Instructions for Form OR-STT-1, 150-206-003 Oregon Quarterly Statewide Transit Tax Withholding Return - Oregon

Form OR-STT-1 (150-206-003) Oregon Quarterly Statewide Transit Tax Withholding Return - Oregon

This document contains official instructions for Form OR-STT-1 , and Form 150-206-003 . Both forms are released and collected by the Oregon Department of Revenue. An up-to-date fillable Form OR-STT-1 (150-206-003) is available for download through this link.

FAQ

Q: What is Form OR-STT-1?
A: Form OR-STT-1 is the Oregon Quarterly Statewide Transit Tax Withholding Return.

Q: Why do I need to file Form OR-STT-1?
A: You need to file Form OR-STT-1 if you are an employer required to withhold statewide transit tax from employee wages.

Q: When is Form OR-STT-1 due?
A: Form OR-STT-1 is due on the last day of the month following the end of each calendar quarter.

Q: How do I fill out Form OR-STT-1?
A: You should report the total amount of statewide transit tax withheld for the quarter, along with other required information such as your business information and employee count.

Q: What if I have no statewide transit tax to report for the quarter?
A: If you have no statewide transit tax to report for the quarter, you still need to file a zero return.

Q: Are there any penalties for not filing Form OR-STT-1?
A: Yes, there are penalties for not filing Form OR-STT-1 or filing it late. It is important to comply with the filing requirements to avoid these penalties.