For those wondering about the discontinuance of the income tax remedy for out-of-state residents, PERS has confirmed that the first check affected by the Legislature’s actions will be the February 1, 2014 check. You may have received a letter about this, but nothing on PERS’ website indicates whether PERS is obliged to send you an individual notification of this reduction BEFORE it hits on 2/1/14. Do not assume that if you haven’t heard from PERS that you aren’t affected. You have until mid-December to confirm your tax status to PERS; otherwise PERS can treat you as an out of state resident if you didn’t pay Oregon Income Tax in 2013 for 2012. If you are an Oregon resident, subject to Oregon Income Taxes (whether you have to pay or not), you are not affected by SB 861 and SB 822, but if you are in ANY doubt, confirm your residency status to PERS using their affidavit. Otherwise, you might find yourself without the income tax subsidy for 2014 and have to wait until 2015 to get it straightened out. Forewarned is forearmed.
Peace out all. This is my final post until I return from Myanmar (Burma) on December 19. I hope that all will have a relaxing and festive Thanksgiving, and a joyous run up to the Winter Holidays.