portland should also factor in the city’s $35 arts tax, which applies to many adult residents.
  • Currently, the median property tax bill in Oregon is approximately $3,118.
  • Oregon has a tax on wine at 67 cents per gallon and beer is taxed at just eight cents per gallon.
  • Oregon forgoes a sales tax, but doubles down on other forms of taxation.

We’ve built a platform to give everyone access to the tax and wealth-building tools typically reserved for wealthy individuals with a team of accountants and lawyers. We make it simple and seamless for our customers to take advantage of these hard-to-access tax-advantaged structures. With Valur, you can build your wealth more efficiently at less than half the cost of competitors. The amount of tax you owe each year is calculated based on your gross income, which includes wages, interest, dividends, and other earnings. Tax exclusions are an amount of money or income that is not subject to taxation.

Nonresident Income Tax Filing Laws by State, 2025

oregon income tax rate

When you prepare and eFile your Tax Return the eFile Tax App will apply the correct standard deductions for you or you can apply the itemized deduction method. Prepare and e-File your current Oregon Income Taxes here on eFile.com together with your Federal Income Tax Return. Per IRS/State assets = liabilities + equity regulation – not eFile.com – an Oregon state tax return can only be e-Filed together with an IRS tax return. Instruction how to only prepare an Oregon state return on eFile.com and then download, print sign and mail it in.

Estimated taxes

There are no states that do not have property taxes, albeit some have far lower rates than others. Alabama has the highest municipal sales tax, with an average of 5.24%. Louisiana has the second-highest local sales tax in the US, at 5.10%. Louisiana has the highest combined sales tax rate in the US, at 9.55%, when combined with its 4.45% sales tax rate. The research team at Madison Trust Company sought to find the states with the highest taxes as well as the states with lowest taxes using data collected through TaxFoundation.org.

oregon income tax rate

State and Local Tax Burdens, Calendar Year 2022

  • Meanwhile, the greater Portland area’s Metro Supportive Housing Services Tax is a 1% levy on taxable income above $125,000 for individuals and $200,000 for married couples filing jointly.
  • As an RDP, you can’t file using the single filing status on your Oregon return.
  • It allows taxpayers to lower the amount of taxable income they have, which in turn reduces the amount of tax they owe.
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  • Katelyn has more than 6 years of experience working in tax and finance.
  • Alcohol and transportation-related taxes are also relatively low for Oregon residents compared to other states.

Residents of Portland should also factor in the city’s $35 arts tax, which applies to many adult residents. Oregon collects a state income tax at a maximum marginal tax rate of %, spread across tax brackets. 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 has a graduated state individual income tax ranging from 4.75% to 9.9%, according to the Tax Foundation.
  • The tax is applied to wages, salaries, and other compensation within certain thresholds, which are adjusted periodically.
  • Although gross receipts taxes typically do not allow any deductions from gross sales, the CAT provides a 35 percent deduction for either labor costs or the cost of goods sold.
  • That’s money that your employer removes from your pay before taxes are applied.

State payroll tax

For example, the top rate kicks in at or above $1 million in California (when the “millionaire’s tax” surcharge is included), Massachusetts, New Jersey, New York, and the District of Columbia. The amount you pay is based on your taxable income and filing status. There is state-level exemptions for all type of filers and dependents. The amount of income tax a person or entity pays depends on their income level.

For help filing your taxes and maximizing your deductions, consider working with a financial advisor who specializes in taxes. Retail sales taxes are an essential part of most states’ revenue toolkits, responsible for 24 percent of combined state and local tax collections. If you’re looking to plan ahead, the state offers a simple tax calculator to estimate your tax liability. This can help you understand what tax bracket you fall in and what Bakery Accounting to expect when filing.