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             2023 Schedule OR-FIA-40-N
6           Page 1 of 2, 150-101-161                   Oregon Department of Revenue                                 01442301010000                                                            6
7           (Rev. 11-01-23, ver. 01)                                                                                                                                                          7
8            Oregon Farm Income Averaging for Nonresidents                                                                                                                                    8
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12          First name               Initial Last name                                                                             Social Security number (SSN)                               12
13           XXXXXXXXXXXX X XXXXXXXXXXXXXXXXXXXX                                                                                   999-99-9999– –                                             13
14          Spouse first name        Initial Spouse last name                                                                      Spouse SSN                                                 14
15           XXXXXXXXXXXX X XXXXXXXXXXXXXXXXXXXX                                                                                   999-99-9999– –                                             15
16                                                                                                                                                                                            16
17          Tax on 2023 income without elected farm income                                                                                                                                    17
                                                                                                                    Federal column                                          Oregon column
18            1.  Enter your 2023 income after subtractions from Form OR-40-N,                                                                                                                18
19               lines 34F and 34S ..................................................................... 1a.        999,999,999.00.00   1b.                                 999,999,999.00.00 19
20            2.  Enter your 2023 elected farm income from Oregon sources                                                                                                                     20
21               from federal Schedule J, line 2a, or from Form OR-40-N,                                                                                                                      21
22               line 18S ..................................................................................... 2a. 999,999,999.00.00   2b.                                 999,999,999.00.00 22
23            3.  Line 1 minus line 2 in both columns ......................................... 3a.                 999,999,999.00.00   3b.                                 999,999,999.00.00 23
24            4. Recomputed Oregon percentage. Line 3b divided by                                                                                                                             24
25               line 3a (not more than 100%) ..................................................... 4.              999.9.            %                                                       25
26            5.  Divide the amount shown on line 42 of your 2023 return by your                                                                                                              26
27               Oregon percentage on line 35, then multiply the result by                                                                                                                    27
28               the recomputed Oregon percentage on line 4, above .................. 5.                            999,999,999.00.00                                                         28
29            6.  Enter the amount, if any, from your 2023 return, line 43 ............. 6.                         999,999,999.00.00                                                         29
30            7.  Add lines 5 and 6 .................................................................................................................................... 7. 999,999,999.00.00 30
31            8. Taxable income without elected farm income.                                                                                                                                  31
32               Line 3b minus line 7 ................................................................................................................................ 8.   999,999,999.00.00 32
33            9. Recomputed tax. Figure the tax on the amount on line 8                                                                                                                       33
34               using the 2023 tax rate charts ................................................................................................................ 9.         999,999,999.00.00 34
35                                                                                                                                                                                            35
36          One-third of 2023 elected farm income                                                                                                                                             36
37           10.  Line 2b divided by three ....................................................................................................................... 10.      999,999,999.00.00 37
38                                                                                                                                                                                            38
39            Tax on base year income from Schedule OR-FIA-COMP                                                                                                                               39
40           11. Base year 2020. Enter the recomputed 2020 tax from                                                                                                                           40
41               Computation for base year 2020, Computation A, line 10;                                                                                                                      41
42               Computation B, line 8; or Computation C, line 4 .................................................................................. 11.                     999,999,999.00.00 42
43           12. Base year 2021. Enter the recomputed 2021 tax from                                                                                                                           43
44               Computation for base year 2021, Computation A, line 10;                                                                                                                      44
45               Computation B, line 8; or Computation C, line 4. ................................................................................. 12.                     999,999,999.00.00 45
46           13. Base year 2022. Enter the recomputed 2022 tax from                                                                                                                           46
47               Computation for base year 2022, Computation A, line 10;                                                                                                                      47
48               Computation B, line 8; or Computation C, line 4 .................................................................................. 13.                     999,999,999.00.00 48
49           14.  Add lines 9, 11, 12, and 13 ................................................................................................................... 14.       999,999,999.00.00 49
50                                                                                                                                                                                            50
51          Computation of 2023 tax                                                                                                                                                           51
52          For this section, if you used FIA to figure your tax for any base year, see the instructions for the amounts to enter                                                             52
53          on lines 15, 16, and 17. Otherwise, enter the tax amounts for each base year as directed.                                                                                         53
54           15. 2020 tax:                                                                                                                                                                    54
55               Enter the tax from your 2020 Form OR-40, line 20, OR-40-N,                                                                                                                   55
56               line 46, or OR-40-P, line 45 ................................................................................................................... 15.       999,999,999.00.00 56
57           16. 2021 tax:                                                                                                                                                                    57
58               Enter the tax from your 2021 Form OR-40, line 20, OR-40-N,                                                                                                                   58
59               line 46, or OR-40-P, line 45 ................................................................................................................... 16.       999,999,999.00.00 59
60           17. 2022 tax:                                                                                                                                                                    60
61             Enter the tax from your 2022 Form OR-40, line 20, OR-40-N,                                                                                                                     61
62               line 46, or OR-40-P, line 45 ................................................................................................................... 17.       999,999,999.00.00 62
63           18.  Add lines 15, 16, and 17 ....................................................................................................................... 18.      999,999,999.00.00 63
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             2023 Schedule OR-FIA-40-N
72           Page 2 of 2, 150-101-161           Oregon Department of Revenue           01442301020000                                                                                        72
73           (Rev. 11-01-23, ver. 01)                                                                                                                                                        73
74                                                                                                                                                                                           74
75           Computation of 2023 tax (continued)                                                                                                                                             75
76            19. Tax using FIA. Line 14 minus line 18 ................................................................................................... 19.             999,999,999.00.00 76
77            20. Tax without using FIA. Using the 2023 tax rate charts, figure                                                                                                              77
78                the tax on the amount on line 45 of your nonresident return.                                                                                                               78
79                Enter the result here .............................................................................................................................. 20. 999,999,999.00.00 79
80            21.  Is line 19 less than line 20? If yes: Enter the amount from line 19                                                                                                       80
81                here and on line 46 of your return, and check box 46a.                                                                                                                     81
82                If no: FIA doesn’t reduce your tax. Complete your return                                                                                                                   82
83                without using FIA .................................................................................................................................. 21. 999,999,999.00.00 83
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86                         —Don’t include this schedule with your Oregon return. Keep it with your records.—                                                                                 86
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