OR-ASC-NP: Schedule OR-ASC-NP, Oregon Adjustments for Form OR-40-N and Form OR-40-P Filers (2025)
Oregon · Oregon DOR · Used for tax years 2025
Schedule OR-ASC-NP is an Oregon schedule for people filing Form OR-40-N or Form OR-40-P. It reports adjustments, additions, subtractions, modifications, tax recaptures, and standard, carryforward, and refundable credits that aren’t included on those forms.
Who files this form
Use 2025 Schedule OR-ASC-NP if you file Form OR-40-N or Form OR-40-P and need to report adjustments, additions, subtractions, modifications, tax recaptures, or credits that aren’t included on your return form.
Include this schedule with your Oregon income tax return. If your items won’t fit on one schedule, file an additional Schedule OR-ASC-NP.
What you'll need
Have your Form OR-40-N or Form OR-40-P available so you can transfer the schedule’s totals to the lines listed on the schedule.
To complete the schedule, you’ll need:
- Your last name and Social Security number.
- The codes and amounts for the items you’re reporting, including separate federal and Oregon amounts in Sections A, B, and C.
- The state abbreviation if you claim credit code 802 or 815.
- For carryforward credits, the amount from the prior year, the amount awarded this year, and the total used this year.
The form refers you to the Schedule OR-ASC and OR-ASC-NP Instructions, Publication OR-CODES, or Publication OR-17 for more information.
How to file
Include Schedule OR-ASC-NP when you file Form OR-40-N or Form OR-40-P. File an additional schedule if you need more space.
Enter each item’s code and amount in the appropriate section. Add the amounts as directed, then transfer each total to the return line printed beside it.
The supplied form does not give a mailing address or e-file directions.
Common mistakes
- Don’t leave the schedule out of your Oregon income tax return. The form says you must include it.
- Use UPPERCASE letters and blue or black ink.
- Print at actual size, 100%.
- Don’t submit photocopies or use staples.
- Enter a state abbreviation when claiming credit code 802 or 815.
- Use Section E only if you file Form OR-40-N.
- File an additional Schedule OR-ASC-NP if your items won’t fit on one schedule.
Questions people ask
What does Schedule OR-ASC-NP report?
It reports adjustments, additions, subtractions, modifications, tax recaptures, standard credits, carryforward credits, and refundable credits that aren’t included on Form OR-40-N or Form OR-40-P.
What if I need more space?
File an additional Schedule OR-ASC-NP if you’re claiming more items than will fit on one schedule.
Can Form OR-40-P filers use Section E?
No. Section E, for modifications not multiplied by the Oregon percentage, is for Form OR-40-N filers only.
What information goes in the carryforward credits section?
Section H asks for the credit code, amount from the prior year, amount awarded this year, and total used this year. Transfer the total credits used this year to Form OR-40-N, line 55, or Form OR-40-P, line 54.
Where can I find more information about the codes and adjustments?
The form directs you to the Schedule OR-ASC and OR-ASC-NP Instructions, Publication OR-CODES, or Publication OR-17.