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The document is a tax payment voucher form (OR-TM-V) from the Oregon Department of Revenue for TriMet self-employment taxes. It provides instructions for completion, including requirements for using uppercase letters and specific ink colors, and outlines necessary personal and business information to be filled out by the taxpayer.

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2023	4.9 Satisfied (50 Votes)
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How do I file my Oregon TriMet tax?

You can file you TriMet tax return using Revenue Online at Oregon.gov or you can mail in your OR-TM form to the Oregon Department of Revenue. If you pay someone to file your federal and state taxes, they can also file your TriMet tax return electronically.

Why is 30% tax for self-employed?

That 30% rule of thumb comes from the fact that self-employment income is taxed at an additional 15.3% to make sure that self-employed people still pay Medicare and Social Security tax.

Can I file my Oregon state taxes online for free?

File directly with us for free Easy Simple step-by-step process. Safe and secure File directly with us on our secure servers. Instant confirmation assures your return was submitted. Free Direct File Oregon is completely free.

What is the tax rate for independent contractors in Oregon?

Key Takeaways. Self-employment tax in Oregon includes federal taxes of 15.3%, covering Social Security and Medicare. Oregon does not have an extra self-employment tax, but state income taxes still apply based on your earnings.

How to file Oregon TriMet tax?

How to file? You can file you TriMet tax return using Revenue Online at Oregon.gov or you can mail in your OR-TM form to the Oregon Department of Revenue. If you pay someone to file your federal and state taxes, they can also file your TriMet tax return electronically.

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Who pays the Oregon privilege tax?

Vehicle dealers in Oregon are responsible for paying the Vehicle Privilege Tax on the sale price of each taxable vehicle sold. Dealers may collect the amount of the tax from the buyer in the same manner and at the same time as the collection of document processing fees.

How do I report Oregon statewide transit tax on W-2?

STI tax withholding will be located in box 14 of the Form W-2 you received from your employer. Dont file Form OR-STI to report or pay tax if your employer is located in Oregon. Your employer has already withheld and paid this tax on your behalf.

Is Oregon transit tax the same as TriMet tax?

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 file my Oregon TriMet tax?

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What is the tax rate for independent contractors in Oregon?

How to file Oregon TriMet tax?

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Who pays the Oregon privilege tax?

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