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Income above $200,000 will be withheld at a rate of 1%.Įmployees may use the Metro OPT Form to elect in or out of withholding or to designate a different withholding amount, based on their tax situation.įor more information, including the complete tax codes and opt-in/opt-out forms, and written notification templates, visit Oregon Metro's SHS website. Metro understands the challenge of this transition and will not assess penalties if the withholding is not available in 2021.īeginning January 2022, employers with a Metro location are required to withhold this tax from employees that work within Metro and earn $200,000 or more during the calendar year. However, an employer must offer in writing to withhold the Metro personal income tax from employees’ wages as soon as the employer’s payroll system(s) are able to process withholding. Payroll Withholding Requirements Metro SHS Personal Income Taxįor calendar year 2021, payroll withholding is not required.

The rate will increase by 0.8% in 2026.įor more information, visit Multnomah County's PFA website. The personal income tax rate is 1.5% on taxable income over $125,000 for individuals and $200,000 for joint filers, and an additional 1.5% on taxable income over $250,000 for individuals and $400,000 for joint filers. This program is funded by a personal income tax, which went into effect for tax years beginning on or after January 1, 2021. In 2020, Multnomah County voters approved a measure to establish a tuition-free preschool program. Multnomah County Preschool for All (PFA) Personal Income Tax The personal income tax is 1% on taxable income above $125,000 for individuals and $200,000 for those filing jointly, and a 1% business income tax on net income for businesses with gross receipts above $5 million.įor more information visit Oregon Metro's SHS website. These taxes went into effect for tax years beginning on or after January 1, 2021. The program is funded by two separate taxes: a personal income tax and a business income tax.

In 2020, voters in greater Portland approved a measure to raise money for supportive housing services for people experiencing homelessness or at risk of experiencing homelessness. Overview: SHS and PFA Personal Income Tax Metro Supportive Housing Services (SHS) Personal Income Tax