Oregon Administrative Rules
Chapter 150 - DEPARTMENT OF REVENUE
Division 316 - PERSONAL INCOME TAX GENERAL PROVISIONS
Section 150-316-0183 - Gross Income of Nonresidents; Retirement Income Derived from Oregon Sources
Universal Citation: OR Admin Rules 150-316-0183
Current through Register Vol. 63, No. 9, September 1, 2024
(1) Federal law (PL 104-95) prohibits states from taxing retirement income received after December 31, 1995, by individuals who are not residents of this state or who are not domiciled in this state.
(a) Individuals who have Oregon as their
domicile are taxed on all their retirement income, unless they meet the
requirements to be taxed as nonresidents, as provided in ORS
316.027(1)(a)(A).
(b) Under Oregon law, Oregon
source retirement income received after December 31, 1995, and before January
1, 2000, is exempt from tax if the person receiving the income is taxed as a
nonresident under ORS
316.027(1)(a)(A),
regardless of where the person's domicile is located.
(c) Beginning January 1, 2000, Oregon source
retirement income is taxable if received by a person who is taxed as a
nonresident but who is domiciled in Oregon. See OAR 150-316.127-(B) for
information on calculating the amount of the Oregon source retirement income
that is subject to tax.
Example 1
: Sam lived and worked in Oregon until his retirement in 1997. At
retirement he gave up his Oregon domicile and moved to Arizona. Following Sam's
change of domicile to Arizona, none of Sam's pension income is taxable by
Oregon.
Example 2
:
Douglas has lived and worked in Oregon all his life. On January 1, 1999, he
retired, sold his personal residence, and took a temporary job working in
Alaska. He plans to work for several years and then return to Oregon to live.
He has not established a new domicile outside of Oregon, nor does he intend to
give up his Oregon domicile. Douglas meets the requirements to be taxed as a
nonresident under ORS
316.027(1)(a)(A).
However, beginning January 1, 2000, his Oregon source pension will be taxable
by Oregon because he has retained Oregon as his domicile. Douglas will follow
the provisions of OAR 150-316.127-(B) to determine the amount taxable to
Oregon.
(2) Definitions.
(a) "Domicile" means the place
an individual considers to be the individual's true, fixed, permanent home.
Domicile is the place a person intends to return to after an absence. A person
can only have one domicile. It continues as the domicile until the person
demonstrates an intent to abandon it, to acquire a new domicile, and actually
resides in the new domicile. Factors that contribute to determining domicile
include family, business activities and social connections.
(b) "Retirement income" has the same meaning
as in 4 USC
114 and means income from:
(A) Qualifying employer pension and profit
sharing plans exempt from tax under Internal Revenue Code (IRC) Section 401(a),
such as corporate retirement plans and "Keogh" plans;
(B) Annuity plans (IRC 403(a) and IRC
403(b));
(C) Cash or deferred
compensation arrangements (IRC 401(k) plans and 457 plans);
(D) Simplified employee pension plans
("SEPs") under IRC 408(k);
(E)
Individual retirement arrangements ("IRAs") and Roth IRAs under IRC 408(a),
408(b), and 408A;
(F) Plans
established and maintained by federal, state or local government for the
benefit of employees (IRC 414(d));
(G) Any retired or retainer pay of a member
or former member of a uniform service computed under chapter 71 of Title 10 of
the United States Code;
(H)
Trusts, as described in IRC 501(c)(18), that were created before June 25, 1959,
that meet the specific requirements of that IRC section;
(I) Simple retirement account under IRC
408(p);
(J) Payments received from
nonqualified deferred compensation plans (as described in IRC 3121(v)(2)(C)) if
the payments:
(i) Are part of a series of
substantially equal periodic payments that are made for the life or life
expectancy of the recipient (or the joint lives or joint life expectancies of
the recipient and the designated beneficiary of the recipient), or for a period
of at least 10 years; or
(ii) Are
received after termination of employment and are paid under a plan, program, or
arrangement maintained solely for the purpose of providing retirement benefits
that exceed the amounts allowed under the qualified retirement plans described
in paragraph 1 of this rule.
(c) Retirement income does not include income
received from stock options, restructured stock plans, severance plans, or
unemployment benefits.
Stat. Auth.: ORS 305.100
Stats. Implemented: ORS 316.127
Disclaimer: These regulations may not be the most recent version. Oregon may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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