- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
How to take a foreign tax credit on Oregon state tax return
I am an Oregon resident and I am receiving retirement income from Canada. I was able to use approx $7800 of available $11,200 foreign taxes as a federal tax credit so I have a carey forward on Federal return. Is there a way to leverage some of this carry forward to reduce my Oregon taxes. Is there a specific subtraction code that would allow me to use some of this carry forward. I read something about being able to use up to $3000 for married filing jointly but not sure exactly the process. Any insight would be appreciated
Topics:
March 1, 2025
9:36 PM