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DOR, 503-945-8100. Internet: www.ltd.org/businesscenter.html. Reporting forms: Oregon Quarterly Tax Report (Form OQ). Oregon Schedule B State Withholding .

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The Oregon Legislature approved the new tax in 2017 to help pay for a large package of statewide transportation improvements. The transit tax amounts to $1 for each $1,000 workers earn in Oregon. It took effect last summer, and employers were directed to begin deducting it automatically from paychecks.

Starting July 1, 2018, you'll see a new item on your paystub for Oregon's statewide transit tax. The tax is one-tenth of one percent (0.001), or $1 per $1,000. Your employer will generally withhold the tax automatically just like the personal income tax so you shouldn't need to do anything.

Where does the new statewide transit tax get reported on the Form W-2? The department amended OAR 150-316-0359 in the fall of 2018 to require reporting of statewide transit tax withheld in Box 14 of the Form W-2.

The Oregon SUI Special Payroll Tax Offset (ORAST) is a percentage of the Oregon SUI set aside to fund various state programs. Because this portion of SUI is not deposited into the Unemployment Insurance Trust Fund, it cannot be included in contributions to the state when completing federal Form 940.

On July 1, 2018, employers must start withholding the statewide transit tax which is one-tenth of 1 percent from: Wages of Oregon residents (regardless of where the work is performed). Wages of nonresidents who perform services in Oregon.

If your small business has employees working in Oregon, you'll need to pay Oregon unemployment insurance (UI) tax. The UI tax funds unemployment compensation programs for eligible employees.In Oregon, state UI tax is just one of several taxes that employers must pay. ... Here are the basic rules for Oregon's UI tax.

In 2017 the Oregon Legislature passed House Bill (HB) 2017, which included the statewide transit tax. ... Employees who aren't subject to regular income tax withholding due to high exemptions, wages below the threshold for income tax withholding, or other factors are subject to statewide transit tax withholding.

Under the payroll tax deferral, employers can choose not to withhold the employee portion of the Social Security tax through the end of 2020. Participating employees may allow their employees to opt out of the deferral. If taxes are deferred, the amount must be repaid in full by April 2021.

Recently promulgated Oregon Department of Revenue regulations require employers to report the statewide transit tax in Box 14 of Form W-2, with the designation "ORSTT W/H" (for example, ORSTT W/H - $15.00).

Department regulations require employers to report the Oregon statewide transit tax in Box 14 of Form W-2, with the designation "ORSTT W/H" (for example ORSTT W/H - $15.00). (OAR150-316-0359(3)(a); EY Payroll Newsflash Vol. 20, #067, 5-21-2019.)

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© Copyright 1997-2025
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Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232