Get Or Form Or-tm 2023-2025

Completing the OR Form OR-TM online is a straightforward process designed to streamline your self-employment tax filing with the Oregon Department of Revenue. This guide offers clear, step-by-step instructions to help you accurately fill out the form and ensure your submission meets all requirements.

Follow the steps to fill out the OR Form OR-TM online.

1. Press the ‘Get Form’ button to obtain the form and open it in the editor.
2. Indicate the fiscal year dates by filling in the 'Fiscal year beginning' and 'Fiscal year ending' fields in MM/DD/YYYY format.
3. Select applicable checkboxes for your submission: amended return, name change, address change, extension filed, or utility/telecommunications.
4. Respond to the question about whether you filed Form OR-TM for 2022 by selecting ‘Yes’ or ‘No’ and provide a reason if necessary.
5. Fill in your first name, last name, or partnership name, as applicable, and provide your Social Security number and contact phone number.
6. Complete the business address section by including the business address, city, state, and ZIP code.
7. In Section 1, input your self-employment earnings from federal Schedule SE or Partnership Form 1065.
8. Enter the apportionment percentage from Schedule OR-TSE-AP in Section 2.
9. Calculate your net self-employment earnings by multiplying the figures from Section 1 and Section 2 in Section 3.
10. Deduct any exclusion amount, not exceeding $400, in Section 4 from your net earnings.
11. Determine the net earnings subject to transit district tax in Section 5 by subtracting Section 4 from Section 3.
12. Calculate the net tax owed in Section 6 by multiplying the amount in Section 5 by 0.008037.
13. Fill in any prepayments made in Section 7.
14. Calculate the total tax to pay in Section 8 by subtracting Section 7 from Section 6.
15. If applicable, include any penalties or interest caused by late filing in Section 9.
16. Determine the total amount due in Section 10 by adding Section 8 and Section 9.
17. If you have overpaid, calculate your refund in Section 11 by subtracting Section 6 from Section 7.
18. Under penalty of false swearing, provide your signature, date, and details if a preparer is involved.
19. Once completed, save changes, download, and print the form for your records, or share as required.

Complete your OR Form OR-TM online now to ensure timely and accurate filing.