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Get Form or TM V, TriMet Self Employment Tax Payment
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People also ask
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Is Oregon transit tax the same as TriMet tax?
The Oregon Department of Revenue administers tax programs for the Tri-County Metropolitan Transportation District (TriMet). Nearly every employer who pays wages for services performed in this district must pay transit payroll tax. The transit tax is imposed directly on the employer.
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Where do I report statewide transit tax on w2 in Oregon?
(a) Employers must report statewide transit tax withheld in Box 14 of the W-2 with the designation ORSTT W/H in addition to the requirements in subsection (2)(a) of this rule. (b) Subsection (3)(a) of this rule is effective for tax years beginning on or after January 1, 2019.
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Is Oregon statewide transit tax the same as TriMet tax?
Taxpayers with self-employment earnings from doing business or providing services within the transit districts are subject to transit self-employment tax.
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Where is 2018 Form OR-TM? I need this to file Oregon transit tax for self- ... TurboTax Support · 5 years ago
Your transit tax is reported quarterly using the Oregon Quarterly Tax Report (Form OQ). Make your payment using the payment coupon, Form OR-OTC-V, or through the department's electronic fund transfer (EFT). For EFT information, call 503-945-8100 option four then option one.
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Is Form OR-LTD required in Oregon for 2020? TurboTax Support · 3 years ago
The base tax is called the Statewide Individual Transit Tax (STT). There are also two additional transit taxes at the local level: the Lane County Mass Transit District (LTD) tax and the Tri-County Metropolitan Transportation (TriMet) district tax, which affect people living in certain areas of Oregon.
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How do I pay my Oregon TriMet tax?
If you need to amend your tax return, use the Form OR-TM for the specific tax year. You must file an amended return to claim a refund of tax paid. To file an amended return, use the appropriate form for the year of the original return and check the “amended return” box.
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What is the Portland Metro tax area?
Revenue is distributed within the portions of Clackamas, Multnomah and Washington counties that are inside Metro's district. The City of Portland Revenue Division administers the tax on behalf of Metro.
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What is the Oregon statewide transit tax?
The tax is one-tenth of one percent (0.001), or $1 per $1,000 of wages. The STI tax is calculated on wages earned by an employee who is an Oregon resident regardless of where the work is performed, or an employee who is a nonresident who performs services in Oregon.
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