Overview
- State economists confirmed a surplus exceeding $1.41 billion for 2023–2025, triggering the constitutional kicker at 9.863% of 2024 Oregon personal income tax liability.
- The kicker will be delivered as a refundable credit on 2025 state returns filed in 2026 rather than as a check, increasing refunds or lowering tax due.
- Eligibility requires a filed 2024 return and a 2025 return; people with no 2025 filing obligation must still file to receive the credit.
- Taxpayers can estimate their amount with the Revenue Online “What’s My Kicker?” calculator using their name, Social Security number and filing status.
- The state may apply the credit to unpaid debts, while donors can give the entire amount to the State School Fund or direct part or all of a refund to 29 approved charities; the filing start date will be announced in January and Direct File Oregon remains available for free.