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  • Form Or-706-v, Oregon Estate Transfer Tax Payment Voucher, 150-104-172

Get Form Or-706-v, Oregon Estate Transfer Tax Payment Voucher, 150-104-172

Form OR706V Page 1 of 1, 150104172 (Rev. 0718)Oregon Department of RevenueOregon Estate Transfer Tax Payment Voucher and Instructions Online payments: You may make payments directly online at www.oregon.gov/dor.

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Form OR-706-V, Oregon Estate Transfer Tax Payment...
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State Gift and Estate Tax Amounts The Oregon estate tax exemption remains at $1 million with any excess amount subject to a marginal tax rate of 10-16% for 2022 and beyond. The Oregon exemption is not indexed for inflation.

Oregon's basic estate tax applies only to those estates valued at over $1 million. That is $1 million - net of debt, funeral expenses, health care expenses, accounting & legal fees, spousal benefit, and charitable donations - passed to heirs tax free.

The Oregon estate tax applies to estates with a value of more than $1 million. The Oregon estate tax rate is tiered, with the tax rate increasing as the value of the estate increases. For estates with a value of more than $1 million but less than $2 million, the tax rate is 10%.

Required to file If the total value of all estate assets was $1million or more when the decedent died, and the estate contained any property taxable by Oregon.

The Oregon estate tax rate starts at 10% and can be as high as 16% of the value of the estate exceeding $1,000,000. By itself, a revocable living trust does not avoid estate taxes.

If the gross estate of an Oregon resident has a value of more than $1 million, the personal representative or executor of the estate must file a state estate tax return. (Smaller estates won't need to file a return.) Your gross estate will include just about all of the property you own at your death: Real estate.

In 2021, the Oregon legislature changed the due date for filing Form OR-706, the Oregon Estate Tax Return. Estates of decedents dying on or after January 1, 2022 are now required to file Form OR-706—and pay any taxes due—within 12 months of the date of the decedent's death.

In Oregon, the tax rate currently ranges from 10 to 16%. Within this range, the rate increases with the size of the estate. (Compare these rates to the current federal rate of 40%.) See the Form OR-706 Instructions for a table of the exact estate tax rates in 2021.

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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
Industries
Forms in Spanish
Localized Forms
State-specific Forms
Forms Kit
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