Press Article: Over 12,000 Oregon Taxpayers Affected by Employment Department Tax Form Error
Portland, OR – A significant error in tax reporting has impacted over 12,000 taxpayers in Oregon, leading to potential miscalculations in their 2022 income tax returns. The Oregon Employment Department (OED) announced that a mistake occurred involving the issuance of 1099-G tax forms, which report unemployment benefits.
The error arose from incorrect data being printed on the forms due to some taxpayers’ surplus payments that were erroneously flagged as taxable. The OED has confirmed that the 1099-G forms sent out included inaccurate amounts, which could lead to taxpayers overreporting their income when filing their taxes, potentially resulting in higher tax liabilities and refunds than they are entitled to receive.
In response, the OED has assured taxpayers that it is working diligently to rectify the situation. They are reissuing corrected forms and advising taxpayers to await this revised documentation before submitting their tax returns. The agency emphasizes the importance of checking the accuracy of tax records, especially concerning unemployment benefits, which can significantly affect filing outcomes.
Taxpayers who have already filed their tax returns using the erroneous information are encouraged to consult with tax professionals to determine the next steps, which may involve amending their returns to reflect the corrected information.
The OED has also set up a dedicated hotline to assist affected individuals and address any concerns regarding the incorrect tax forms. Officials hope to resolve this matter swiftly to minimize the strain on Oregon taxpayers during the tax season.
As the state reinforces its commitment to transparency and accuracy, affected taxpayers are urged to stay informed and utilize resources provided by the Employment Department to ensure proper filing and compliance with state tax regulations.
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