According to the Oregon Office of Economic Analysis (OEA), there was a $1.9 billion tax surplus in 2021. The kicker activates when Oregon's state revenue exceeds the expected revenue by at least 2%. When this occurs, an amount calculated by OEA is returned to the taxpayers through a credit on their tax returns.
To claim the surplus "Kicker" credit on your 2021 Oregon return, please follow the steps listed below.
- Log into the account
- State Section
- Edit the Oregon return
- Refundable Credits
- Surplus Credit (Kicker)
- Complete the necessary information from your 2020 return to have the credit applied to your 2021 return.
For more information regarding the 2021 Oregon "Kicker" credit, please see Oregon's Department of Revenue article.