22 February 2016 Oregon now requires quarterly reporting of employee income tax withheld The Oregon Department of Revenue announced in is February 2016 issue of Payroll Tax News that starting with the filing of the first quarter 2016, Form 132, Unemployment Insurance Employee Detail Report, employers will be required to report in new Column 6 the income tax withheld from each employee. According to representatives of the Oregon Department of Revenue (DOR), this new reporting of detailed employee withholding tax information will assist in preventing individual income tax fraud. In addition, the Department will follow the federal government in accelerating the 2016 Form W-2 filing deadline to January 31, 2017. This new employee detail of income tax withholding information will be in addition to, not a replacement for, the electronic Form W-2 reporting requirement. According to Oregon Employment Department representatives, the Department is currently working on updates to its electronic reporting system and specifications, its processing system, and the paper tax form. It is anticipated that the 2016 Oregon Combined Payroll Tax Report packet, and Form 132, will be issued to employers which file on paper later than in past years, as late as mid-March 2016. Additional information regarding the new reporting requirement will then be posted to the Department's electronic reporting website. (Telephone conversations and email responses, February 19-22, 2016.) Three other states, California, Maine and New York, also require employers to report income tax withholding per employee on their quarterly tax returns. Unlike Oregon, the trade off in these states is that employers are not required to submit annual Forms W-2 to the state (Maine requires Forms W-2 be filed electronically by employers with 250 or more employees and those smaller employers that do not submit the information on a quarterly basis).
Document ID: 2016-0357 | ||||||||||||||||||||
