Oregon Form Help

The following information has been provided to assist in the preparation of Oregon state tax returns.

 

Form 40 Resident Individual Income Tax Returns

 

File Form 40 if any of the following apply:

The taxpayer:

 1. Is a full year Oregon resident

 2. Cannot use Form 40S

 3. Paid or should have paid estimated tax during the year

 4. Has adjustments on Form 1040, line 34

 5. Has Oregon additions and/or subtractions other than the

    federal tax subtraction

 6. Itemized deductions on the Oregon return

 7. Is married filing separately and his/her spouse is itemizing

 8. Is claiming tax credits

 9. Received Social Security, pension, or annuity income

10. Is in the military and is claiming the subtraction for

    military active duty pay

11. Owes penalty or interest

12. Wants to apply all or part of the refund to his/her 2015

    estimated tax

13. Used taxable scholarship income for housing and qualify

    for the Oregon subtraction

 

Residency:

1. Resident:

   An individual:

   - Who thinks of Oregon as his/her permanent home

   - Whose center of financial, social, and family life is

     Oregon

   - Who intends to come back to Oregon when away

2. Part-Year Resident:

   An individual who:

   - Moved into Oregon during the year to maintain residence

     from another state or country

   - Moved out of Oregon during the year to maintain residence

     in another state or country

3. Non-Resident:

   An individual:

   - Whose permanent home is outside of Oregon all year

 

Armed forces taxpayers:

File as a non-resident if all of the following apply:

 - The taxpayer didn't have a personal residence in Oregon for

   him/herself or for his/her family during any part of 2014

 - The taxpayer's personal residence was outside of Oregon

   during all of 2014

 - The taxpayer spent less than 31 days in Oregon in 2014

 

NOTE: If the taxpayer does not meet all of the above

      requirements, file as a resident.

 

Married filing joint taxpayers:

1. Taxpayer/Spouse is full year resident/part year resident:

   - They can file separate Oregon returns. The full year

     resident should file Form 40 and the part year resident

     should file Form 40P.

   - If filing one return, file Form 40P

2. Taxpayer/Spouse is full year resident/non-resident:

   - They can file separate Oregon returns. The full year

     resident should file Form 40 and the non-resident should

     file Form 40N.

   - If filing one return, file Form 40N

3. Taxpayer/Spouse is part year resident/non-resident:

   - They can file separate Oregon returns. The part year

     resident should file Form 40P and the non-resident should

     file Form 40N.

   - If filing one return, file Form 40N

 

Late Payment Penalty:

If any state taxes due are paid after April 15, 2015, the

taxpayer will owe an additional amount for a late payment

penalty from April 15, 2015 to the date of payment. The

penalty rate is 5% of the unpaid tax.

 

Late Filing Penalty:

If the Oregon individual income tax return is not filed by

October 15, 2015, the taxpayer will owe an additional amount

for a late filing penalty. The penalty rate is 20% of the

unpaid tax and is in addition to the 5% late payment penalty.

 

Other Penalities:

If 3 consecutive years' returns are not filed by the due date of

the third year, the taxpayer will owe an additional amount. The

penalty rate is 100% of the unpaid tax on each of the 3 years'

tax returns.

 

Form 40N Non-Resident Individual Income Tax Returns

File Form 40N if any of the following apply:

The taxpayer:

1. Is a nonresident

2. Is a nonresident filing a joint return and his/her spouse is

   a full year resident (see married filing joint taxpayers

   below)

3. And spouse are nonresidents filing a joint return (see

   married filing joint taxpayers below)

 

Residency:

1. Resident:

   An individual:

   - Who thinks of Oregon as his/her permanent home

   - Whose center of financial, social, and family life is

     Oregon

   - Who intends to come back to Oregon when away

2. Part-Year Resident:

   An individual who:

   - Moved into Oregon during the year to maintain residence

     from another state or country

   - Moved out of Oregon during the year to maintain residence

     in another state or country

3. Non-Resident:

   An individual:

   - Whose permanent home is outside of Oregon all year

 

Armed forces taxpayers:

File as a non-resident if all of the following apply:

 - The taxpayer didn't have a personal residence in Oregon for

   him/herself or for his/her family during any part of 2014

 - The taxpayer's personal residence was outside of Oregon

   during all of 2014

 - The taxpayer spent less than 31 days in Oregon in 2014

 

NOTE: If the taxpayer does not meet all of the above

      requirements, file as a resident.

 

Married filing joint taxpayers:

1. Taxpayer/Spouse is full year resident/part year resident:

   - They can file separate Oregon returns. The full year

     resident should file Form 40 and the part year resident

     should file Form 40P.

   - If filing one return, file Form 40P

2. Taxpayer/Spouse is full year resident/non-resident:

   - They can file separate Oregon returns. The full year

     resident should file Form 40 and the non-resident should

     file Form 40N.

   - If filing one return, file Form 40N

3. Taxpayer/Spouse is part year resident/non-resident:

   - They can file separate Oregon returns. The part year

     resident should file Form 40P and the non-resident should

     file Form 40N.

   - If filing one return, file Form 40N

 

Late Payment Penalty:

If any state taxes due are paid after April 15, 2015, the

taxpayer will owe an additional amount for a late payment

penalty from April 15, 2015 to the date of payment. The

penalty rate is 5% of the unpaid tax.

 

Late Filing Penalty:

If the Oregon individual income tax return is not filed by

October 15, 2015, the taxpayer will owe an additional amount

for a late filing penalty. The penalty rate is 20% of the

unpaid tax and is in addition to the 5% late payment penalty.

 

Other Penalities:

If 3 consecutive years' returns are not filed by the due date of

the third year, the taxpayer will owe an additional amount. The

penalty rate is 100% of the unpaid tax on each of the 3 years'

tax returns.

 

Form 40X

File Form 40X to correct any errors made on the originally

filed Oregon Form 40 or 40S only. Nonresident or part-year

resident returns should use Form 40N or Form 40P instead.

 

In general, if the taxpayer amended the Federal individual

income tax return,the Oregon individual income tax return

must be amended.

 

NOTE: An amended return can be filed within 3 years of the

      original due date of the return, including extensions.

 

Form 40P Part Year Individual Income Tax Returns

File Form 40P if any of the following apply:

The taxpayer:

1. Is a part year resident

2. Is a part year resident filing a joint return and his/her

   spouse is a full year resident (see married filing joint

   taxpayers below)

3. And spouse are part year residents filing a joint return

   (see married filing joint taxpayers below)

 

Residency:

1. Resident:

   An individual:

   - Who thinks of Oregon as his/her permanent home

   - Whose center of financial, social, and family life is

     Oregon

   - Who intends to come back to Oregon when away

2. Part-Year Resident:

   An individual who:

   - Moved into Oregon during the year to maintain residence

     from another state or country

   - Moved out of Oregon during the year to maintain residence

     in another state or country

3. Non-Resident:

   An individual:

   - Whose permanent home is outside of Oregon all year

 

Armed forces taxpayers:

File as a non-resident if all of the following apply:

 - The taxpayer didn't have a personal residence in Oregon for

   him/herself or for his/her family during any part of 2014

 - The taxpayer's personal residence was outside of Oregon

   during all of 2014

 - The taxpayer spent less than 31 days in Oregon in 2014

 

NOTE: If the taxpayer does not meet all of the above

      requirements, file as a resident.

 

Married filing joint taxpayers:

1. Taxpayer/Spouse is full year resident/part year resident:

   - They can file separate Oregon returns. The full year

     resident should file Form 40 and the part year resident

     should file Form 40P.

   - If filing one return, file Form 40P

2. Taxpayer/Spouse is full year resident/non-resident:

   - They can file separate Oregon returns. The full year

     resident should file Form 40 and the non-resident should

     file Form 40N.

   - If filing one return, file Form 40N

3. Taxpayer/Spouse is part year resident/non-resident:

   - They can file separate Oregon returns. The part year

     resident should file Form 40P and the non-resident should

     file Form 40N.

   - If filing one return, file Form 40N

 

Late Payment Penalty:

If any state taxes due are paid after April 15, 2015, the

taxpayer will owe an additional amount for a late payment

penalty from April 15, 2015 to the date of payment. The

penalty rate is 5% of the unpaid tax.

 

Late Filing Penalty:

If the Oregon individual income tax return is not filed by

October 15, 2015, the taxpayer will owe an additional amount

for a late filing penalty. The penalty rate is 20% of the

unpaid tax and is in addition to the 5% late payment penalty.

 

Other Penalities:

If 3 consecutive years' returns are not filed by the due date of

the third year, the taxpayer will owe an additional amount. The

penalty rate is 100% of the unpaid tax on each of the 3 years'

tax returns.

 

Working Family Child Care Credit

 

The working family child care credit is available to low income

families with qualifying child care expenses.

To qualify, all of the following must be true:

  * You or your employer paid child care expenses to allow you

    and your spouse to work or attend school; and

  * Your adjusted gross income is less than the limit for your

    household size (see the tables in the instructions);

  * Your child care expenses are for your child under the age

    of 13 (or for a child with a disability); and

  * Care is not provided by the parent, guardian, or a brother

    or sister under the age of 19; and

  * You have earned income of at least $6,600; and

  * You have less than $2,600 of investment income (interest,

    dividends, and capital gains).

 

Note:  If you are married filing separately, you must be

legally separated or permanently living apart on December 31,

2003 to qualify.

 

Household Size

Your household size is generally the number of exemptions you

claim on your federal return.  Parents who share custody of

their children have different rules.

 

Custodial parent

Enter the exemption information from your federal return on

lines 5-12.  Also enter the information for any child who lived

with you, but whom you allowed the other parent to claim on his

or her tax return.

 

Noncustodial parent

Enter the exemption information from your federal return on

lines 5-12.  DO NOT enter the exemption information for any

child who did not live with you more than half the year even

though the child's other parent may have allowed you to claim

the exemption on your tax return.  Enter that child's

information on line 14-16.

 

Noncustodial parents

Noncustodial parents may not increase household size based on a

dependency exemption given to you by the custodial parent.

 

Working Family Child Care Credit 

 

The working family child care credit is available to low income

families with qualifying child care expenses.

To qualify, all of the following must be true:

  * You or your employer paid child care expenses to allow you

    and your spouse to work or attend school; and

  * Your adjusted gross income is less than the limit for your

    household size (see the tables in the instructions);

  * Your child care expenses are for your child under the age

    of 13 (or for a child with a disability); and

  * Care is not provided by the parent, guardian, or a brother

    or sister under the age of 19; and

  * You have earned income of at least $6,600; and

  * You have less than $2,600 of investment income (interest,

    dividends, and capital gains).

 

Note:  If you are married filing separately, you must be

legally separated or permanently living apart on December 31,

2003 to qualify.

 

Household Size

Your household size is generally the number of exemptions you

claim on your federal return.  Parents who share custody of

their children have different rules.

 

Custodial parent

Enter the exemption information from your federal return on

lines 5-12.  Also enter the information for any child who lived

with you, but whom you allowed the other parent to claim on his

or her tax return.

 

Noncustodial parent

Enter the exemption information from your federal return on

lines 5-12.  DO NOT enter the exemption information for any

child who did not live with you more than half the year even

though the child's other parent may have allowed you to claim

the exemption on your tax return.  Enter that child's

information on line 14-16.

 

Noncustodial parents

Noncustodial parents may not increase household size based on a

dependency exemption given to you by the custodial parent.

 

Form 40 ES

 

File Form 40ES to pay non-resident/part year resident

Oregon income tax liability not prepaid through

withholding.

 

File Form 40ES if all of the following apply:

The taxpayer:

1. Does not have at least 90% of his/her annual Oregon

   income tax liability prepaid through withholding

2. Has an annual tax liability that exceeds $1,000

 

Interest:

Underestimating the required amount of tax or failure to file

estimated tax returns and pay the tax within the time allowed

will result in an assessment of interest. The interest rate is

1% per month of the underpayment of tax from the due date to

the date of payment.

 

Form 40 ES

File Form 40ES to pay resident Oregon income tax liability

not prepaid through withholding.

 

File Form 40ES if all of the following apply:

The taxpayer:

1. Does not have at least 90% of his/her annual Oregon

   income tax liability prepaid through withholding

2. Has an annual tax liability that exceeds $1,000

 

Interest:

Underestimating the required amount of tax or failure to file

estimated tax returns and pay the tax within the time allowed

will result in an assessment of interest. The interest rate is

1% per month of the underpayment of tax from the due date to

the date of payment.

 

Form 10

File Form 10 to:

1. Claim one of the exceptions to the interest charge

2. Figure amount of interest due

3. Figure amount underpaid

4. Show that no interest is due

 

Form 10 must be filed if any of the exceptions are met.

 

Part I

Claim one of the exceptions to the interest charge

Code 1:  Farmers and commercial fishers - At least 2/3 (66.7) of your 2002

   or 2003 total gross income is from farming or fishing.

Code 2:  Prior year - You meet this exception if all of the following are true;

   (a) Your net income tax for 2002 was -0- or you were not required to file

       a return for 2002.

   (b) You were a full year Oregon resident

   (c) Your tax year was a full 12 months

Code 3:  Retired or disabled with a reasonable cause - You meet this exception

   if you retired at age 62 or older during 2002 or 2003, or you became

   disabled during 2002 or 2003.

Code 4:  Underpayment due to unusual circumstances - No interest is due if your

   underpayment is due to a casualty, disaster, or other unusual circumstance.

   Unemployment does not qualify as an unusual circumstance.

Code 5:  S corporation shareholders - Claim this exception if the

   underpayment was attributable to S corporation income, the income was for

   the first year in which S corporation status was elected, and any of the

   following apply:

      - Non-Resident for 2015

      - Full year resident for 2015 and part year resident for 2013

 

Form EF 

To ensure that taxpayer comply with Oregon tax laws,

Form EF must be completed. Practitioners must keep

the original Form EF and the required attachments for

three years and make them available to the department

upon request.

 

Attach the following items to Form EF:

- W-2s, W-2Gs, 1099-Gs, and 1099s

- Oregon Form 10, Underpayment of Estimated Tax

- Copy of other state's return and proof of

  payment if claiming credit for income taxes

  paid to other state.

- A copy of apportionment of refund letter,

  if applicable

 

The taxpayer's signature is required for all returns. If

the electronic return originator (ERO) changes the electronic

return after Form EF has been signed by the taxpayer but

before it is transmitted, the taxpayer must complete and sign

a corrected Form EF if:

- The Oregon taxable income differs from the amount

  on the electronic return by more than $50, or

- The net income tax, the net refund, or the amount

  owed differs from the amount on the electronic

  return by more than $14