Oregon Administrative Rules
Chapter 150 - DEPARTMENT OF REVENUE
Division 316 - PERSONAL INCOME TAX GENERAL PROVISIONS
Section 150-316-0205 - Credit for Taxes Paid to State of Residence
Current through Register Vol. 63, No. 9, September 1, 2024
(1) General: An Oregon nonresident is allowed a credit for taxes paid to the state of residence if the taxpayer's state of residence allows residents of Oregon to claim a credit for mutually taxed income on the nonresident return filed with that state.
Example: Elizabeth, a California resident, receives income from Oregon property. Because California allows Oregon residents to claim a credit for mutually taxed income on the California nonresident return, Elizabeth is allowed to claim the credit on the Oregon nonresident return.
(2) Computation. OAR 150-316.082(2) subsection (4) shall be followed.
(3) Proof required and procedure for obtaining credit. OAR 150-316.082(3) and 150-316.082(1)-(A) shall be followed.
(4) Special filing status. OAR 150-316.082(2) subsections (5), (6), (7), and (8) shall be followed.
Stat. Auth.: ORS 305.100
Stats. Implemented: ORS 316.131