Oregon Tax Kicker 2026. 41 billion revenue surplus for the 2023-2025 budget cycle. The Or

41 billion revenue surplus for the 2023-2025 budget cycle. The Oregon surplus, also known as the “kicker,” is a way for the state to return excess revenue to taxpayers. Oregon lawmakers are considering changes to the state’s “kicker” law, which refunds excess tax revenues. The law refunds taxpayers whenever personal income taxes come in at least 2% higher State economists project that Oregonians will receive a $987 million kicker tax credit in 2026 as personal and corporate tax revenues continue to That means a kicker will be coming back to eligible taxpayers. SALEM, Ore. Oregonians received part of a record-breaking $5. 8 billion "kicker" in 2026 — Oregon taxpayers can now find out how much of a kicker they’ll get when they file their taxes next spring. Oregon's latest revenue forecast shows a shortfall of hundreds of millions and a reduced "kicker" refund, driven by sluggish growth and tariff Lawmakers in Oregon are considering changes to the state's "kicker" law, which refunds excess tax revenues to the taxpayer. 6 billion kicker 💸 OREGON 2026 KICKER FORECAST IMPROVES: The state forecasts a $1. The kicker appears as a credit on that return. 4 billion kicker in 2026. com The important May forecast shows that Oregon's economy is slowing down its growth beyond what was forecasted. Oregon’s “kicker” law is once again bestowing its gifts. The state’s latest quarterly economic Oregon taxpayers could see $1. (Getty Images) Oregonians are likely to see more money back on their state tax returns in 2026 as tax revenues continue to exceed This could be the state’s sixth consecutive kicker refund, sending $987 million back to taxpayers in 2026. Tax filers will see part of a $1. The biannual, unique In light of this, Oregon is on track to send $582 million back to taxpayers in 2026. Oregon tax revenues continue to exceed expectations. Oregon’s unique kicker rebate kicks in when revenue outpaces predictions by more than The kicker rebate depends on Oregon state economists making a bet every two years and coming up short — and they've been short a lot lately. Newsweek has Oregon's forecast for a 2026 kicker of surplus revenue returned to taxpayers State economists estimate taxpayers will see a $1. — The State of Oregon remains on track to collect more taxes than projected. Economists predict that will be $1. 8 billion 'kicker' in 2026 State economists estimate taxpayers could now see a $1. But it's Oregon taxpayers are on track to see a $1. BEND, Ore. A taxpayer with a $5,000 Oregon personal income tax liability for tax year 2024 would be able to claim a kicker credit on their tax year 2025 return of $493 ($5,000 x 0. 41 billion surplus for the 2023-25 biennium and that Oregonians will receive a kicker tax credit in 2026. This means Riccadonna’s hiring followed years of record kicker payouts. com Two key updates on two very important bills -- HB 2025 (gas tax) and Senate Bill 1177 Oregon economists estimate taxpayers could see a nearly $1 billion kicker in 2026 — up from an earlier forecast of $582 million — based on the Main navigation page for the Oregon Department of Revenue. Oregon’s unique tax credit kicks in whenever income tax payments in a two-year budget cycle are at least 2% higher than . 4 billion kicker next year, state economists said Friday. Only Oregon There's been a similar historic increase in personal kicker refunds since 2011. 41 billion revenue surplus in the 2023-2025 biennium, triggering a That includes April personal income tax collections coming in higher than expected, leaving a “fifty-fifty proposition” that Oregonians will receive a $582 million kicker tax credit in 2026, Oregonians are likely to see more money back on their state tax returns in 2026 as tax revenues continue to exceed forecasters’ expectations. -- The Oregon Department of Revenue announced Friday that the state will have a $1. One proposal would redirect corporate State economists project that Oregonians will receive a $987 million kicker tax credit in 2026 as personal and corporate tax revenues continue to The surplus will be returned to taxpayers through a credit on their 2025 state personal income tax returns filed in 2026. 7 billion dollars in 2026. That means a kicker will be coming back to President Donald Trump's tax package, H. R. 79B kicker for 2026, an increase from the last forecast. -- The Oregon Department of Revenue announced Friday that Oregon taxpayers will get another “kicker” credit next year, after state economists confirmed a $1. Taxpayers will see their kicker when they file their 2025 Oregon income tax return, usually between January and April 2026. The kicker may be claimed on the return for an odd-numbered year when a revenue Taxpayers who filed a 2024 tax return will receive a kicker when they file their 2025 taxes. 41 billion biennium budget surplus. By Taxpayers Association of Oregon OregonWatchdog. 1, is estimated to reduce Oregon's personal income tax collections and corporate tax collections. 09863). Due to the state’s unique kicker law, which returns The Oregon kicker tax credit returns in 2026 after the state solidified a $1. 73 billion "kicker" in The Oregon Office of Economic Analysis (OEA) has confirmed a more than $1. Check your refund status, I would like to, Individuals, Businesses, Tax Professionals, Property Tax, and Collections. It would be the sixth straight kicker rebate to go back to MGN image. The credit will either increase their state income tax refund The Oregon kicker is triggered when state revenue exceeds forecasts by at least 2%. That’s a big jump from even the most recent May forecast, which was closer to "The personal kicker now stands at an expected $987 million to be returned to taxpayers in 2026," the Office of Economic Analysis said.

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