What is Oregon Withholding Tax?
Withholding tax is the amount of employee’s pay withheld by the employer and sent directly to the government as partial payment of state income tax. The amount of withholding tax depends on employee’s income. The Oregon state income tax is between 5.0%-9.9%. Therefore, the withholding tax should be similar to the state income tax range.
Employees do not need to take any action. The employers/businesses will need to deduct the withholding tax from employee’s paycheck and submit and file the withholding tax to Oregon Dept of Revenue.
How much is Oregon Withholding Tax?
Since Oregon withholding tax withheld is used to pay for employee’s Oregon state income tax, the withholding tax should correlate with state income tax bracket. The Oregon state income tax rate ranges from 5.0% to 9.9%. The withholding tax should be within the state income tax rate range.
|State||Year||State Income Tax Rate||Withholding Tax Rate|
How to File Oregon Withholding Tax?
Employees do not need to do anything.
Employers/Businesses need to register withholding tax account with Oregon Department of Revenue. Depending the size of the company, every three months, the employers have to file a quarterly withholding reports and submit withholding tax to the Department of Revenue. Most small businesses need to file quarterly while larger businesses need to file more frequently.
Oregon Withholding Tax Forms
|Form Number||Form Description|
|Form W-4||Withholding Certificate (Uses IRS W-4)|
|Form Form OQ||Withholding Tax Return|
|Form Combined Registration||Withholding Tax Registration|
How to Register for Oregon Withholding?
Businesses with employees will need to register for Oregon Withholding account. The easiest and fastest way to register for Withholding tax is online.
Click here to register for Oregon Withholding Tax.
When to File and Deadlines for Oregon Withholding Tax Return
Generally, Oregon Withholding Tax returns have to be filed every three months, ending on March 31 (Q1), June 30 (Q2), September 30 (Q3) and December 31 (Q4). Typically, the deadline to mail Oregon Withholding Tax return is the last day of the following month.
Quarter Months Deadline Q1 January - March April 30 Q2 April - June July 31 Q3 July - September October 31 Q4 October - December January 31
Oregon OR Withholding Tax Contacts and Address:
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