OR-20-INS: Form OR-20-INS, Oregon Insurance Excise Tax Return (2025)
Oregon · Oregon DOR · Used for tax years 2025
Form OR-20-INS is the 2025 Oregon Insurance Excise Tax Return. It reports an insurance corporation’s net income from its annual statement to the insurance commissioner, adjustments to that income, and Oregon taxable income.
What you'll need
Have your annual statement to the insurance commissioner available. The return uses these figures:
- Life, accident, and health companies: page 4, line 35, plus separate-account items from the life company statement’s “Summary of Operations,” page 4, lines 5 and 8.1.
- Fire, property, and casualty companies: page 4, line 20, and underwriting profit from wet marine and transportation insurance.
Depending on the entries on your return, you will also need:
- Schedule OR-ASC-CORP for additions, subtractions, and credits.
- Schedule OR-AP if you apportion income.
- Supporting schedules for a net loss deduction when income is not apportioned, installment sales interest adjustments, or withholding payments made on your behalf.
- Form OR-37 for interest on underpayment of estimated tax.
- Payment records for Schedule ES, including payer names, FEINs, payment dates, amounts, extension payments, and prior-year overpayments applied to this year.
How to file
Complete the return using UPPERCASE letters and blue or black ink. Print it at actual size (100%). Have the officer sign and date the return, and include Oregon schedules.
Refund returns and no tax due returns:
Refund
PO Box 14777
Salem OR 97309-0960
Tax-to-pay returns with payment:
Oregon Department of Revenue
PO Box 14790
Salem OR 97309-0470
Do not include a payment voucher with your return. Do not submit photocopies or use staples.
Common mistakes
- Do not submit photocopies, use staples, or print at a size other than 100%.
- Use UPPERCASE letters and blue or black ink.
- Complete questions A through C only if this is your first return or the answer changed during the tax year.
- Include Schedule OR-AP if you apportion income. If you do not apportion income, enter 100.0000 on line 13.
- Do not reduce the amounts on lines 21 or 25 below the minimum tax.
- Include payments made with your extension in the payments reported on line 26 through Schedule ES.
- Include Oregon schedules, but do not include a payment voucher with the return.
Questions people ask
What if my income comes from Oregon and other states?
Carry the amount on line 11 to Schedule OR-AP, part 2, line 1. Complete both parts of Schedule OR-AP and include it with your return to apportion income.
Where do I report payments made with an extension?
Enter extension payments or other prepayments for this tax year on Schedule ES, line 6. Carry the total from Schedule ES, line 8, to return line 26.
Can I apply my refund to estimated tax?
Line 36 lets you enter the amount of your available refund to credit to your open estimated tax account. Subtract that amount from line 35 to calculate the net refund on line 37.
Can I authorize someone to discuss this return?
The signature page has a checkbox authorizing the listed individual or individuals to receive and provide confidential tax information relating to this return.