Pay estimated tax for tax year 2022 if:
You expect your 2022 tax after all credits and withholding will be $1,000 or more when you file your return and you estimate that your total withheld tax will be less than:
• One hundred percent of the tax shown on your 2021 income tax return that covered all 12 months of the year; or
• Ninety percent of the tax to be shown on your 2020 income tax return. Even if you expect that your 2021 tax after all credits and withholding will be less than $1,000, you may still make estimated tax payments.
For instructions and examples, download Publication OR-ESTIMATE from our website or contact us to order it.
Note: Estimated tax payments aren’t a substitute for withholding Oregon income tax from wage income. If you need to increase the amount of Oregon tax withheld from your wages or other income, give an updated Form OR-W-4 to your employer or other payer. You can download Form OR-W-4 from our website or contact us to order it.