| 2010 Payroll Withholding/Transit Updates |
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| Oregon Withholding Tax Tables |
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Continue using the Oregon Withholding Tax Tables dated January 1, 2007, if your employee's annual wage is less than $125,000.
If your employee's annual wage is $125,000 or more, then use our Payroll Withholding Calculator to estimate the additional amount to withhold.
If you have only a few employees with annual wages of $125,000 or more, your employee can modify Federal form W-4 by using the Oregon Personal Allowances Worksheet and either the online calculator above or the Payroll Withholding Worksheet.
However, the withholding formula can be adjusted with the following updates for 2010:
- Personal exemption credit: $177
- Standard deduction:
- Single-$1,950
- Married-$3,900
- Federal tax subtraction: $5,850
We intend to modify the Oregon Withholding Tax Tables effective January 1, 2011. They will be available the week of November 29, 2010.
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| Transit Rates |
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New transit rates begin January 1, 2010:
- TriMet—0.006818
- Lane—0.0066
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Note: You can receive this information and other updates by subscribing to "Payrolltax-News," an e-mail list that allows subscribers to receive up-to-date payroll tax information.
Subscribe here.
Please provide this information to anyone who would benefit from receiving up-to-date information on the payroll tax programs.
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