Who must pay estimated tax?
Oregon law requires some taxpayers to pay estimated tax. Oregon’s estimated tax system is similar to the federal system, but when you figure estimated tax for Oregon: • Use Oregon income tax laws and tax rates. • Do not include Social Security tax (FICA), self-employment tax, or household employment tax. In most cases, you must make estimated tax payments if you owe $1,000 or more when you file your 2008 Oregon income tax return. That’s tax you owe after you subtract your credits and the tax withheld from your income, but before you subtract any 2007 refund you applied to your 2008 estimated tax.
