Will you get money back? Surplus revenue triggers Oregon income tax kicker

Oregon Capitol. (KATU Photo)

SALEM, Ore. - Oregon tax revenues exceeded budget projections, triggering an Oregon income tax "kicker" for the 2016 tax year, the Oregon Department of Revenue said Friday.

The surplus exceeds $463 million.

Under Oregon law, the money must be returned to taxpayers.

"The surplus will be returned to taxpayers through a credit on their 2017 state personal income tax returns filed in 2018," the state said in a statement Friday. "There won't be any kicker checks issued as there were in the past."

A What's My Kicker calculator will go live on the department's website in January.

For now, you can estimate your kicker by multiplying your 2016 tax liability before any credits - line 24 on the 2016 Form OR-40 - by 6.3 percent, the state siad.

"You're eligible to claim the kicker if you filed a 2016 tax return and had tax due before credits," the state said. "Even if you don't have a filing obligation for 2017, you still have to file a 2017 tax return to claim your credit."

The instructions on how to claim your kicker will be part of the 2017 Oregon personal income tax form, the department said in a statement.

"Keep in mind that the state may use all or part of your kicker," the statement noted, "to pay any state debt you owe, such as tax due for other years, child support, court fines, or school loans."

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