More than $4 billion in Oregon kicker credit left unclaimed (2024)

FAQs

More than $4 billion in Oregon kicker credit left unclaimed? ›

So far, more than 950,000 taxpayers have claimed nearly $1.6 billion of the available kicker credit. The Oregon Department of Revenue expects another 1.2 million returns to be filed, which means that more than $4 billion in the surplus remains to be claimed.

Yes. Taxpayers can donate their kicker with a checkbox on their tax return to the Oregon State School Fund for K-12 public education. You must donate the entire amount. If you made a mistake on the kicker donation election and would like to receive a refund, you must amend your return by the filing deadline.

Who is not eligible for the Oregon kicker? If you did not file a 2022 Oregon income tax return or pay any Oregon state income tax due before credits, you will not see an Oregon kicker when filing state return.

So, how much will you get? You can calculate your kicker credit by multiplying line 22 of your 2022 Form OR-40 by 44.28%. For example, if line 22 on your 2022 Oregon return is $5,000, your kicker credit will be $2,214.

​​You can check the status of your refund on our website (Where's My Refund?) or through our automated phone system at 503-378-4988 or toll-free at 800-356-4222. To check your refund status, you'll need: ​​The Social Security number of the first person listed on your return.

Complete the necessary information from your 2022 return to have the credit applied to your 2023 return. You can also use the Oregon Kicker Look-up Tool at https://revenueonline.dor.oregon.gov/tap/_/. For more information regarding the 2023 Oregon "Kicker" credit, please see Oregon's Department of Revenue.

The Oregon Office of Economic Analysis estimates that “the typical Oregon taxpayer will receive a $790 credit on their tax returns” in 2024. See the state's income distribution chart above to estimate how much of a refund you may receive in 2024.

Taxpayers who have not filed a 2022 Oregon income tax return or did not have income tax due for 2022 are not eligible to receive a kicker. The same is true for filers who didn't complete the filing process last year because they failed to respond to letters from the department seeking more information.

All Oregon taxpayers who filed an individual income tax return for the previous year are eligible for the kicker, regardless of their income level. How is the kicker received? The kicker is automatically credited to taxpayers' bank accounts or mailed as a check if they have filed their tax return electronically.

Your kicker is either included in your refund or it will reduce the amount of tax you owe. The Oregon “kicker" tax credit is how the state returns money to taxpayers when there is a revenue surplus. You need to have filed a 2022 tax return to get the kicker credit on your 2023 tax return.

Why is the Oregon kicker so big? ›

The kicker is an Oregon institution, triggered whenever personal income taxes and other non-corporate revenue streams come in at least 2% higher than state economists predicted when legislators were building a two-year budget. In those increasingly common cases, all the excess is “kicked” back to taxpayers.

The kicker will be about 44 percent of the amount you paid in taxes in 2022 and while experts recommend filing early, they don't recommend rushing through the process. A spokesperson for the Oregon Department of Revenue, Robin Maxey, says that rushing is the biggest mistake people make.

A personal exemption credit is available for taxpayers (including both taxpayers who file a joint return) and their qualifying child(ren) and qualifying relative(s). An additional exemption is available if you or your spouse have a severe disability or if you have a child with a qualifying disability.

If you're wondering where your Oregon state tax refund is -- including your share of the state's record kicker tax credit -- the Oregon Department of Revenue has an online tool to find out. The "Where's My Refund tool" lets taxpayers check the status of their refund.

Taxpayers should file just once. Refunds for taxpayers that are new to filing returns may be delayed so we can verify your identity. Taxpayers who receive a letter requesting identity verification are urged to respond promptly through Revenue Online to speed the processing of their return.

On average, taxpayers who file returns using the internet and direct deposit receive refunds two weeks sooner than those who submit paper returns and request paper checks. “After we get past the February 15 refund hold, most people receive their refund about two weeks after they have filed their return,” Maxey said.

According to the Oregon Department of Revenue, a new state tax credit could provide up to $5,000 for Oregon's lowest income families who file an Oregon state income tax return. The Oregon Kids Credit is a refundable credit for low-income people with young dependent children, created by the Legislature in 2023.

Oregon 529 College Savings Network account contributions

A refundable tax credit for the 2023 tax year of up to $170 ($340 if married filing jointly) is available if you make contributions to an Oregon 529 College Savings Network account.

Oregon 2024 kicker finalized at $5.61 billion | Check how much you'll get in your rebate. Oregonians can expect to see roughly 44% of their state income taxes sent back to them when they file next year, state economists have confirmed.