Or. Admin. R. 150-316-0205 - Credit for Taxes Paid to State of Residence

(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.

Notes

Or. Admin. R. 150-316-0205

10-15-93, 12-31-93; REV 5-2000, f. & cert. ef. 8-3-00; Renumbered from 150-316.131(1), REV 61-2016, f. 8-15-16, cert. ef. 9/1/2016

Stat. Auth.: ORS 305.100

Stats. Implemented: ORS 316.131