Form Publication 501 Bend Oregon 2024-2025

Form Publication 501 Bend Oregon: What You Should Know

Oregon Income Tax — Form OR-40a Instructions APRIL 19, 2025 — The Oregon Income Tax form OR-40A is due by April 19, 2022, and includes a table of standard deductions, deductions, exemptions, and the Standard Deduction on Schedule A of Forms 1040. OR-40a may also be used to compute a credit against Oregon state tax and Oregon sales tax for sales to customers in Oregon. 2021 Oregon Income Tax — Form OR-40a Instructions LATE APRIL 19, 2025 — Oregon state tax rates are effective for tax returns filed on or after April 26, 2022. Tax filers with annual taxable income of less than 40,000 are exempted for the first 11,000 of income and are subject to 2.7% on additional income after the amount is less than 11,000. Tax filers with annual taxable income of more than 40,000 are subject to 2.7% on additional income. Tax Rates Effective for Annual Income Under 40,000 Under 40,000 After 30,000 (or More) More than 30,000 Annual Income 0% 1,813 1,813 5.3% 1,813 1,813 7.7% 4,876 4,876 15.9% 13,846 13,846 19.6% 21,464 21,464 23.0% 15% and over Annual Income 0% 1,813 1,813 5.3% 1,813 1,813 7.7% 4,876 4,876 15.9% 13,846 13,846 19.6% 21,464 21,464 23.0% Tax Rates Effective for Annual Income Below 40,000 Under 40,000 After 30,000 More than 30,000 Annual Income 0% 1,813 1,813 5.3% 1,813 1,813 7.7% 4,876 4,876 15.9% 13,846 13,846 19.

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