Certain installment plans that require you to pay federal interest on the deferred tax liability are also subject to interest on the Oregon return.
What is the interest rate for 2022?
For 2022, the interest rate will remain at 4%.
Where do I enter this in the program?
If this tax applies to you, you may enter it in your account by going to:
- State Section
- Edit (three dots)
What else do I need to know?
For additional information on installment sales, please refer to IRS Publication 537 and the Oregon instructions