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How to use or fill out 2019 Form OR-LTD, Lane County Mass Transit District Self-Employment Tax, 150-560-001 with our platform
- Click ‘Get Form’ to open the 2019 Form OR-LTD in the editor.
- Begin by entering your personal information. Fill in your first name, last name, and Social Security number. If applicable, include your business name and address.
- Indicate if you filed Form OR-LTD for 2018 by selecting 'Yes' or 'No'. If 'No', provide a reason.
- Complete the earnings section by entering your self-employment earnings from federal Schedule SE or Partnership Form 1065 on line 1.
- Calculate your net self-employment earnings by multiplying the amount on line 1 by the apportionment percentage from Schedule OR-TSE-AP (line 2). Enter this result on line 3.
- Subtract any exclusions (not more than $400) from your net earnings to find the amount subject to tax (line 5).
- Multiply the amount on line 5 by the tax rate of 0.0074 to determine your net tax (line 6).
- If you have prepayments listed on line 7, subtract this from your net tax to find any tax due (line 8).
- Complete any additional sections as required, including signature and preparer information if applicable.
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