Oregon Statutes 657.144 – Notice to individual of effect of filing claim for benefits; earned income tax credits
(1) An individual filing a new claim for benefits under this chapter shall, at the time the claim is filed with the Employment Department, be advised that:
Terms Used In Oregon Statutes 657.144
- Benefits: means the money allowances payable to unemployed persons under this chapter. See Oregon Statutes 657.010
- employment: includes service that is:
(a) Subject to the tax imposed by the Federal Unemployment Tax Act; or
(b) Required to be covered under this chapter as a condition for employers to receive a full tax credit against the tax imposed by the Federal Unemployment Tax Act. See Oregon Statutes 657.030
- Internal Revenue Code: means the federal Internal Revenue Code, as amended and in effect on December 31, 2022. See Oregon Statutes 657.010
(a) Benefits are subject to federal and state income tax;
(b) Federal and state law may require that a recipient of benefits make quarterly estimated tax payments during the tax year in which the benefits are received;
(c) Federal and state law may impose penalties on a recipient of benefits for the failure to timely make estimated tax payments; and
(d) A recipient of benefits may elect under ORS § 657.146 to have amounts withheld from the recipient’s payment of benefits for federal and state income tax purposes at the amount specified in:
(A) The federal Internal Revenue Code for the voluntary withholding of unemployment benefits for federal income tax purposes; and
(B) ORS § 657.146 for the voluntary withholding of unemployment benefits for state income tax purposes.
(2) The Employment Department shall provide information to recipients of unemployment insurance benefits about the state and federal earned income tax credits. [1995 c.556 § 54; 1997 c.133 § 1; subsection (2) of 2017 Edition enacted as 2017 c.333 § 2]
657.144 (2) was enacted into law by the Legislative Assembly but was not added to or made a part of ORS Chapter 657 or any series therein by legislative action. See Preface to Oregon Revised Statutes for further explanation.
[1977 c.447 § 2; repealed by 1983 c.508 § 14]