Income Tax Brackets Oregon 2020

It consists of four income tax brackets with rates increasing from 5 to a top rate of 9 9.

Income tax brackets 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. Tax brackets for long term capital gains investments held for more than one year are 15 and 20. Start filing your tax return now. Oregon was one of the first western states to adopt a state income tax enacting its current tax in 1930.

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. The oregon tax rate is unchanged from last year however the lower income tax brackets increased due to the annual inflation. Compare your take home after tax and estimate your tax return online great for single filers married filing jointly head of household and widower.

There are 126 days left until taxes are due. Oregon s 2020 income tax ranges from 5 to 9 9. Income tax tables and other tax information is sourced from the oregon department of revenue. That top marginal rate is one of the highest rates in the country.

This page has the latest oregon brackets and tax rates plus a oregon income tax calculator. 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. The oregon tax calculator is designed to provide a simple illlustration of the state income tax due in oregon to view a comprehensive tax illustration which includes federal tax medicare state tax standard itemised deductions and more please use the main 2020 21 tax reform calculator. Oregon s income tax brackets were last changed two years ago for tax year 2018 and the tax rates were previously changed in 2010.

2020 tax brackets due april 2021 tax rate single filers. Tax worksheet to find their estimated 2020 tax required annual single or married filing separately. 2020 oregon tax tables with 2021 federal income tax rates medicare rate fica and supporting tax and withholdings calculator. New jersey 10 75 oregon 9 9 and minnesota 9 85.

Oregon income tax rate 2019 2020. The oregon income tax has four tax brackets with a maximum marginal income tax of 9 90 as of 2020. From securities sold after having been held for at least a year are taxed at rates lower than comparable ordinary income.