PDF
Word
This version of the form is not currently in use and is provided for reference only. Download this version of
Instructions for Form OR-CROP, 150-101-240
for the current year.
Instructions for Form OR-CROP, 150-101-240 Crop Donation Tax Credit - Oregon
This document contains official instructions for Form OR-CROP , and Form 150-101-240 . Both forms are released and collected by the Oregon Department of Revenue. An up-to-date fillable Form OR-CROP (150-101-240) is available for download through this link.
FAQ
Q: What is Form OR-CROP?
A: Form OR-CROP is a tax form used in Oregon for claiming the Crop Donation Tax Credit.
Q: What is the purpose of Form OR-CROP?
A: The purpose of Form OR-CROP is to claim a tax credit for donating crops in Oregon.
Q: Who can use Form OR-CROP?
A: Oregon residents or businesses who have donated crops can use Form OR-CROP.
Q: What is the Crop Donation Tax Credit?
A: The Crop Donation Tax Credit is a tax credit given to individuals or businesses that donate crops to qualified charities in Oregon.
Q: How do I claim the Crop Donation Tax Credit?
A: You can claim the Crop Donation Tax Credit by filling out Form OR-CROP and attaching it to your Oregon tax return.
Q: What supporting documents are needed for Form OR-CROP?
A: You need to attach the donation receipt, a copy of the packing slip or invoice, and a certification from the recipient organization.
Q: Are there any limitations on the Crop Donation Tax Credit?
A: Yes, there are limitations. The maximum tax credit is $15,000 per taxpayer or 10% of the fair market value of the crops donated, whichever is less.
Q: When is the deadline to file Form OR-CROP?
A: Form OR-CROP should be filed along with your Oregon tax return by the due date, which is usually April 15th.
Instruction Details:
- This 1-page document is available for download in PDF;
- Actual and applicable for this year;
- Complete, printable, and free.
Download your copy of the instructions by clicking the link below or browse hundreds of other forms in our library of forms released by the Oregon Department of Revenue.
