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Oregon taxpayers have claimed $1.6 billion of kicker tax credit so far

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(The Center Square) – Oregon taxpayers have claimed almost $1.6 billion of the record $5.61 billion surplus revenue kicker tax credit they will receive this year, the Oregon Department of Revenue announced.

The Department has already received 950,000 tax returns and expects another 1.2 million to be filed by the tax deadline of April 15. Those remaining taxpayers will claim over $4 billion in kicker surplus.

“More than 1 million taxpayers still need to file, and we are urging Oregonians not to wait until the last minute,” Megan Denison, administrator of the agency’s Personal Tax and Compliance Division, said. “We also urge anyone who is owed a kicker to file and claim it.”

The kicker is a tax credit people can use on their 2023 state personal income tax returns filed this year. It’s based on their 2022 tax return, so people must file that return to get the credit.

Oregon taxpayers who filed a 2022 tax return and owe state income tax before credits can receive the credit.

“Even taxpayers who don’t have a filing obligation for 2023 still must file a 2023 tax return to claim their credit,” a release said. “The kicker is based on Oregon income tax paid in 2022, not federal income tax paid.”

“Taxpayers should not guess at their kicker amount,” the release said. “They can determine the amount of their kicker using the What’s My Kicker? Tool available on Revenue Online. To use the tool, taxpayers will need to enter their name, Social Security Number, and filing status for 2022 and 2023.”

The state may garnish part or all of the kicker for those who owe child support, back taxes, court fines, or student loans.

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