UPDATE 8/21/2020: Despite our hopes, it appears income taxes were not withheld from most, if not all, of the payments received by SFSD staff. It is critical that you plan accordingly for any potential tax implications resulting from the Work Share program. We are unable to offer any tax advice and highly urge you to reach out to your tax advisor if you have any questions.
UPDATE 7/17/2020: With progress being made every day, it appears income tax withholding requests may be processed in time for income taxes to be withheld from your benefit payments (if you elected such). We urge all staff to carefully review each benefit payment when received and plan appropriately for any possible additional tax due when filing your 2020 personal income tax returns.
We urge you to carefully review each payment to determine if income tax was withheld and plan accordingly as needed per your specific income tax situation. For more information, please consult a tax advisor.
6/10/2020: Due to additional backlogs and Oregon Employment Department resources being focused on claim processing, it is possible that requests for income tax withholding may not be processed prior to your payments being issued.
You are responsible for any income tax implications resulting from your Work Share benefits. Please review your benefit payment information once payments begin to determine if income tax is being withheld and plan appropriately for possible tax due when filing your 2020 income tax returns.