This version of the form is not currently in use and is provided for reference only. Download this version of Form OR-FIA-40 (150-101-160) for the current year.
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.
Q: What is Form OR-FIA-40?
A: Form OR-FIA-40 is a tax form used in Oregon for farm income averaging for full-year residents.
Q: Who can use Form OR-FIA-40?
A: Full-year residents of Oregon engaged in farming activities can use Form OR-FIA-40.
Q: What is farm income averaging?
A: Farm income averaging allows farmers to spread their income over a period of three consecutive years, reducing their tax liability.
Q: What do I need to include with Form OR-FIA-40?
A: You need to include your federal tax return and all supporting schedules with Form OR-FIA-40.
Form Details:
Download a fillable version of Form OR-FIA-40 (150-101-160) by clicking the link below or browse more documents and templates provided by the Oregon Department of Revenue.