1                                                                                                                                                                                             1
  1  2   2    5  6  7  8  9  10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81   Form With grid With grid & data2   84 85
3 4                                                                                                                                                                                           82 83
3                                                                                                                                                                                             3
4                                                                                                                                                                                             4
5                                                                                                                                                                           Office use only   5
             2022 Schedule OR-FIA-40-N
6           Page 1 of 2, 150-101-161                   Oregon Department of Revenue                      01442201010000                                                                       6
7           (Rev. 08-25-22, ver. 01)                                                                                                                                                          7
8            Oregon Farm Income Averaging for Nonresidents                                                                                                                                    8
9                                                                                                                                                                                             9
10                                                                                                                                                                                            10
11                                                                                                                                                                                            11
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            Computation of 2022 taxable income                                                         Federal column                                                     Oregon column     17
18            1.  Enter income after subtractions from your                                                                                                                                   18
19             2022 Form OR-40-N, line 34 ..................................................... 1a.      999,999,999.00.00 1b.                                              999,999,999.00.00 19
20            2.  Enter in both columns your elected farm income from                                                                                                                         20
21             Oregon sources from federal Schedule J, line 2a; or from                                                                                                                       21
22             Form OR-40-N, line 18S ........................................................... 2a.    999,999,999.00.00 2b.                                              999,999,999.00.00 22
23            3.  Line 1 minus line 2 in both the federal and Oregon columns ... 3a.                     999,999,999.00.00 3b.                                              999,999,999.00.00 23
24            4.  Recomputed Oregon percentage. Divide line 3b by line 3a                                                                                                                     24
25             (not more than 100%) ................................................................. 4. 999.9.         %                                                                     25
26            5.  Multiply the allowable modifications from line 4 of the worksheet                                                                                                           26
27               used to calculate your 2022 Form OR-40-N, line 42, by the                                                                                                                    27
28               recomputed Oregon percentage shown on line 4 above ............ 5.                      999,999,999.00.00                                                                    28
29            6.  Enter your deductions and modifications not multiplied by                                                                                                                   29
30             the Oregon percentage from 2022 Form OR-40-N, line 43 ........ 6.                         999,999,999.00.00                                                                    30
31            7.  Add lines 5 and 6 .................................................................................................................................... 7. 999,999,999.00.00 31
32            8.  Line 3b minus line 7. Enter the result here .............................................................................................. 8.             999,999,999.00.00 32
33            9.  Figure the tax on line 8 using the 2022 tax rate charts ........................................................................... 9.                    999,999,999.00.00 33
34           10.  Divide line 2b by 3 and enter here ........................................................................................................ 10.           999,999,999.00.00 34
35                                                                                                                                                                                            35
36            Prior years’ tax                                                                                                                                                                36
37           11.  Enter the amount from your 2022 Schedule OR-FIA-COMP,                                                                                                                       37
38             Computation for Tax Year 2019, Computation A, line 10;                                                                                                                         38
39             Computation B, line 8; or Computation C, line 4; whichever applies ................................................... 11.                                   999,999,999.00.00 39
40           12.  Enter the amount from your 2022 Schedule OR-FIA-COMP,                                                                                                                       40
41             Computation for Tax Year 2020, Computation A, line 10;                                                                                                                         41
42             Computation B, line 8; or Computation C, line 4; whichever applies ................................................... 12.                                   999,999,999.00.00 42
43           13.  Enter the amount from your 2022 Schedule OR-FIA-COMP,                                                                                                                       43
44             Computation for Tax Year 2021, Computation A, line 10;                                                                                                                         44
45             Computation B,  line 8; or Computation C, line 4; whichever applies ................................................... 13.                                  999,999,999.00.00 45
46           14.  Add lines 9, 11, 12, and 13 ................................................................................................................... 14.       999,999,999.00.00 46
47                                                                                                                                                                                            47
48          Computation of 2022 tax                                                                                                                                                           48
49           15. 2019 tax:                                                                                                                                                                    49
50               If you used FIA to figure your tax for 2021, enter the amount                                                                                                                50
51               from your 2021 Schedule OR-FIA-40, line 12; OR-FIA-40-N, line 12;                                                                                                            51
52               or OR-FIA-40-P, line 11.                                                                                                                                                     52
53               If you didn’t use FIA in 2021 but did for 2020, enter the                                                                                                                    53
54               amount from 2020 Schedule OR-FIA-40, line 16; OR-FIA-40-N, line 13;                                                                                                          54
55               or OR-FIA-40-P, line 12.                                                                                                                                                     55
56               If you didn’t use FIA in 2021 or 2020 but did in 2019,                                                                                                                       56
57               enter the amount from 2019 Schedule OR-FIA-40, line 4; OR-FIA-40-N,                                                                                                          57
58               line 9; or OR-FIA-40-P, line 8.                                                                                                                                              58
59               Otherwise, enter the tax from your 2019 Form OR-40,                                                                                                                          59
60             line 20; OR-40-N, line 46; or OR-40-P, line 45 ...................................................................................... 15.                    999,999,999.00.00 60
61                                                                                                                                                                                            61
62                                                                                                                                                                                            62
63                                                                                                                                                                                            63
64                                                                                                                                                                                            64
  1  2   65   5  6  7  8  9  10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81   65                             84 85
3 4                                                                                                                                                                                           82 83
66                                                                                                                                                                                            66

67                                                                                                                                                                                          67
  1  2   68   5  6  7  8  9  10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81   68   84 85
3 4                                                                                                                                                                                         82 83
69                                                                                                                                                                                          69
70                                                                                                                                                                                          70
71                                                                                                                                                                                          71
             2022 Schedule OR-FIA-40-N
72           Page 2 of 2, 150-101-161            Oregon Department of Revenue          01442201020000                                                                                       72
73           (Rev. 08-25-22, ver. 01)                                                                                                                                                       73
74                                                                                                                                                                                          74
75            16. 2020 tax:                                                                                                                                                                 75
76                If you used FIA to figure your tax for 2021, enter the amount                                                                                                             76
77                from your 2021 Schedule OR-FIA-40, line 16; OR-FIA-40-N, line 13; or                                                                                                      77
78                OR-FIA-40-P, line 12.                                                                                                                                   Oregon column     78
79                If you didn’t use FIA in 2021 but did for 2020, enter the                                                                                                                 79
80                amount from 2020 Schedule OR-FIA-40, line 4; OR-FIA-40-N, line 9;                                                                                                         80
81                or OR-FIA-40-P, line 8.                                                                                                                                                   81
82                Otherwise, enter the tax from your 2020 Form OR-40, line 20;                                                                                                              82
83                OR-40-N, line 46; or OR-40-P, line 45 ................................................................................................... 16.           999,999,999.00.00 83
84            17. 2021 tax:                                                                                                                                                                 84
85              If you used FIA to figure your tax for 2021, enter the amount                                                                                                               85
86                from your 2021 Schedule OR-FIA-40, line 4; OR-FIA-40-N, line 9; or                                                                                                        86
87                OR-FIA-40-P, line 8.                                                                                                                                                      87
88                Otherwise, enter the tax from your 2021 Form OR-40, line 20;                                                                                                              88
89                OR-40-N, line 46; or OR-40-P, line 45 ................................................................................................... 17.           999,999,999.00.00 89
90            18.  Add lines 15, 16, and 17 ....................................................................................................................... 18.   999,999,999.00.00 90
91            19.  Line 14 minus line 18 ............................................................................................................................ 19. 999,999,999.00.00 91
92            20.  Figure the tax on the amount on your 2022 Form OR-40-N,                                                                                                                  92
93              line 45, using the 2022 tax rate charts and enter here.......................................................................... 20.                      999,999,999.00.00 93
94            21.  Is line 19 less than line 20? If yes: Enter the amount from line                                                                                                         94
95              19 here and on Form OR-40-N, line 46, and check box 46a.                                                                                                                    95
96                If no: Your tax isn’t reduced by using FIA. Complete your Form OR-40-N without                                                                                            96
97              using FIA. Enter the amount from line 20 above on Form OR-40-N, line 46 ........................................ 21.                                      999,999,999.00.00 97
98                                                                                                                                                                                          98
99                                                                                                                                                                                          99
100                        —Don’t include this schedule with your Oregon return. Keep it with your records.—                                                                                100
101                                                                                                                                                                                         101
102                                                                                                                                                                                         102
103                                                                                                                                                                                         103
104                                                                                                                                                                                         104
105                                                                                                                                                                                         105
106                                                                                                                                                                                         106
107                                                                                                                                                                                         107
108                                                                                                                                                                                         108
109                                                                                                                                                                                         109
110                                                                                                                                                                                         110
111                                                                                                                                                                                         111
112                                                                                                                                                                                         112
113                                                                                                                                                                                         113
114                                                                                                                                                                                         114
115                                                                                                                                                                                         115
116                                                                                                                                                                                         116
117                                                                                                                                                                                         117
118                                                                                                                                                                                         118
119                                                                                                                                                                                         119
120                                                                                                                                                                                         120
121                                                                                                                                                                                         121
122                                                                                                                                                                                         122
123                                                                                                                                                                                         123
124                                                                                                                                                                                         124
125                                                                                                                                                                                         125
126                                                                                                                                                                                         126
127                                                                                                                                                                                         127
128                                                                                                                                                                                         128
129                                                                                                                                                                                         129
130                                                                                                                                                                                         130
  1  2   131   5  6  7  8  9  10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81   131   84 85
3 4                                                                                                                                                                                         82 83
132                                                                                                                                                                                         132