payroll: Oregon State Tax Tables

[paynews <paynews@uoregon.edu>]

Yesterday's 2011 Payroll Updates email has prompted a number of questions 
about the statement that the "State of Oregon is phasing out the full 
subtraction of federal taxes withheld for employees who have annual wages 
above $50,000."

Basically, the tax table formulas have been adjusted so that more taxes 
will be withheld for employees with wages over $50,000 per year.

The computation is very complicated, more than in prior years.  The phase 
out uses a graduated table with a second set of graduated income brackets. 
This permits a computation prior to starting the formula for the tax 
calculation.

The following is the link to the Oregon Withholding Tax Formulas:

http://www.oregon.gov/DOR/forms/business/withholding_formulas_150-206-436_2011.pdf?ga=t

The UO uses the annual formulas.

-  See page 8 for "Annual wages of $50,000 or higher."
-  See page 3 for computation examples.
-  See page 14 for Frequently Asked Questions

Please route this message to the employees on your departmental mailing 
list server.

Thanks very much.

Judy Duff
Payroll Manager, Business Affairs
541.346.1104

To view all payroll messages posted since January 2008 visit our
archive at http://www.uoregon.edu/~paynews/payroll