WebOregon taxpayers could see nearly $4B ‘kicker’ next year as economic outlook improves. The state’s latest revenue forecast suggests lawmakers will have nearly $700 million … WebThe Oregon Department of Administrative Services determines whether there is a surplus and the amount to be returned to taxpayers as a kicker. If there’s a surplus, the kicker may be claimed on the return as a refundable tax credit. If there’s no surplus, there’s no kicker.

Oregon Department of Revenue : Calculator : Individuals : State of …

WebEvery two years, the Oregon Department of Administrative Services (DAS) determines whether there is a surplus and the amount to be returned to taxpayers as a kicker. If … WebOregon Department of Revenue 955 Center St NE Salem, OR 97301-2555 Media Contacts; Agency Directory; Regional Offices; Mailing Addresses; Phone: 503-378-4988 or 800 … cystic fibrosis and weight loss

Kicker, capital gains bills hit roadblock – Oregon Business

Web14 mei 2015 · The money would be distributed as a credit on the state income taxes that you file in 2016, although the kicker will actually be based on the taxes you owed from the 2014 tax year. The current... Web19 feb. 2024 · The kicker is the equivalent of a state tax refund. It is taxable in the next year only if you itemized deductions in the previous year. The rationale is that you got a tax benefit in the previous year for 100% of your state tax, so if you get a refund, you have to declare it as income the following year. Web5 dec. 2024 · The Oregon surplus credit, known as the “kicker,” is a way for state government to return some of your taxes to you when revenues are more than predicted. The Oregon Department of Administrative Services determines whether there is a surplus and the amount to be returned to taxpayers as a kicker. cystic fibrosis and working