Instructions for Form 150-101-007 Schedule OR-A Oregon Itemized Deductions - Oregon

Form 150-101-007 Schedule OR-A Oregon Itemized Deductions - Oregon

This document contains official instructions for Form 150-101-007 Schedule OR-A, Oregon Itemized Deductions - a form released and collected by the Oregon Department of Revenue. An up-to-date fillable Form 150-101-007 Schedule OR-A is available for download through this link.

FAQ

Q: What is Form 150-101-007?
A: Form 150-101-007 is the Schedule OR-A for claiming itemized deductions in Oregon.

Q: What are itemized deductions?
A: Itemized deductions are certain expenses that you can deduct from your taxable income, such as medical expenses and mortgage interest.

Q: Who should use Schedule OR-A?
A: Residents of Oregon who want to claim itemized deductions on their state tax return should use Schedule OR-A.

Q: How do I fill out Schedule OR-A?
A: You need to list your itemized deductions on the schedule, including details of each expense and the total amount.

Q: What expenses can I deduct on Schedule OR-A?
A: You can deduct expenses such as medical and dental expenses, home mortgage interest, property tax, and charitable contributions.

Q: Can I claim both itemized deductions and the standard deduction?
A: No, you have to choose between claiming itemized deductions or taking the standard deduction on your Oregon state tax return.

Q: Do I need to include supporting documents with Schedule OR-A?
A: You should keep all supporting documents for your itemized deductions, but you don't need to attach them to your tax return unless requested.

Q: When is the deadline for filing Schedule OR-A?
A: The deadline for filing Schedule OR-A is the same as the deadline for filing your Oregon state tax return, which is usually April 15th.