Updated October 5, 2026. Quick answer: No. Oregon has no gift tax for a gift made in 2026. The Legislative Revenue Office’s 2012 report on Measure 84 describes Oregon as having no gift tax: “Oregon currently imposes only an estate tax”. The federal annual exclusion is $19,000 per recipient for 2026.
Putting a loan in writing? The interest limit, the signing rules and the time limit to sue, from the state’s own statutes: Oregon promissory note.
Oregon gift tax at a glance
| Item | What the documents say |
|---|---|
| State gift tax | None |
| What the documents say | The Legislative Revenue Office says Oregon began phasing out its inheritance and gift taxes in 1978 and currently imposes only an estate tax (2012 report) |
| State estate or inheritance tax | Yes: an Oregon estate tax; estates with gross values of $1 million or more must file returns |
| Federal annual exclusion, 2026 | $19,000 per recipient |
| Federal basic exclusion amount, 2026 | $15,000,000 |
| Source | Oregon Legislative Revenue Office; IRS Revenue Procedure 2025-32 |
What the Oregon documents say
The same report says Oregon, beginning in 1978, “started phasing out its inheritance and gift taxes” over ten years, and that Measure 84 would have prohibited “imposition of a gift tax, which Oregon does not currently have”.
Estates, inheritances and gifts near death in Oregon
A 2025 Legislative Revenue Office report on the estate tax says estates with gross values of “equal to $1 million are required to file estate tax returns”.
What applies to a gift from an Oregon resident
Federal gift tax is separate and applies wherever you live. The IRS says gifts “not more than the annual exclusion for the calendar year” are generally not taxable gifts, and Revenue Procedure 2025-32 sets the 2026 annual exclusion at “the first $19,000 of gifts to any person”. The same procedure puts the basic exclusion amount at “$15,000,000 for calendar year 2026”. The IRS adds that “The donor is generally responsible for paying the gift tax”.
An illustration: a $50,000 gift to one child in 2026 is $31,000 above the federal annual exclusion, and Oregon adds no gift tax of its own on top of that. CMG’s gift tax limit and Form 709 who must file pages explain the federal side, and how Oregon taxes 401(k) and IRA withdrawals covers a gift of retirement money.
What the documents do not say
- The gift tax statement is from a 2012 report. No newer Oregon document read repeats it.
Common mistakes
- Concluding that no gift tax means no Oregon tax on large transfers; Oregon’s estate tax applies to estates of $1 million or more.
- Assuming the state answer settles the federal one, or the answer for a gift of property located in another state.
Related: the federal gift tax limit, gift tax by state, Oregon estate tax, and Oregon probate cost.
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Answer againSources
- Measure 84 research report (Oregon estate tax, 2012): https://www.oregonlegislature.gov/lro/Documents/Measure_84_RR_D.pdf
- LRO 1/21/2025 F1 Report #1-25 Section F, Estate Tax: https://olis.oregonlegislature.gov/liz/2025R1/Downloads/CommitteeMeetingDocument/289930
- Revenue Procedure 2025-32 (Internal Revenue Service): https://www.irs.gov/pub/irs-drop/rp-25-32.pdf
- Frequently asked questions on gift taxes (Internal Revenue Service): https://www.irs.gov/businesses/small-businesses-self-employed/frequently-asked-questions-on-gift-taxes
Sources: the primary documents linked above, read on October 5, 2026. General information, not tax advice. Your own facts decide the outcome, and a tax professional or the state agency itself is the right place to confirm anything consequential.