Is There a Tax Penalty for No Health Insurance Oregon?

Is is There a Tax Penalty for No Health Insurance Oregon worth your attention? Uncover key highlights in our dedicated article.

Personal income tax penalties. You will owe a 5 percent late-payment penalty on any Oregon tax not paid by the original due date of the return, even if you have filed an extension.

When do you have to pay Oregon taxes?

For tax year 2019, the return due date and payment due date is July 15, 2020 for calendar year filers. Oregon doesn’t allow an extension of time to pay, even if the IRS allows an extension. You will owe a 5 percent late-payment penalty on any Oregon tax not paid by the original due date of the return, even if you have filed an extension.

Do you have to pay taxes if you don’t have health insurance?

If you live in a state that requires you to have health coverage and you don’t have coverage (or an exemption): You’ll be charged a fee when you file your 2019 state taxes. You won’t owe a fee on your federal tax return.