This version of the form is not currently in use and is provided for reference only. Download this version of Form 150-101-366 Schedule OR-PTE-PY 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 150-101-366?
A: Form 150-101-366 is the Schedule OR-PTE-PY Qualified Business Income Reduced Tax Rate Schedule for Oregon Part-Year Residents.
Q: Who should use Form 150-101-366?
A: Form 150-101-366 should be used by Oregon part-year residents who have qualified business income.
Q: What is the purpose of Form 150-101-366?
A: The purpose of Form 150-101-366 is to calculate the reduced tax rate for qualified business income for Oregon part-year residents.
Q: What is qualified business income?
A: Qualified business income refers to income earned from a qualified trade or business.
Q: What is the reduced tax rate for qualified business income?
A: The reduced tax rate for qualified business income is 50% of the regular tax rate.
Q: Are there any eligibility requirements for using Form 150-101-366?
A: Yes, to be eligible to use Form 150-101-366, you must meet certain requirements, including being an Oregon part-year resident and having qualified business income.
Q: Is there a deadline for filing Form 150-101-366?
A: Yes, the deadline for filing Form 150-101-366 is the same as the deadline for filing your Oregon state tax return.
Q: Can Form 150-101-366 be filed electronically?
A: Yes, Form 150-101-366 can be filed electronically using the Oregon e-file system.
Q: What should I do if I have questions about Form 150-101-366?
A: If you have questions about Form 150-101-366, you can contact the Oregon Department of Revenue for assistance.
Form Details:
Download a fillable version of Form 150-101-366 Schedule OR-PTE-PY by clicking the link below or browse more documents and templates provided by the Oregon Department of Revenue.