Oregon Department Of Revenue, Oregon Tax

Oregon Business Corporate Tax, Oregon Personal Income Tax, Oregon Sales Tax Rates

What are the Oregon Corporate net income tax rates?

0-250,000 = 6.6%
250,000 + = 7.9%

There is a minimum tax payment of $10 to file the corporate return.

What are the Oregon personal net income tax rates?

0-3,050 = 5%
3,050-7,600 = 7%
7,600-125,000 = 9%
125,000-250,000 = 10.8%
250,000 + = 11%

There are also a lot of local income taxes with an average rate of .36%

What is the average Oregon sales tax rate?

No sales tax.

Are there standard deductions?

Single:  $1,865
Joint:  $3,735

Are there personal exemptions?

Single:   $169
Dependants:   $169

What forms do you file for your Oregon taxes?

OR C corporations:   Form 20 Excise tax return. Form 20-1 Income tax.
S corporations:   Form 20-S
Partnerships:   Schedule AP
Individual (Oregon LLC members):   Form 40

Estimated tax payments?

Oregon follows the IRS standards for estimated payments. If you will owe $1000 or more in tax for the current year, you are required to make 90% of the tax due, over quarterly payments. It has to be at least 100% of the previous year, even if you think you won’t make as much in the current year. Personal filers use form 40-ESV.

Oregon Department of Revenue:
Oregon Department of Revenue
955 Center St. NE
Salem , OR 97301-2555
Telephone: 800-356-4222 or 503-378-4988 Fax: 503-945-8738 Website:  http://www.oregon.gov/DOR/

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