Walter received $5,000 of municipal bond interest from the Eugene Oregon School District. How is this item treated on Walter's Oregon return?

a. It is added to federal AGI.

b. No addition or subtraction is necessary. This item is included in income at both the federal and Oregon levels.

c. No addition or subtraction is necessary. This item will be excluded from income at both the federal and Oregon levels.

d. It is subtracted from federal AGI.

Jadyn claimed the Earned Income Tax Credit on her federal return of $2,300. She has two qualifying children: Sylvester (8) and Megan (1). Jadyn's Oregon Earned Income Tax Credit is __________.

a. $184

b. $207

c. $253

d. $276

Which of the following items will require an adjustment to income on the Oregon return?

a. $1,200 scholarship limited to tuition.

b. $1,500 gambling winnings from the Oregon lottery.

c. $2,000 of student loan interest.

d. Qualified expenses to move from Springfield, OR, to San Diego, CA, related to military orders by the United States Navy.