OR-OC: Form OR-OC, Oregon Composite Return (2024)
Oregon · Oregon DOR · Used for tax years 2024
Form OR-OC is the 2024 Oregon Composite Return for pass-through entities. It reports composite tax, credits, estimated tax payments, and the resulting amount owed or refund for owners included in the return.
Who files this form
Form OR-OC is Oregon’s composite return for pass-through entities (PTEs). The 2024 form lists these PTE types: S corporation, partnership, LLC, trust, LLP, and LP.
It asks for the number of included owners who are individuals, trusts, estates, or C corporations. The form does not explain which PTEs are required to file.
What you'll need
Have the information needed to complete the form:
- The PTE’s name, federal employer identification number (FEIN), address, type, and contact information.
- Counts of included owners by type and the tax year end date for the majority of owners on the return.
- Amounts from Schedule OR-OC-1 or Schedule OR-OC-2 for composite tax and interest on underpayment of estimated tax. The PTE-E tax credit comes from Schedule OR-OC-1.
- Amounts from Schedule OR-OC-3 or Schedule OR-OC-4 if reporting CPAR tax.
- All estimated tax payments for 2024 made before filing the return.
The form also has fields for an extension, an amended return, a CPAR report, and whether Form OR-OC-TR was submitted.
How to file
Complete both pages and have a general partner, LLC member, or officer sign and date the return. Submit the original form and keep a copy for your tax records.
Mail a return without payment to:
Oregon Department of Revenue
PO Box 14700
Salem OR 97309-0930
Mail a return with payment to:
Oregon Department of Revenue
PO Box 14555
Salem OR 97309-0940
Put the payment in the same envelope as the return. Accepted payments are checks, money orders, and cashier’s checks. Make your check or money order payable to “Oregon Department of Revenue” and write the PTE’s FEIN and “2024 Oregon Form OR-OC” on the payment.
Do not mail cash or use Form OR-OC-V when sending a payment with the return.
Common mistakes
- Submitting a photocopy instead of the original form.
- Failing to keep a copy of the return for your tax records.
- Leaving out 2024 estimated tax payments made before filing. Line 6 says to include all of them.
- Mailing cash or using Form OR-OC-V when sending payment with the return.
- Omitting the PTE’s FEIN or “2024 Oregon Form OR-OC” from the payment.
Questions people ask
Can I apply part of my overpayment to estimated tax?
Yes. On line 19, enter the part of line 18 you want applied to your open estimated tax account. Line 20 is your net refund after subtracting line 19 from line 18.
Who signs the return?
The form provides a signature line for a general partner, LLC member, or officer. It also has a separate signature area for a paid preparer.
Does the form separate corporate tax from other owners’ tax?
Yes. Page 1 has separate columns for individuals, trusts, and estates and for corporate income or excise tax. Page 2 combines the amounts owed and refunds to determine the net amount owed or net refund.
How do I identify an amended return?
Check the “Amended return” box. If amending for an NOL, enter the tax year the NOL was generated.