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This version of the form is not currently in use and is provided for reference only. Download this version of
Form OR-DRD (150-102-038)
for the current year.
Form OR-DRD (150-102-038) Oregon Dividends-Received Deduction - Oregon
What Is Form OR-DRD (150-102-038)?
This is a legal form that was released by the Oregon Department of Revenue - a government authority operating within Oregon. Check the official instructions before completing and submitting the form.
FAQ
Q: What is Form OR-DRD?
A: Form OR-DRD is a tax form used in Oregon that allows taxpayers to claim a deduction for dividends received from certain corporations.
Q: What is the purpose of Form OR-DRD?
A: The purpose of Form OR-DRD is to calculate and claim the Oregon Dividends-Received Deduction, which reduces the amount of taxable income subject to Oregon income tax.
Q: Who is eligible to use Form OR-DRD?
A: Any resident or nonresident taxpayer who received qualifying dividends from eligible corporations can use Form OR-DRD to claim the deduction.
Q: What are qualifying dividends?
A: Qualifying dividends are distributions of earnings and profits from eligible corporations.
Q: What are eligible corporations?
A: Eligible corporations include certain domestic corporations, mutual savings banks, cooperative associations, and real estate investment trusts.
Q: How is the deduction amount calculated?
A: The deduction amount is calculated by multiplying the qualifying dividends by the percentage shown on the form.
Q: Are there any limitations to the deduction?
A: Yes, there are certain limitations and restrictions on the deduction. These are explained in the instructions accompanying the form.
Form Details:
- Released on August 4, 2022;
- The latest edition provided by the Oregon Department of Revenue;
- Easy to use and ready to print;
- Quick to customize;
- Compatible with most PDF-viewing applications;
- Fill out the form in our online filing application.
Download a fillable version of Form OR-DRD (150-102-038) by clicking the link below or browse more documents and templates provided by the Oregon Department of Revenue.
Download Form OR-DRD (150-102-038) Oregon Dividends-Received Deduction - Oregon
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