There are 1,200 local taxing districts in Oregon, with property tax rates varying between each one. Tax collections are managed primarily by the 36 counties in Oregon, which assess property and calculate taxes owed. Revenue does oregon have state income tax from the property tax typically goes to support local services such as schools and law enforcement.

Oregon Tax Brackets for Tax Year 2022

Oregon is one of a handful of states in the US that does not have a general sales tax or use tax. Many of the tax changes in the federal reconciliation act flow through to state tax codes—automatically in some states, and subject to an update in states’ Internal Revenue Code conformity date in others. Wireless consumers continue to be burdened with high taxes, fees, and government surcharges in many states and localities throughout the country. Profit and prosper with the best of Kiplinger’s advice on investing, taxes, retirement, personal finance and much more. Oregon has a graduated state individual income tax ranging from 4.75% to 9.9%, according to the Tax Foundation. Profit and prosper with the best of expert advice on investing, taxes, retirement, personal finance and more – straight to your e-mail.

I am receiving a refund due to the Oregon Kids Credit. Is that refund able to be garnished or offset?

• It also means estates valued at $1 million or below will not pay taxes.
• To make a payment without logging in to a Revenue Online account, select Make a Payment from the Quick Links​​ section on the Revenue Online homepage.
• We have information on the local income tax rates in 2 localities in Oregon.
• To help offset high state income taxes, Oregon taxpayers can deduct up to $6,100 of Federal income tax from their Oregon taxable income.
• Fill out the form and mail it to the address listed on the form.
• If you don’t amend or send a copy of the federal report, we have two years from the date the IRS notifies us of the change to issue a deficiency notice.
• Taxpayers will use these rates when filing their returns in early 2026.

Statewide, the average effective property tax rate (annual property taxes as a percentage of home value) is 0.86%. Because of the inherently local nature of property tax collections in Oregon, rates vary significantly between counties. Oregon has a progressive income tax that ranks among the highest in the nation. The average effective property tax rate is just below average, however, ranking QuickBooks Accountant 25th in the country.

Where is my refund?

Oregon is moderately tax-friendly towards retirees, characterized by its lack of sales tax and property taxes slightly below average. Additionally, Social Security income is not subject to taxation in the state. When income statement calculating your Oregon income tax, keep in mind that the Oregon state income tax brackets are only applied to your adjusted gross income (AGI) after you have made any qualifying deductions. When a district certified a dollar amount tax levy, such as a local option tax or bond tax, the assessor must calculate a tax rate. To compute a tax rate, the tax levy amount is divided by the taxable assessed value of the property in the district.

Since 1993, the income tax brackets have been indexed to changes in the Consumer Price Index. The current standard deduction for tax year 2024 is $5,495 on joint returns, $2,745 on single and married filing separate returns, and $4,420 for a head of household return. Blind or elderly taxpayers, persons over the age of 65, will receive an additional $1,200 standard deduction on a single return and an additional $1,000 per eligible person on a joint return. E-filed returns will be processed in the order they are received.