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Ore. Agency Asks Filers To Delay Acting On Federal Tax Relief

By Daniel Tay · 2021-03-15 17:26:47 -0400

The Oregon tax department asked taxpayers affected by federal tax relief on unemployment benefits to delay amending their returns until there is additional information from the Internal Revenue Service and the state tax department.

The state Department of Revenue recommended in a Friday statement that taxpayers affected by the passage of the American Rescue Plan delay amending or filing their returns. The act, which exempts up to $10,200 of unemployment benefits received in 2020 per individual as part of a broader plan to address the effects of the novel coronavirus pandemic, was signed by President Joe Biden on Thursday.

Once the IRS provides guidance on how to address the "unique change in law made in the middle of tax filing season," the department will provide further guidance on its website, it said.

--Editing by Neil Cohen.

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