US EditionSee How Big a Refund You’ll Get From Oregon’s $1.4B Kicker Next Year
The $1.41 billion kicker credit results from Oregon’s revenue surpassing projections by over 2% due to strong income and investment tax collections in 2024.
- On Nov 7, 2025, the Oregon Office of Economic Analysis certified a $1.41 billion revenue surplus for the 2023-2025 biennium that triggered the kicker law, with credits returning on 2025 state personal income tax returns filed in 2026.
- Strong 2024 tax collections and investment gains drove the surplus, as State Economist Carl Riccadonna, hired last year, adjusted forecasting models used by OEA to better capture dividend, interest, retirement and capital gains income.
- The credit equals 9.863% of 2024 Oregon personal income tax liability, and a $5,000 example tax liability yields a $493 kicker credit, according to ODR's 'What's My Kicker?' calculator.
- The credit will increase refunds or reduce owed amounts, and Oregon taxpayers must file a 2025 return to claim it even if they lack a filing obligation, with donations to approved charities or the State School Fund being permanent, ODR said.
- This surplus is the fourth-largest and follows a $5.6 billion refund in 2024, marking the sixth consecutive kicker cycle under Oregon's law ; State Economist Carl Riccadonna adjusted forecasting models to reduce future kicker payments.
14 Articles
14 Articles
Oregon taxpayers will see a $1.4B kicker in 2026. How much will you get?
PORTLAND, Ore. (KOIN) – Oregonians continue to face financial uncertainty due to rising costs and layoffs, but when they file their taxes next year, they can expect to see some extra cash in their pockets. The Oregon Department of Revenue confirmed an over $1.41 billion revenue surplus in the 2023-2025 biennium, which means taxpayers will get the unused cash back. Close Thanks for signing up! Watch for us in your inbox. …
Oregon taxpayers to receive kicker credit on 2025 Oregon tax returns
SALEM, Ore. (KTVZ) -- Oregonians can plan to receive a kicker credit on their tax returns next year for 2025. According to the Oregon Department of Revenue, a more than $1.41 billion revenue surplus in the 2023-2025 biennium will trigger a kicker credit for the 2025 tax year. The credit will either increase your tax
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