Good afternoon

For the Federal Tax subtraction calculation you would want to include both the first and second stimulus payment. Although the second stimulus payment was issued in the year 2021, the way the legislation was passed it’s intended to be a credit that affects the 2020 tax period and would therefore be used in the Oregon Federal Tax subtraction calculation for the 2020 return. Our e-filing coordinators have clarified this matter with the tax software vendors and asked they update their forms to correctly calculate this subtraction, the tax software companies should be updating their programs accordingly.

Thank you

Our response is based on the information you included in your e-mail.  If your situation or facts change, or you need more information, please contact the Department of Revenue again. 

Best Regards,    

Crisel

Tax Practitioner Specialist

Oregon Department of Revenue

Office: 503-947-3541

               503-378-4988

Fax:       503-945-8736

Email: [email address removed]

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