#OREGON 2021 TAX BRACKETS PLUS#

Married Filing Separately income tax brackets are one half that of the Married Filing Jointly income tax brackets in the state of Oregon. The state income tax rate in Oregon is progressive and ranges from 4.75 to 9.9 while federal income tax rates range from 10 to 37 depending on your income. U.S Individual Income Tax: Tax Rates for Regular Tax: Highest Bracket All-Transactions House Price Index for Oregon. Notice, however, the Oregon income tax brackets for Married Filing Jointly double from $3,750 to $7,500 at 6.75%, and double from $125,000 to $250,000 at 9.9% the highest tax bracket. Tax rate of 9.9% on taxable income over $250,000.įor the Single, Married Filing Jointly, Married Filing Separately, and Head of Household filing statuses, the OR tax rates and the number of tax brackets remain the same.The income tax withholding formula for the State of Oregon includes the following changes: The standard deduction amount for Single filers claiming less than three allowances has changed from 2,315 to 2,350.

Published: ApEffective: Pay Period 08, 2021.

Tax rate of 8.75% on taxable income between $18,901 and $250,000. TAXES 21-21, Oregon State Income Tax Withholding.

Tax rate of 6.75% on taxable income between $7,501 and $18,900.Tax rate of 4.75% on the first $7,500 of taxable income. 2021 Oregon Tax Tables with 2024 Federal income tax rates, medicare rate, FICA and supporting tax and withholdings calculator.Tax rate of 9.9% on taxable income over $125,000.įor married taxpayers living and working in the state of Oregon:.Tax rate of 6.75% on taxable income between $3,751 and $9,450.Tax rate of 4.75% on the first $3,750 of taxable income.We can also see the progressive nature of Oregon state income tax rates from the lowest OR tax rate bracket of 4.75% to the highest OR tax rate bracket of 9.9%.įor single taxpayers living and working in the state of Oregon: Looking at the tax rate and tax brackets shown in the tables above for Oregon, we can see that Oregon collects individual income taxes differently for Single versus Married filing statuses, for example. The Oregon income tax rate tables and tax brackets shown on this web page are for illustration purposes only. Oregon income tax forms are generally published at the end of each calendar year, which will include any last minute 2022 - 2023 legislative changes to the OR tax rate or tax brackets. Please reference the Oregon tax forms and instructions booklet published by the Oregon Department of Revenue to determine if you owe state income tax or are due a state income tax refund. Source: 2022 Oregon Tax Rate Charts, published by the Oregon Department of Revenue. Oregon Head of Household Tax Brackets Income Tax Bracket Oregon Married Filing Separately Tax Brackets Income Tax Bracket Oregon Married Filing Jointly Tax Brackets Income Tax Bracket Form OR-40-P filers will need to multiply the tax by their Oregon percentage on their return.Oregon Single Income Tax Brackets Income Tax Bracket Part-year resident and nonresident, Form OR-40-P and Form OR-40-N filersĪll filers can get their tax using the personal income tax calculator instead of using the tax rate charts or tables in the return instructions.For family coverage, the out-of-pocket expense limit is 8,750 for tax year 2021, an increase of 100 from tax year 2020. Personal income tax rate charts and tables For tax year 2021, participants with family coverage, the floor for the annual deductible is 4,800, up from 4,750 in 2020 however, the deductible cannot be more than 7,150, up 50 from the limit for tax year 2020. Your taxable income from all sources while you’re a resident.

#OREGON 2021 TAX BRACKETS PLUS#

Tax is based on taxable income from Oregon sources while you’re a nonresident plus If you're a part-year resident, your income The income tax for nonresidents is based on taxable income from Oregon sources. Other modifications in Oregon’s individual income tax guide, Publication OR-17.įor Oregon residents, your income tax is based on your taxable income from all sources. Oregon taxable income is your federal taxable income with the additions, subtractions, and modifications described in Oregon's tax laws. YouĬan find information about Oregon additions, Your Oregon income tax is based on your taxable income.

Oregon 2021 tax brackets