Fillable Form Ltd - Self-Employment Tax - Lane County

2012 Lane County Mass Transit District

Form LTD and Instructions

LTD Self-Employment Tax

These instructions aren't a complete statement of laws and rules that apply to the Lane County Mass

Transit District self-employment tax. For more information, visit , on

the left menu, go to Self-Employment Taxes, then click on Transit District Self-Employment Taxes.

• Real estate agents. Federal laws generally treat real estate

New information

agents as self-employed. This includes those who provide

services to real estate brokers under contract. This means

New tax rate. Beginning January 1, 2012, the tax rate has

that commissions on sales are subject to the LTD self-

increased to 0.0068.

employment tax.

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

Important reminders

year begins in 2012, you should file on a 2012 tax return.

The Lane Transit District (LTD) now has it's own payment

Partnerships

voucher, Form LTD-V. Please include this voucher with your

payment.

Partnerships are not subject to LTD self-employment tax.

If your partnership uses a fiscal year, you still must file on a

The individual self-employed members of the partnership

are responsible for filing and paying the tax. But, a partner-

calendar year basis.

ship may choose to file one transit self-employment tax

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

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

“Partnership election” instructions.

Self-employment income is apportioned to Oregon using a 100

percent sales factor unless you meet one of these exceptions.

Exemptions

• A taxpayer primarily engaged in utilities or telecommuni-

• Ministers. Compensation received by a minister or mem-

cations may elect to use the double-weighted sales factor

ber of a religious order when performing religious services

formula.

is not subject to this tax. However, compensation received

for performing religious services as an independent con-

What is the LTD self-employment tax?

tractor has been and remains subject to this tax.

• Insurance agents. Applies only to insurance related

The Lane transit tax helps fund mass transportation in

income. Non-insurance related self-employment activities

the Lane Transit District (LTD). This tax is applied to self-

are subject to this tax (ORS 731.840).

employment earnings of individuals doing business or

• C and S corporation distributions are not subject to this

providing services in the district. The Oregon Department

tax. However, all employers who pay wages for services

of Revenue collects the tax for Lane transit.

performed in the district must pay a transit payroll tax. This

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

includes corporation officers who receive compensation for

page 4. For more information, call LTD at 541-682-6100, or

services performed. For more information about payroll

access their website at

transit tax, call 503-945-8091.

The tax rate is 0.0068 (0.6800 of 1 percent).

How to file

Who must file and pay this tax?

Complete Form LTD, Lane County Mass Transit District Self-

Employment Tax return and include the following:

Individuals

• Federal Schedule SE.

Anyone who has self-employment earnings from business

• Form TSE-AP if you are apportioning.

or service activities carried on in the Lane Transit District

Make your check or money order payable to "Oregon

must pay this tax.

Department of Revenue."

People who must pay the self-employment tax include:

On your check, write the following:

• Self-employed individuals, sole proprietors, independent

• Daytime telephone number.

contractors, members of a partnership, and persons who

• Tax year.

have net self-employment earnings of greater than $400

• Form LTD.

from doing business or providing services within LTD.

• SSN or FEIN.

150-560-001 (Rev. 10-12)

Form Ltd - Self-Employment Tax - Lane County - 2012

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