2024 Form OR-41, Oregon Fiduciary Income Tax Return, 150-101-041-2025

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The fiduciary of a domestic decedents estate, trust, or bankruptcy estate files Form 1041 to report: The income, deductions, gains, losses, etc. of the estate or trust. The income that is either accumulated or held for future distribution or distributed currently to the beneficiaries.
After you file your taxes, please wait for two weeks before checking your refund status. Refund processing timelines: 95 percent of taxpayers receive their refunds within two weeks (automated processing). 5 percent of taxpayer receive their refund within 20 weeks (manual processing)
January 27, 2025 - Tax season begins. This marks when the IRS will begin accepting and processing federal tax returns for the 2024 tax year.
Do You Need to File an Oregon Estate Tax Return? If the gross estate of an Oregon resident has a value of more than $1 million, the personal representative or executor of the estate must file a state estate tax return.
The current standard deduction for tax year 2024 is $5,495 on joint returns, $2,745 on single and married filing separate returns, and $4,420 for a head of household return.
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People also ask

The Oregon Department of Revenue has begun distributing refunds for the 2024 tax year. Through February 17, the department has processed more than 400,000 tax returns. The first refunds of the year were issued Tuesday.
Oregon doesnt allow an exten- sion of time to pay your tax, even if the IRS allows an extension. Your 2024 Oregon tax is due April 15, 2025.
Free electronic filing through the combination of IRS Direct File and Direct File Oregon will open January 27 when both the IRS and the Oregon Department of Revenue begin processing e-filed 2024 federal and state income tax returns. Paper-filed return processing will begin in mid-February.

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