OR-21-K-1: Schedule OR-21-K-1, Distributive Share of Proceeds, Addition, and Credit (2025)
Oregon · Oregon DOR · Used for tax years 2025
Oregon Schedule OR-21-K-1 reports a member’s share of distributive proceeds, the addition for tax deducted at the federal level, and the credit for elective tax paid by a pass-through entity. Keep this schedule with your tax records; don’t submit it with your tax return.
Who files this form
The 2025 Schedule OR-21-K-1 is for members of pass-through entities (PTEs) paying elective tax. It records the member’s distributive share of proceeds, addition, and credit.
Keep this schedule with your tax records. Do not submit it with your tax return.
What you'll need
Have the following information available to complete the schedule:
- The PTE’s legal name, federal employer identification number (FEIN), and current address.
- The member’s name, Social Security number (SSN) or FEIN, and current address. For a member that is not an individual, the form asks for the PTE legal name.
- The member’s share of distributive proceeds, the addition for tax deducted at the federal level, and the credit for PTE-E tax paid.
- Any amounts passed through to an individual member from an electing lower-tier PTE.
How to file
Do not submit Schedule OR-21-K-1 with your tax return. Keep it with your tax records.
Common mistakes
Follow these printed reminders:
- Use UPPERCASE letters and blue or black ink.
- Print at actual size (100%).
- Do not submit photocopies or use staples.
- Keep the schedule with your tax records instead of submitting it with your tax return.
Questions people ask
What amounts go in Part C?
Enter the member’s share of distributive proceeds on line 1, the addition for tax deducted at the federal level on line 2, and the credit for PTE-E tax paid on line 3.
Should lower-tier PTE amounts be included?
Yes. Part C says to include amounts passed through to an individual member from any electing lower-tier PTE.
What name goes in Part B for a member that is not an individual?
Use the PTE legal name field. Part B also has fields for the member’s SSN or FEIN and current address.
Do I send this schedule with my tax return?
No. Keep it with your tax records and do not submit it with your tax return.