Tax rate used in calculating Oregon state tax for year 2022

Withholding Formula >(Oregon Effective 2022)<

1. Subtract the nontaxable biweekly Thrift Savings Plan contribution from the gross biweekly wages.
   
   

2. Subtract the nontaxable biweekly Federal Health Benefits Plan payment(s) (includes dental and vision insurance program, and flexible spending account - health care and dependent care deductions) from the amount computed in step 1.
   
   

3. Add the taxable biweekly fringe benefits (taxable life insurance, etc.) to the amount computed in step 2 to obtain the adjusted gross biweekly wages.
   
   

4. Multiply the adjusted gross biweekly wages times 26 to obtain the gross annual wages.

5. Subtract the employee’s annualized Federal withholding tax from annualized gross pay to determine annualized taxable wages. The annualized Federal withholding tax to be deducted cannot exceed the maximum amount shown in the following table based on marital status and the annualized gross pay calculated in Step 4.

Tax Withholding Table Single (Regardless of the Number of Exemptions)
If the Amount of Taxable Income Is:		The Maximum Federal Deduction Amount Is:
Over:	But Not Over:
$         50,000	$   125,000	$      7,250
125,000	130,000	5,800
130,000	135,000	4,350
135,000	140,000	2,900
140,000	145,000	1,450
145,000	and over	0





Tax Withholding Table Married (Regardless of the Number of Exemptions)
If the Amount of Taxable Income Is:		The Maximum Federal Deduction Amount Is:
Over:	But Not Over:
$         50,000	$   250,000	$      7,250
250,000	260,000	5,800
260,000	270,000	4,350
270,000	280,000	2,900
280,000	290,000	1,450
290,000	and over	0





6. Determine the standard deduction allowance by applying the following guideline and subtract this amount from the annual wages.

If the Employee is:	The Standard Deduction is:
Single claiming less than 3 exemptions	>$2,420
Single claiming 3 or more exemptions	$4,840
Married	$4,840<

7. If the employee’s annualized gross wages calculated in Step 4 are less than $50,000, calculate the annual tax amount on the adjusted taxable wages using one of the tables below:
   

Tax Withholding Table Married or Single (With Three or More Exemptions)
If the Amount of Taxable Income Is:		The Amount of Oregon Tax Withholding Should Be:
Over:	But Not Over:				Of Excess Over:
$         0	$   7,500	$219	plus	4.75%	$      0
7,500	18,900	575	plus	6.75%	7,500
18,900	and over	1,345	plus	8.75%	18,900





Single (With Less Than Three Exemptions)
If the Amount of Taxable Income Is:		The Amount of Oregon Tax Withholding Should Be:
Over:	But Not Over:				Of Excess Over:
$        0	$       3,750	$   219	plus	4.75%	$      0
3,750	9,450	397	plus	6.75%	3,750
9,450	and over	782	plus	8.75%	9,450



8. If the employee’s annualized gross wages calculated in Step 4 are $50,000 or more, calculate the annual tax amount on the adjusted taxable wages using one of the tables below:
   

Tax Withholding Table Married or Single (With Three or More Exemptions)
If the Amount of Taxable Income Is:		The Amount of Oregon Tax Withholding Should Be:
Over:	But Not Over:				Of Excess Over:
$         0	$   37,910	$0	plus	0%	$      0
37,910	250,000	1,126	plus	8.75%	37,910
250,000	and over	21,347	plus	9.9%	250,000





Single (With Less Than Three Exemptions)
If the Amount of Taxable Income Is:		The Amount of Oregon Tax Withholding Should Be:
Over:	But Not Over:				Of Excess Over:
$        0	$       40,330	$   0	plus	0%	$      0
40,330	125,000	563	plus	8.75%	40,330
125,000	and over	10,674	plus	9.9%	125,000



9. Multiply the number of exemptions by $219 and subtract from the annual tax calculated above to obtain the annual Oregon tax withholding.
   
10. Divide the annual Oregon tax withholding by 26 to obtain the biweekly Oregon tax withholding.<