Oregon Oregon Adjustments

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Oregon Adjustments
2023 Form OR-ASC-CORP, Oregon Adjustments for Corporations, 150-102-033Clear form

2023 Schedule OR-ASC-CORP

Oregon Department of Revenue

Oregon Adjustments for Corporations
Page 1 of 4

• Use UPPERCASE letters.  • Use blue or black ink.  • Print actual size (100%).  • Don’t submit photocopies or use staples.

Use this form to claim additions, subtractions, or credits that aren’t specifically included on your corporation or insurance return.
Use codes from the appendices in the Form OR-20, OR-20-INC, OR-20-INS, or OR-20-S instructions.
Corporation legal name (as shown on your Oregon return)

Federal employer identification number (FEIN)

Section A: Additions

Code

Amount

A1.

A2.

,

,

,

0 0

A3.

A4.

,

,

,

0 0

A5.

A6.

,

,

,

0 0

A7.

A8.

,

,

,

0 0

A9.

A10.

,

,

,

0 0

A11.

A12.

,

,

,

0 0

A13.

A14.

,

,

,

0 0

A15.

A16.

,

,

,

0 0

A17.

A18.

,

,

,

0 0

A19.

A20.

,

,

,

0 0

A21.	Enter total of section. Enter this amount on Form OR-20, line 2;
Form OR-20-INC, line 2; Form OR-20-INS, line 8; or
Form OR-20-S, line 2.................................................................. Total A21.

,

,

,

0 0

Continued on next page

150-102-033
(Rev. 07-18-23, ver. 01)

17582301010000

2023 Schedule OR-ASC-CORP
Page 2 of 4

Oregon Department of Revenue

• Use UPPERCASE letters.  • Use blue or black ink.  • Print actual size (100%).  • Don’t submit photocopies or use staples.

Section B: Subtractions

Code

Amount

B1.

B2.

,

,

,

0 0

B3.

B4.

,

,

,

0 0

B5.

B6.

,

,

,

0 0

B7.

B8.

,

,

,

0 0

B9.

B10.

,

,

,

0 0

B11.

B12.

,

,

,

0 0

B13.

B14.

,

,

,

0 0

B15.

B16.

,

,

,

0 0

B17.

B18.

,

,

,

0 0

B19.

B20.

,

,

,

0 0

B21. 	Enter total of section. Enter this amount on Form OR-20, line 4;
Form OR-20-INC, line 4; Form OR-20-INS, line 10; or
Form OR-20-S, line 3.................................................................. Total B21.

,

,

,

0 0

Section C: Standard credits

Code

Amount

C1.

C2.

,

,

,

0 0

C3.

C4.

,

,

,

0 0

C5.

C6.

,

,

,

0 0

C7.		 Enter total of section. Enter this amount on Form OR-20, line 17;
Form OR-20-INC, line 11; or Form OR-20-INS, line 20.............. Total C7.

,

,

,

0 0
Continued on next page

150-102-033
(Rev. 07-18-23, ver. 01)

17582301020000

2023 Schedule OR-ASC-CORP
Page 3 of 4

Oregon Department of Revenue

• Use UPPERCASE letters.  • Use blue or black ink.  • Print actual size (100%).  • Don’t submit photocopies or use staples.

Section D: Carryforward credits

Amount from prior year

Code

D2.

D1.

,

,

,

0 0

,

,

0 0

,

,

0 0

,

,

0 0

,

,

0 0

,

,

0 0

,

,

0 0

,

,

0 0

,

,

0 0

,

,

0 0

,

,

0 0

,

,

0 0

,

,

0 0

,

,

0 0

,

,

0 0

Amount awarded this year

D3.

,
Total used this year

D4.

Amount from prior year

Code

D6.

D5.

,
,
Amount awarded this year

D7.

,
Total used this year

D8.

Amount from prior year

Code

D10.

D9.

,
,
Amount awarded this year

D11.

,
Total used this year

D12.

Amount from prior year

Code

D14.

D13.

,
,
Amount awarded this year

D15.

,
Total used this year

D16.

Amount from prior year

Code

D17.

,

D18.

,
Amount awarded this year

D19.

,
Total used this year

D20.

150-102-033
(Rev. 07-18-23, ver. 01)

,

Continued on next page

17582301030000

2023 Schedule OR-ASC-CORP
Page 4 of 4

Oregon Department of Revenue

• Use UPPERCASE letters.  • Use blue or black ink.  • Print actual size (100%).  • Don’t submit photocopies or use staples.

D21.	 Enter the total of the amounts of “Total used this year” in this section.
Enter this amount on Form OR-20, line 19; Form OR-20-INC, line 13;
Form OR-20-INS, line 22; or Form OR-20-S, line 15................... Total D21.

,

,

,

0 0

,

,

,

0 0

E4.

,

,

,

0 0

E5.		 Enter total of section. Enter this amount on Form OR-20, Schedule ES
line 7; Form OR-20-INC, Schedule ES line 7; or Form OR-20-INS,
Schedule ES line 7......................................................................... Total E5.

,

,

,

0 0

Section E: Refundable credits

Code

E1.

Amount

E2.
Code

E3.

Amount

You must include this schedule with your Oregon corporation or insurance tax return.

150-102-033
(Rev. 07-18-23, ver. 01)

17582301040000

Extracted from PDF file 2023-oregon-schedule-asc-corp.pdf, last modified July 2023

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More about the Oregon Schedule ASC-CORP Corporate Income Tax TY 2023

Oregon Adjustments when filing Forms 20, 20-I, 20-INS, or 20-S

We last updated the Oregon Adjustments in January 2024, so this is the latest version of Schedule ASC-CORP, fully updated for tax year 2023. You can download or print current or past-year PDFs of Schedule ASC-CORP directly from TaxFormFinder. You can print other Oregon tax forms here.

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Other Oregon Corporate Income Tax Forms:

TaxFormFinder has an additional 50 Oregon income tax forms that you may need, plus all federal income tax forms.

Form Code	Form Name
Form 20 Instructions	Form 20 Instructions
Schedule K-1	Distributive Share of Income Schedule
Form 20-INS Instructions	Form 20-INS Instructions
Form 65	Oregon Partnership Return of Income Tax Return
Form 20-V	Oregon Corporation Tax Payment Voucher Voucher

Download all OR tax forms View all 51 Oregon Income Tax Forms

Form Sources:

Oregon usually releases forms for the current tax year between January and April. We last updated Oregon Schedule ASC-CORP from the Department of Revenue in January 2024.

Show Sources >

About the Corporate Income Tax

The IRS and most states require corporations to file an income tax return, with the exact filing requirements depending on the type of company.

Sole proprietorships or disregarded entities like LLCs are filed on Schedule C (or the state equivalent) of the owner's personal income tax return, flow-through entities like S Corporations or Partnerships are generally required to file an informational return equivilent to the IRS Form 1120S or Form 1065, and full corporations must file the equivalent of federal Form 1120 (and, unlike flow-through corporations, are often subject to a corporate tax liability).

Additional forms are available for a wide variety of specific entities and transactions including fiduciaries, nonprofits, and companies involved in other specific types of business.

Historical Past-Year Versions of Oregon Schedule ASC-CORP

We have a total of ten past-year versions of Schedule ASC-CORP in the TaxFormFinder archives, including for the previous tax year. Download past year versions of this tax form as PDFs here:

2023 Schedule ASC-CORP

2023 Form OR-ASC-CORP, Oregon Adjustments for Corporations, 150-102-033

2022 Schedule ASC-CORP

2022 Form OR-ASC-CORP, Oregon Adjustments for Corporations, 150-102-033

2021 Schedule ASC-CORP

2021 Schedule OR-ASC, Oregon Adjustments for Form OR-40 Filers, 150-101-063

2020 Schedule ASC-CORP

2020 Schedule OR-ASC, Oregon Adjustments for Form OR-40 Filers, 150-101-063

2019 Schedule ASC-CORP

2019 Schedule OR-ASC, Oregon Adjustments for Form OR-40 Filers, 150-101-063

2018 Schedule ASC-CORP

2018 Schedule OR-ASC-CORP, Oregon Adjustments when Filing Forms OR-20, OR-20-INC, OR-20-INS, or OR-20-S, 150-102-033

2017 Schedule ASC-CORP

2017 Schedule OR-ASC-CORP, Oregon Adjustments when Filing Forms OR-20, OR-20-INC, OR-20-INS, or OR-20-S, 150-102-033

2016 Schedule ASC-CORP

2016 Schedule OR-ASC-CORP, Oregon Adjustments when Filing Forms OR-20, OR-20-INC, OR-20-INS, or OR-20-S, 150-102-033

2015 Schedule ASC-CORP

2015 Schedule ASC-CORP, Oregon Adjustments for Form 20 Filers, 150-102-033

2014 Schedule ASC-CORP

2012 Schedule ASC-CORP, Oregon Adjustments for Form 20 Filers, 150-102-033

TaxFormFinder Disclaimer:

While we do our best to keep our list of Oregon Income Tax Forms up to date and complete, we cannot be held liable for errors or omissions. Is the form on this page out-of-date or not working? Please let us know and we will fix it ASAP.