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As the midway point of the 2024 income tax extension period approaches, the Oregon Department of Revenue is urging taxpayers who have not yet filed their returns to act promptly—well ahead of the October deadline.
July 15 Marks the Halfway Point of the Extension Period
“July 15 may be just the halfway point of the extension period, but for most people who haven’t yet filed their tax year 2024 return, there’s no reason not to file now,” said David Gerstenfeld, Director of the Oregon Department of Revenue.
The agency emphasizes that while the extension grants additional time to file, it does not extend the deadline to pay any tax owed. Taxpayers who postponed filing and have not paid their balance are accruing late payment penalties and interest, further increasing their liabilities.
File Now—Even If You Can’t Pay in Full
Director Gerstenfeld advised that taxpayers unable to pay their full balance should still file and pay what they can.
“Even if they can’t pay the full amount they owe, they should pay what they can as soon as they can to help lower penalties and interest,” he said. “Filing allows them to set up a payment plan with the state.”
Common reasons for filing extensions include waiting on missing tax documents, facing unexpected hardships, or simply forgetting. Regardless of the reason, once taxpayers have the necessary documentation, they’re encouraged to file without delay.
150,000 Taxpayers Still Expected to File
To date, the Oregon Department of Revenue has processed more than 2.05 million individual income tax returns for tax year 2024. With an estimated 2.2 million total returns expected, roughly 150,000 taxpayers have yet to file.
While some tax situations can be complex and require additional preparation time, Gerstenfeld emphasized that most returns are straightforward and can be filed quickly with free online tools.
Direct File Oregon Still Available
Oregon residents can use Direct File Oregon, the state’s free e-filing platform. Over 13,000 taxpayers have already used the system this year, with nearly 4,700 of them filing after using IRS Direct File for their federal returns.
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