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, 150-555-001 for the current year.
This document contains official instructions for Form OR-TM , and Form 150-555-001 . Both forms are released and collected by the Oregon Department of Revenue. An up-to-date fillable Form OR-TM (150-555-001) is available for download through this link.
Q: What is Form OR-TM?
A: Form OR-TM is the Tri-County Metropolitan Transportation District Self-employment Tax form for Oregon.
Q: What is the purpose of Form OR-TM?
A: The purpose of Form OR-TM is to report and pay self-employment taxes for individuals who are subject to the Tri-County Metropolitan Transportation District tax in Oregon.
Q: Who needs to file Form OR-TM?
A: Individuals who have self-employment income and are subject to the Tri-County Metropolitan Transportation District tax in Oregon need to file Form OR-TM.
Q: When is Form OR-TM due?
A: Form OR-TM is due on April 15th of each year or the following business day if it falls on a weekend or holiday.
Q: Are there any penalties for late filing of Form OR-TM?
A: Yes, there may be penalties for late filing of Form OR-TM. It is important to file and pay your taxes on time to avoid penalties and interest.
Q: How do I fill out Form OR-TM?
A: Form OR-TM requires you to provide your personal information, self-employment income, and calculate your self-employment tax. You may need to refer to your income and expense records to complete the form accurately.
Q: Can I e-file Form OR-TM?
A: Yes, you can e-file Form OR-TM using approved tax software or through a tax professional.
Q: Do I need to include any supporting documents with Form OR-TM?
A: You may need to include supporting documents that verify your self-employment income and expenses. Keep a copy of your records for your own records.
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.