Form OR-24 Instructions

                               Oregon Like-Kind Exchanges/Involuntary Conversions

 General information                                            Partnership filers: Include this form with your Form OR-65, 
                                                                Oregon Partnership Income Return, and check the box “Form 
Use this form only to report the exchange of business           OR-24.”
and investment property in Oregon for property outside          Trust/estate filers: Include this form with your Form OR-41, 
Oregon when you defer gain on an exchange of like-kind          Oregon Fiduciary Return, and check the box “Form OR-24.” 
property under Internal Revenue Code sections 1031 or 1033. 
                                                                If you don’t have a filing requirement for Oregon, you may 
Don’t use this form for personal-use property such as the       submit this form using Revenue Online at   www.oregon.
vehicle you use for transportation.  Don’t use this form        gov/dor by logging in to your account. If you don’t have an 
when exchanging property in Oregon for other property           account, you may be able to create one, but you must have 
in Oregon.                                                      filed an Oregon return previously to be able to do so.
You must file this form for the tax year that you transferred 
property to another party in a like-kind exchange and 
                                                                Additional resources
annually thereafter until the disposition of the like-kind 
property. If you made more than one like-kind exchange,         Download Oregon tax forms and instructions at  
report each exchange on a separate form.                          www.oregon.gov/dor/forms or contact us to order them. 
Individual filers: Include this form with your Form OR-40, 
Oregon Individual Income Tax Return for Full-year Residents, 
OR-40-N, Oregon Individual Income Tax Return for Nonresi-       Do you have questions or need help?
dents, or OR-40-P, Oregon Individual Income Tax Return for Part-
                                                                  www.oregon.gov/dor
year Residents, and check the box “Form OR-24.”
                                                                503-378-4988 or 800-356-4222
Corporate filers: Include this form with your Form OR-20,       questions.dor@ dor.oregon.gov
Oregon Corporation Excise Tax Return, OR-20-INC, Oregon Cor-
                                                                Contact us for ADA accommodations or assistance in other 
poration Income Tax Return, or OR-20-S, Oregon S Corporation 
                                                                languages.
Tax Return, and check the box “Form OR-24.”

150-101-734-1 (Rev. 08-18-23)                    Page 1 of 1                                     Form OR-24 Instructions