150-101-040-1 (Rev. 01-29-26) www.oregon.gov/dor • April 15, 2026 is the due date for filing your return and paying your tax due. • File electronically—it’s fast, easy, and secure. See “Electronic filing.” • Do you qualify for the Oregon Kids Credit or the earned income credit? See “Refundable credits.” • Find out if you qualify for the working family household and dependent care credit. See Schedule OR-WFHDC Instructions for details. • Are you a veteran? Find out about veterans’ benefits at www.oregon.gov/odva. • These instructions aren’t a complete statement of laws or Oregon Department of Revenue rules. If you need more information, see Publication OR-17 or contact us. Full-year Resident 2025 Oregon Income Tax Form OR-40 Instructions Check out our online services Revenue Online is a secure online portal that provides access to your tax account at any time. You can: • Use Direct File Oregon to file your return. • Check the status of your refund. • View and print Form 1099-G or letters from us. • Make or schedule payments. • Securely communicate with us. • Update your information. • Check balances and view your account history. • File an appeal. Visit www.oregon.gov/dor and click on “Revenue Online” to sign up. These instructions were updated on January 29, 2026 to correct the Oregon Kids Credit instructions and work- sheet on pages 22 through 24. Refunds for paper-filed returns won't be mailed or deposited until April. To get your refund sooner, file electronically.

150-101-040-1 (Rev. 01-29-26) 2 2025 Form OR-40 Instructions Contents Electronic filing ................................................................. 3 Federal tax law .................................................................. 4 New information ............................................................... 4 Important reminders ........................................................ 5 General information ......................................................... 6

Do I need to file an Oregon return? .......................... 6

Residency ....................................................................... 6

What form do I use? ..................................................... 7

Military personnel ....................................................... 7

What if I need more time to file?................................ 8

Penalties ......................................................................... 8

What if I need to change my return after filing? .. 8

2026 estimated tax ....................................................... 9 General instructions for Form OR-40 ............................11

Check the boxes ...........................................................11

Name and address ......................................................11

Filing status ................................................................. 12

Exemptions .................................................................. 12 Form OR-40 line instructions .........................................14

Additions ......................................................................14

Subtractions ..................................................................14

Deductions ...................................................................16

Oregon tax ....................................................................16

Standard and carryforward credits ......................... 17

Tax payments .............................................................. 21

Refundable credits ..................................................... 22

Penalties and interest ................................................. 24

Amount due ................................................................ 25

Payment options ......................................................... 25

Refund.......................................................................... 26

Direct deposit .............................................................. 27

Before you file ............................................................. 28

Avoid processing delays ............................................ 29

Tax return mailing addresses ................................... 29 Tax tables ......................................................................... 30 Tax rate charts ................................................................. 32 Photo on cover: Historic Columbia Highway Trail, Mosier. Highway Trail east of Hood River County. Gary Halvorson, Oregon State Archives. Do you have questions or need help? Internet www.oregon.gov/dor • Download forms, instructions, and publications. • Access additional information not included in these instructions. Revenue Online www.oregon.gov/dor (click on Revenue Online) • Securely communicate with us. • Check your refund status. • Make or schedule payments. • View your account history. • Find out how much you owe. • File an appeal. • View letters and your Form 1099-G, if applicable. Email or write questions.dor@dor.oregon.gov preguntas.dor@dor.oregon.gov Oregon Department of Revenue 955 Center St NE Salem OR 97301-2555 • Include your name and daytime phone number. • Include the last four digits of your SSN or ITIN. To request printed forms or publications: Forms Oregon Department of Revenue PO Box 14999 Salem OR 97309-0990 Phone 503-378-4988 or 800-356-4222 Monday–Friday, 7:30 a.m.– 5 p.m. Closed Thursdays from 9–11 a.m. Closed holidays. Wait times may vary. Contact us for ADA accommodations or assistance in other languages. In person Offices are located in Salem, Portland, Eugene, Bend, Gresham, and Medford. Find hours and directions to our offices on our website. Our main office is located at: 955 Center St NE Salem, OR 97301-2555 Taxpayer Advocacy If you think you are not being treated fairly, or if you have a problem or complaint, please contact the Office of the Taxpayer Advocate for assistance. 503-945-8700 TTY: We accept all relay calls. taxpayer.advocate@dor.oregon.gov

150-101-040-1 (Rev. 01-29-26) 3 2025 Form OR-40 Instructions Electronic filing If you haven't yet tried electronic filing, why not try it this year? Join more than 2 million other Oregon tax- payers who file their returns electronically. Direct File Oregon Use Direct File Oregon to file your return for free. It’s easy, safe, and secure. Direct File Oregon is interview- based method that many full-year residents may use to file an original or amended return through Revenue Online. You can use Direct File with or without a Revenue Online account; however, without a Revenue Online account, some features may be limited. To sign up for a Revenue Online account, you must have: • Filed an Oregon return within the last three years, or • Received a letter from us. Assistance provided. Direct File guides you through the return, providing help with things like common deductions and credits along the way. It does the math for you and computes your tax. Note: If you have a complex tax situation, Direct File may not be for you. At this time, Direct File can’t be used to file a nonresident or part-year resident return. Federal return needed. Your federal return must be filed separately with the Internal Revenue Service (IRS). You’ll need to have the information from your federal return and schedules available when you use Direct File Oregon. For more information about Direct File Oregon, includ- ing a complete list of everything you’ll need to get started, go to www.oregon.gov/dor and look for the link on our Individuals webpage. E-file E-filing is another fast way to file your return and receive your refund. Electronic returns are received and processed with more accuracy and speed than paper returns, greatly reducing errors and delays. E-fil- ing uses secure technology to ensure the safety of your personal information when it’s sent to the IRS and the Department of Revenue. Oregon participates in the IRS Federal/State E-file pro- gram. This program allows you to electronically file both your federal and Oregon returns at the same time. If you’ve already filed your federal return, you can still electronically file your Oregon return. You can take advantage of e-file in one of two ways: 1. Ask your tax preparer.

If your tax preparer is an authorized IRS e-file pro- vider, your preparer can electronically file your fed- eral and Oregon returns. Many Tax-Aide and Tax Counseling for the Elderly (TCE) sites set up by the IRS are authorized IRS e-file providers. 2. Use online tax preparation software.

You can file your federal and state returns from your home, work, or library computer using Oregon- approved online tax preparation products. Go to our website at www.oregon.gov/dor/e-filing for a list of tax preparation products to use in preparing your federal and Oregon returns. You may be eligible for free e-file. Several tax prepa- ration software providers offer free online electronic tax filing. For more information, go to www.oregon. gov/dor/e-filing. Delays at the IRS will postpone processing of paper-filed returns for Tax Year 2025. We expect refunds for paper-filed returns to be mailed or deposited beginning in April. You can get your refund sooner by filing electronically. We recommend using Direct File Oregon to file your state return.

150-101-040-1 (Rev. 01-29-26) 4 2025 Form OR-40 Instructions Federal tax law No extension to pay. Oregon doesn’t allow an exten- sion of time to pay your tax, even if the IRS allows an extension. Your 2025 Oregon tax is due April 15, 2026. Federal law connection. Oregon has a rolling tie to changes made to the definition of federal taxable income, with the exceptions noted below. For all other purposes, Oregon is tied to federal income tax laws as amended and in effect on December 31, 2023. Oregon exceptions to federal law. Oregon is discon- nected from the business income deduction allowed by Section 199A of the Internal Revenue Code (IRC). Due to the way Oregon’s returns are designed, no addition is required. Oregon is also disconnected from IRC Sec- tion 139A , the tax exemption for federal subsidies for employer prescription drug plans. If you have this type of business income, you’ll have an addition on your Oregon return. Oregon is disconnected from IRC Section 529 tax exemption for earnings on higher education savings plan funds used for K-12 tuition. Funds in Embark (for- merly Oregon College Savings Plan) and MFS 529 Sav- ings Plan accounts may be used for higher education expenses only. If you based a previous subtraction or credit on contributions that are withdrawn and used for K-12 tuition, you may need to report an addition or tax recapture on your Oregon return. See "Additions" and "Additions to tax" in Publication OR-17 for more information. New information New federal deductions. You may be able to claim the same deductions for tip income, overtime wages, and passenger vehicle loan interest that you’re claiming on your federal return. See “Other items” in Publication OR-17 for more information. First-time home buyer savings account (FTHBSA) sub- traction. Beginning January 1, 2025, FTHBSAs can be opened to save for a designated beneficiary. Account holders must also complete Form OR-HOME when opening a new FTHBSA. For subtraction limits and eligibility requirements, see 2025 Form OR-HOME Instructions. Oregon surplus (kicker). Oregon’s surplus, known as the “kicker,” will be claimed as a credit on your 2025 tax return. See the instructions for line 32. Federal tax liability subtraction. The 2025 federal tax subtraction limit is $8,500 ($4,250 for married filing separately). It may be limited further based on your adjusted gross income (AGI). See the instructions for line 10.

150-101-040-1 (Rev. 01-29-26) 5 2025 Form OR-40 Instructions Important reminders Federal return. When you file your Oregon return, you must include a copy of your federal Form 1040, 1040-SR, or 1040-NR with Schedules 1, 1-A, 2, and 3 (if applicable), or Form 1040-X if you're filing an amended return. Items on your Oregon return may be adjusted or denied if your federal return isn't included. Schedule OR-ASC. Are you reporting an Oregon addi- tion or claiming any Oregon subtractions or credits that have a three-digit code? If so, you must include Schedule OR-ASC when you file your Oregon return. Items with a code may be adjusted or denied if Sched- ule OR-ASC isn't included with your return. A list of current codes can be found in Publication OR-CODES, Publication OR-17, or on our website. You can down- load these publications along with Schedule OR-ASC and its instructions from our website or contact us to order them. Publication OR-17. Publication OR-17 is your guide to Oregon personal income taxes. It covers the gen- eral rules for filing an Oregon income tax return and expands on the information contained in these instruc- tions. Publication OR-17 also explains Oregon's tax laws to make sure you pay only the tax you owe and no more. You can download Publication OR-17 from our website or contact us to order it. Voluntary self-identification. Every year, we will ask if you would like to identify your race or ethnicity when you file your Oregon return. You can select up to three race or ethnicity categories using Form OR-VSI. The information gathered from Form OR-VSI each year will be used only for research purposes to help make Ore- gon's tax laws more equitable. For more information, see Form OR-VSI Instructions or our website. Transit self-employment tax. If you're self-employed and doing business within the Lane Transit District (LTD) or the TriMet District (Clackamas, Multnomah, and Washington counties), you may need to pay transit self-employment tax. See the instructions for Form OR- LTD or Form OR-TM on our website or contact us for more information. Statewide transit tax - individuals. If you're an Oregon resident working for an employer outside the state who doesn't withhold Oregon taxes from your pay, you may need to report and pay Oregon's statewide transit tax. See the instructions for Form OR-STI on our website or contact us for more information. Data security breaches. Tax professionals suffering a data breach associated with tax return preparation must report the breach promptly to us. See our website for additional information.

150-101-040-1 (Rev. 01-29-26) 6 2025 Form OR-40 Instructions General information Do I need to file an Oregon return? You need to file an Oregon income tax return if your gross income is more than the amount shown below for your filing status, or if you're required to file a federal return. Table 1. Filing thresholds Amounts apply to full-year residents only. Your filing status is: Number of boxes checked on line 17 of return: And your gross income is more than: Dependent Any $1,350* Single 0 $7,935 1 $9,135 2 $10,335 Married filing jointly 0 $15,865 1 $16,865 2 $17,865 3 $18,865 4 $19,865 Married filing separately 0 $7,935 1 $8,935 2 $9,935 Head of household 0 $9,950 1 $11,150 2 $12,350 Qualifying surviving spouse 0 $11,060 1 $12,060 2 $13,060 *The larger of $1,350, or your earned income plus $450, up to the standard deduction amount for your filing status, including any additional amount if you're age 65 or older or blind. In addition, file a return if: • You had $1 or more of Oregon income tax withheld from your wages and you want to claim a refund. • You may qualify to claim a refundable credit. How long will it take to get my refund? Return processing times vary due to many factors, including the complexity of your return. Electronically filed returns are generally received and processed faster. Paper returns must have all required Oregon sched- ules, proof of tax withheld, and a copy of your federal return included to ensure smooth processing. If you don’t have a federal filing requirement, create a substi- tute federal return and check the “calculated using ‘as- if’ federal return” box on your Oregon return. Returns mailed closer to April 15, when we receive the most returns, can take longer to process. Also, returns that require additional review can take more time to process. Typical reasons for additional review include incomplete documentation, identity verification needed, claiming a refundable credit, proof of tax withheld needed, etc. To check the status of your refund, click on “Where’s my refund?” at www.oregon.gov/dor/personal. What income does Oregon tax? An Oregon resident is taxed on all income, including income from outside the state. A nonresident of Oregon is taxed only on income from Oregon sources. Residency As an Oregon taxpayer, you are taxed as a full-year resident, a nonresident, or a part-year resident. Note: If you served in the military during 2025, see “Military personnel” below. Full-year resident You’re a full-year Oregon resident if your domicile is in Oregon: that is, if all the following are true for you: • You think of Oregon as your permanent home. • The center of your financial, social, and family life is in Oregon. • You intend to return to Oregon when you’re away. You’re still a full-year resident even if you temporar- ily moved out of Oregon—or if you moved back into Oregon after a temporary absence—during 2025. You may be taxed as a full-year Oregon resident, even if your domicile is outside Oregon, if you maintained a permanent home in Oregon and spent more than 200 days in this state during 2025, unless you can show that you were in Oregon only for a temporary purpose. Nonresident You’re a nonresident if both of the following are true for you:

150-101-040-1 (Rev. 01-29-26) 7 2025 Form OR-40 Instructions • Your domicile is outside of Oregon: that is, the place that you think of as your permanent home, where the center of your financial, social, and family life is, and where you intend to return when you’re away, is not Oregon; and • If you maintain a permanent home in Oregon, you didn’t spend more than 200 days in this state during 2025 (or you can show that you were in Oregon only for a temporary purpose). Important. A recreational vehicle (RV) isn’t considered a permanent home outside of Oregon. Special-case Oregon resident. You may be taxed as a nonresident, even if your domicile is in Oregon, if all the following are true for you: • You don’t maintain a permanent home in Oregon. • You maintain a permanent home outside Oregon. • You spent a total of 30 days or less in Oregon during 2025. Oregon residents living abroad. You may be taxed as a nonresident if you qualify for the federal foreign earned income or housing exclusions for U.S. residents living abroad. Part-year resident You were a part-year resident if you were an Oregon resident for part of the year and a nonresident for the rest of the year. See Publication OR-17 for examples and more informa- tion about residency. What form do I use? Use Form OR-40 if: • You're a full-year resident and you're not filing a joint return. • Both you and your spouse are full-year residents, if you're filing a joint return. Use Form OR-40-P if any ONE of the following is true: • You’re a part-year resident and you're not filing a joint return. • Both you and your spouse are part-year residents, or one of you is a full-year Oregon resident and the other is a part-year resident, if you're filing a joint return. • You (and your spouse, if you're filing a joint return) qualified as an Oregon resident living abroad for part of the year. Use Form OR-40-N if any ONE of the following is true: • You’re a nonresident. • You’re a special-case Oregon resident. • You or your spouse are a nonresident, if you're filing a joint return. • You (or your spouse, if you're filing a joint return) are in the military, and you're treated as a nonresident for state income tax purposes. • You (or your spouse, if you're filing a joint return) qualified as an Oregon resident living abroad for the entire year. Military personnel If you were in the military during 2025, you are taxed as a full-year resident only if all of the following were true for you: • Your domicile was in Oregon (or you elect to be treated as an Oregon resident for state income tax purposes); • You were unmarried, or you were married and filing a joint return and your spouse was also domiciled in Oregon (or you both elect to be treated as Oregon residents for state income tax purposes); and • Your address in the Defense Finance and Accounting System (DFAS) payroll records was in Oregon. If you’re taxed as a resident, you may be able to subtract some or all of your military pay. For more information about the military pay subtraction, see “Military pay subtractions” in Publication OR-17. If any of the above are not true for you, you (or your spouse, if you're filing a joint return) may be treated as a nonresident for state income tax purposes. Nonresidents stationed in Oregon. Oregon does not tax your military pay unless you elect to be treated as an Oregon resident for state income tax purposes. File a nonresident return and check the “Military” box if you have other income from Oregon sources or to request a refund of withheld Oregon tax. Military spouses. Unless you elect to be treated as an Oregon resident for state income tax purposes, Oregon does not tax your wages if your domicile is outside the state and you’re in Oregon only to be with your spouse who is stationed here. File a nonresident return and check the “Military” box if you have income from Ore- gon sources other than wages or to request a refund of withheld Oregon tax. For more information, see "Military personnel filing information" in Publication OR-17. Filing for a deceased person A personal income tax return must be filed for a per- son who died if the person would have been required to file. See “Do I need to file?” on the previous page. Check the “Deceased” box next to the person’s name on the return. If you have been appointed personal

150-101-040-1 (Rev. 01-29-26) 8 2025 Form OR-40 Instructions representative or you have filed a small estate affida- vit, sign the return as ”personal representative.” A sur- viving spouse must sign if it’s a joint return. If there’s no personal representative, only the surviving spouse needs to sign a joint return. Note: Oregon has an estate transfer tax on estates val- ued at $1 million or more. The tax is paid by the estate using Form OR-706, not by the individuals receiving the inheritance. For more information, see the instruc- tions for Form OR-706. When should I file my return? The filing deadline for calendar year 2025 is April 15, 2026. If you can’t pay your tax by the due date, it’s important to file your return anyway to avoid a late- filing penalty. Returns for fiscal filers are due by the 15th day of the fourth month after the close of their tax year. What if I need more time to file? If you requested a federal extension to file, Oregon will allow the same extension. Don’t include a copy of your federal extension with your Oregon return; keep it with your records. If you need an extension of time to file only your Oregon return, see Publication OR-40-EXT. The due date for filing your return on extension is October 15, 2026. An extension doesn’t mean more time to pay. To avoid interest charges, you must pay all of the tax you expect to owe by April 15, 2026. If you can’t pay all of the tax you expect to owe, pay what you can. You’ll owe interest on any unpaid tax starting April 16, 2026, until the date of your payment. You may also be charged a penalty for failing to pay your tax on time. See “Penalties” and the instructions for line 43. Don’t forget to check the “Extension filed” box on your return when you file. File your return by October 15, 2026. Penalties If you don’t pay all of your tax by April 15, 2026, you may be charged a 5 percent penalty on the unpaid amount, even if you requested an extension to file your return. Oregon doesn’t allow an extension of time to pay tax, even if the IRS does. You’ll be charged a 20 percent penalty for failing to file your return if you file it more than three months after the due date, including extensions. If both penalties apply, the total penalty will be 25 percent of the unpaid tax. Note: If you fail to file returns for three consecutive years by the due date for the third year’s return, includ- ing extensions, you’ll be charged a penalty of 100 per- cent of each year’s unpaid tax. For more information about these and other penalties, see the instructions for line 43 and “Interest and penal- ties” in Publication OR-17. Interest on underpayment of estimated tax You may owe interest for underpaying your estimated tax if: • The tax on your return after credits and withholding is $1,000 or more; and • You underpaid one or more of your required esti- mated tax installments. See the instructions for line 44 and Form OR-10 Instruc- tions for more information. What if I need to change my Oregon return after filing? It depends on what you need to change. Follow these instructions for amending (changing) your return if: • You discover that your income, deductions, or other item(s) were wrong. • You used a form that didn’t match your residency status. • Your filing status wasn’t correct. • The IRS or another state adjusted or audited your return and it affects your Oregon tax. • You have a net operating loss (NOL) carryback. • Changes in federal or state income tax laws affect a return you’ve already filed. Don’t amend your Oregon return if: • We made changes to your return and you object to those changes. You must follow the appeal process in the notice we sent you. • You’re filing a protective claim for a refund. Use Form OR-PCR, which is available on our website, or you can contact us to order it. Refer to the instructions for the return you need to amend. Visit our website or contact us if you need forms and instructions. It may take six months or longer to pro- cess your amended return. There’s a time limit for filing an amended return to claim a refund. See the instructions for lines 47 through 51, and for more information, see “Amended returns” in Publication OR-17.

150-101-040-1 (Rev. 01-29-26) 9 2025 Form OR-40 Instructions How do I amend my 2025 return? General instructions • Complete the return as it should’ve been filed, includ- ing adjustments we made. • Check the “Amended return” box on the first page. • In the “Amended statement” space on the last page, provide the return line number and reason for each change. • Use the Amended worksheet to figure your amended tax due or refund. • If you’re amending your federal return or a return you filed with another state, include a copy of those amended returns with your amended Oregon return. If you’re only amending your Oregon return, include a copy of your original federal return. Don’t include a copy of your original Oregon return. Residency. Use the form that matches your residency status for the year you’re amending, even if your origi- nal return was filed on a different form. Mailing address. Use your current address. Adjustment made by the IRS or another state. Include a copy of the corrected federal or other state return or audit report. Electronically file your amended return. You can now electronically file your Oregon amended return using Direct File Oregon or e-file software. Go to Revenue Online to amend your return through Direct File, or contact your software provider to find out if they sup- port filing an amended federal return. NOL carryback. Enter the loss year in the NOL tax year box on the first page of the return. If you’re carrying back an NOL from more than one year, file a separate amended return for each NOL year. In the “Amended statement” space on the last page of the return, tell us the section number of the IRC or Oregon Revised Stat- ute (ORS) that allows you to carry the NOL(s) back to the 2025 tax year. See “Net operating losses (NOLs)” in Publication OR-17 for more information. Amended worksheet Use this worksheet to figure your amended refund or tax to pay. Keep the completed worksheet with your records. Note: If we adjusted any of the amounts on your original 2025 return, use the adjusted amounts. 1. Amended tax after standard and carryforward credits (amended Form OR-40, line 31). 1. 2. Amended total payments and refundable credits (amended Form OR-40, line 40). 2. 3. Line 1 minus line 2. If less than 0, use a minus sign. 3. 4. Refund you already had for 2025 (original Form OR-40, line 47; Form OR-40-N, line 72; or Form OR-40-P, line 71). If you didn’t have a refund, enter 0. 4. 5. Amended tax to pay or refund. Line 3 plus line 4. If less than 0, you have a refund; go to line 6. If more than 0, you owe tax; skip to line 8. 5. 6. Refund applications that weren’t on your original return (amended Form OR-40, lines 48 through 51), up to the refund amount on line 5. Don’t use a minus sign. Example: If line 5 is –$500, you may apply up to $500 on your amended Form OR-40, lines 48 through 51. 6. 7. Net amended refund. Line 5 plus line 6. This can’t be more than 0. 7. 8. Penalty and interest on amended tax to pay (amended Form OR-40, line 45). 8. 9. Total amended amount you owe. Line 5 plus line 8. 9. 10. Payments made on or after April 15, 2026. 10. 11. Total amount to pay with your amended return. Line 9 minus line 10. 11. 2026 estimated tax Estimated tax is the amount of tax (after credits and withholding) you expect will be shown on your return when you file. Do I need to make estimated payments? In most cases, if you expect your return to show that your tax will be at least $1,000 after credits and with- holding, you must make estimated payments. You may need to make estimated payments if: • You're self-employed and don’t have Oregon tax withheld from your income.

150-101-040-1 (Rev. 01-29-26) 10 2025 Form OR-40 Instructions • You have Oregon Lottery single-ticket winnings of less than $1,500. • Oregon tax isn’t withheld from other types of income (such as pensions, interest, or dividends) and you expect to owe tax of $1,000 or more on this income. • You’re a wage earner, but after credits and withhold- ing, the tax on your return will still be $1,000 or more. In that case, you may want to increase the amount your employer withholds from your Oregon wages. For withholding information, go to the Individuals page on our website and look for Do a paycheck checkup. Oregon and federal estimated tax laws are not the same. See Publication OR-ESTIMATE for more infor- mation, including: • Detailed instructions for calculating installment payments. • Installment periods and due dates. • Helpful worksheets and examples. • Payment instructions. You can find Publication OR-ESTIMATE and the pay- ment voucher, Form OR-40-V, on our website or you can contact us to order them.

150-101-040-1 (Rev. 01-29-26) 11 2025 Form OR-40 Instructions General instructions for Form OR-40 Step 1: Complete your federal return Complete your federal return first. Do this even if you aren’t required to file a federal return. You must use the information from your federal return to com- plete your Oregon return. You must include a copy (front and back) of your federal Form 1040, 1040-SR, or 1040-NR with Schedules 1, 1-A, 2, and 3 (if applicable) with your Oregon return. If you're amending your Oregon return and your federal return, include a copy of Form 1040-X and an amended Form 1040, 1040-SR, or 1040-NR with Schedules 1, 1-A, 2, and 3 (if applicable). If you don’t provide a copy of your federal return, we may adjust or deny your Oregon subtractions, deduc- tions, and credits. Include federal Schedules 1, 1-A, 2, and 3 (if applicable); don’t include any other federal schedules unless otherwise instructed. We may ask you for copies of other schedules or additional infor- mation later. Oregon registered domestic partners (RDPs). To cor- rectly determine your Oregon tax liability, you must complete a federal income tax return as if you were fil- ing as married filing jointly or married filing separately. Check the “Calculated using ‘as if’ federal return” box on your Oregon return. For more information on how to file as an RDP, see Pub- lication OR-17 or visit our website. Step 2: Select the appropriate Oregon form To decide which form to use, see “What form do I use?” in the “General information” section. Step 3: Fill out the Oregon return Use blue or black ink only for easier reading and faster processing. The equipment used to scan documents and checks can’t read gel ink or certain colors, and using them will delay the processing of your return. Fiscal-year filers Write the ending date of your fiscal year in the “Fiscal filers only: Year-end date” box on the return. Check the boxes Amended return If you’re amending your 2025 return, check this box. See “What if I need to change my return after filing?” in the “General information” section for instructions. Calculated using “as if” federal return Check this box if: • You’re filing as an Oregon RDP. • Your filing status is married filing separately for Ore- gon only because you and your spouse don’t have the same residency status. • You didn’t file a federal return. Short-year tax election If you’re filing a short-year return due to a bankruptcy, check this box and write the ending date in the “Fiscal filers only: Year-end date” box. Extension filed Check this box if you requested an extension to file your return. See “What if I need more time to file?” in the “General information” section and Publication OR-40-EXT for more information. Form OR-24 Check this box if you’re deferring gain on like-kind property that was exchanged or converted. You will report the gain to Oregon when it’s reported on your federal return (federal Form 8824). You must include Form OR-24 with your Oregon return or provide it elec- tronically through your Revenue Online account. Form OR-243 Check this box if you are attaching Form OR-243, Claim to Refund Due a Deceased Person. Federal Form 8379 Check this box if you’re requesting your joint refund be apportioned and you are attaching federal Form 8379. For additional information, see “Injured spouse refund claims” in Publication OR-17. Federal Form 8886 Check this box if you filed federal Form 8886, Reportable Transaction Disclosure Statement. Disaster relief If you were affected by a declared natural disaster in 2025, check this box. Name and address Type or clearly print your own and, if married, your spouse's name, date of birth, and Social Security num- ber (SSN). Enter your spouse’s information even if you’re filing separately.

150-101-040-1 (Rev. 01-29-26) 12 2025 Form OR-40 Instructions SSN. You must provide your SSN per Section 405, Title 42, of the United States Code. We will only use it to establish your identity for tax purposes. Follow these instructions if you’ve filed previous tax returns using an individual taxpayer identification number (ITIN) and this is your first year filing using your new SSN: • Check the “First time using this SSN” box. • Write your previous identification number on the first line of the “Amended statement” space on the last page of your return. ITIN. If the IRS assigned you an ITIN because you don’t qualify for an SSN, enter your ITIN wherever an SSN is requested. Refunds will not be issued without a valid SSN or ITIN. If you don’t have an ITIN, you must request one from the IRS. To get an ITIN application (federal Form W-7), go to www.irs.gov or call 800-829-1040. If you’ve applied for an ITIN but you haven’t received it yet: • Check the “Applied for ITIN” box. • File your return by April 15, 2026. • Don’t include Form W-7 with your return. Keep it with your records. • Once the IRS issues your ITIN, mail a copy of your ITIN letter to us at PO Box 14999, Salem OR 97309-0990. Deceased taxpayer. Mark the "Deceased" box for a tax- payer who died during 2025 or 2026. Mailing address: Enter your current mailing address. This is where we’ll send any refund or correspondence, if needed. Enter your current daytime phone number. Filing status 1 5 –

Check the box next to your filing status. Generally, you must use the same fil- ing status for your Oregon and federal returns. Choose only one filing status. Exception for Oregon RDPs. As an Oregon RDP, you’re not eligible to use the single filing status on your Ore- gon return. For Oregon, you’re generally required to use the married filing jointly or married filing sepa- rately filing status. For more information, go to our website, see “Filing an Oregon return” in Publication OR-17, or contact us. Exceptions for married persons who filed a joint fed- eral return when each person had a different resi- dency status. Use Table 2 to determine which return form to use if you file a joint return or separate returns for Oregon. Table 2. Spouses with different residency status Spouses’ residency status: If you file a joint return, use: If you file separate returns: Part-year and nonresident OR-40-N Each spouse uses the form that matches their individual residency status Nonresident and full-year resident OR-40-N Part-year and full- year resident OR-40-P How to file separate returns for Oregon If you’re filing a joint federal return but separate Oregon returns, enter your spouse’s name, date of birth, and SSN on your return. Report your own share of federal AGI and deductions. Also, report your share of any Oregon additions or subtractions using this for- mula to determine your percentage: Your share of federal AGI = Your percentage (not to exceed 100%) Joint federal AGI Check the “Calculated using ‘as if’ federal return” box on your return. You must include the following forms with both Oregon returns: • A federal Form 1040, 1040-SR, or 1040-NR with Sched- ules 1, 1-A, 2, and 3 (if applicable) prepared as if you had filed separate federal returns. • A copy of the joint Form 1040, 1040-SR, or 1040-NR with Schedules 1, 1-A, 2, and 3 (if applicable) that you actually filed with the IRS. If the federal form you filed is an amendment, include Form 1040-X and federal returns as amended for your actual and “as if” returns. If possible, mail both Oregon returns in the same enve- lope. Don’t staple the returns together. For more information, see “Filing status” in Publication OR-17. Exemptions 6a 6b &

Yourself and spouse. If you can’t be claimed as a dependent on someone else’s return, check the “Regular” exemption box below line 6a; otherwise, check the "Someone else can claim you as a dependent" box, even if the other person doesn’t actually claim you as a dependent. If you're married and filing a joint return (or filing separately but your spouse has no income) and your spouse can't be claimed as a dependent on someone else's return, check the “Regular” exemption box below line 6b; otherwise, check the "Someone else can claim

150-101-040-1 (Rev. 01-29-26) 13 2025 Form OR-40 Instructions your spouse as a dependent" box, even if the other per- son doesn't actually claim your spouse as a dependent. Severe disability exemption. You or your spouse may qualify for the additional "severe disability" exemption, even if someone else can claim you or your spouse as a dependent, if any of the following apply to you or your spouse: • You permanently lost the use of one or both legs or feet. • You permanently lost the use of both hands. • You’re permanently blind. • You have a permanent condition that, without special equipment or outside help, limits your ability to earn a living, maintain a household, or transport yourself. • You're unable to earn a living due to a permanent condition or an impairment of indefinite duration. To confirm that you or your spouse qualify for the additional exemption, a licensed physician must write a letter describing the nature and extent of the disabil- ity. Keep the letter with your records in case we request a copy. If you qualify for this additional exemption, check the “Severe disability” box below line 6a. If your spouse qualifies, check the box below line 6b. Total exemptions for yourself and your spouse. Enter the total number of boxes you checked for yourself on line 6a and for your spouse on line 6b. 6c Dependents. List your dependents in order from youngest to oldest. For each dependent, enter their full name, date of birth, SSN, and relationship code (see Table 3). Table 3. Relationship codes Title Code Relationships included Child SD Biological or adopted child. Stepchild SC Stepchild. Foster child FC Foster child. Sibling SB Sibling, half sibling, stepsibling, or sibling-in-law. Parent PT Parent, stepparent, or parent-in-law. Spouse SP Spouse or RDP. Grandparent GP Grandparent or great-grandparent. Grandchild GC Grandchild or great-grandchild. Aunt/Uncle AU Parent's sibling or the sibling's spouse or RDP. Niece/Nephew NN Sibling's child, grandchild, or other descendant. Other relative OR Child's spouse or RDP, cousin, or other related individual. No relation NR Unrelated qualifying individual. Schedule OR-ADD-DEP. You can list up to three depen- dents on Form OR-40. If you have more than three, use Schedule OR-ADD-DEP to list your other dependents. You can download the schedule from our website or contact us to order it. Use as many additional schedules as needed. Don't list dependents on Schedule OR-ADD- DEP who are already listed on Form OR-40. Include Schedule OR-ADD-DEP when you file your return. Total number of dependents. On line 6c, enter your total number of dependents, including the total(s) from Schedule OR-ADD-DEP, line 6. 6d Child with a disability. The additional "Child with a disability" exemption is for a dependent child, age 21 or younger, who was eligible for early intervention or special education services, as defined by the State Board of Education of the state where the child attended school, as of the end of the tax year. The child must have had an eligible disability under the federal Individuals with Disabilities Education Act. Eligible disabilities include: • Autism spectrum disorder. • Communication disorder. • Deafblindness. • Developmental delay. • Emotional disturbance. • Hearing impairment (including deafness). • Intellectual disability. • Orthopedic impairment. • Other health impairment. • Specific learning disability. • Traumatic brain injury. • Visual impairment (including blindness). Each year, you must be able to provide an eligibility statement and a cover sheet from the child's IEP (Indi- vidualized Education Program) or IFSP (Individualized Family Service Plan). Keep these with your tax records. Check the "Child with a disability" exemption box for each qualifying child listed on Form OR-40 and Sched- ule OR-ADD-DEP. Total number of children with a disability. On line 6d, enter the total number of boxes checked for this addi- tional exemption, including the total(s) from Schedule OR-ADD-DEP, line 7. 6e Total exemptions. Add lines 6a through 6d and enter the total on line 6e. This is your total num- ber of exemptions.

150-101-040-1 (Rev. 01-29-26) 14 2025 Form OR-40 Instructions Form OR-40 line instructions Don’t enter cents. You must round off cents to the near- est dollar. For example, $99.49 becomes $99, and $99.50 becomes $100. If you don’t round entries to the nearest dollar, there may be small variations in the totals we use. 7 Federal adjusted gross income (AGI). Enter your federal AGI from Form 1040, 1040-SR, or 1040-NR, line 11a; or Form 1040-X, line 1C. You must include a copy (front and back) of your fed- eral return, including Schedules 1, 1-A, 2, and 3 (if applicable), with your Oregon return. This helps us verify your income and process your return faster. If you don’t include your federal return with your Oregon return, items claimed on your Oregon return may be adjusted or denied. Additions 8 Total additions from Schedule OR-ASC. Addi- tions are reported on Schedule OR-ASC. Enter the total from Schedule OR-ASC, line A5. Include the schedule with your return. For more information about additions, see “Additions” in Publication OR-17. Subtractions 10 2025 federal tax liability subtraction. Your fed- eral tax liability subtraction amount is your fed- eral income tax after all credits other than the earned income tax credit (EITC). For 2025, the amount you may subtract is limited to $8,500 ($4,250 if married fil- ing separately) and is further limited by your AGI (see Table 4). Follow the instructions for the Federal tax liability worksheet carefully. Note: Use the amounts from your actual federal return(s), not your "as if" return(s), if you are: • Spouses filing a joint federal return but separate Ore- gon returns due to a difference in residency. • RDPs filing separate federal returns and a joint Ore- gon return. Note: Use the worksheet(s) in the “Federal income tax liability” section of Publication OR-17 if any of these situations apply: • You’re amending your 2025 federal return or we cor- rected the federal tax liability subtraction on your original 2025 Oregon return. • A prior year’s federal return was audited or amended, resulting in additional federal income tax paid or refunded in 2025. • You paid income tax to a foreign country. • You filed your federal return on Form 1040-NR. • You reported recapture taxes or credits on your fed- eral return. Caution: Don’t include any of the following in your calculation: • Self-employment tax. • Social Security and Medicare tax on tips. • Household employment taxes. • Penalties or interest. Federal tax worksheet Note: All references to federal Form 1040 in this work- sheet also include references to Forms 1040-SR and 1040-NR, unless otherwise indicated. This also includes versions of these forms in other languages. Instructions for Federal tax liability subtraction worksheet Line 1: Enter your federal tax liability after nonrefund- able credits but before other taxes. This is found on Form 1040, line 22. Line 2: If you need to repay any advance premium tax credit that you received during the year, enter the repayment amount from Form 1040, Schedule 2, line 1a. If not, enter 0. Line 3: Line 1 minus line 2. If the results are less than 0, enter 0. Line 4: Enter the total of any other taxes, plus any tax recaptures or other additions to tax that include only income tax, from Form 1040, Schedule 2, lines 8, 16, and 17. Include any tax on non-effectively connected income from Form 1040-NR, line 23a. Don’t include any additions to tax from Schedule 2, line 17 that are penalties, interest, excise tax, or other amounts that aren’t income tax. If you have no other taxes, enter 0. Line 5: Add lines 3 and 4. This is your federal income tax liability before refundable credits. Line 8: Enter your total premium tax credit amount from federal Form 8962, line 24. This is your allowable premium credit regardless of any excess advance pay- ments you received or credit you’re claiming on your federal return.

150-101-040-1 (Rev. 01-29-26) 15 2025 Form OR-40 Instructions Line 9: Add lines 6, 7, and 8. These are the total refund- able credits that must be subtracted from your federal income tax liability. Line 10: Line 5 minus line 9. If less than 0, enter 0. This is your federal income tax liability after refundable credits (other than EITC). Line 11: Enter your maximum allowable federal tax liability subtraction amount from Table 4. Don’t enter more than your limit or less than zero. Line 12: Enter the smaller of line 10 or line 11. This is your federal tax liability subtraction. Federal tax liability subtraction worksheet 1. Federal tax liability (Form 1040 line 22). 1. 2. Excess advance premium tax credit (Form 1040, Schedule 2, line 1a). 2. 3. Line 1 minus line 2. (If less than 0, enter 0). 3. 4. Other taxes (see instructions). 4. 5. Line 3 plus line 4. 5. 6. American Opportunity credit (form 1040, line 29). 6. 7. Refundable adoption credit (Form 1040 or 1040-SR, line 30). 7. 8. Premium tax credit (Form 8962, line 24). 8. 9. Add lines 6, 7, and 8. 9. 10. Line 5 minus line 9. (If less than 0, enter 0). 10. 11. Maximum subtraction amount from Table 4. 11. 12. Smaller of line 10 or line 11. This is your federal tax liability subtraction. 12. Are you amending your 2025 return? Usually you can't change your federal tax subtraction on your amended return, but there are some exceptions. See the “Fed- eral income tax liability” section in Publication OR-17 for more information before making changes to this subtraction. Table 4. Federal tax liability subtraction AGI phaseout If your filing status is: And your federal adjusted gross income is: Then your maximum allowable tax liability subtraction is: At least— But less than— Single 0 $125,000 $8,500 $125,000 $130,000 $6,800 $130,000 $135,000 $5,100 $135,000 $140,000 $3,400 $140,000 $145,000 $1,700 $145,000 or more 0 Married filing separately 0 $125,000 $4,250 $125,000 $130,000 $3,400 $130,000 $135,000 $2,550 $135,000 $140,000 $1,700 $140,000 $145,000 $850 $145,000 or more 0 Married filing jointly; or Head of household; or Qualifying surviving spouse 0 $250,000 $8,500 $250,000 $260,000 $6,800 $260,000 $270,000 $5,100 $270,000 $280,000 $3,400 $280,000 $290,000 $1,700 $290,000 or more 0 11 Social Security and tier 1 Railroad Retirement Board benefits income. Enter the amount from federal Form 1040 or 1040-SR, line 6b. If you have tier 2, windfall/vested dual, or supplemental Railroad Retire- ment Board benefits, these are subtracted on Schedule OR-ASC. For more information, see this topic under “Income” and "Subtractions" in Publication OR-17. 12 Oregon income tax refund included in federal income. Enter your Oregon state income tax refund from federal Form 1040 or 1040-SR, Schedule 1, line 1. Don’t include local, county, or other states’ tax refunds. 13 Total subtractions from Schedule OR-ASC. Other subtractions not explained here are claimed on Schedule OR-ASC. Enter the total from Schedule OR- ASC, line B7. Include the schedule with your return. For more information about subtractions, see Schedule OR-ASC and OR-ASC-NP Instructions or “Subtrac- tions” in Publication OR-17.

150-101-040-1 (Rev. 01-29-26) 16 2025 Form OR-40 Instructions Deductions In general, you can claim Oregon itemized deductions or the standard deduction, whichever is larger, but not both. See the exceptions below for: • Dependents who can be claimed on another taxpay- er’s return. • Non-U.S. citizens without permanent resident status. • Spouses filing separate returns. 16 Itemized deductions. If you’re itemizing your deductions for Oregon, enter the amount from Schedule OR-A, line 23. Note: Don’t enter your federal itemized deductions; the amount allowed for Oregon may be different. You can download Schedule OR-A and the instructions from our website or you can con- tact us to order them. If you’re not itemizing, enter 0. 17 Standard deduction. Generally, your standard deduction is based on your filing status, as shown in Table 5: Table 5. Standard deduction Single $2,835 Married filing jointly $5,670 Married filing separately • If spouse claims standard deduction $2,835 • If spouse claims itemized deductions 0 Head of household $4,560 Qualifying surviving spouse $5,670 Standard deduction—Age 65 or older, or blind. If you or your spouse turned age 65 by January 1, 2026, or were blind at the end of the tax year, you're entitled to a larger standard deduction. If you or your spouse are permanently blind, you may also qualify for the severe disability exemption claimed on lines 6a and 6b. Check the applicable boxes below line 17, then multiply the number of boxes checked by: • $1,200 if single or head of household filing status; or • $1,000 for all other filers. Add this amount to the standard deduction for your fil- ing status from Table 5. Enter the total on line 17. Example: Joni and Mike are married. By January 1, 2026, Joni had turned 61 and Mike had turned 67. Joni files the return as the primary taxpayer. She checks the box for spouse age 65 or older and adds $1,000 to their standard deduction. Joni enters $6,670 ($5,670 + $1,000) on line 17. Standard deduction—Dependents who can be claimed on another taxpayer’s return. If someone else can claim you as a dependent, your standard deduction is limited to the larger of: • Your earned income plus $450, up to the maximum allowed for your filing status (see Table 5); or • $1,350. This limit applies even if the other person doesn't actu- ally claim you as a dependent on their return. If you’re a dependent and not married, use the follow- ing worksheet to figure your standard deduction. If you’re a dependent and married, see “Deductions and modifications” in Publication OR-17. Standard deduction worksheet for single dependents 1. Enter your earned income (see definition below). 1. 2. Additional $450. 2. $450 3. Add lines 1 and 2. 3. 4. Minimum standard deduction. 4. $1,350 5. Enter the larger of line 3 or line 4. 5. 6. Basic standard deduction for single. 6. $2,835 7. Enter the smaller of line 5 or line 6. 7. 8. If you turned age 65 by 1/1/2026, enter $1,200. Otherwise, enter 0. 8. 9. If you’re blind, enter $1,200. Otherwise, enter 0. 9. 10. Add lines 7, 8, and 9. This is your standard deduction. 10. Earned income includes salaries, wages, tips, profes- sional fees, or other amounts received as pay for work you actually performed, and any part of a scholarship or fellowship grant you received that is included in your federal gross income. Standard deduction —Non-U.S. citizen without per- manent resident status. Your standard deduction is $0, but you may claim itemized deductions. Standard deduction—Married filing separately. The standard deduction for married individuals filing sep- arately is $0 if one spouse itemizes. This applies even if the standard deduction is more than your itemized deductions. Oregon tax 20 Tax tables. Use the tax tables to find your tax if your taxable income on line 19 is less than

150-101-040-1 (Rev. 01-29-26) 17 2025 Form OR-40 Instructions $50,000. Find the range for your taxable income, then locate your tax in Column S or Column J: • Use Column S if your filing status is single or mar- ried filing separately. • Use Column J if your filing status is married filing jointly, head of household, or qualifying surviving spouse. Tax rate charts. If your taxable income on line 19 is $50,000 or more, calculate your tax using the formula in the tax rate chart for your filing status. • Use Chart S if your filing status is single or married filing separately. • Use Chart J if your filing status is married filing jointly, head of household, or qualifying surviving spouse. Example 1: Emily, a single taxpayer, has taxable income of $19,525. She uses Column S in the tax tables to find the tax on income that is at least $19,500 but less than $19,600. Emily enters $1,400 on line 20. Example 2: Daniel and Madison are filing a joint return. Their Oregon taxable income is $75,500. They use the formula in Chart J to calculate their tax as follows: Tax on the first $50,000 (from the chart) $3,756 Oregon taxable income $75,500 Minus the first $50,000 – 50,000 Excess over $50,000 $25,500 Multiply excess by 8.75% x 0.0875 Tax on excess over $50,000 + $2,231 Total Oregon tax $5,987 Other tax methods. If you qualify, you can compute your Oregon tax using any of the following methods: Farm income averaging method. Did you have income from a farm? You may use the federal farm income averaging method to compute your Oregon tax even if you didn’t use farm income averaging on your fed- eral return. Use Publication OR-FIA and Schedule OR- FIA-40 to compute the Oregon tax using this method. You can download them from our website or contact us to order them. If you use farm income averaging to calculate your tax, enter the tax amount from Schedule OR-FIA-40, line 24 and check box 20a. Don’t include the schedule with your return. Keep it with your records. Farm asset capital gain method. Did you sell or exchange capital assets primarily used in farming because you were getting out of a farming business? Or, did you sell or exchange a farming business in which you held at least a 10 percent ownership interest? If so, you may be eligible for a reduced tax rate on the net capital gain from the proceeds. Use Worksheet FCG inside Publication OR-FCG to compute the Oregon tax using this method. You can download it from our web- site or contact us to order it. Enter the tax amount from Worksheet FCG, line 9, and check box 20b. Don’t include the worksheet with your return. Keep it with your records. Oregon qualified business income reduced tax rate. Did you have business income from a sole proprietor- ship, partnership, or S corporation in which you mate- rially participated? If so, you may qualify to use this reduced tax rate. For details, see Schedule OR-PTE-FY and Publication OR-PTE on our website or contact us to order them. Note: If you elect to use this reduced tax rate for quali- fying income, the election is irrevocable and must be made on your original return. An original return includes an amended return filed on or before the due date, including extensions. You can’t change the elec- tion after your original return has been filed. If you elect to use the reduced rate to calculate your tax, enter the tax amount from Schedule OR-PTE-FY, line 14a and check box 20c. Include the schedule with your Oregon return. 21 Interest on certain installment sales. Did you have installment sales that required you to pay interest on the deferred tax liability for federal pur- poses? If so, you must also compute interest for Oregon using the same method as for federal. The annual inter- est rate is 9 percent for 2025 and 8 percent for 2026. 22 Total tax recaptures from Schedule OR-ASC. Tax recaptures are forfeited tax credits that increase your tax. For information about tax recaptures, see "Additions to tax" in Publication OR-17. Tax recaptures are reported on Schedule OR-ASC. Enter the total from Schedule OR-ASC, line C5. Include Schedule OR-ASC with your return. Standard and carryforward credits Nonrefundable credits can’t be more than your Oregon tax liability. Carryforward credits allow you to claim unused amounts in a later year. Standard credits can’t be used in any other year. For more information about nonrefundable credits, see “Credits” in Publication OR-17. 25 Exemption credit. Depending on your AGI, you may be allowed to claim a credit for the exemp- tions claimed on line 6 of your return. If your federal AGI is more than $200,000 ($100,000 if your filing status is single or married filing separately),

150-101-040-1 (Rev. 01-29-26) 18 2025 Form OR-40 Instructions enter 0; otherwise, use this worksheet to figure your exemption credit. Exemption credit worksheet 1. If your federal AGI is more than $100,000 and your filing status is single or married filing separately, or more than $200,000 for all others, enter 0; otherwise, enter the number of “Regular” boxes checked on lines 6a and 6b plus the number of dependents from line 6c. 1. 2. If your federal AGI is more than $100,000, enter 0; otherwise, enter the number of “Severe disability” boxes checked on lines 6a and 6b. 2. 3. If your federal AGI is more than $100,000, enter 0; otherwise, enter the number of exemptions for children with a qualifying disability from line 6d. 3. 4. Add lines 1, 2, and 3. 4. 5. Line 4 multiplied by $256. This is your exemption credit. 5. 26 Political contribution credit. If your federal AGI isn’t more than $75,000 ($150,000 if you’re filing a joint return), you may claim a standard credit of up to $50 ($100 if you’re filing a joint return) for cash contri- butions you made during 2025 to any: • Qualified political party. • Qualified candidate for federal, state, or local elective office, or the candidate’s campaign, for an election in Oregon. • Political action committee certified in Oregon. 27 Total standard credits from Schedule OR-ASC. All other standard credits are claimed on Sched- ule OR-ASC. Enter the total from Schedule OR-ASC, line D16. Include Schedule OR-ASC with your return. 30 Total carryforward credits from Schedule OR- ASC. All carryforward credits are claimed on Schedule OR-ASC. Enter the total from Schedule OR- ASC, line E9. Include Schedule OR-ASC with your return. Oregon surplus (kicker) 32 Oregon surplus (kicker). The Oregon surplus, known as the “kicker,” is a way for state govern- ment to return some of your taxes to you when reve- nues are more than predicted. The Oregon Department of Administrative Services determines whether there is a surplus and the amount to be returned to taxpay- ers as a kicker. If there’s a surplus, the kicker may be claimed on the return in the same way as a payment. If there’s no surplus, there’s no kicker. Eligibility. To be eligible for a kicker, you must: 1. File your 2024 Oregon return before you file your 2025 return. 2. Have an Oregon personal income tax liability for 2024. 3. File a 2025 Oregon return, even if you don’t otherwise have a filing requirement. Kicker amount. In general, your kicker is a percentage of your total Oregon personal income tax liability for the prior year, as adjusted or amended. Your total per- sonal income tax liability is your Oregon income tax before all payments or credits other than the credit for income taxes paid to another state on mutually-taxed income. For 2025, your kicker is 9.863 percent of your 2024 total Oregon personal income tax liability. Amended 2024 returns. If your 2024 return is amended or adjusted after you file your 2025 return, we may auto- matically adjust your kicker amount. If the changes to your 2024 return reduce your tax liability, your kicker amount may be reduced as well. If so, we may send you a bill for the amount of the reduction along with any interest or penalty. Kicker donation. You may elect to donate your kicker to the Oregon State School Fund for public K-12 education instead of claiming it on your return. This election is irrevocable after the due date of your original return, including extensions. When you file your return, you must choose to do one of the following: • Claim all of your kicker; or • Donate all of your kicker to the State School Fund. If you want to donate only a part of your kicker, you first have to claim all of your kicker on your return. Then, once you receive it, use it to make your donation. Write "State School Fund" on the memo line of your payment. The Oregon State School Fund’s address is: Oregon Department of Education Attn: Accounting 255 Capitol St NE Salem OR 97301

150-101-040-1 (Rev. 01-29-26) 19 2025 Form OR-40 Instructions Online assistance. Our "What's My Kicker" tool can calculate your kicker amount if: • Your filing status was the same for 2024 and 2025, and • You filed with the same spouse (if married) for both years. Look for “What’s my Kicker” on Revenue Online at www.oregon.gov/dor when a kicker is available. Kicker worksheet. This worksheet can help you calcu- late your kicker amount. It’s divided into three parts: Part A: Calculate your 2024 total personal income tax liability and kicker amount. Part B: Prorate your total personal income tax liabil- ity if you filed a joint return for 2024 but you and your spouse aren't filing together for 2025. Part C: Add individual kicker amounts together for a joint 2025 return if you and your spouse didn't file together for 2024. If you’re completing Part B or Part C, you may need to use Part A or Part B more than once. Same filing and marital status. If your filing or mari- tal status hasn't changed, all you need to do is multi- ply your 2024 total Oregon personal income tax liabil- ity by 0.09863. You can also use Part A of the Kicker worksheet. Change in filing or marital status. If you filed a joint return for 2024, but your filing or marital status has changed for 2025, you must prorate your kicker based on your share of 2024 Oregon AGI. Your Oregon AGI is your federal AGI with additions and subtractions related to AGI, such as the subtractions for Social Secu- rity or tier 1 Railroad Retirement Board benefits. See Table 7 and use the Oregon AGI Worksheet if you must prorate your kicker. If you're filing a joint return for 2025, but you and your spouse didn't file together for 2024, you will combine your individual kickers on a joint 2025 return. Table 6. Prorated and/or combined kickers Complete Parts A, B, and C if: Your filing status in And: 2024 was: 2025 is: Joint Joint You were married in 2025 and you (or your spouse, or both) had a different spouse in 2024. Non-joint Joint You were married in 2025 and your spouse had a different spouse in 2024. Non-joint Joint You were married in 2025 and neither of you were married in 2024. (You may skip Part B) Complete Parts A and B if: Your filing status in And: 2024 was: 2025 is: Joint Non-joint You were divorced in 2025 or you’re married but filing separate returns. Joint Non-joint Your spouse died in 2024 and their personal representative or estate is filing a separate 2025 return on their behalf. Optional: Complete Part A if: Your filing status in And: 2024 was: 2025 is: Joint Joint You had the same spouse in both 2024 and 2025. Non-joint Non-joint Joint Joint or non-joint Your spouse died in 2024 and no separate 2025 return is being filed on their behalf, or your spouse died in 2025. Oregon AGI. Table 7 shows additions and subtractions that don't relate to AGI. Use your 2024 return with Schedule OR-ASC or OR-ASC-NP, Table 7, and the 2024 Oregon AGI worksheet if you need to prorate your kicker. Table 7. Additions and subtractions not related to AGI Addition codes 134, 136, 138, 144, 146, 148, 157, 160, 163 Subtraction codes 301, 309, 311, 313, 314, 320, 340*, 351, 388 Other Federal tax liability subtraction All modification codes (600-654)** Artist’s charitable contribution deduction** 2024 Oregon AGI worksheet 1. 2024 income after subtractions

(Form OR-40, line 15; Form

OR-40-N or OR-40-P, line 34S) 1. ______________ 2. Federal tax liability subtraction

(2024 Form OR-40 only, line 10) 2. ______________ 3. Line 1 plus line 2. 3. ______________ 4. Total 2024 addition amount

using codes listed in Table 7. 4. ______________

150-101-040-1 (Rev. 01-29-26) 20 2025 Form OR-40 Instructions 5. Line 3 minus line 4. 5. ______________ 6. Total 2024 subtraction amount

using codes listed in Table 7. 6. ______________ 7. Line 5 plus line 6. This is your

2024 Oregon AGI. 7. ______________ Use a reasonable method to find each spouse’s share of the amount on line 7. *Code 340 doesn’t relate to AGI only if the subtraction is claimed for an itemized deduction that isn’t allowed on the federal return because of a credit for that item. **These items aren’t needed for the worksheet. For more information about Oregon additions and sub- tractions, see Publication OR-17. Deceased taxpayer. The surviving spouse of a deceased taxpayer may claim the full amount of the kicker if a joint return was filed for 2024. A deceased taxpayer’s personal representative may file a 2025 return on the taxpayer’s behalf to claim their kicker. How do I find my 2024 total Oregon personal income tax liability? Use Table 8 and your 2024 Oregon return to find your tax before credits and any credit(s) you claimed for income taxes you paid to another state (using code 802 or 815) on Schedule OR-ASC or OR-ASC-NP. Table 8. Where to find 2024 tax liability If you filed: Tax before credits: Credits using code 802 or 815 from: Form OR-40 Line 24 Schedule OR-ASC, Section C Form OR-40-N Line 50 Schedule OR-ASC-NP, Section E Form OR-40-P Line 49 Kicker worksheet Part A: Total personal income tax liability and kicker. 1. Tax before credits (see Table 8). 1. 2. Credit for income taxes paid to another state using code 802 or 815 (see Table 8). 2. 3. Line 1 minus line 2. This is your total personal income tax liabil- ity for 2024. 3. 4. Line 3 multiplied by 0.09863. Round to the nearest dollar. This is your kicker. 4. Part B: Prorated kicker. Complete Part B only if you must prorate your kicker. See Table 6. Complete the 2024 Oregon AGI worksheet and determine your share of Oregon AGI before you begin this part. 5. 2024 Oregon AGI worksheet, line 7. 5. 6. Your share of 2024 Oregon AGI. 6. 7. Line 6 divided by line 5. Round to two decimal places. 7. 8. Line 4 multiplied by line 7. This is your prorated kicker. 8. Part C: Combined kicker. Complete Part C only if you’re filing a joint return for 2025 and you and your spouse didn’t file a joint return together for 2024. 9. Kicker amount from your worksheet, line 4 (or line 8 if you completed Part B). 9. 10. Your spouse’s kicker from their worksheet, line 4 (or line 8, if they completed Part B). 10. 11. Line 9 plus line 10. This is your combined kicker. 11. Example 1: George and Robin filed a joint 2024 Ore- gon return. They were divorced in 2025 and are filing separate returns. On their 2024 return, their tax before credits was $6,500, and they claimed a $300 credit using code 802 on Schedule OR-ASC. Their 2024 Oregon AGI was $90,000; George’s share was $40,000 and Robin’s share was $50,000. Each completes the 2024 Oregon AGI worksheet and Parts A and B of the Kicker worksheet to find their prorated kickers. George’s worksheet: Part A: 1. Tax before credits $ 6,500 2. Credit using code 802 or 815 – 300 3. Total personal tax liability $ 6,200 4. Line 3 multiplied by 0.09863 $ 612 Part B: 5. 2024 Oregon AGI $ 90,000 6. George’s share $ 40,000 7. Line 6 divided by line 5 0.44 8. Line 4 multiplied by line 7 $ 269 Robin’s worksheet: Part A: 1. Tax before credits $ 6,500 2. Credit using code 802 or 815 – 300 3. Total personal tax liability $ 6,200 4 Line 3 multiplied by 0.09863 $ 612 Part B: 5. 2024 Oregon AGI $ 90,000 6. Robin’s share $ 50,000

150-101-040-1 (Rev. 01-29-26) 21 2025 Form OR-40 Instructions 7. Line 6 divided by line 5 0.56 8. Line 4 multiplied by line 7 $ 343 George’s prorated kicker is $269 and Robin’s prorated kicker is $343. Example 2: Duane and Fern filed a joint Oregon return in 2024. Their Oregon tax before credits was $7,500, and they didn’t claim any credit using code 802 or 815. Their Oregon AGI was $80,000; Fern’s share was $48,000 and Duane’s share was $32,000. They were divorced in early 2025, and Duane married Leslie later that year. Leslie had filed a non-joint Oregon return for 2024. Her Ore- gon tax before credits was $2,000 and she claimed a $200 credit using code 815 on Schedule OR-ASC. Fern didn’t remarry in 2025. Duane, Fern, and Leslie figure their kickers as follows: Duane’s worksheet: Part A: 1. Tax before credits $ 7,500 2. Credit using code 802 or 815 – 0 3. Total personal tax liability $ 7,500 4. Line 3 multiplied by 0.09863 $ 740 Part B: 5. 2024 Oregon AGI $ 80,000 6. Duane’s share $ 32,000 7. Line 6 divided by line 5 0.40 8. Line 4 multiplied by line 7 $ 296 Fern’s worksheet: Part A: 1. Tax before credits $ 7,500 2. Credit using code 802 or 815 – 0 3. Total personal tax liability $ 7,500 4. Line 3 multiplied by 0.09863 $ 740 Part B: 5. 2024 Oregon AGI $ 80,000 6. Fern’s share $ 48,000 7. Line 6 divided by line 5 0.60 8. Line 4 multiplied by line 7 $ 444 Leslie’s worksheet: Part A: 1. Tax before credits $ 2,000 2. Credit using code 802 or 815 – 200 3. Total personal tax liability $ 1,800 4. Line 3 multiplied by 0.09863 $ 178 Leslie skips Part B because she filed a non-joint return for 2024. She and Duane complete Part C: 9. Duane’s kicker from his worksheet, line 8 $ 296 10. Leslie’s kicker from her worksheet, line 4 $ 178 11. Line 9 plus line 10 $ 474 Duane and Leslie’s combined kicker is $474. Fern’s kicker is $444. Claim your kicker. If you’re claiming your kicker, enter the amount from line 4, line 8, or line 11 of the worksheet, as applicable, on line 32. Donate your kicker. If you elect to donate your kicker to the Oregon State School Fund, enter 0 on line 32 and see the instructions for line 55. Reminder: This elec- tion is irrevocable after the due date of the original return, including extensions. Note about offsets: If you claim the kicker and it reduces your 2025 tax liability to zero, any excess will be treated like a refund of overpaid tax. This means that it may be offset (applied as a payment) against any tax or other liabilities you owe before the balance is refunded to you or applied (see Refund applications, below). If you donate your kicker, it may be used first to offset tax or other liabilities you owe, with any remain- ing amount donated to the Oregon State School Fund. If this happens, we’ll send you a notice to let you know. Tax payments 33 Oregon income tax withheld. Enter the total Oregon tax withheld from your wages and other income. State tax withheld from wages is shown in box 17 of Form W-2 and in the State area of various 1099 forms. Don’t include FICA (Social Security) tax with- held or tax withheld from your wages by other states. You must include a legible, unaltered copy of your Form W-2 from each job and any Form 1099 showing Oregon income tax withheld with your Oregon return. If you don’t have a Form W-2 or 1099, you must provide other proof of Oregon tax withheld. Proof may include a copy of a final paycheck stub or a letter from your employer. If you file before February 1, 2026, we can only accept a Form W-2 or 1099 as proof. If you have tax to pay, you may want to increase the amount your employer or other payer withholds from your wages. You can find withholding information and do a "paycheck checkup" on our website. 34 Prior-year refund applied as estimated tax payment. Enter the amount of any prior-year refund you applied as a payment of 2025 estimated tax. If we adjusted your applied refund, be sure to use the adjusted amount. If you need to verify your applied refund amount, log in to or create your Revenue Online account on our website or contact us. 35 Estimated tax payments for 2025. Enter the total estimated tax payments you made before April 15, 2026. For calendar-year filers, these payments were due April 15, 2025; June 16, 2025; September 15,

150-101-040-1 (Rev. 01-29-26) 22 2025 Form OR-40 Instructions 2025; and January 15, 2026. If you're filing on extension, include any extension payment made on or before the due date (without extensions), but don't include any payments made after April 15, 2026. Don’t include the amount reported on line 34. If you need to verify your estimated payments, log in to or create your Revenue Online account on our website or contact us. 36 Estimated tax payments from Schedule OR-K-1, line 20. An Oregon pass-through entity (PTE) or an out-of-state PTE with Oregon-source income may choose to make estimated Oregon tax payments on its owners’ behalf. PTEs report these payments to us on Form OR-19 and to owners on Schedule OR-K-1. Enter the amount from Schedule OR-K-1, line 20. If the PTE didn’t provide Schedule OR-K-1 to you, enter the amount of estimated tax paid on your behalf that the PTE reported to us on Form OR-19. Don’t include any PTE elective tax payments or credit from Schedule OR- 21-K-1. See Publication OR-17 for information about the PTE elective tax and related credit. Refundable credits Refundable credits reduce the amount of tax that you owe. Any amount that is more than your tax liability is treated the same way as an overpayment. Refund- able credits not explained here are claimed on Schedule OR-ASC. For more information about refundable credits, see “Credits” in Publication OR-17. 37 Earned income credit. Oregon’s earned income credit is a percentage of the earned income tax credit (EITC) claimed on your fed- eral return. The percentage is based on the age of your youngest dependent at the end of the tax year. Note to RDPs: You may claim this credit if you would otherwise qualify for the EITC using your “as if” fed- eral return. Schedule OR-EIC-ITIN. If you can't claim any or all of the federal EITC because you, your spouse, or your child(ren) do not have an SSN that is valid for work or are using an ITIN, you may qualify for Oregon's earned income credit for ITIN filers. See Schedule OR-EIC- ITIN Instructions for more information. The schedule and instructions are available in English and Spanish. Download them from our website or contact us to order them. Credit amount. Use Table 9 and the following work- sheet to figure your credit. Table 9. EITC percentage Age of youngest dependent at end of tax year Percentage of federal EITC At least 3 years old, or no dependents 9 percent (0.09) Younger than 3 12 percent (0.12) Earned income credit worksheet 1. Enter your federal EITC from Form 1040 or 1040-SR, line 27a. 1. 2. Enter the percentage from the table as a decimal. 2. 3. Line 1 multiplied by line 2. This is your Oregon earned income credit. 3. 38 Oregon Kids Credit. The Oregon Kids Credit is available for certain taxpayers with qualifying dependent children who were under the age of six at the end of the tax year. See "Exemption credit" in Publication OR-17 for information about qualifying children. Eligibility. To be eligible for the Oregon Kids Credit, you must: 1. Use a filing status other than married filing sepa- rately. If you're married and filing separate returns, you do not qualify for this credit. 2. Have one or more dependents age five or younger at the end of 2025 listed on your Oregon return.* 3. Have qualifying income under $31,550, includ- ing Oregon additions and subtractions and with excluded foreign earned income and total losses greater than $20,000 added back. Deducted tip income, overtime wages, and passenger vehicle interest paid must also be added back. Use the Ore- gon Kids Credit worksheet to figure your credit. If you're eligible, use the Oregon Kids Credit work- sheet to figure your credit. Credit amount. For 2025, the maximum amount of the Oregon Kids Credit is $1,050 per qualifying dependent, for up to five dependents. Your credit amount may be limited by your income. * Note for divorced, separated, or unmarried parents:

If a child is listed as a dependent on your Oregon return only because the custodial parent released the child’s dependent exemption to you, the child doesn’t qualify for purposes of this credit.

If you're the custodial parent of an otherwise quali- fying child, you may be able to claim this credit even if the child's dependent exemption has been released to the other parent.

150-101-040-1 (Rev. 01-29-26) 23 2025 Form OR-40 Instructions Instructions for Oregon Kids Credit worksheet Part A: Credit amount Line 1. Enter your income after subtractions from Form OR-40, line 15. Line 3. If you're claiming a loss on your federal return, the foreign earned income exclusion, or a subtraction on Schedule OR-ASC, see the instructions for Part B. Otherwise, enter 0 on line 3. Line 4. Qualifying income. If the amount on this line is: • $26,550 or less, your Oregon Kids Credit is $1,050 multiplied by the number of your qualifying depen- dents (up to a maximum of $5,250). • More than $26,550 but less than $31,550, your credit will be reduced using the steps on lines 6 through 10. • $31,550 or more, you can’t claim the Oregon Kids Credit. Part B: Loss and exclusion add back Your qualifying income may include up to $20,000 in losses deducted from your federal AGI or subtracted on your Oregon return. Loss amounts above $20,000 and excluded foreign earned income must be added back to your income after Oregon additions and subtractions. Line 11. Enter losses claimed on your Form 1040 and Schedule OR-ASC (using subtraction codes 321, 355, 356, or 357 only), as indicated on lines 11a through 11g. If the amount shown on the indicated line is not a loss, do not enter it on the worksheet. Enter all losses as posi- tive numbers. • Line 11b. If you claimed a subtraction using code 359 or 385, compare your subtraction amount to the income reported on Form 1040, Schedule 1, line 3. If the subtraction is less than your income, you don't have a loss; skip line 11b. Otherwise, subtract the income amount from the subtraction amount and enter the result on line 11b. Example 1. Colten reported $8,000 in additional income from rental real estate on Form 1040, Schedule 1, line 5. He also reported a $6,000 farm loss on Form 1040, Schedule 1, line 6. Colten enters 0 on line 11d of the worksheet for rental real estate, as he did not have a loss reported on Form 1040, Schedule 1, line 5. He enters 6,000 on line 11e, as he did report a farm loss on Form 1040, Schedule 1, line 6. Colten enters his total losses of $6,000 on line 11h. He enters 0 on line 11, because his total losses minus 20,000 are less than 0. Example 2. Michaela reported a business loss of ($15,500) on Form 1040, Schedule 1, line 4. She enters 15,500 on line 11b of the worksheet. She had a rental real estate loss of ($8,000) reported on Form 1040, Schedule 1, line 5. She enters 8,000 on line 11d. She has no other losses. Michaela enters her total losses of 23,500 (15,500 + 8,000) on line 11h. She enters 3,500 (23,500 - 20,000) on line 11. Oregon Kids Credit Worksheet Part A: Credit amount 1. Enter your income after subtractions from Form OR-40, line 15. 1. 2. If you deducted tip income, overtime wages, or passenger vehicle interest paid, enter the combined amount of the subtractions from Schedule OR-ASC, Section B (codes 390, 391, and 392 only). 2. 3. Loss and exclusion add back. If you are claiming any losses on Form 1040, claiming the foreign earned income exclusion, or have an amount greater than 0 on Form OR-40, line 13, complete Part B. Enter the amount from Part B, line 13 here. Otherwise, enter 0 here and go to line 4. 3. 4. Add lines 1, 2, and 3. Is line 4 $31,550 or more? • If yes, STOP. You can't claim the Oregon Kids Credit. • If no, continue to line 5. 4. 5. Phaseout amount. 5. $26,550 6. Line 4 minus line 5. If less than zero, enter 0. 6. 7. Line 6 divided by $5,000. Round to two decimal places. 7. 8. Credit amount before phaseout: 8a. Number of dependent children age five or younger at the end of 2025. Don't enter more than 5. 8a. 8b. Maximum credit amount per child. 8b. $1,050 Line 8a multiplied by line 8b. 8. 9. Credit reduction. Line 7 multiplied by line 8. 9. 10. Line 8 minus line 9. This is your Oregon Kids Credit. 10. Enter the amount from line 10 on Form OR-40, line 38.

150-101-040-1 (Rev. 01-29-26) 24 2025 Form OR-40 Instructions Part B: Loss and exclusion add back 11. Enter your losses, as positive amounts, from: 11a. Capital (loss) from Form 1040, line 7a. 11a. 11b. Business (loss) from Form 1040, Schedule 1, line 3. If you claimed Oregon subtraction code 359 or 385, see instructions. 11b. 11c. Other (loss) from Form 1040, Schedule 1, line 4. 11c. 11d. Rental real estate, etc. (loss) from Form 1040, Schedule 1, line 5. 11d. 11e. Farm (loss) from Form 1040, Schedule 1, line 6. 11e. 11f. Net operating loss from Form 1040, Schedule 1, line 8a. 11f. 11g. Losses from Schedule OR-ASC, Section B (codes 321, 355, 356, and 357 only). 11g. 11h. Add lines 11a through 11g. 11h. Line 11h minus 20,000. If less than zero, enter 0. 11. 12. Enter the amount from Form 1040, Schedule 1, line 8d. 12. 13. Line 11 plus line 12. 13. Enter the amount from line 13 on Part A, line 3. 39 Total refundable credits from Schedule OR-ASC. Enter your total refundable credits from Sched- ule OR-ASC, line F7. Include Schedule OR-ASC with your return. Penalties and interest 43 Your 2025 tax must be paid by April 15, 2026, even if you requested an extension of time to file your return. Your 2025 return must be filed by April 15, 2026. If you requested an extension, your return must be filed by October 15, 2026. Round the total of penalties and interest to the near- est whole dollar. For more information and examples showing how penalties and interest are calculated, see “Interest and penalties” in Publication OR-17. Penalties Penalty amounts are based on the tax after all credits shown on your return minus payments that you made by the due date of the return. To find your tax after all credits, start with your tax after standard and carry- forward credits on line 31, then subtract the refundable credit amounts on lines 32 and 37 through 39. Failure-to-file penalty. Include a penalty for failure to file a return if: • Your return is filed more than three months after the due date (or extension due date); and • You didn’t pay all of your tax by April 15, 2026. The penalty for failure to file is 20 percent of your tax after all credits that wasn’t paid by April 15, 2026. Failure-to-pay penalty. Include a penalty for failure to pay if: • Less than 90 percent of your tax after all credits was paid by April 15, 2026, or • You paid at least 90 percent of your tax after credits by April 15, 2026, but you aren’t paying the balance of unpaid tax in full when you file. The penalty for failure to pay is 5 percent of your tax after all credits that wasn’t paid by April 15, 2026. Failure to file and pay. If both penalties apply, your total penalty will be 25 percent of your tax after all credits that wasn’t paid by April 15, 2026. First-time home buyer savings account (FTHBSA) penalty for nonqualified withdrawal. Include a pen- alty of 5 percent of the funds withdrawn from your FTHBSA if you withdrew funds from your account for a purpose other than pur chasing a home. No penalty will be imposed if: • The account holder:

— Dies.

— Files bankruptcy.

— Becomes permanently unable to regularly per- form work at a gainful and suitable occupation due to loss of any bodily function. • The funds are withdrawn more than 10 years after the account was opened. This penalty is in addition to all other penalties pro- vided by law. Withdrawn funds that are subject to this penalty also must be added back to Oregon income. See this topic in “Additions” in Publication OR-17. Interest on unpaid tax You’ll owe interest on the amount of tax that wasn’t paid by April 15, 2026. Interest starts accruing on April 16, 2026 and continues to accrue every day, includ- ing the date of your payment.

150-101-040-1 (Rev. 01-29-26) 25 2025 Form OR-40 Instructions Interest is figured daily, based on a 365-day year. The annual interest rate for 2026 is 8 percent, or 0.0219 per- cent per day. To figure your interest, count the number of days start- ing with April 16, 2026, and ending with the date of your payment. Multiply your unpaid tax by the num- ber of days, then multiply that amount by 0.000219 (the daily rate converted to a decimal). Interest rate increase. If we bill you for unpaid tax, and the tax isn’t paid in full within 60 days from the date of our billing notice, the annual interest rate increases by 4 percentage points, to 12 percent. Amended return. If you’re amending your return, cal- culate the interest based on the additional amount of tax you must pay (line 5 of the Amended worksheet). 44 Interest on underpayment of estimated tax. Underpayment interest is charged if: • Your tax after all credits and withholding is $1,000 or more; • You were required to make estimated tax payments; • One or more of your required installments was underpaid; and • You don’t qualify for an exception. Note: You could be charged interest on underpayment of estimated tax even if line 41 shows an overpayment. See Form OR-10 Instructions to determine if you owe underpayment interest or qualify for an exception. Download Form OR-10 and the instructions from our website or contact us to order them. If you owe underpayment interest, enter the amount from line 4 of Form OR-10. If you qualify for an excep- tion, enter the exception number from line 1 of the form inside box 44a. If you used the Annualized Income Work- sheet (located in Form OR-10 Instructions) to figure your interest, check box 44b. Include Form OR-10 with your return. Keep your underpayment interest worksheets and any required statements with your records. Amount due 46 Amount you owe. Enter your total unpaid tax plus penalties and interest. Note: If you have an overpayment on line 41 and the overpayment is less than the total penalties and interest you entered on line 45, enter the amount from line 45 minus the amount on line 41. Amount to pay. If you’re filing your return on or before the due date (without extensions), pay the amount shown on this line. If you’re filing your original return after the due date, subtract any payments you made after the due date of the return (without extensions) from the amount on this line before you make your payment. For amended returns, pay the amount shown on the Amended Worksheet, line 11. Payment options You may pay electronically from your checking or sav- ings account, by credit card, or with a check, cashier’s check, or money order. Cash payments can be made only at our main office in Salem. If the amount due is less than $2, no payment is required. Electronic payment from your checking or savings account You can pay your current year income taxes, 2026 esti- mated income taxes, any prior year taxes due, and amended return taxes directly from your checking or savings account. There is no fee to use this service. This option is available only through Revenue Online. Direct debit may be available with Direct File or e-filed returns at the time of filing. Credit card payments You can pay with your Discover, MasterCard, or Visa credit card. The service provider will charge you a convenience fee. The service provider will tell you what the fee is during the transaction; you will have the option to continue or cancel the transaction before entering your credit card information. If you complete the credit card transaction, you will receive a confir- mation number. Keep this confirmation number as proof of payment—don’t send it with your return. To pay by credit card, go to Revenue Online on our website or contact us by phone. Check or money order • Make your check or money order payable to “Oregon Department of Revenue.” • Write all of the following on your payment:

— The tax year (2025).

— The form you’re filing (Oregon Form OR-40).

— The last four digits of your SSN or ITIN. • Use blue or black ballpoint ink. Don’t use red or pur- ple ink or gel pens. • Don’t send cash or a postdated check. Form OR-40-V. Use the voucher only if you’re mak- ing a separate payment by check, cashier’s check, or money order. Don’t use the voucher if you’re including a payment with your return or making an electronic payment. See Form OR-40-V Instructions for additional information. Payment plan. If you can’t pay in full now, pay what you can. Contact us and we will help you set up a pay- ment plan for the remaining amount.

150-101-040-1 (Rev. 01-29-26) 26 2025 Form OR-40 Instructions Refund 47 Refund. Enter your overpayment from line 41 minus any penalty or interest from line 45. Note: If the total penalty and interest is more than your overpayment, see the instructions for line 46. You have three years from the due date of the return to file a claim for your refund. By law, we can’t issue a refund if you file your return more than three years after the return’s due date (without extensions) or if the refund is less than $1. For more information about the time limit for claiming a refund, see “Payments and refunds” in Publication OR-17. Interest on refunds. See “Interest and penalties” in Publication OR-17 for information about interest paid on refunds. Refund applications If line 47 shows a refund, you may use some or all of it to: • Make an estimated tax payment for a later year. • Donate to one or more of the charitable organizations listed on Schedule OR-DONATE. • Contribute to the political party of your choice. • Make a deposit to an Oregon higher education sav- ings plan account. Each of these applications will reduce your refund. The combined total of all applications can’t be more than the amount of your refund. Note: A refund of overpaid tax will be offset against out- standing debt before any amount is applied or refunded to you. Instructions for amended returns. If line 5 of the Amended worksheet shows a refund, you can use some or all of it for the refund applications listed above. However, you can’t reduce any amounts you’ve already applied from a refund on your original return. See the instructions for each application for details. 48 Apply refund as estimated tax payment. Enter the amount of your refund you want to apply as an estimated tax payment for a later year. The payment will be applied to the 2026 tax year unless you're filing this return after January 15, 2027. For more information about open estimated tax accounts, see “Payments and refunds” in Publication OR-17. Instructions for amended returns. Enter the amount, if any, from a refund on your original return that you’ve already applied as an estimated tax payment for a later year. If line 5 of the Amended worksheet shows a refund and you want to apply some or all of it as an estimated tax payment, include the amount you want to apply. 49 Charitable checkoff donations. Enter the amount from line 30 of Schedule OR-DONATE. For more information, see the instructions on the schedule. You can download Schedule OR-DONATE from our website or contact us to order it. Note: If your refund—after any application as a pay- ment of estimated tax—is less than your total donation amount, your donations will be prorated. To make direct donations instead, you can find each charity’s address listed on our website. Don’t mail your donations to us. Instructions for amended returns. Enter the amount, if any, from a refund on your original return that you applied as charitable donations using Schedule OR- DONATE. If line 5 of the Amended worksheet shows a refund, you can donate some or all of it to one or more of the listed charities. Include this amount and an amended Schedule OR-DONATE with your amended return. Note: The refund from your amended return will be applied as a donation for the calendar year in which you’re filing it. 50 Political party checkoff. You may use your refund to contribute $3 to the Oregon political party of your choice. If you’re filing a joint return, you and your spouse may each contribute $3. Note: Your contribution will reduce your refund and does not qualify for the political contribution credit. To make a contribution: 1. Designate the political party of your choice using the party’s code from the alphabetized list below.

— If you contribute, enter one code in box 50a.

— If your spouse contributes on a joint return, enter one code in box 50b. Enter only one code per taxpayer. Spouses filing a joint return don’t have to enter the same code. • Constitution Party of Oregon [code 500]. • Democratic Party of Oregon [code 501]. • Independent Party of Oregon [code 502]. • Libertarian Party of Oregon [code 503]. • Oregon Republican Party [code 504]. • Pacific Green Party of Oregon [code 505]. • Progressive Party [code 506]. • We the People Party [code 508]. • Working Families Party of Oregon [code 507]. 2. Enter your total contribution amount.

— If you or your spouse contribute, enter $3.

— If both you and your spouse contribute on a joint return, enter $6. Note: Your political party contribution won’t be made if: • Your refund—after any application as a payment of estimated tax or charitable checkoff donation—is less than your total contribution amount.

150-101-040-1 (Rev. 01-29-26) 27 2025 Form OR-40 Instructions • You enter an amount but don’t designate a party (or parties). • You designate a party (or parties) but don’t enter an amount. • You enter more than one party code per taxpayer. Instructions for amended returns. Enter the amount, if any, from a refund on your original return that you applied as a political party contribution. If line 5 of the Amended worksheet shows a refund and you didn’t make the maximum political party contribution on your original return, you may use the refund to make a contribution on your amended return. 51 Oregon higher education savings plan depos- its. Enter the amount from line 5 of Schedule OR-529. For minimum deposit amounts and other information, see the schedule instructions. You can download Schedule OR-529 and instructions from our website or contact us to order them. You can also use Schedule OR-529 to provide your information to Upward Oregon (formerly Oregon Treasury Savings Network) if you'd like them to set up an Embark (formerly Oregon College Savings Plan) account for you. However, you can make contributions from a refund on your return only after the account has been created. See Schedule OR-529 Instructions for details. Note: If the amount of your refund—after any applica- tion as a payment of estimated tax, charitable checkoff donation, or political party contribution—is less than the total amount you want to deposit, no deposit will be made. Instructions for amended returns. Enter the amount, if any, from a refund on your original return that you applied as an Oregon higher education savings plan deposit. If line 5 of the Amended worksheet shows a refund, add the amount you want to apply as a deposit and include an amended Schedule OR-529 with your amended return. The refund will be applied for the year in which you’re filing the amended return. 53 Net refund. You must reduce your refund by any amounts applied as a payment of estimated tax, charitable checkoff donations, political party con- tributions, and Oregon higher education savings plan deposits. By law, we can’t issue or apply a refund if you file your return more than three years after the return’s due date (excluding extensions). Direct deposit 54 In most cases, we can deposit your refund directly into your checking or savings account instead of mailing you a check. However, federal bank- ing regulations prevent us from making a refund by direct deposit if the final destination is an account outside the United States. In that case, we must issue a paper check instead. Before you enter your information, verify that your deposit will be accepted and confirm your routing and account numbers. You can find a diagram of a personal check showing where these numbers are located in the “Payments and refunds” section of Publication OR-17. Follow these steps to make sure your refund will be deposited into the correct account: 1. Check the box if the final destination for your refund would be an account outside the United States. Note: If you check this box, you will be issued a paper check. 2. Check the appropriate box, either checking or sav- ings, but not both. 3. Enter your nine-digit routing number. Routing numbers begin with the digits 01 through 12, 21 through 32, or 61 through 72. 4. Enter your account number. Account numbers can be up to 17 characters (both numbers and letters). Don’t include hyphens, spaces, or special symbols. 5. Double-check the account and routing numbers. These numbers can’t be changed after the return is filed. Kicker donation 55 Kicker donation. You may choose to donate all of your kicker to the Oregon State School Fund. The election to donate your kicker can't be changed after the due date of the original return. No partial donations are allowed. If any amount other than 0 is entered on line 32, your donation won’t be made. To make the donation: 1. See the instructions for line 32 to calculate your kicker amount. 2. Make sure that you’ve entered 0 on line 32. 3. Check box 55a. 4. Enter your entire kicker amount on line 55b. Reminder: This election is irrevocable. The election to donate your kicker can't be changed or revoked after the due date of the original return. To make a change or correction to your election, your amended return must be received by the due date of the original return. See the instructions for calculating your kicker for more information. Signature block Signature(s). Be sure to sign and date your return. If you’re filing a joint return, both taxpayers must sign. By signing the return, you acknowledge, under penalty of

150-101-040-1 (Rev. 01-29-26) 28 2025 Form OR-40 Instructions false swearing, that the information on the return and any attachments is true, correct, and complete. Minor child’s return. If your child can’t sign their tax return, you may sign the child’s name as their legal agent. Sign the child’s name and then write “By [your signature], parent (or other legal guardian) of minor child.” Preparer signature. Anyone who prepares, advises, or assists in preparing personal income tax returns in exchange for compensation of any kind must be licensed to prepare Oregon returns and must sign the return. Signing the return doesn't grant your preparer the right to represent you or make decisions on your behalf. For more information about representation and authoriza- tion, download Form OR-AUTH-REP and instructions from our website or contact us to order them. Contact the following agencies to check the status of your Oregon tax practitioner: • Oregon Board of Tax Practitioners at 971-701-1544 (Salem) for licensed tax consultants or preparers, or go to www.oregon.gov/obtp. • Oregon Board of Accountancy at 503-378-4181 (Salem) for public accountants and certified public accoun- tants, or go to www.oregon.gov/boa. Preparer license number. Licensed tax consultants and tax preparers: enter your license number. CPAs: enter your certificate number. Tax-Aide volunteers: enter your TCE site number. All others: leave blank. Don’t enter your driver license number. Form OR-VSI The Oregon legislature’s goal is to make Oregon’s tax policies equitable for everyone. To help in this effort, you may voluntarily provide information about your race or ethnicity when you file your Oregon return each year, using Form OR-VSI. On Form OR-VSI, you may identify your primary race or ethnicity (or indicate that you don’t have one) and up to two additional races or ethnicities. There’s also a way to indicate that you aren’t sure about your race or ethnicity. If you’re married and filing a joint return, you and your spouse complete separate forms. The information you provide each year will be used for research purposes only. For more information, see Form OR-VSI Instructions or go to our website and look for “Voluntary Self-Identification.” You can download the form and instructions from our website or contact us to order them. Before you file Copy of federal return. Before you assemble your Ore- gon return, make a copy of both sides of your federal Form 1040, 1040-SR, or 1040-NR, along with Schedules 1, 1-A, 2, and 3 (as applicable), or Form 1040-X. Don’t include any other federal schedules. Keep these with your records; we may ask for them later. If you created an “as if” federal return, use blue or black ink to label it “as if” on the top left corner. Include it along with the copy of your actual federal return (and any amendments). Failure to include your federal return will delay pro- cessing, and items claimed on your Oregon return may be adjusted or denied. Amended Oregon return. If you’re amending your Oregon return due to changes to your federal return or a return you filed with another state, include a copy of your amended or corrected federal or other state return or audit report. If you’re amending only your Oregon return, include a copy of your original federal or other state return. Assemble your Oregon return. Assemble your return in the order shown below. If a form has more than one page, be sure that you’ve included all pages and that they’re all from the same 2025 form. For example, if you’re filing Schedule OR-WFHDC, Schedule OR-A, or Schedule OR-ASC, be sure that “2025 Schedule OR- WFHDC”, "2025 Schedule OR-A", or "2025 Schedule OR- ASC" is printed at the top of each page and that you’ve included all pages associated with each schedule. Important: Don’t use staples, paperclips, tape, or other fasteners. Don't submit photocopies. Doing so will delay processing. 1. Payment by check or money order, if any. Don’t use a voucher. 2. Form(s) W-2 and 1099 showing Oregon tax withheld. 3. Form OR-40. 4. Schedule OR-A. 5. Schedule OR-ASC. 6. Schedule OR-ADD-DEP. 7. Schedule OR-DONATE. 8. Schedule OR-529. 9. Schedule OR-PTE-FY. 10. Form OR-10. 11. Schedule OR-EIC-ITIN. 12. Schedule OR-WFHDC. 13. Form OR-VSI. 14. Other Oregon schedules required to be included with your return. 15. If you’re an RDP filing separately for Oregon, your partner’s Oregon return. 16. Your federal return(s) and schedules.

150-101-040-1 (Rev. 01-29-26) 29 2025 Form OR-40 Instructions Note: If you’re making an estimated tax payment for 2026 by check or money order, send the payment in a separate envelope with a completed Form OR-40-V. Don’t include your 2026 payment or voucher with your 2025 return. You can download the voucher and instructions from our website or contact us to order them. Avoid processing delays Type or clearly print your name, date of birth, SSN, complete mailing address, and daytime phone number on your return. Include all pages of your Oregon return. Double-check your figures and other numbers, including your SSN. Errors will delay processing. Common mistakes are: • Math errors. • A wrong amount claimed for the federal tax liability subtraction. • Using the wrong line or column on the tax tables. • Using the wrong tax chart. If you have tax to pay, review the instructions for line 46. Verify your account information if you’re requesting a refund by direct deposit. Sign your return. Both spouses must sign a joint return. Include legible copies of all W-2 and 1099 forms show- ing Oregon income tax withheld. Place them on top of your return along with any payment by check, cashier’s check, or money order. Include a copy of your federal return (front and back) with your Oregon return. Include federal Schedules 1, 1-A, 2, and 3 (if applicable), but don’t include other federal schedules unless otherwise instructed. Place it behind all Oregon forms and schedules. Payment by check, cashier’s check, or money order should be placed on top of your return. Don’t mail cash. Don’t use a voucher. Don’t use staples, paper clips, tape, or other fasteners. Mail your return in a stamped envelope. Use a busi- ness-size (4 × 9½ inches) or larger envelope with ade- quate postage. Don’t use a smaller envelope—it delays processing. Tax return mailing addresses Mail refund returns or no-tax-due returns to: REFUND PO Box 14700 Salem OR 97309-0930 Mail tax-to-pay returns to: Oregon Department of Revenue PO Box 14555 Salem OR 97309-0940

150-101-040-1 (Rev. 01-29-26) 30 2025 Form OR-40 Instructions 2025 Tax Tables for Form OR-40 S Use column S if you are: • Single. • Married filing separately. J Use column J if you are: • Married filing jointly. • Head of household. • Surviving spouse. If income from Form OR-40, line 19 is: And you use column: At least: But less than: S J Your tax is: If income from Form OR-40, line 19 is: And you use column: At least: But less than: S J Your tax is: If income from Form OR-40, line 19 is: And you use column: At least: But less than: S J Your tax is: If income from Form OR-40, line 19 is: And you use column: At least: But less than: S J Your tax is: 0 — 20 0 0 20 — 50 2 2 50 — 100 4 4 100 — 200 7 7 200 — 300 12 12 300 — 400 17 17 400 — 500 21 21 500 — 600 26 26 600 — 700 31 31 700 — 800 36 36 800 — 900 40 40 900 — 1,000 45 45 1,000 — 1,100 50 50 1,100 — 1,200 55 55 1,200 — 1,300 59 59 1,300 — 1,400 64 64 1,400 — 1,500 69 69 1,500 — 1,600 74 74 1,600 — 1,700 78 78 1,700 — 1,800 83 83 1,800 — 1,900 88 88 1,900 — 2,000 93 93 2,000 — 2,100 97 97 2,100 — 2,200 102 102 2,200 — 2,300 107 107 2,300 — 2,400 112 112 2,400 — 2,500 116 116 2,500 — 2,600 121 121 2,600 — 2,700 126 126 2,700 — 2,800 131 131 2,800 — 2,900 135 135 2,900 — 3,000 140 140 3,000 — 3,100 145 145 3,100 — 3,200 150 150 3,200 — 3,300 154 154 3,300 — 3,400 159 159 3,400 — 3,500 164 164 3,500 — 3,600 169 169 3,600 — 3,700 173 173 3,700 — 3,800 178 178 3,800 — 3,900 183 183 3,900 — 4,000 188 188 $ 0 $ 4,000 $ 9,000 $ 14,000 $ 50 $ 1,000 $ 2,000 $ 3,000 $ 5,000 $ 6,000 $ 7,000 $ 8,000 $ 10,000 $ 11,000 $ 12,000 $ 13,000 $ 15,000 $ 16,000 $ 17,000 $ 18,000 4,000 — 4,100 192 192 4,100 — 4,200 197 197 4,200 — 4,300 202 202 4,300 — 4,400 207 207 4,400 — 4,500 212 211 4,500 — 4,600 219 216 4,600 — 4,700 226 221 4,700 — 4,800 233 226 4,800 — 4,900 239 230 4,900 — 5,000 246 235 5,000 — 5,100 253 240 5,100 — 5,200 260 245 5,200 — 5,300 266 249 5,300 — 5,400 273 254 5,400 — 5,500 280 259 5,500 — 5,600 287 264 5,600 — 5,700 293 268 5,700 — 5,800 300 273 5,800 — 5,900 307 278 5,900 — 6,000 314 283 6,000 — 6,100 320 287 6,100 — 6,200 327 292 6,200 — 6,300 334 297 6,300 — 6,400 341 302 6,400 — 6,500 347 306 6,500 — 6,600 354 311 6,600 — 6,700 361 316 6,700 — 6,800 368 321 6,800 — 6,900 374 325 6,900 — 7,000 381 330 7,000 — 7,100 388 335 7,100 — 7,200 395 340 7,200 — 7,300 401 344 7,300 — 7,400 408 349 7,400 — 7,500 415 354 7,500 — 7,600 422 359 7,600 — 7,700 428 363 7,700 — 7,800 435 368 7,800 — 7,900 442 373 7,900 — 8,000 449 378 8,000 — 8,100 455 382 8,100 — 8,200 462 387 8,200 — 8,300 469 392 8,300 — 8,400 476 397 8,400 — 8,500 482 401 8,500 — 8,600 489 406 8,600 — 8,700 496 411 8,700 — 8,800 503 416 8,800 — 8,900 509 421 8,900 — 9,000 516 428 9,000 — 9,100 523 435 9,100 — 9,200 530 442 9,200 — 9,300 536 448 9,300 — 9,400 543 455 9,400 — 9,500 550 462 9,500 — 9,600 557 469 9,600 — 9,700 563 475 9,700 — 9,800 570 482 9,800 — 9,900 577 489 9,900 — 10,000 584 496 10,000 — 10,100 590 502 10,100 — 10,200 597 509 10,200 — 10,300 604 516 10,300 — 10,400 611 523 10,400 — 10,500 617 529 10,500 — 10,600 624 536 10,600 — 10,700 631 543 10,700 — 10,800 638 550 10,800 — 10,900 644 556 10,900 — 11,000 651 563 11,000 — 11,100 658 570 11,100 — 11,200 665 577 11,200 — 11,300 674 583 11,300 — 11,400 683 590 11,400 — 11,500 692 597 11,500 — 11,600 700 604 11,600 — 11,700 709 610 11,700 — 11,800 718 617 11,800 — 11,900 727 624 11,900 — 12,000 735 631 12,000 — 12,100 744 637 12,100 — 12,200 753 644 12,200 — 12,300 762 651 12,300 — 12,400 770 658 12,400 — 12,500 779 664 12,500 — 12,600 788 671 12,600 — 12,700 797 678 12,700 — 12,800 805 685 12,800 — 12,900 814 691 12,900 — 13,000 823 698 13,000 — 13,100 832 705 13,100 — 13,200 840 712 13,200 — 13,300 849 718 13,300 — 13,400 858 725 13,400 — 13,500 867 732 13,500 — 13,600 875 739 13,600 — 13,700 884 745 13,700 — 13,800 893 752 13,800 — 13,900 902 759 13,900 — 14,000 910 766 14,000 — 14,100 919 772 14,100 — 14,200 928 779 14,200 — 14,300 937 786 14,300 — 14,400 945 793 14,400 — 14,500 954 799 14,500 — 14,600 963 806 14,600 — 14,700 972 813 14,700 — 14,800 980 820 14,800 — 14,900 989 826 14,900 — 15,000 998 833 15,000 — 15,100 1,007 840 15,100 — 15,200 1,015 847 15,200 — 15,300 1,024 853 15,300 — 15,400 1,033 860 15,400 — 15,500 1,042 867 15,500 — 15,600 1,050 874 15,600 — 15,700 1,059 880 15,700 — 15,800 1,068 887 15,800 — 15,900 1,077 894 15,900 — 16,000 1,085 901 16,000 — 16,100 1,094 907 16,100 — 16,200 1,103 914 16,200 — 16,300 1,112 921 16,300 — 16,400 1,120 928 16,400 — 16,500 1,129 934 16,500 — 16,600 1,138 941 16,600 — 16,700 1,147 948 16,700 — 16,800 1,155 955 16,800 — 16,900 1,164 961 16,900 — 17,000 1,173 968 17,000 — 17,100 1,182 975 17,100 — 17,200 1,190 982 17,200 — 17,300 1,199 988 17,300 — 17,400 1,208 995 17,400 — 17,500 1,217 1,002 17,500 — 17,600 1,225 1,009 17,600 — 17,700 1,234 1,015 17,700 — 17,800 1,243 1,022 17,800 — 17,900 1,252 1,029 17,900 — 18,000 1,260 1,036 18,000 — 18,100 1,269 1,042 18,100 — 18,200 1,278 1,049 18,200 — 18,300 1,287 1,056 18,300 — 18,400 1,295 1,063 18,400 — 18,500 1,304 1,069 18,500 — 18,600 1,313 1,076 18,600 — 18,700 1,322 1,083 18,700 — 18,800 1,330 1,090 18,800 — 18,900 1,339 1,096 18,900 — 19,000 1,348 1,103

150-101-040-1 (Rev. 01-29-26) 31 2025 Form OR-40 Instructions 2025 Tax Tables for Form OR-40 S Use column S if you are: • Single. • Married filing separately. J Use column J if you are: • Married filing jointly. • Head of household. • Surviving spouse. If income from Form OR-40, line 19 is: And you use column: At least: But less than: S J Your tax is: If income from Form OR-40, line 19 is: And you use column: At least: But less than: S J Your tax is: If income from Form OR-40, line 19 is: And you use column: At least: But less than: S J Your tax is: If income from Form OR-40, line 19 is: And you use column: At least: But less than: S J Your tax is: 19,000 — 19,100 1,357 1,110 19,100 — 19,200 1,365 1,117 19,200 — 19,300 1,374 1,123 19,300 — 19,400 1,383 1,130 19,400 — 19,500 1,392 1,137 19,500 — 19,600 1,400 1,144 19,600 — 19,700 1,409 1,150 19,700 — 19,800 1,418 1,157 19,800 — 19,900 1,427 1,164 19,900 — 20,000 1,435 1,171 20,000 — 20,100 1,444 1,177 20,100 — 20,200 1,453 1,184 20,200 — 20,300 1,462 1,191 20,300 — 20,400 1,470 1,198 20,400 — 20,500 1,479 1,204 20,500 — 20,600 1,488 1,211 20,600 — 20,700 1,497 1,218 20,700 — 20,800 1,505 1,225 20,800 — 20,900 1,514 1,231 20,900 — 21,000 1,523 1,238 21,000 — 21,100 1,532 1,245 21,100 — 21,200 1,540 1,252 21,200 — 21,300 1,549 1,258 21,300 — 21,400 1,558 1,265 21,400 — 21,500 1,567 1,272 21,500 — 21,600 1,575 1,279 21,600 — 21,700 1,584 1,285 21,700 — 21,800 1,593 1,292 21,800 — 21,900 1,602 1,299 21,900 — 22,000 1,610 1,306 22,000 — 22,100 1,619 1,312 22,100 — 22,200 1,628 1,319 22,200 — 22,300 1,637 1,327 22,300 — 22,400 1,645 1,336 22,400 — 22,500 1,654 1,345 22,500 — 22,600 1,663 1,354 22,600 — 22,700 1,672 1,362 22,700 — 22,800 1,680 1,371 22,800 — 22,900 1,689 1,380 22,900 — 23,000 1,698 1,389 23,000 — 23,100 1,707 1,397 23,100 — 23,200 1,715 1,406 23,200 — 23,300 1,724 1,415 23,300 — 23,400 1,733 1,424 23,400 — 23,500 1,742 1,432 23,500 — 23,600 1,750 1,441 23,600 — 23,700 1,759 1,450 23,700 — 23,800 1,768 1,459 23,800 — 23,900 1,777 1,467 23,900 — 24,000 1,785 1,476 $ 19,000 $ 24,000 $ 29,000 $ 34,000 $ 20,000 $ 21,000 $ 22,000 $ 23,000 $ 25,000 $ 26,000 $ 27,000 $ 28,000 $ 30,000 $ 31,000 $ 32,000 $ 33,000 $ 35,000 $ 36,000 $ 37,000 $ 38,000 24,000 — 24,100 1,794 1,485 24,100 — 24,200 1,803 1,494 24,200 — 24,300 1,812 1,502 24,300 — 24,400 1,820 1,511 24,400 — 24,500 1,829 1,520 24,500 — 24,600 1,838 1,529 24,600 — 24,700 1,847 1,537 24,700 — 24,800 1,855 1,546 24,800 — 24,900 1,864 1,555 24,900 — 25,000 1,873 1,564 25,000 — 25,100 1,882 1,572 25,100 — 25,200 1,890 1,581 25,200 — 25,300 1,899 1,590 25,300 — 25,400 1,908 1,599 25,400 — 25,500 1,917 1,607 25,500 — 25,600 1,925 1,616 25,600 — 25,700 1,934 1,625 25,700 — 25,800 1,943 1,634 25,800 — 25,900 1,952 1,642 25,900 — 26,000 1,960 1,651 26,000 — 26,100 1,969 1,660 26,100 — 26,200 1,978 1,669 26,200 — 26,300 1,987 1,677 26,300 — 26,400 1,995 1,686 26,400 — 26,500 2,004 1,695 26,500 — 26,600 2,013 1,704 26,600 — 26,700 2,022 1,712 26,700 — 26,800 2,030 1,721 26,800 — 26,900 2,039 1,730 26,900 — 27,000 2,048 1,739 27,000 — 27,100 2,057 1,747 27,100 — 27,200 2,065 1,756 27,200 — 27,300 2,074 1,765 27,300 — 27,400 2,083 1,774 27,400 — 27,500 2,092 1,782 27,500 — 27,600 2,100 1,791 27,600 — 27,700 2,109 1,800 27,700 — 27,800 2,118 1,809 27,800 — 27,900 2,127 1,817 27,900 — 28,000 2,135 1,826 28,000 — 28,100 2,144 1,835 28,100 — 28,200 2,153 1,844 28,200 — 28,300 2,162 1,852 28,300 — 28,400 2,170 1,861 28,400 — 28,500 2,179 1,870 28,500 — 28,600 2,188 1,879 28,600 — 28,700 2,197 1,887 28,700 — 28,800 2,205 1,896 28,800 — 28,900 2,214 1,905 28,900 — 29,000 2,223 1,914 29,000 — 29,100 2,232 1,922 29,100 — 29,200 2,240 1,931 29,200 — 29,300 2,249 1,940 29,300 — 29,400 2,258 1,949 29,400 — 29,500 2,267 1,957 29,500 — 29,600 2,275 1,966 29,600 — 29,700 2,284 1,975 29,700 — 29,800 2,293 1,984 29,800 — 29,900 2,302 1,992 29,900 — 30,000 2,310 2,001 30,000 — 30,100 2,319 2,010 30,100 — 30,200 2,328 2,019 30,200 — 30,300 2,337 2,027 30,300 — 30,400 2,345 2,036 30,400 — 30,500 2,354 2,045 30,500 — 30,600 2,363 2,054 30,600 — 30,700 2,372 2,062 30,700 — 30,800 2,380 2,071 30,800 — 30,900 2,389 2,080 30,900 — 31,000 2,398 2,089 31,000 — 31,100 2,407 2,097 31,100 — 31,200 2,415 2,106 31,200 — 31,300 2,424 2,115 31,300 — 31,400 2,433 2,124 31,400 — 31,500 2,442 2,132 31,500 — 31,600 2,450 2,141 31,600 — 31,700 2,459 2,150 31,700 — 31,800 2,468 2,159 31,800 — 31,900 2,477 2,167 31,900 — 32,000 2,485 2,176 32,000 — 32,100 2,494 2,185 32,100 — 32,200 2,503 2,194 32,200 — 32,300 2,512 2,202 32,300 — 32,400 2,520 2,211 32,400 — 32,500 2,529 2,220 32,500 — 32,600 2,538 2,229 32,600 — 32,700 2,547 2,237 32,700 — 32,800 2,555 2,246 32,800 — 32,900 2,564 2,255 32,900 — 33,000 2,573 2,264 33,000 — 33,100 2,582 2,272 33,100 — 33,200 2,590 2,281 33,200 — 33,300 2,599 2,290 33,300 — 33,400 2,608 2,299 33,400 — 33,500 2,617 2,307 33,500 — 33,600 2,625 2,316 33,600 — 33,700 2,634 2,325 33,700 — 33,800 2,643 2,334 33,800 — 33,900 2,652 2,342 33,900 — 34,000 2,660 2,351 34,000 — 34,100 2,669 2,360 34,100 — 34,200 2,678 2,369 34,200 — 34,300 2,687 2,377 34,300 — 34,400 2,695 2,386 34,400 — 34,500 2,704 2,395 34,500 — 34,600 2,713 2,404 34,600 — 34,700 2,722 2,412 34,700 — 34,800 2,730 2,421 34,800 — 34,900 2,739 2,430 34,900 — 35,000 2,748 2,439 35,000 — 35,100 2,757 2,447 35,100 — 35,200 2,765 2,456 35,200 — 35,300 2,774 2,465 35,300 — 35,400 2,783 2,474 35,400 — 35,500 2,792 2,482 35,500 — 35,600 2,800 2,491 35,600 — 35,700 2,809 2,500 35,700 — 35,800 2,818 2,509 35,800 — 35,900 2,827 2,517 35,900 — 36,000 2,835 2,526 36,000 — 36,100 2,844 2,535 36,100 — 36,200 2,853 2,544 36,200 — 36,300 2,862 2,552 36,300 — 36,400 2,870 2,561 36,400 — 36,500 2,879 2,570 36,500 — 36,600 2,888 2,579 36,600 — 36,700 2,897 2,587 36,700 — 36,800 2,905 2,596 36,800 — 36,900 2,914 2,605 36,900 — 37,000 2,923 2,614 37,000 — 37,100 2,932 2,622 37,100 — 37,200 2,940 2,631 37,200 — 37,300 2,949 2,640 37,300 — 37,400 2,958 2,649 37,400 — 37,500 2,967 2,657 37,500 — 37,600 2,975 2,666 37,600 — 37,700 2,984 2,675 37,700 — 37,800 2,993 2,684 37,800 — 37,900 3,002 2,692 37,900 — 38,000 3,010 2,701 38,000 — 38,100 3,019 2,710 38,100 — 38,200 3,028 2,719 38,200 — 38,300 3,037 2,727 38,300 — 38,400 3,045 2,736 38,400 — 38,500 3,054 2,745 38,500 — 38,600 3,063 2,754 38,600 — 38,700 3,072 2,762 38,700 — 38,800 3,080 2,771 38,800 — 38,900 3,089 2,780 38,900 — 39,000 3,098 2,789

150-101-040-1 (Rev. 01-29-26) 32 2025 Form OR-40 Instructions 2025 Tax Tables for Form OR-40 S Use column S if you are: • Single. • Married filing separately. J Use column J if you are: • Married filing jointly. • Head of household. • Surviving spouse. If income from Form OR-40, line 19 is: And you use column: At least: But less than: S J Your tax is: If income from Form OR-40, line 19 is: And you use column: At least: But less than: S J Your tax is: If income from Form OR-40, line 19 is: And you use column: At least: But less than: S J Your tax is: If income from Form OR-40, line 19 is: And you use column: At least: But less than: S J Your tax is: 39,000 — 39,100 3,107 2,797 39,100 — 39,200 3,115 2,806 39,200 — 39,300 3,124 2,815 39,300 — 39,400 3,133 2,824 39,400 — 39,500 3,142 2,832 39,500 — 39,600 3,150 2,841 39,600 — 39,700 3,159 2,850 39,700 — 39,800 3,168 2,859 39,800 — 39,900 3,177 2,867 39,900 — 40,000 3,185 2,876 40,000 — 40,100 3,194 2,885 40,100 — 40,200 3,203 2,894 40,200 — 40,300 3,212 2,902 40,300 — 40,400 3,220 2,911 40,400 — 40,500 3,229 2,920 40,500 — 40,600 3,238 2,929 40,600 — 40,700 3,247 2,937 40,700 — 40,800 3,255 2,946 40,800 — 40,900 3,264 2,955 40,900 — 41,000 3,273 2,964 41,000 — 41,100 3,282 2,972 41,100 — 41,200 3,290 2,981 41,200 — 41,300 3,299 2,990 41,300 — 41,400 3,308 2,999 41,400 — 41,500 3,317 3,007 41,500 — 41,600 3,325 3,016 41,600 — 41,700 3,334 3,025 41,700 — 41,800 3,343 3,034 41,800 — 41,900 3,352 3,042 41,900 — 42,000 3,360 3,051 $ 39,000 $ 42,000 $ 45,000 $ 48,000 $ 40,000 $ 41,000 $ 43,000 $ 44,000 $ 46,000 $ 47,000 $ 49,000 42,000 — 42,100 3,369 3,060 42,100 — 42,200 3,378 3,069 42,200 — 42,300 3,387 3,077 42,300 — 42,400 3,395 3,086 42,400 — 42,500 3,404 3,095 42,500 — 42,600 3,413 3,104 42,600 — 42,700 3,422 3,112 42,700 — 42,800 3,430 3,121 42,800 — 42,900 3,439 3,130 42,900 — 43,000 3,448 3,139 43,000 — 43,100 3,457 3,147 43,100 — 43,200 3,465 3,156 43,200 — 43,300 3,474 3,165 43,300 — 43,400 3,483 3,174 43,400 — 43,500 3,492 3,182 43,500 — 43,600 3,500 3,191 43,600 — 43,700 3,509 3,200 43,700 — 43,800 3,518 3,209 43,800 — 43,900 3,527 3,217 43,900 — 44,000 3,535 3,226 44,000 — 44,100 3,544 3,235 44,100 — 44,200 3,553 3,244 44,200 — 44,300 3,562 3,252 44,300 — 44,400 3,570 3,261 44,400 — 44,500 3,579 3,270 44,500 — 44,600 3,588 3,279 44,600 — 44,700 3,597 3,287 44,700 — 44,800 3,605 3,296 44,800 — 44,900 3,614 3,305 44,900 — 45,000 3,623 3,314 45,000 — 45,100 3,632 3,322 45,100 — 45,200 3,640 3,331 45,200 — 45,300 3,649 3,340 45,300 — 45,400 3,658 3,349 45,400 — 45,500 3,667 3,357 45,500 — 45,600 3,675 3,366 45,600 — 45,700 3,684 3,375 45,700 — 45,800 3,693 3,384 45,800 — 45,900 3,702 3,392 45,900 — 46,000 3,710 3,401 46,000 — 46,100 3,719 3,410 46,100 — 46,200 3,728 3,419 46,200 — 46,300 3,737 3,427 46,300 — 46,400 3,745 3,436 46,400 — 46,500 3,754 3,445 46,500 — 46,600 3,763 3,454 46,600 — 46,700 3,772 3,462 46,700 — 46,800 3,780 3,471 46,800 — 46,900 3,789 3,480 46,900 — 47,000 3,798 3,489 47,000 — 47,100 3,807 3,497 47,100 — 47,200 3,815 3,506 47,200 — 47,300 3,824 3,515 47,300 — 47,400 3,833 3,524 47,400 — 47,500 3,842 3,532 47,500 — 47,600 3,850 3,541 47,600 — 47,700 3,859 3,550 47,700 — 47,800 3,868 3,559 47,800 — 47,900 3,877 3,567 47,900 — 48,000 3,885 3,576 48,000 — 48,100 3,894 3,585 48,100 — 48,200 3,903 3,594 48,200 — 48,300 3,912 3,602 48,300 — 48,400 3,920 3,611 48,400 — 48,500 3,929 3,620 48,500 — 48,600 3,938 3,629 48,600 — 48,700 3,947 3,637 48,700 — 48,800 3,955 3,646 48,800 — 48,900 3,964 3,655 48,900 — 49,000 3,973 3,664 49,000 — 49,100 3,982 3,672 49,100 — 49,200 3,990 3,681 49,200 — 49,300 3,999 3,690 49,300 — 49,400 4,008 3,699 49,400 — 49,500 4,017 3,707 49,500 — 49,600 4,025 3,716 49,600 — 49,700 4,034 3,725 49,700 — 49,800 4,043 3,734 49,800 — 49,900 4,052 3,742 49,900 — 50,000 4,060 3,751 2025 Tax rate charts Chart S: For persons filing single or married filing separately— If your taxable income is $50,000 or more but not over $125,000 .....your tax is $4,065 plus 8.75% of excess over $50,000 If your taxable income is over $125,000 .....................................................your tax is $10,627 plus 9.9% of excess over $125,000 Chart J: For persons filing jointly, head of household, or qualifying surviving spouse— If your taxable income is $50,000 or more but not over $250,000 .....your tax is $3,756 plus 8.75% of excess over $50,000 If your taxable income is over $250,000.....................................................your tax is $21,256 plus 9.9% of excess over $250,000