STATED IN A POP-UP BOX IN TT 2023 OREGON STATE:
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Retirement Funds Invested in U.S.
Government Bonds and Notes
You can subtract the part of your IRA or self-employed pension (Keogh)
distributions that corresponds to tax-exempt U.S. government interest
received.
Follow these steps to calculate the percentage of your distribution that
qualifies:
1. Add the amount of your 2023 distributions to the total account balance as
of December 31, 2023.
2. Figure the total of all U.S. government interest received by your IRA or
retirement account from the beginning through December 31, 2023.
3. Subtract the total exempt part of your distributions from all prior years
through 2022. If the result is negative, use zero for this step.
4. Divide the result from Step 3 by the result from Step 1. This is your
Oregon exempt ratio.
5. Multiply the result from Step 4 (Oregon exempt ratio) by the amount of
your 2023 distributions.
The result from Step 5 is the amount of your pension subtraction.
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However, the necessary info is hard to get from my broker.
