Get Oregon Or Wr

Filling out the Oregon Or Wr, also known as the Oregon Annual Withholding Tax Reconciliation Report, requires careful attention to detail to ensure accurate tax reporting. This guide provides step-by-step instructions to help you complete the form efficiently and correctly.

Follow the steps to fill out the Oregon Or Wr online.

1. Click ‘Get Form’ button to access the form in an editable format.
2. Enter your business name and Oregon Business Identification Number (BIN) in the designated fields. Ensure that this information is accurate and matches your records.
3. Input your Federal Employer Identification Number (FEIN) in the appropriate box. This number is essential for reporting purposes.
4. Enter the total number of W-2s and 1099s submitted during the tax year to provide an accurate account of your reported income.
5. For each quarter (1st to 4th), fill in the total Oregon withholding tax reported. Use the amounts from Box 5B of your 2018 OQ forms and the 'Quarterly tax' box from your quarterly statewide transit tax returns.
6. Calculate the total amounts reported in all quarters and enter this in the 'Total' box to provide a comprehensive overview of your tax contribution.
7. Add the total Oregon income tax withheld from your employees' W-2s or 1099s. This amount must reflect the figures from the documents your employees received.
8. Determine the difference between the total withholding tax reported and the total tax shown from W-2s or 1099s. If the total tax shown is larger, you owe tax, while a smaller figure indicates potential credit.
9. Enter the total statewide transit tax reported from W-2s or 1099s in the corresponding field.
10. Calculate the difference between the total reported statewide transit tax and the figures from W-2s or 1099s to assess any owed taxes or available credits.
11. Provide an explanation for any discrepancies in the explanation section of the form. Ensure your reasoning is clear to facilitate understanding.
12. Sign and date your completed form. Include your printed name and phone number for contact purposes.
13. Review the form for accuracy before saving your changes. Depending on your needs, you can download, print, or share the completed form.

Complete your Oregon Or Wr form online now for a timely submission!