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 OregonInternal Revenue Service 2024-2025

Or 18 Wc 2024-2025 Form

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of that trying to explain what what's going on there some of the administrative issues that we've identified in the with the increase in the federal standard deduction and the elimination of the personal exemption deduction like Chris said we expect more people to itemize for organ only I think he said it's gonna go down 15% for federal itemized errs and 47% it's gonna stay about the same for Oregon so we depending on how the IRS reacts to the form and the change is there we may end up having to do an Oregon only schedule a we have to wait and see we don't know for sure what they're gonna do the state and local tax deduction that they talked about it's limited to ten thousand dollars now it's five thousand you know excuse me with the the cap between property tax and income tax right now you have an addition for the state income tax but you don't have an addition for the property tax so there's some ordering

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