Oregon offers several standard credits that may reduce your Oregon tax liability. Some credits require additional supporting information or documentation to determine eligibility.
Program Entry
Oregon Return → Credits → Standard Credits
Credit for Taxes Paid to Another State
If you were a full-year Oregon resident, you may be able to claim this credit on your Oregon return only if you paid tax on the same income to both Oregon and a state other than Arizona, California, Indiana, or Virginia.
For more information on this credit, please see our KB article.
Other Standard Credits
806 - Mutually Taxed Gain on Sale of Residential Property
If you sell your primary home, your Oregon taxable gain will generally be the same as your federal taxable gain. Generally, any gain will also be excluded on your Oregon return.
Exception: If you were renting out a house and then converted it to your personal residence, the Oregon basis may be different from the federal basis due to depreciation differences.
You may qualify for this credit only if the gain on the sale of your residential property is taxed by both Oregon and another state or country.
You may claim either this credit or the credit for taxes paid to another state, but not both.
You aren't eligible to claim this credit if you qualify for a credit for taxes paid to another state on the other state's tax return.
807 - Oregon Cultural Trust Contributions
If you make a donation to an Oregon nonprofit cultural organization during the tax year, you can make a matching donation to the Trust for Cultural Development Account and receive an Oregon tax credit.
The maximum credit allowed for Oregon Cultural Trust contributions is:
- $500 per taxpayer; or
- $1,000 on jointly filed returns.
808 - Oregon Veterans' Home Physicians
A credit available to qualifying physicians providing services at an Oregon Veterans' Home.
810 - Reservation Enterprise Zone
A credit related to qualifying business activities conducted within a Reservation Enterprise Zone.
811 - Retirement Income
If you were age 62 or older at the end of the tax year and receive taxable retirement income, you may qualify for this credit.
Note: You can claim this credit or the credit for the elderly or the disabled, but not both.
812 - Rural Emergency Medical Service Providers
A tax credit available for emergency medical service providers in qualifying rural areas of Oregon.
The credit is based solely on determination of eligibility by the Office of Rural Health and is worth up to $250.
813 - Rural Health Practitioners
A credit available to qualifying health care practitioners serving rural Oregon communities.
815 - Pass-Through Income Taxes Paid to Another State
A credit available for qualifying pass-through entity income taxes paid to another state.
Notes
- Standard credits reduce Oregon tax liability.
- Some credits require additional schedules, certifications, or qualifying documentation.
- Eligibility requirements vary by credit.
For additional information or specific instructions on the above credits, please refer to the Oregon state instructions, here.