OR-ASC-FID: Schedule OR-ASC-FID, Oregon Adjustments for Form OR-41 Filers (2024)
Oregon · Oregon DOR · Used for tax years 2024
Schedule OR-ASC-FID reports additions, subtractions, and credits that aren’t specifically included on the 2024 Oregon fiduciary income tax return, Form OR-41. It includes sections for standard, carryforward, and refundable credits and is submitted with Form OR-41.
Who files this form
Use 2024 Schedule OR-ASC-FID if you file Oregon Form OR-41 and need to claim additions, subtractions, or credits that aren’t specifically included on your Oregon fiduciary income tax return.
What you'll need
You’ll need your Oregon Form OR-41 and the following information to complete the schedule:
- The trust or estate name as shown on the return.
- The federal employer identification number (FEIN).
- The codes and amounts for the additions, subtractions, or credits you claim.
- For carryforward credits, the amount from the prior year, the amount awarded this year, and the total used this year.
- The state abbreviation if claiming credit code 802.
How to file
Include Schedule OR-ASC-FID with your Oregon Form OR-41. Submit the original schedule, not a photocopy.
Transfer the section totals as follows:
- Other additions: Form OR-41, Schedule 2, line 17.
- Other subtractions: Form OR-41, Schedule 2, line 11.
- Standard credits: Form OR-41, line 12.
- Carryforward credits: Form OR-41, line 14, using the total used this year.
- Refundable credits: Form OR-41, line 20.
The supplied form does not provide a mailing address or e-filing instructions.
Common mistakes
- Submitting a photocopy: The form says to submit the original.
- Leaving the schedule out of your return: The form says to include it with Oregon Form OR-41.
Questions people ask
What is Schedule OR-ASC-FID used for?
It is used to claim additions, subtractions, or credits that aren’t specifically included on your Oregon fiduciary income tax return.
What information goes in the carryforward credits section?
Section 4 asks for the credit code, amount from the prior year, amount awarded this year, and total used this year. Transfer the total used this year to Form OR-41, line 14.
Do I need to identify a state when claiming code 802?
Yes. The standard credits section asks for a state abbreviation if you claim code 802.
Can I submit a photocopy of this schedule?
No. The form says to submit the original and include it with your Oregon Form OR-41.