Yes the ratio you describe is correct but your interpretation is off. You state: I read:
Medical leave benefits are taxable based on the ratio of employer contributions to total employer and employee contributions.
Now, let's put that into action. Benefits are $20,000 (to keep this easy) times employer contribution of 40% / total of 100% (employee and employer). $20,000 has 40% taxable = $8,000.
The question is, does your form show only the taxable amount or the full amount? Only the taxable portion should be taxed. Some places issue the forms with the correct taxable amount; but, not all.
OR allows employers to pay for the employee share so it could be up to 100% taxable to you. See Paid Leave Oregon. It could be that you paid your full 60% and only 40% is taxable.
You will need to determine the percentage you paid, if the form shows the full amount or the taxable amount, and make the correct entry.
@MoMoneyMoMoneyMoMoney
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