This article will assist you with entering Oregon Form 40, Residential Energy Credit, in the Individual return.
All credit codes have changed beginning with tax year 2015. For a complete list of codes, refer to the Oregon Publication OR-CODES.
Follow these steps to enter the OR Residential Energy Credit:
- From the Input Return tab, go to State & Local ⮕ Other Credits ⮕ OR Credits.
- Locate the Oregon Credits section.
- Click the input field titled Other carryforward credits (Click on button to expand).
- From the Code dropdown list, select 861=Residential Energy.
This credit flows to Schedule OR-ASC, Section 4: Carryforward credits (codes 835 - 865), line(s) 4. The allowed credit amount will flow to Form 40, line 28.
Refer to Oregon Publication OR-17 for more information about the Residential Energy Credit.