Forecast: Oregonians to See Record Tax Refund Credit

SALEM, Ore. (AP) Oregon taxpayers will see the largest-ever state income tax refund next year, thanks to state revenue coming in at more than 9% above projections, state economists said Wednesday.

They say the top 1% of taxpayers can expect refunds of $15,214, while the median refund will be $346.

The average payout to all taxpayers is expected to be $739.

A total of more than $1.57 billion is expected to flow back to personal income taxpayers after they file their 2019 returns.

That compares to a refund projection in May of a little more than $1.4 billion.

The latest tally given to lawmakers continues a trend over the past two years, as state tax revenue outpaces expectations, Oregon Public Broadcasting reported .


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