Fillable Form Tm - Trimet Self-Employment Tax

2011 Tri-County Metropolitan Transportation District

Form TM and Instructions

TriMet Self-Employment Tax

These instructions are not a complete statement of laws and rules that apply to the Tri-County

Metropolitan Transportation District self-employment tax. For more information, visit

• Real estate salespeople. Federal laws generally treat real

New information

estate salespeople as self-employed. This includes those

who provide services to real estate brokers under contract.

For 2011, the TriMet return and tax is due on or before April

This means that commissions on sales are subject to the

17, 2012. The change is due to a Federal holiday. Partnerships

TriMet self-employment tax.

with a fiscal year still must file on a calendar year basis.

• Fiscal year filers. If you are a fiscal year filer and your tax

TriMet now has its own payment voucher: Please include

year begins in 2011, you should file on a 2011 tax return.

Form TM-V with your payment.

Partnerships

New tax rate: Beginning January 1, 2011, the tax rate has

increased to 0.006918.

Partnerships are not subject to the TriMet self-employment

tax.

Important reminders

The individual self-employed members of the partnership

are responsible for filing and paying the tax. However, a

For tax years beginning on or after July 1, 2005:

partnership may choose to file one transit self-employment

Self-employment income is apportioned to Oregon using a 100

tax return and pay the tax for all of its individual partners.

percent sales factor unless you meet one of these exceptions.

See “Partnership election” instructions.

• A taxpayer primarily engaged in utilities or telecom-

Exemptions

munications may elect to use the double-weighted sales

• Ministers—Compensation received by a minister or mem-

factor formula.

ber of a religious order when performing religious services

is not subject to this tax. However, compensation received

What is the TriMet self-employment tax?

for performing religious services as an independent con-

tractor has been and remains subject to this tax.

The TriMet tax helps fund mass transportation in the TriMet

District. This tax is applied to self-employment earnings of

• Insurance agents—Applies only to insurance-related

individuals doing business or providing services in the dis-

income. Noninsurance-related self-employment activities

trict. This includes portions of Multnomah, Clackamas, and

are subject to this tax (ORS 731.840).

Washington counties. The Oregon Department of Revenue

• C and S corporation distributions are not subject to this

collects the tax for TriMet.

tax. However, all employers who pay wages for services

A list of ZIP codes included in the district boundary is on

performed in the district must pay a transit payroll tax.

page 4. For more information, call TriMet at 503-962-6466, or

This includes corporation officers who receive compensa-

visit

tion for services performed. For more information about

payroll transit tax, call 503-945-8091.

The tax rate is 0.006918 (0.6918 of 1 percent).

How to file

Who must file and pay this tax?

Complete Form TM, TriMet Self-Employment Tax Return and

Individuals

include the following:

Anyone who has self-employment earnings from business

• Federal Schedule SE.

or service activities carried on in the TriMet District must

• Form TSE-AP if you are apportioning.

pay this tax.

Make your check or money order payable to "Oregon

People who must pay the self-employment tax include:

Department of Revenue."

On your check, write the following:

• Self-employed individuals, sole proprietors, independent

• Daytime telephone number.

contractors, members of a partnership, and persons who have

• Tax year.

net self-employment earnings greater than $400 from doing

• "Form TM."

business or providing services within the TriMet District.

150-555-001 (Rev. 10-11)

Form Tm - Trimet Self-Employment Tax - 2011

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