Entering individual Oregon Form 40 Residential Energy Credit in ProConnect Tax

This article will assist you with entering Oregon Form 40, Residential Energy Credit, in the Individual return.

All credit codes have changed beginning with tax year 2015. For a complete list of codes, refer to the Oregon Publication OR-CODES.

Follow these steps to enter the OR Residential Energy Credit:

1. From the Input Return tab, go to State & Local ⮕ Other Credits ⮕ OR Credits.
2. Locate the Oregon Credits section.
3. Click the input field titled Other carryforward credits (Click on button to expand).
4. From the Code dropdown list, select 861=Residential Energy.

This credit flows to Schedule OR-ASC, Section 4: Carryforward credits (codes 835 - 865), line(s) 4. The allowed credit amount will flow to Form 40, line 28.

Refer to Oregon Publication OR-17 for more information about the Residential Energy Credit.