OR-DEPR: Schedule OR-DEPR, Oregon Depreciation Schedule (2024)
Oregon · Oregon DOR · Used for tax years 2024
Schedule OR-DEPR is Oregon’s depreciation schedule for individuals, partnerships, corporations, and fiduciaries. It records property basis and depreciation details, compares 2024 Oregon and federal depreciation, and calculates any Oregon addition or subtraction. Keep it with your
Who files this form
Schedule OR-DEPR is Oregon’s depreciation schedule for individuals, partnerships, corporations, and fiduciaries.
Do not complete this schedule if your federal and Oregon depreciation are the same. If you complete it, keep it with your records rather than including it with your Oregon return.
What you'll need
Have the following information available to complete the schedule:
- Your name and Social Security number, spouse’s information, or business name and federal employer identification number, as applicable.
- A description of each property and the date it was placed in service in Oregon.
- The federal and Oregon cost or other basis for each property.
- Oregon depreciation allowed or allowable in earlier years.
- The Oregon depreciation method and property life or rate.
- The 2024 Oregon and federal depreciation amounts.
How to file
Do not include Schedule OR-DEPR with your Oregon return. Keep it with your records and complete a new schedule each year.
Common mistakes
- Completing the schedule when federal and Oregon depreciation are the same. The form says not to complete it in that case.
- Including the schedule with your Oregon return. Keep it with your records instead.
- Reusing an earlier year’s schedule. The form says to complete a new schedule each year.
Questions people ask
How do I total my 2024 depreciation?
Add the amounts in column h for total Oregon depreciation in box 5h. Add the amounts in column i for total federal depreciation in box 5i.
When do I have an Oregon addition?
If box 5h is less than box 5i, enter the difference on line 6 as an Oregon addition.
When do I have an Oregon subtraction?
If box 5h is more than box 5i, enter the difference on line 7 as an Oregon subtraction.
Do I send this schedule with my Oregon return?
No. Keep the schedule with your records. The form says not to include it with your Oregon return.