March 15, 2024 11:00 a.m. 

Oregon taxpayers have already claimed nearly $1.6 billion of the record $5.61 billion surplus revenue kicker tax credit being returned to taxpayers this year.

A release from the Oregon Department of Revenue also reported that it has received more than 950,000 tax returns thus far this year. Another 1.2 million returns are expected to be filed in 2024 and more than $4 billion in kicker surplus remains to be claimed. The tax filing deadline is April 15th.

The kicker – the largest in state history – is being returned to taxpayers through a credit on their 2023 state personal income tax returns filed in 2024. The credit is based on tax liability for the 2022 tax year. Taxpayers who have not yet filed a 2022 tax return, should file now so they can claim their kicker credit when they file their 2023 tax return.

For more information, go to the Oregon surplus kicker credit page on the Department of Revenue website: https://www.oregon.gov/dor/programs/individuals/pages/kicker.aspx