Version 2.1 by christie w on 2023/02/01 22:15
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christie w 2.1 1 The new OR STT, effective on all paychecks issued on or after July 1, 2018, is deducted from employee wages at a rate of 0.1% on all Oregon Wages.
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christie w 2.1 3 Payment for the STT tax is made quarterly with a payment voucher and an annual reconciliation report is due each January for the year just ended. Both will be included in the Print & Mail Reports once they have been approved by Oregon for submission.
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christie w 2.1 5 To set up the new Oregon STT deduction in your payroll program:
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8 ** Go to Payroll Items and on the left side where you see your employee names click on **"Employee List Settings** " in red at the top of the list.** **
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11 ** To the left under **"Deductions"** in red click on the **"NEW"** box.
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14 ** From the **"Type**" drop down menu choose **"Training"** ~-~-** Although technically it is not a training tax, choose Training for the Type as it will then show up on the payment voucher and annual reconciliation report for the Oregon STT**
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17 ** From the **"Calculation Method"** drop down menu choose **"Percent of Gross"**
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20 ** In the rate box below enter** 0.1**
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23 ** If you post your payroll to **Quickbooks** choose the **Liability Account **under the **"Accounting Links"** to post the STT tax to
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26 ** Click **OK** to create the OR STT deduction