What Is The Oregon Kicker For 2024
What Is The Oregon Kicker For 2024. This is the largest surplus in oregon state history and will be returned to taxpayers through a credit on their 2023 personal tax returns filed in 2024. State economist mark mcmullen told lawmakers that could mean oregon will send $582 million back to taxpayers in 2026, in what would be the state’s sixth consecutive kicker refund.
On october 9th of 2023, oregon announced a record $5.6 billion dollar revenue surplus to be returned to taxpayers in the form of an income tax credit known as the oregon “kicker” credit. The kicker—the largest in state history—is being returned to taxpayers through a credit on their 2023 state personal income tax returns filed in 2024.