SALEM — There will be a “kicker” issued for this year, but won’t be any kicker checks issued as there have been in the past.
A more than $402 million tax surplus was confirmed by the Office of Economic Analysis during the first week of October.
The surplus triggered a tax surplus credit, or “kicker,” for the 2014 tax year.
To claim the kicker, you must file a 2015 tax return. To calculate the amount of credit, multiply your 2014 tax liability before any credits, except credits for taxes paid to other states, by 5.6 percent.
Detailed information on how to claim your credit will be in the 2015 Oregon personal income tax return instructions.
For more information: www.oregon.gov/dor.