Schedule OR-K-1 Instructions
                               Distributive Share of Income, Deductions, Credits, etc.                         2023

General information                                                 tax and make owner payments on the nonresident 
                                                                    owner’s behalf, unless the owner submits Form OR-19-
Schedule OR-K-1 is used by a pass-through entity (PTE) to           AF stating that they will make their own estimated tax 
provide an owner with information necessary to complete             payments. Resident owners may elect to have owner 
the owner’s Oregon income tax return.                               payments made on their behalf. Withheld owner tax 
                                                                    payments are reconciled at the end of the year when the 
If the entity is making the election to pay tax at the entity       PTE files Form OR-19 .If the PTE made tax payments on 
level for calendar year 2023, complete Form OR-21 and               the owner’s behalf, mark the box for Form OR-19 and 
associated schedules first. Note: Schedule OR-K-1 is    not a       complete line 20 in Part III. 
substitute for Schedule OR-21-K-1, which is required to be      •  If tax wasn’t withheld on a nonresident owner’s behalf 
provided by electing PTEs to all of its members. Don’t use          because the nonresident owner submitted an affidavit, 
this schedule to report the PTE-E distributive proceeds, ad-        mark the box for Form OR-19-AF. 
dition, or credit. Use Schedule OR-21-K-1 for that purpose.     •  If the owner is a nonresident and the PTE wasn’t re-
Schedule OR-K-1 isn’t designed to substitute for a federal          quired to submit payments for this owner, or if the PTE 
                                                                    elected to pay the PTE-E tax and withholding wasn’t 
Schedule K-1. It may be adapted to report distributive share 
                                                                    required, mark the “Not required” checkbox.
items. for owners that are corporations, estates, trusts, other 
PTEs, or disregarded entities.                                  For more information on these requirements, see Publica-
                                                                tion OR-OC, Form OR-19 Instructions, or Form OR-19-AF 
                                                                Instructions. 
Instructions for pass-through entities
                                                                Owner’s share of profit and loss/stock ownership—Enter 
Complete Schedule OR-AP, if needed, before completing           the owner’s beginning and ending pro rata share percentage 
this schedule.                                                  of profit and loss, or stock ownership.
If this is a final or amended Schedule OR-K-1, check the ap-
propriate box at the top of the schedule. For a PTE filing for  Part III—Distributive share items
a fiscal or short tax year, enter the starting and ending dates.
                                                                Enter the Oregon apportionment percentage for the PTE. If 
                                                                all business was transacted within Oregon, enter 100 percent. 
Parts I and II—PTE and owner information                        Otherwise, enter the percentage from Schedule OR-AP, line 
                                                                23.
Complete all fields for both the PTE and the owner.     Note: 
Although this schedule is currently designed for owners who     For Oregon residents—Complete lines 1–18 of the federal 
are individuals, if an owner isn’t an individual, you may skip  column (a) and lines 19 and 20, column (b). Don’t use lines 
the field for Social Security number and use the fields for     1–18 of the Oregon column (b) for Oregon residents.
the owner’s first and last name to enter the owner’s federal    For nonresidents—Complete both the federal column (a) 
employer identification number and business name.               and the Oregon column (b). The amounts in the federal col-
Business code number—Provide the business code number           umn (a) are reported as if the owner were a full-year Oregon 
(or North American Industry Classification System code) as      resident. The amounts in the Oregon column (b) are the 
reported on line C of federal Form 1065 or line B of federal    Oregon source portion of the item allocated or apportioned 
Form 1120-S . The code is reported on Schedules OR-PTE-FY,      to Oregon. 
OR-PTE-PY, or OR-PTE-NR for taxpayers using the reduced 
tax rate for qualified business income.                         Column (a)—Federal column
Owner’s member type—Check the appropriate box.                  Lines 1 through 13. Enter the amounts from federal Sched-
                                                                ule K-1 where appropriate. Use parentheses for losses and 
Oregon residency—Check the appropriate box. If the owner        adjustments.
is a nonresident, indicate the state of legal residence.
                                                                Lines 14 through 18. Enter the owner’s pro rata share for 
Checkboxes—Mark the appropriate box regarding the PTE’s         each addition and subtraction as a positive amount. Don’t 
requirements for this owner.                                    include the PTE-E addition if the PTE made the election to 
                                                                pay PTE-E tax.
•  If the owner is a nonresident who elected to be included 
   in Form OR-OC filed by the PTE, mark the box for Form 
                                                                Column (b)—Oregon column
   OR-OC and complete line 21 in Part III. 
•  If a nonresident owner didn’t elect to be included in        If the owner is a nonresident, multiply the apportionment 
   Form OR-OC, the PTE is generally required to withhold        percentage by the owner’s pro rata share of each item in the 

150-101-002-1 (Rev. 08-29-23)                           Page 1 of 2                               2023 Schedule OR-K-1 Instructions

federal column. Don’t use lines 1 through 18 of the Oregon     Enter the amounts in column (b) of this schedule in the Or-
column (b) for full-year residents.                            egon column of Form OR-40-N along with any other Oregon 
                                                               source income. Report the Oregon adjustments, additions, 
Lines 1 through 13. Enter the owner’s pro rata share of in-
                                                               subtractions, and credits from lines 14 through 19 on Sched-
come apportioned and allocated to Oregon. Use parentheses 
                                                               ule OR-ASC-NP. Use the appropriate code for each item as 
for losses and adjustments.
                                                               shown on an attachment to Schedule OR-K-1 or as listed in 
Lines 14 through 18. Enter the owner’s pro rata share of       Publication OR-CODES. If the PTE withheld tax on your 
each Oregon addition and subtraction as a positive amount.     behalf, enter the amount on line 20 as a PTE payment on 
                                                               your nonresident return. 
Line 19. Enter the owner’s share of Oregon credits. Don’t 
include the PTE-E tax credit if the PTE elected to pay the     Important: You aren’t required to file an Oregon return if 
PTE-E tax.                                                     you elected to be included in a composite return filed by 
                                                               this PTE unless you have other Oregon source income to 
Line 20. Enter the total of all withheld tax payments submit-
                                                               report. If you made this election, the PTE must file Form OR-
ted on behalf of the owner as reported on Form OR-19.
                                                               OC and pay your share of Oregon tax on your behalf. You 
Line 21. For nonresidents who elected to be included in a      may use the payment amount from line 21 of this schedule 
composite filing only, enter the tax paid on behalf of the     to claim an itemized deduction on your federal return for 
owner from Form OR-OC.                                         income tax paid to Oregon and to calculate a credit for in-
                                                               come taxes paid to another state, if applicable. Don’t claim 
For other income, adjustments, additions, subtractions, and 
                                                               the composite return payment on line 21 as a payment on 
credits, attach a separate schedule listing each item. Include 
                                                               your nonresident return.
the code for each item from Publication OR-CODES  You.
can use Schedule OR-ASC for resident owners or Schedule        If you have questions about the PTE’s requirements to file or 
OR-ASC-NP for nonresident or part-year resident owners to      pay taxes on your behalf, see Publication OR-OC and Form 
list the codes and amounts.                                    OR-19 Instructions.
Include a copy of these instructions with the Schedule OR-     Part-year residents. Report the amounts from column (a), 
K-1 you send to each owner. Keep a copy of each schedule       lines 1 through 13, with your other income from all sources 
with your tax records; don’t submit them to the department.    on your federal return and in the federal column of Form 
                                                               OR-40-P. Oregon taxes all PTE income received while an 
                                                               Oregon resident. For the portion of the year you are a non-
Instructions for owners                                        resident, Oregon only taxes income from Oregon sources. 
                                                               The amounts reported in column (b) may need to be modi-
Use the information provided on Schedule OR-K-1 and any        fied to reflect income received from all sources when you 
attachments to complete your Oregon return or, if you are      were a resident or from Oregon sources when you were a 
a pass-through entity, to provide information to your own-     nonresident before you enter them in the Oregon column 
ers of their distributive share items. Don’t include Schedule  on Form OR-40-P. Report the Oregon adjustments, addi-
OR-K-1 when you file your return. Keep the schedule with       tions, subtractions, and credits from lines 14 through 19 on 
your tax records.                                              Schedule OR-ASC-NP. Use the appropriate code for each 
Losses may be claimed only to the extent that they are in-     item as shown on an attachment to Schedule OR-K-1 or as 
cluded in federal adjusted gross income.                       listed in Publication OR-CODES. If the PTE withheld tax on 
                                                               your behalf, enter the amount from line 20 as a PTE payment 
Full-year residents. Include the amounts from column (a),      on your part-year return.
lines 1 through 13, with your income from all sources on 
your federal return. Report the Oregon additions, subtrac-     If your residency status changes, be sure to notify the PTE.
tions, and credits from lines 14 through 19 on Schedule OR-
ASC. Use the appropriate code for each item as shown on        Do you have questions or need help?
an attachment to Schedule OR-K-1 or as listed in Publication 
OR-CODES. If the PTE withheld tax on your behalf, enter the      www.oregon.gov/dor
amount on line 20 as a PTE payment on your return.             503-378-4988 or 800-356-4222
                                                               questions.dor@dor.oregon.gov
Nonresidents. Include the amounts from column (a), lines 1 
through 13, with your other income from all sources on your    Contact us for ADA accommodations or assistance in other 
federal return and in the federal column of Form OR-40-N.      languages.

150-101-002-1 (Rev. 08-29-23)                        Page 2 of 2                           2023 Schedule OR-K-1 Instructions