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New Oregon tax credit offers relief up to $5,000 for state's low-income families

Summary by Ground News

The Oregon Kids Credit is a refundable credit for low-income people with young dependent children. The full credit is $1,000 per child for up to five dependent children under the age of six. A partial credit is available for individuals and families with an MAGI up to $30,000. All three credits are fully refundable, meaning the portion of the credit that is larger than what a taxpayer owes can be refunded.

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New Oregon tax credit offers relief up to $5,000 for state's low-income families

According to the Oregon Department of Revenue, a newstate tax credit could provide up to $5,000 for Oregon’s lowest income families.

1 year ago·Eugene, United States

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KVAL broke the news in Eugene, United States 1 year ago on Thursday, February 15, 2024.

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