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Taypayers To See Kicker

SALEM — A more than $436 million tax surplus was confirmed by the Office of Economic Analysis, triggering a tax surplus credit, or “kicker,” for the 2016 tax year.

The surplus will be returned to taxpayers on a credit on their 2017 state personal income tax returns filed in 2018. There won’t be any kicker checks issued as there were in the past.

To calculate the amount of your credit, multiply your 2016 tax liability before any credits — line 24 on the 2016 Form OR-40 — by 6.3 percent. This percentage is determined and certified by the Office of Economic Analysis. Taxpayers who claimed a credit for tax paid to another state subtract the credit amount from their liability before calculating the credit.

You’re eligible to claim the kicker if you filed a 2016 tax return and had tax due before credits. Even if you don’t have a filing obligation for 2017, you have to file a 2017 tax return to claim your credit.

The state may use all or part of your kicker to pay any state debt you owe, such as tax due for other years, child support, court fines, or school loans.

For more information: 503-378-4988, or email questions.dor@oregon.gov.

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