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Get Form OR-TM-V, TriMet Self-Employment Tax Payment
Get Get Form OR-TM-V, TriMet Self-Employment Tax Payment
Clear formForm ORTMVOregon Department of RevenueTriMet Selfemployment Tax Payment Voucher Page 1 of 1 Use UPPERCASE letters. Use blue or black ink. Print actual size (100%). Dont submit photocopies.
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Trimet voucher fillable FAQ
The SHS personal tax is owed by individuals with Metro taxable income above $125,000 if filing single or $200,000 if filing joint who live in Metro (including for only a portion of the year), work in Metro, or have income from Metro sources even if not a resident of Metro.
The Statewide Transit Tax is calculated based on the employee's wages as defined in ORS 316.162. 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.
Use Schedule SE (Form 1040) to figure the tax due on net earnings from self-employment.
Pay by phone or online Online at Revenue Online. You can use your credit or debit card to pay your taxes. We accept Visa, Mastercard, and Discover. Get Revenue Online help.
We offer payment plans up to 36 months, visit Revenue Online to set up a payment plan . If you are unable to set up a payment plan using Revenue Online, call us. If your account has been assigned to a private collection agency, contact them to discuss payments or to set up a payment plan.
Effective January 1, 2024, the tax rate increased to 0.8137% of the wages paid by an employer and the net earnings from self-employment for services performed within the TriMet District boundary. Employers should apply the new rate with their reporting related to wages for the first quarter of 2024.
Pay by phone or online Online at Revenue Online. You can use your credit or debit card to pay your taxes. We accept Visa, Mastercard, and Discover. Get Revenue Online help.
Your transit tax is reported quarterly using the Oregon Quarterly Tax Report (Form OQ). Make your payment using the payment coupon, Form OR-OTC-V, or through the department's electronic fund transfer (EFT). For EFT information, call 503-945-8100 option four then option one.
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