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 Schedule OR-PTE-PY?
A: Form 150-101-366 Schedule OR-PTE-PY is a schedule used by Oregon part-year residents to calculate the qualified business income reduced tax rate.
Q: Who should use Form 150-101-366 Schedule OR-PTE-PY?
A: Oregon part-year residents should use Form 150-101-366 Schedule OR-PTE-PY.
Q: What is the purpose of Form 150-101-366 Schedule OR-PTE-PY?
A: The purpose of Form 150-101-366 Schedule OR-PTE-PY 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 is the net income 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 a lower tax rate that applies to certain types of income from a qualified trade or business.
Q: What do Oregon part-year residents need to include in Form 150-101-366 Schedule OR-PTE-PY?
A: Oregon part-year residents need to include their qualified business income and other required information in Form 150-101-366 Schedule OR-PTE-PY.
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.