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Oregon officials confirm 'kicker' rebate on 2019 tax returns

Many Oregonians will receive an extra credit on their taxes this year due to the tax surplus last year.

Posted: Oct 15, 2019 2:22 PM
Updated: Oct 15, 2019 2:25 PM

SALEM, Ore. — Oregon taxpayers will officially see a boost on their tax returns this year, the Oregon Department of Revenue (ODR) confirmed on Tuesday. The rebate, known as a "kicker," comes about whenever the state sees a surplus in tax revenue.

"A more than $1.5 billion tax surplus was confirmed by the Office of Economic Analysis (OEA) earlier this month, triggering a tax surplus credit, or 'kicker,' for the 2018 tax year," the Dept. of Revenue said.

Economists have anticipated that this surplus credit would happen for months, but Tuesday's announcement means that it's now a sure thing.

Instead of receiving standalone kicker checks, taxpayers will get a credit on their 2019 state income tax returns filed in early 2020. Anyone is eligible for some amount of the kicker as long as they filed a 2018 tax return and had taxes due before credits.

In order to calculate the amount of your kicker credit, multiply your 2018 tax liability before any credits — line 22 on the 2018 Form OR-40 — by 16 percent, according to ODR.

"Taxpayers who claimed a credit for tax paid to another state will need to subtract the credit amount from their liability before calculating the credit," the agency said.

Even if you don't have have an obligation to file taxes for 2019, you'll have to file a tax return to get your credit.

"Keep in mind that the state may use all or part of your kicker to pay any state debt you owe, such as tax due for other years, child support, court fines, or school loans," ODR said.

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