![]() ![]() And, most people who owed the new taxes paid and paid on time.īut a smaller number of tax filers - those who filed with software such as Turbo Tax that did not offer the automated filing, were outside the geographic area, or who did their own taxes - fell outside the tax communication efforts about these new taxes, missed the filing deadline and were subject to interest and penalties. More than 90 percent of County residents do not earn above the income thresholds to owe the Preschool taxes at all. The Preschool for All tax is levied on 1.5% on taxable income for those earning over $125,000 for individuals and $200,000 for joint filers, and an additional 1.5% on taxable income over $250,000 for individuals and $400,000 for joint filers. Both are levied on higher income earners. Both Preschool for All and the Supportive Housing Services taxes took effect in January 2021, after voters approved them in 2020. The Chair’s announcement comes as Metro announces today that it will also waive penalties and interest on all 2021 taxes for the Supportive Housing Services measure. As that is occurring, tax filers may still see materials that reflect penalties and interest for 2021. ![]() Please note that the City of Portland Revenue Division that collects the tax on behalf of Multnomah County is updating its website and online portal to reflect the amnesty. This is a new tax for our region, and we want to give people room to pay it,’’ Chair Vega Pederson said. “We appreciate the community supporting Preschool for All through this tax. Refunds will be issued over the coming months, more information will be shared about the process at a later date. All other penalties and interest associated with tax year 2022 and beyond will remain in effect.Īnyone who has already paid their 2021 tax, and who paid interest and/or penalties for tax year 2021, will receive a full refund for the interest and penalties paid for tax year 2021. Taxpayers who were required to make quarterly payments in tax year 2022 (taxpayers who owe more than $1,000 in tax for the year), will have their interest for quarterly underpayments waived for tax year 2022 only. The Chair announced today that all interest and penalties will be waived for tax year 2021. 2022 taxes are due as usual on April 18, 2023.Those who already paid penalties and interest can obtain a refund. ![]() Those who do owe the tax will pay no interest or penalties for the 2021 tax year.Most area residents do not owe these taxes because they apply to higher incomes.A teacher and student at Harmony Montessori, a Preschool For All participating site Multnomah County Chair Jessica Vega Pederson announced an amnesty today for people who still owe Preschool for All personal income taxes for tax year 2021, waiving all penalties and interest assessed on unpaid tax liabilities regardless of individual circumstances. ![]()
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