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fmoconnor
New Member

Is turbotax going to address the proper treatment of ORSTTW and ORSTTT in a timely manner to be able to file Oregon taxes properly?

 
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Is turbotax going to address the proper treatment of ORSTTW and ORSTTT in a timely manner to be able to file Oregon taxes properly?

You can deal with it by editing yoru W-2 as follows:
______________________________________

Some but not all providers are putting two transit tax $$ amounts in box 14 of a W-2.  They appear to be indicating:

ORSTTW = Oregon Statewide Transit Tax "Wages"

ORSTTT = Oregon Statewide Transit Tax "Tax"

For these two entries (if both are present) the correct tax "Category" must be chosen.

_________________________

In box 14 of your W-2:

1)   For the lower $$ amount use the "Category" ORSTT W/H  (the W/H actually stands for WithHolding)

2)  For the larger amount....those are wages...my personal opinion is that they should not be listed at all...but for those select "Other not on above list".

Yes..the "default" Category selection that the software might make, that could cause problems for the box with the wages entry.

___________________

 ( For Desktop/download software  users there is no "OR STT W/H' Category selection .

 Instead, the desktop software has  "Oregon Statewide Transit Tax" ....which is the same thing)

____________*Answers are correct to the best of my knowledge when posted, but should not be considered to be legal or official tax advice.*

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