This version of the form is not currently in use and is provided for reference only. Download this version of Instructions for Form OR-TM-V, 150-555-172 for the current year.
This document contains official instructions for Form OR-TM-V , and Form 150-555-172 . Both forms are released and collected by the Oregon Department of Revenue. An up-to-date fillable Form OR-TM-V (150-555-172) is available for download through this link.
Q: What is Form OR-TM-V?
A: Form OR-TM-V is the Trimet self-employment tax payment voucher for residents of Oregon.
Q: What is Trimet?
A: Trimet is the public transportation agency serving the Portland metropolitan area in Oregon.
Q: Who needs to use Form OR-TM-V?
A: This form is used by self-employed individuals in Oregon who are required to pay Trimet self-employment taxes.
Q: What are Trimet self-employment taxes?
A: Trimet self-employment taxes are taxes levied on self-employed individuals in Oregon to fund the Trimet public transportation system.
Q: What is the purpose of Form OR-TM-V?
A: The purpose of this form is to calculate and pay the Trimet self-employment taxes owed by self-employed individuals in Oregon.
Q: How do I fill out Form OR-TM-V?
A: You should enter your personal information, calculate your self-employment taxes, and make the payment using the voucher.
Q: When is the deadline to file Form OR-TM-V?
A: The deadline to file Form OR-TM-V and make the payment is usually April 15th of each year.
Q: What happens if I don't file Form OR-TM-V or pay the taxes?
A: Failure to file the form or pay the Trimet self-employment taxes may result in penalties and interest charges.
Instruction Details:
Download your copy of the instructions by clicking the link below or browse hundreds of other forms in our library of forms released by the Oregon Department of Revenue.