Income Tax Rate Oregon 2020

Oregon state income tax rate table for the 2019 2020 filing season has four income tax brackets with or tax rates of 5 7 9 and 9 9 for single married filing jointly married filing separately and head of household statuses.
Income tax rate oregon 2020. Oregon s income tax brackets were last changed two years ago for tax year 2018 and the tax rates were previously changed in 2010. Wages of oregon residents regardless of where the work is performed. Tax rate used in calculating oregon state tax for year 2020 on july 1 2018 oregon employers must start withholding the transit tax one tenth of 1 percent or 001 from. This means that these brackets applied to all income earned in 2019 and the tax return that uses these tax rates was due in april 2020.
It consists of four income tax brackets with rates increasing from 5 to a top rate of 9 9. Oregon collects a state corporate income tax at a maximum marginal tax rate of 7 600 spread across two tax brackets. There are a total of twenty states with higher marginal corporate income tax rates then oregon. Rate charts for estimating 2020 oregon tax.
Oregon department of revenue programs individuals personal income tax rates and tables personal income tax rates and tables menu oregon gov. Detailed oregon state income tax rates and brackets are available on this page. Oregon income tax rate 2019 2020. Oregon s 2020 income tax ranges from 5 to 9 9.
Married filing jointly or qualifying widow er. Oregon was one of the first western states to adopt a state income tax enacting its current tax in 1930. Tax worksheet to find their estimated 2020 tax required annual single or married filing separately. That top marginal rate is one of the highest rates in the country.
Single or married filing separately if your taxable income is. Compare your take home after tax and estimate your tax return online great for single filers married filing jointly head of household and widower. The oregon tax rate is unchanged from last year however the lower income tax brackets increased due to the annual inflation. Income tax tables and other tax information is sourced from the oregon department of revenue.