Friday, October 11

Stimulus check of up to $900 dollars: where and how can you claim it?

Arlenys Tabare's Avatar

By Arlenys Tabare

25 Oct 2023, 11:46 AM EDT

According to the Oregon Office of Economic Analysis (OAS), taxpayers in The entity will be able to receive a stimulus check from a fiscal surplus of $5.61 billion in the state.

According to the agency, Oregon’s surplus credit, called the “kicker,” is a way for the government to refund taxpayers some of their taxes when revenue exceeds expectations.

“Every two years, the Oregon Department of Administrative Services (DAS) Office of Economic Analysis (OAS) determines whether there is a surplus and the amount that will be returned to taxpayers as an incentive. If there is a surplus, The stimulus can be claimed on the return as a refundable tax credit. If there is no surplus, or if the fiscal year is even, there is no additional element available,” the statement said.

Who is eligible?

The way in which you can claim This credit is through the income tax returns corresponding to 2023, which must be submitted next year, the amount of the credit will also take into account the tax obligation for fiscal year 2022.

Therefore, taxpayers who wish to be eligible for the stimulus check must have declared taxes for 2022 and declare those corresponding to 2023, they must not have debts.

If taxpayers are not required to file returns, if they wish to claim the credit, they must do so. Form OR-40 must be used for Oregon residents year-round, Form OR-40-P is for part-time residents and Form OR-40-N is for non-residents.

How much is the amount?

To date, the exact amount that taxpayers will receive in the stimulus check has not been determined; However, it is estimated that The average amount is $900 dollars or more.

To learn more information about this payment you can consult the website of the state Department of Revenue, call 800-356-4222 in Oregon or 503-378-4988 from Salem and outside, as well as send an email to questions.dor @oregon.gov.

Keep reading:

  • Tax credit for working families: where and how to request a payment of up to $1,200?
  • Stimulus check will be sent this week in Alaska: how much is the amount?
  • Tax refund for $250 dollars will be sent before October 31: who will receive it?