OR-FIA-COMP: Schedule OR-FIA-COMP, Oregon Farm Income Averaging Computation of Tax (2025)
Oregon · Oregon DOR · Used for tax years 2025
Schedule OR-FIA-COMP is Oregon’s farm income averaging tax computation schedule for 2025. It recomputes taxable income and tax for base years 2022, 2023, and 2024, with results carried to Schedule OR-FIA-40, OR-FIA-40-N, or OR-FIA-40-P.
Who files this form
Schedule OR-FIA-COMP is the 2025 Oregon Farm Income Averaging Computation of Tax. It has separate computations for base years 2022, 2023, and 2024.
For each base year, complete the computation that matches the Oregon return you filed for that year:
- Computation A: Form OR-40-N.
- Computation B: Form OR-40-P.
- Computation C: Form OR-40.
Do not include this schedule with your Oregon return. Keep it with your records.
What you'll need
Have these records and materials ready:
- Your Oregon returns for base years 2022, 2023, and 2024. The schedule uses amounts from the return you filed for each year.
- Your 2025 Schedule OR-FIA-40, OR-FIA-40-N, or OR-FIA-40-P.
- The tax rate charts for each base year. Computation C also allows that year's tax tables.
- Your name and Social Security number, and your spouse's information for the spouse fields.
If you used farm income averaging for any base year, or a requested line 1 amount is $0 or less, the form directs you to the instructions. Those instructions were not provided here.
How to file
Do not include Schedule OR-FIA-COMP with your Oregon return. Keep it with your records.
Common mistakes
- Including this schedule with your Oregon return. The form says to keep it with your records instead.
- Overlooking prior farm income averaging. If you used farm income averaging for any base year, consult the instructions for the amounts to enter on line 1.
- Entering a line 1 amount of $0 or less without checking the instructions. The form specifically directs you to the instructions in this situation.
- Using an Oregon percentage above 100%. In Computations A and B, the recomputed Oregon percentage on line 4 cannot exceed 100%.
Questions people ask
Which base years does the 2025 schedule use?
It has separate computations for 2022, 2023, and 2024.
How do I choose Computation A, B, or C?
For each base year, use A if you filed Form OR-40-N, B if you filed Form OR-40-P, or C if you filed Form OR-40.
Where does the amount for line 2 come from?
Use the amount from your 2025 Schedule OR-FIA-40, line 6; OR-FIA-40-N, line 10; or OR-FIA-40-P, line 9.
Which year's tax rates do I use?
Use the tax rate charts for the base year being recomputed: 2022, 2023, or 2024. Computation C allows that base year's tax tables or rate charts.