For more information, refer to the instructions beginning on page 2. Oregon Department of Revenue. 15601701010000. Oregon Adjustments for Form OR-40 Filers. Submit original form—do not submit photocopy. 2017 Schedule OR-ASC. Office use only. Page 1 of 1, 150-101-063 (Rev. 12-17) —You must include this schedule with your Oregon income tax return—, 4/17/2018 · ber 31, 2017 to qualify for the subtraction. See Schedule OR-ASC instructions. Tuition and fees deduction and subtraction. As of the date this publication was printed, Congress had not renewed the federal tuition and fees deduction. As a result, the deduction and the related Oregon subtrac-tion may not be available for tax years beginning Janu-, Step 3:Fill in the credit amount you earned in 2017 , and enter it in the “Amount awarded this year” col? umn, if any. Enter this amount even if this is more than the amount that can be used this year. Instructions for Schedule OR-ASC-CORP 2017, 2017 Schedule OR-ASC-NP. Oregon Adjustments for Form OR-40-N and Form OR -40-P Filers. Submit original form—do not submit photocopy. Office use only. Page 1 of 2, 150-101-064 (Rev. 12-17) Use Schedule OR-ASC-NP to claim any of the following items that aren’t included on Form OR-40-N or Form OR-40-P: • Adjustments. • Modifications.
Late changes to 2017 Instructions for Forms OR-20 and OR-20-INC Note: The changes described below have also modified the instructions throughout this publication. Federal Tax Reform (Public Law 115-97) and SB 1529 (2018) As a result of the passage of Public Law 115-97, enacted on December 22, 2017 , IRC 965 is amended to require that, your Schedule OR-ASC. Use the appropriate code as shown on enclosed schedules or as listed in 2017 Publication OR-17. Part-year residents—Oregon taxes all PTE income received while an Oregon resident. For the portion of the year you are a nonresident, Oregon only taxes income from Oregon sources. Therefore, a part-year resident may need to modify, Expanded Schedule OR-ASC. We have expanded Sched – ule OR-ASC. All numeric codes for adjustments, addi-tions, subtractions, modifications, and credits can be found with the Schedule OR-ASC instructions and are claimed on Schedule OR-ASC. Schedule OR-ASC must be included with your return. Working family household and dependent care (WFHDC) credit.
Schedule OR-ASC-NP: Enter the code, the fed-eral amount, and the Oregon amount for each addition in Section 2. The federal and Oregon amounts may be different. Use each code only once. Step 2:Enter these total(s) on Form OR-40, line 8 Form OR-40-N or Form OR-40-P, lines 30F and 30S. Subtractions (codes 300–399) Schedule OR-ASC: Section 1, 150-102-018 (Rev. 12-17) 3 Form OR-20-S Instructions workforce development tax credit applies to tax years beginning on or after January 1, 2017 . See Sections 18–20 of HB 2066 ( 2017 ). Extended credits •Fish screening devices tax credit is extended to tax years beginning before January 1, 2024 (ORS 315.138).
Beginning January 1, 2017 , a paper return filed by a cor-poration required to electronically file its Oregon corpo-ration tax return may be rejected, unless a waiver request has been approved by us prior to the filing of the paper return. Insurers The 2017 …
