Form OR40 (2023): Oregon Individual Income Tax Return for Full-year Residents

Form OR40 is the official document used by full-year residents of Oregon to file their state income taxes for a specific tax year. It serves as a comprehensive record of your income sources and deductions, allowing the Oregon Department of Revenue to calculate your tax liability or potential refund.

Who Needs to File Form OR40 (2023)?

  • All Oregon residents who earned income in 2023, regardless of the amount.
  • Even if you had no income or received a W-2 with federal income tax withheld, you might need to file to claim a refund for state taxes withheld or claim tax credits.

What's Included in Form OR40?

A. Filing Status: You'll need to select your filing status, such as single, married filing jointly, head of household, or qualifying widow(er).

B. Income: Report all your taxable income sources, including wages, salaries, tips, interest, dividends, capital gains, and unemployment compensation.

C. Deductions: Reduce your taxable income by claiming eligible deductions such as standard deduction, itemized deductions (mortgage interest, charitable contributions), and business expenses.

D. Credits: Claim any applicable tax credits to further reduce your tax liability. Examples include renter's credit, earned income credit, and education credits.

E. Payments: Report any estimated tax payments made throughout the year.

F. Tax Calculation: Based on your income, deductions, credits, and filing status, the form helps calculate your final tax liability or refund amount.

Important Dates and Deadlines:

  • The filing deadline for Form OR40 is typically April 15th of the following year. However, extensions may be available in some cases.
  • The payment deadline for any state income tax owed is also April 15th.

To access the current year's Form OR40, click here.