![]() ![]() Oregon taxable income is your federal taxable income with the additions, subtractions, and modifications described in Oregon's tax laws. YouĬan find information about Oregon additions, are not taxable in Oregon and therefore NOT subject to the PFA tax thresholds.Your Oregon income tax is based on your taxable income. Income such as PERS, Social Security, etc. Reminder Notice: Only Oregon Taxable Income is subject to the tax thresholds. You do not need to create a username or login to file.įor questions about the Preschool For All Personal Income Tax administration, please contact the tax administrator at the City of Portland Revenue Division: (503) 865-4748 or email for more information. The system has been ready for remittance of the Preschool For All Personal Income Tax since April 1, 2021. All payment and filings should be sent to the City of Portland through their Portland Revenue Online (PRO) system. The City of Portland Revenue Division is collecting the tax on behalf of Multnomah County for the Preschool For All Personal Income Tax. Employees may elect to opt in or out of withholding based on their individual tax situation. Employers should automatically withhold for employees making over $200,000 per year. Employers were required to offer in writing to withhold for employees as soon as their payroll system was capable in 2021. Multnomah County employers are required to withhold on behalf of employees for the Preschool For All Personal Income Tax. Please refer to our FAQ for further clarification. For non-residents of Multnomah County, income sourced within the County will be subject to the tax thresholds. Residents of Multnomah County will have 100% of their Oregon Taxable Income subject to the tax thresholds. The County also reserves the right to reassess 2021 penalties and interest for those who continue to not file their return or otherwise attempt to evade Preschool for All personal income tax liability after notification. It’s important to note that the County is advising everyone with tax liability not to wait to submit their 20 returns. All other penalties and interest associated with tax year 2022 and beyond will remain in effect. Taxpayers who were required to make quarterly payments in tax year 2022 (taxpayers who owe more than $1,000 in tax for the year), will have their interest for quarterly underpayments waived for tax year 2022 only. ![]() Those who already paid penalties and interest can obtain a refund. ![]() 14, 2023, Chair Jessica Vega Pederson announced those who do owe the tax will pay no interest or penalties for the 2021 tax year regardless of individual circumstances. The Preschool for All tax is 1.5% on taxable income over $125,000 for individuals and $200,000 for joint filers, and an additional 1.5% on taxable income over $250,000 for individuals and $400,000 for joint filers. Most area residents do not owe these taxes because they apply to higher incomes. It funds high-quality, developmentally appropriate, culturally responsive preschool experiences. ![]() 3, 2020, to establish a tuition-free preschool program for 3- and 4-year-olds. Multnomah County voters approved the new tax on Nov. 14, 2023 to reflect a new waiver for penalties and interest for tax year 2021. ![]()
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