OAR 150-316-0205: Credit for Taxes Paid to State of Residence

(1) General: An Oregon nonresident is allowed a credit for taxes paid to the state of residence if the taxpayer’s state of residence allows residents of Oregon to claim a credit for mutually taxed income on the nonresident return filed with that state. Example: Elizabeth, a California resident, receives income from Oregon property. Because California allows Oregon residents to claim a credit for mutually taxed income on the California nonresident return, Elizabeth is allowed to claim the credit on the Oregon nonresident return. (2) Computation. OAR 150-316-0084 subsection (4) shall be followed. (3) Proof required and procedure for obtaining credit. OAR 150-316-0086 and 150-316-0080 shall be followed. (4) Special filing status. OAR 150-316-0084 subsections (5), (6), (7), and (8) shall be followed.