OR OR-STT-2 2018 free printable template
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Clear former ORSTT2Office use only Page 1 of 1, 150206006 (Rev. 0918)Date received19120001010000Oregon Department of RevenueStatewide Transit Tax Employee Detail Report
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People Also Ask about
What is form or-STI?
2022, Form OR-STI, Oregon Statewide Transit Individual Tax Return, 150-101-071.
Do I have to file form or-STI?
If your employer withholds STI tax from all of your wages, the tax has already been paid and you don't need to file Form OR-STI, unless your employer withheld STI tax from income not subject to the STI tax. If this is the case, you should file Form OR-STI to claim a refund.
Who is subject to Oregon state transit tax?
The Statewide Transit Tax is calculated based on the employee's wages as defined in ORS 316.162. Employees who aren't subject to regular income tax withholding due to high exemptions, wages below the threshold for income tax withholding, or other factors are subject to Statewide Transit Tax withholding.
Do I need to fill out form or-STI?
If your employer withholds STI tax from all of your wages, the tax has already been paid and you don't need to file Form OR-STI, unless your employer withheld STI tax from income not subject to the STI tax. If this is the case, you should file Form OR-STI to claim a refund.
Why am I paying Oregon transit tax?
Revenue from the Statewide Transit Tax will go into the Statewide Transportation Improvement Fund to finance investments and improvements in public transportation services, except for those involving light rail.
Who pays Oregon statewide transit tax?
The Statewide Transit Tax is imposed on the wages of each employee, but the employer is responsible for withholding, reporting, and remitting the Statewide Transit Tax.
What does STT mean on w2?
The state- wide transit tax (STT) is calculated based on the employ- ee's wages as defined in ORS 316.162. Employees who aren't subject to regular income tax withholding due to high exemptions, wages below the threshold for income tax withholding, or other factors are subject to statewide transit tax withholding.
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What is OR OR-STT-2?
OR OR-STT-2 is a form used for reporting specific transactions and tax liabilities in the state of Oregon.
Who is required to file OR OR-STT-2?
Businesses and entities that engage in certain activities or transactions subject to state taxation in Oregon are required to file OR OR-STT-2.
How to fill out OR OR-STT-2?
To fill out OR OR-STT-2, gather the required financial data, follow the form's instructions for entering information accurately, and ensure to report all applicable transactions.
What is the purpose of OR OR-STT-2?
The purpose of OR OR-STT-2 is to provide the state with a record of transactions that may be subject to taxation and ensure compliance with Oregon tax laws.
What information must be reported on OR OR-STT-2?
Information that must be reported on OR OR-STT-2 includes details about the transactions, tax identification numbers, amounts subject to tax, and any deductions or exemptions claimed.
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