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The Oregon Department of Revenue has added credits for contributions to Achieving a Better Life Experience (ABLE) accounts and Oregon 529 College Savings Network accounts. Subsequently, the subtractions for contributions to these accounts are no longer available for contributions made after December 31, 2019, but carryforwards of contributions made in 2019 or earlier are still allowed as subtractions.
The deadline for taxpayers to file their 2020 Oregon tax return and pay any 2020 income tax due has been extended to May 17, 2021.
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