This article will assist you with understanding Oregon's other addition and other subtraction codes from Schedule OR-ASC, Oregon Adjustments for Form OR-40 Filers. Information in this article is taken from the Publication OR-CODES.
Step 1: Complete the table in Section 1 with the code and amount reported for each addition. Each code should only be listed once.
Step 2: Fill in the total of all additions. Enter this amount on Form OR-40, line 8.
Step 1: Complete the table in Section 2 with the code and amount reported for each subtraction that isn’t listed on the return. Each code should only be listed once.
Step 2: Fill in the total of all subtractions. Enter this amount on Form OR-40, line 13.
Description | OR-40 | OR-40-N | OR-40-P | Code |
Certain business expenses of reservists, performing artists, and fee-basis government officials–Form 1040, Schedule 1, Line 12 | | X | X | 2 |
Health savings account deduction—Form 1040, Schedule 1, Line 13 | | X | X | 3 |
Penalty on early withdrawal of savings—Form 1040, Schedule 1, Line 18 | | X | X | 4 |
Other adjustments on Form 1040, Schedule 1, Line 23 and 25 | | X | X | 5 |
Description | OR-40 | OR-40-N | OR-40-P | Code |
Claim of right income repayments | X | X | X | 103 |
Disposition of inherited Oregon farmland or forestland | X | X | X | 106 |
Federal election on interest and dividends of a minor child | X | X | X | 107 |
Federal income tax refunds | X | | | 109 |
Net operating loss—non-Oregon source | X | X | X | 116 |
Oregon College and MFS 529 Savings Plan subtraction nonqualified withdrawal | X | X | X | 117 |
Oregon deferral of reinvested capital gain | X | X | X | 118 |
Partnership and S corporation modifications for Oregon | X | X | X | 119 |
Unused business credits | X | X | X | 122 |
Federal subsidies for employer prescription drug plans | X | X | X | 123 |
Federal law disconnect | X | X | X | 131 |
Accumulation distribution from certain domestic trusts | X | X | X | 132 |
Fiduciary adjustment from Oregon estates and trusts | X | X | X | 133 |
Gambling losses claimed as an itemized deduction | X | | | 134 |
Refund of Oregon-only itemized deductions from a prior year | X | X | X | 136 |
IDA nonqualified withdrawal | X | X | X | 137 |
Oregon IDA Initiative Fund donation credit add back | X | | | 138 |
Lump-sum distribution from a qualified retirement plan | X | X | X | 139 |
Passive foreign investment company income | X | X | X | 140 |
Child Care Fund contributions | X | | | 142 |
Oregon Production Investment Fund contributions | X | | | 144 |
University Venture Development Fund contributions | X | | | 146 |
Income taxes paid to another state by a pass-through entity | X | X | X | 148 |
Basis of business assets transferred into Oregon | X | X | X | 150 |
Depletion in excess of property basis | X | X | X | 151 |
Depreciation difference for Oregon | X | X | X | 152 |
Federal depreciation disconnect | X | X | X | 153 |
Gain or loss on sale of depreciable property with different basis for Oregon | X | X | X | 154 |
Passive activity losses | X | X | X | 155 |
Suspended losses | X | X | X | 156 |
Federal estate tax | X | | | 157 |
Interest and dividends on government bonds of other states | X | X | X | 158 |
Federal subtraction for retirement savings rollover from individual development account | X | X | X | 159 |
Disqualified charitable donations | X | | | 160 |
Nonresident capital losses and loss carryovers | X | X | X | 161 |
Capital loss carryover difference | X | X | X | 162 |
WFHDC medical expenses | X | | | 163 |
ABLE account subtraction nonqualified withdrawal | X | X | X | 164 |
College Opportunity Grant contributions | X | | | 165 |
First-time home buyer savings account nonqualified withdrawal | X | X | X | 166 |
PTE-E tax deducted on entity-level federal return | X | X | X | 167 |
CPAR addition | X | X | X | 187 |
Description | OR-40 | OR-40-N | OR-40-P | Code |
American Indian | X | X | X | 300 |
Artist's charitable contribution | X | | | 301 |
Construction worker and logger commuting expenses | X | X | X | 303 |
Federal gain previously taxed by Oregon | X | X | X | 306 |
Federal pension income | X | X | X | 307 |
Federal income tax paid for a prior year | X | | | 309 |
Fiduciary adjustment from Oregon estates and trusts | X | X | X | 310 |
Foreign income tax | X | | | 311 |
IDA contributions | X | X | X | 314 |
Interest and dividends on U.S. bonds and notes | X | X | X | 315 |
Land donation to educational institutions carryforward | X | X | X | 316 |
State and local government bond interest | X | X | X | 317 |
Military pay | X | X | X | 319 |
Federal mortgage interest credit | X | | | 320 |
Net operating loss for Oregon | X | X | X | 321 |
Oregon Lottery winnings | X | X | X | 322 |
Partnership and S corporation modifications for Oregon | X | X | X | 323 |
Oregon College and MFS 529 Savings Plan deposits carryforward | X | X | X | 324 |
Oregon income tax refund | | X | X | 325 |
Previously taxed employee retirement plan contributions | X | X | X | 327 |
Public Safety Memorial Fund award | X | X | X | 329 |
Railroad Retirement Board benefits | X | X | X | 330 |
U.S. government interest in IRA or Keogh distributions | X | X | X | 331 |
Scholarship awards used for housing expenses | X | X | X | 333 |
Legislative Assembly expenses | X | X | X | 335 |
Film production labor rebate—Greenlight Oregon Labor Rebate Fund | X | X | X | 336 |
Manufactured dwelling park capital gain exclusion | X | X | X | 338 |
Capital Construction Fund contributions | X | X | X | 339 |
Federal tax credits | X | X | X | 340 |
Income on a composite return | | X | X | 341 |
Oregon Investment Advantage | X | X | X | 342 |
Manufactured dwelling park closure payments | X | X | X | 344 |
Taxable benefits for former RDPs | X | X | X | 347 |
Previously taxed IRA conversions | X | X | X | 348 |
Special Oregon medical | X | X | X | 351 |
DISC dividend payments | X | X | X | 352 |
Depreciation difference for Oregon | X | X | X | 354 |
Gain or loss on sale of depreciable property with different basis for Oregon | X | X | X | 355 |
Passive activity losses | X | X | X | 356 |
Suspended losses | X | X | X | 357 |
Basis of business assets transferred into Oregon | X | X | X | 358 |
Marijuana business expenses | X | X | X | 359 |
ABLE account deposit carryforward | X | X | X | 360 |
First-time home buyer savings account contributions and earnings | X | X | X | 361 |
AmeriCorps educational award | X | X | X | 362 |
CPAR subtraction | X | X | X | 384 |
Psilocybin business expenses | X | X | X | 385 |
Description | OR-40 | OR-40-N | OR-40-P | Code |
Artist’s charitable contribution | | | X | 600 |
Federal income tax refunds + | | X | X | 601 |
Federal income tax paid for a prior year | | X | X | 602 |
Foreign income tax | | X | X | 603 |
Gambling losses claimed as an itemized deduction + | | X | X | 604 |
Federal estate tax + | | X | X | 605 |
Federal mortgage interest credit | | X | X | 607 |
Federal tax credits | | X | X | 609 |
Child Care Fund contributions + | | X | X | 642 |
Oregon Production Investment Fund contributions + | | X | X | 644 |
University Venture Development Fund contributions + | | X | X | 646 |
Oregon IDA Initiative Fund donation credit add back + | | X | X | 648 |
Claim of right income repayment + | | X | X | 649 |
Disqualified charitable donations + | | X | X | 650 |
WFHDC medical expenses + | | X | X | 651 |
College Opportunity Grant Fund contributions + | | X | X | 652 |
Description | OR-40 | OR-40-N | OR-40-P | Code |
Agriculture workforce housing | X | PR | PR | 835 |
Business energy carryforward | X | X | X | 839 |
Child Care Fund contributions carryforward | X | X | X | 841 |
Crop donation | X | PR | PR | 843 |
Electronic commerce zone investment carryforward | X | X | X | 845 |
Employer scholarship | X | PR | PR | 847 |
Energy conservation project | X | X | X | 849 |
Fish screening devices | X | PR | PR | 850 |
Oregon IDA Initiative Fund donation | X | X | X | 852 |
Oregon Low Income Community Jobs Initiative/New Markets | X | X | X | 855 |
Oregon Production Investment Fund contributions (auction) | X | X | X | 856 |
Renewable energy resource equipment manufacturing facility carryforward | X | X | X | 860 |
Residential energy carryforward | X | X | X | 861 |
Transportation projects | X | X | X | 863 |
University Venture Development Fund contributions | X | PR | PR | 864 |
Rural technology workforce development | X | PR | PR | 868 |
Bovine manure production/collection carryforward | X | X | X | 869 |
College Opportunity Grant Fund contributions (auction) | X | X | X | 871 |
Short line railroad rehabilitation | X | PR | PR | 872 |