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This version of the form is not currently in use and is provided for reference only. Download this version of
Form OR-TM (150-555-001)
for the current year.
Form OR-TM (150-555-001) Tri-County Metropolitan Transportation District Self-employment Tax - Oregon
What Is Form OR-TM (150-555-001)?
This is a legal form that was released by the Oregon Department of Revenue - a government authority operating within Oregon. Check the official instructions before completing and submitting the form.
FAQ
Q: What is OR-TM (150-555-001)?
A: OR-TM (150-555-001) refers to a tax form used for reporting self-employment earnings in the Tri-County Metropolitan Transportation District (TriMet) in Oregon.
Q: What is the Tri-County Metropolitan Transportation District?
A: The Tri-County Metropolitan Transportation District, commonly known as TriMet, is a regional transit provider in the Portland metropolitan area of Oregon.
Q: What is self-employment tax?
A: Self-employment tax is a tax imposed on individuals who work for themselves and are not classified as employees.
Q: Who needs to file OR-TM (150-555-001)?
A: Individuals who have self-employment income within the TriMet district in Oregon need to file OR-TM (150-555-001).
Q: What do I need to report on OR-TM (150-555-001)?
A: OR-TM (150-555-001) is used to report self-employment earnings within the TriMet district, including income from services performed as an independent contractor or business owner.
Q: When is the deadline for filing OR-TM (150-555-001)?
A: The deadline for filing OR-TM (150-555-001) is usually April 15th of each year, unless this date falls on a weekend or holiday. In that case, the deadline is extended to the next business day.
Q: Are there any exemptions or deductions for OR-TM (150-555-001)?
A: There may be certain exemptions and deductions available for OR-TM (150-555-001), depending on your specific circumstances. It is advisable to consult with a tax professional or refer to the instructions provided with the form.
Q: What happens if I don't file OR-TM (150-555-001)?
A: Failure to file OR-TM (150-555-001) or accurately report your self-employment earnings within the TriMet district may result in penalties and interest imposed by the Oregon Department of Revenue.
Form Details:
- Released on July 14, 2020;
- The latest edition provided by the Oregon Department of Revenue;
- Easy to use and ready to print;
- Quick to customize;
- Compatible with most PDF-viewing applications;
- Fill out the form in our online filing application.
Download a fillable version of Form OR-TM (150-555-001) by clicking the link below or browse more documents and templates provided by the Oregon Department of Revenue.
Download Form OR-TM (150-555-001) Tri-County Metropolitan Transportation District Self-employment Tax - Oregon
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