Oregon DOR Issues Publishes Instructions on Pass-Through Entity Elective Tax Reporting

The Oregon Department of Revenue (DOR) published instructions on Schedule OR-21-K-1, which pass-through entities (PTEs) must use to report each member’s share of distributive proceeds, Oregon addition for taxes deducted by the PTE on the federal return, and credit for PTE elective tax (PTE-E tax) paid by the entity. The instructions provide guidance for PTEs electing to pay the PTE-E tax, as well as for upper-tier PTEs that are members of lower-tier entities electing to pay the tax, on how to complete the schedule and report the relevant amounts to their members. [Or. Dep’t of Revenue, 2025 Schedule OR-21-K-1 Instructions ...