Schedule OR-ASC — Oregon Adjustments for Form OR-40 Filers (2025)

2025 Schedule OR-ASC
Clear form
Oregon Department of Revenue
Oregon Adjustments for Form OR-40 Filers

• Use UPPERCASE letters. • Use blue or black ink. • Print actual size (100%). • Don't submit photocopies or use staples.

Instructions: Use this schedule to report additions, subtractions, tax recaptures, standard credits, carryforward credits, and refundable credits that aren't included on Form OR-40. File an additional Schedule OR-ASC if you are claiming more than what will fit on one schedule. For more information, see Schedule OR-ASC and OR-ASC-NP Instructions, Publication OR-CODES, or Publication OR-17.
Include this schedule when you file Form OR-40.
Last name
Social Security number (SSN)
Section A: Additions (codes 100-199) Code A1.
A3.
Total additions. Add lines A2 and A4.
A5.
Amount
A2.
A4.
Total additions
Enter on Form OR-40, line 8 … Total A5.
Section B: Subtractions (codes 300-399) Code B1.
B3.
B5.
Total subtractions. Add lines B2, B4, and B6.
B7.
Amount
B2.
B4.
B6.
Total subtractions
Enter on Form OR-40, line 13 … Total B7.
Section C: Tax recaptures
Code
(codes 950-999)
C1.
C3.
C5. Total tax recaptures. Add lines C2 and C4.
Amount
C2.
C4.
Total tax recaptures
Enter on Form OR-40, line 22 … Total C5.
Continued on next page

2025 Schedule OR-ASC Oregon Department of Revenue

• Use UPPERCASE letters. • Use blue or black ink. • Print actual size (100%). • Don't submit photocopies or use staples.

Section D: Standard credits (codes 800-834) Enter state abbreviation if claiming code 802 or 815.
Code State
D1. D2.
D4. D5.
D7. D8.
D10. D11.
D13. D14.
Amount
D3.
D6.
D9.
D12.
D15.
Total standard credits
D16. Total standard credits. Add lines D3, D6, D9, D12, and D15. 0 0 Enter on Form OR-40, line 27 … Total D16.
Section E: Carryforward credits Code (codes 835-889) E1.
Code
E5.
Amount from prior year
E2.
Amount awarded this year
E3.
Total used this year
E4.
Amount from prior year
E6.
Amount awarded this year
E7.
Total used this year
E8.
Total carryforward credits used this year
Total carryforward credits used this year. Add lines E4 and E8.
E9. 0 0
Enter on Form OR-40, line 30 … Total E9.
Continued on next page

Oregon Department of Revenue
2025 Schedule OR-ASC

• Use UPPERCASE letters. • Use blue or black ink. • Print actual size (100%). • Don't submit photocopies or use staples.

Section F: Refundable credits
(codes 890-949)
F1.
F3.
F5.
Code Amount
F2.
F4.
F6.
Total refundable credits
F7. Total refundable credits. Add lines F2, F4, and F6.
… Total F7.
Enter on Form OR-40, line 39
-You must include this schedule with your Oregon income tax return-