Oregon’s 2022 withholding formulas were released Dec. 1 by the state revenue department.
Compared to the 2021 formulas, the value of a state allowance in the 2022 formulas increased to $219, from $213. The state standard deductions increased to $4,840 for married employees and for single employees who claim at least three allowances, and to $2,420 annually for other single employees, from $4,700 and $2,350, respectively.
The maximum amount of federal withholding that can be subtracted from wages increased to $7,250, from $7,050, the department said.
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