What deductions and credits are available on my state tax return?

There are several deductions and credits available on your state tax return in Oregon. Some common deductions include federal income tax paid, medical expenses, student loan interest, and retirement contributions. Additionally, you may be eligible for credits such as the Earned Income Credit, Child and Dependent Care Credit, and the Business Energy Tax Credit. It's important to note that these deductions and credits may change annually, so it's recommended to consult the Oregon Department of Revenue website or seek professional tax advice for the most up-to-date information. By taking advantage of these deductions and credits, you can potentially reduce your overall tax liability and maximize your tax refund.