How much are taxes in oregon

how much are taxes in oregon

Answers

Best Answer: Oregon STATE income amount on your retirement plan distribution amounts RIGHT

Retirement Income Taxes: Most retirement income is subject to Oregon tax when received by an Oregon resident. This is true even if you were a nonresident when you earned the income. However, you may subtract some or all of your federal pension income from Oregon income. The state does not tax Social Security or railroad retirement benefits. Depending on your age and income, you may be entitled to a retirement income credit on your Oregon return. If you receive a U.S. government pension, you may be entitled to subtract part or all of that pension on your Oregon Individual income tax return. For more information, click here.

www.retirementliving.com/taxes-new-yor.

For further information, visit the Oregon Department of Revenue site or call 503-378-4988. If you are thinking of moving to

Oregon, click here.

For more information on how to figure your estimated payments and how to obtain payment vouchers, please visit our website or call us.

And what about your federal income tax amounts also when you do correctly complete your FIT tax return during the 2014 tax filing season for the 2013 tax year.

Moving from Ca to Oregon will NOT change your federal income tax amounts at all for this purpose and time in your lfe OK.

Do you now have any amount of the federal income amount withheld out of your retirement plan insread of paying the quarterly FIT estimated tax amounts.

Form W-4P, Withholding Certificate for Pension or Annuity Payments

www.irs.gov/pub/irs-pdf/fw4p.pdf

Only for your federal income tax witholding amounts during the tax year.

Hope that you find the above enclosed information useul. 05/16/2013

Source: answers.yahoo.com

Category: Taxes

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