- Oregon Form OR-W-4. Because of recent changes to federal Forms W-4 and W-4P, Oregon has a separate withholding statement for state personal income tax withholding. New federal Form(s) W-4 submitted to employers after January 1, 2020, can no longer be used to determine Oregon withholding. Please visit here for more information
- First-time home buyer savings account (FTHBSA). Beginning January 1, 2019, you’re able to save toward your home purchase in a tax-favored account. Contributions to the account and earnings can be claimed as a subtraction on your return.
- Federal tax liability subtraction. The federal tax subtraction limit is $6,800 ($3,400 if married filing separately) for 2019. It may be limited further based on your adjusted gross income (AGI).
- Oregon College and MFS 529 Savings Plans and ABLE account limits. Contribution limits have increased to $4,865 for taxpayers filing joint returns and $2,435 for all others. Note: Tax year 2019 is the last year that a subtraction will be available for contributions, with any excess carried forward for up to four years. To qualify for the subtraction, contributions must have been made in tax years that started before January 1, 2020.
- Working family household and dependent care (WFHDC) credit. Beginning with tax year 2019, all filers will claim the credit on Schedule OR-WFHDC. There’s no longer a separate schedule for part-year or nonresident filers.
For more information, please review the Oregon Instructions.