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New Member
posted Jun 4, 2019 7:13:43 PM

Does Oregon retirees have to pay State taxes if they receive Social Security and retirement?

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2 Replies
New Member
Jun 4, 2019 7:13:45 PM

Oregon doesn't tax Social Security benefits, but most other retirement income is taxed at your top income tax rate. 

However, you can deduct as much as $6,250 of federal income taxes paid on your Oregon return, and there is a retirement-income credit for seniors with certain income restrictions.

Do I qualify for the Oregon Retirement Income Credit?
You qualify for this credit if all of the following are true:
  • You were age 62 or older on December 31, 2015, and receiving retirement income, and
  • Your household income is less than $22,500 ($45,000 if Married Filing Jointly), and
  • Your Social Security benefits and/or tier 1 Railroad Retirement Board benefits are less than $7,500 ($15,000 if Married Filing Jointly), and
  • Your household income plus your Social Security and/or tier 1 Railroad Retirement Board benefits is less than $22,500 ($45,000 if Married Filing Jointly).

New Member
Jun 4, 2019 7:13:46 PM

What percentage of social security income should I set aside for taxes in oregon