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2024 Oregon Income Tax Form OR40 Instructions Fullyear Resident Check out our online services Revenue Online is a secure online portal that provides access to your tax account at any time. You can:
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Oregon income tax is a tax levied by the state of Oregon on individuals' taxable income. The tax rates are progressive, meaning that they increase as income increases.
Residents of Oregon, non-residents who earn income within the state, and certain part-year residents are required to file an Oregon income tax return.
To fill out Oregon income tax, individuals should complete the Oregon Form 40 for residents, Form 40-P for part-year residents, or Form 40-N for non-residents. Taxpayers need to report their income, deductions, and credits and submit the forms by the tax deadline.
The purpose of Oregon income tax is to generate revenue for state programs and services, including education, healthcare, infrastructure, and public safety.
Individuals must report their total income, including wages, salaries, dividends, interest, and rental income. They also need to provide information on deductions, credits, and any taxes already paid.
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