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One State Has a $300,000,000 Stimulus Check Problem
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Progress stalls on push to refund $300 million in Oregon taxes on stimulus checks
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Tax assessor missed error on fire survivors tax bills – Medford News, Weather, Sports, Breaking News
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Progress stalls on push to refund $300 million in Oregon taxes on stimulus checks
Today 6:44 AM
Oregonians who received stimulus payments still came out way ahead, but they owed an extra $333 in state taxes on average.
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Oregon lawmakers appeared on a fast track last March to refund $300 million in personal income taxes the state collected on federal stimulus payments over the past year.
Members of both parties agreed that Congress never intended those stimulus checks to be taxed, and lawmakers seemed to be working collaboratively on a solution that would refund most or all of the money to 900,000 Oregon taxpayers.
May 17, 2021
The deadline to file state and federal personal income tax returns May 17 is approaching, and the Oregon Department of Revenue estimates it will receive more than half a million more returns between now and then.
At least 1.5 million Oregonians have already filed their state personal income tax returns. The department is expecting about 2.2 million returns this year.
While most returns are processed without issue, there are a number of reasons returns may get flagged for additional review, including miscalculations on the return, misapplied payments, or missing documentation. Some of these can be corrected automatically, but others may require a request for more information or validation of the information by a staff member.