2017 Form Or 40 PDF Details

In 2020, the Oregon Department of Revenue released the Form OR-40, designed specifically for full-year residents needing to file their state income tax returns. This essential document, spread over four detailed pages, outlines various critical sections including taxpayer information, income details, deductions, tax calculations, and refundable credits among others. It meticulously guides filers through the process of accurately reporting income, claiming deductions, and calculating the tax due or refund owed by the state. The form is adaptable, catering to a variety of situations such as amended returns due to net operating losses, short-year tax elections, federal disaster relief claims, and more. Notably, it includes provisions for direct deposit refunds, charitable donations straight from one's refund, and the unique Oregon kicker credit option. The inclusion of sections for estimated tax payments and penalties for late filings ensures transparency and accountability in the tax filing process. By mandating the submission of the original form while discouraging photocopies, Oregon underscores the importance of maintaining the integrity of personal and financial information throughout the tax filing procedure.

QuestionAnswer
Form Name2017 Form Or 40
Form Length8 pages
Fillable?No
Fillable fields0
Avg. time to fill out2 min
Other namesoregon tax forms 2020, 2020 or 40 form, oregon tax form, oregon income tax

Form Preview Example

2020 Form OR-40

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Office use only

Page 1 of 4, 150-101-040

 

 

 

 

 

Oregon Department of Revenue

00462001010000

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(Rev. 11-05-20 ver. 01)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Oregon Individual Income Tax Return for Full-year Residents

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Submit original form—do not submit photocopy

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Fiscal year ending:

 

/

/

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Space for 2-D barcode—do not write in box below

 

 

Amended return. If amending for an NOL,

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

tax year the NOL was generated:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Calculated using “as if” federal return.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Short-year tax election.

 

 

Federal disaster relief.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Extension filed.

 

 

 

 

 

Federal Form 8886.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Form OR-24.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

First name

 

Initial

 

Last name

 

 

 

 

 

 

 

 

 

 

 

 

Social Security no. (SSN)

First time using

 

Applied

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Deceased

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

this SSN (see

 

for ITIN

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

instructions)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Spouse’s first name

 

Initial

 

Spouse’s last name

 

 

 

 

 

 

 

 

 

 

 

 

Spouse’s SSN

First time using

Applied

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Deceased

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

this SSN (see

 

for ITIN

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

instructions)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Current mailing address

Date of birth (mm/dd/yyyy)

/ /

Spouse’s date of birth

/ /

City

State

ZIP code

Country

Phone

( ) –

Filing status (check only one box)

1.

 

Single.

2.

 

Married filing jointly.

 

3.

 

Married filing separately (enter spouse’s information above).

 

4.

 

Head of household (with qualifying dependent).

 

5.

 

Qualifying widow(er) with dependent child.

 

Exemptions

 

 

 

 

Total

6a.Credits for yourself:

 

Regular

 

Severely disabled .... 6a.

 

Check box if someone else can claim you as a dependent.

6b.Credits for spouse:

 

Regular

 

Severely disabled .... 6b.

Check box if someone else can claim your spouse as a dependent.

Dependents. List your dependents in order from youngest to oldest. If more than four, check this box with your return.

and include Schedule OR-ADD-DEP

 

 

 

 

Dependent’s date

Check if child with

First name

Last name

Code*

Dependent’s SSN

of birth (mm/dd/yyyy)

qualifying disability

/

/

/

/

/

/

/

/

*Dependent relationship code (see instructions).

6c.

Total number of dependents

6c.

6d. Total number of dependent children with a qualifying disability (see instructions)

6d.

6e.

Total exemptions. Add 6a through 6d

Total. 6e.

2020 Form OR-40

Page 2 of 4, 150-101-040

Oregon Department of Revenue

00462001020000

 

(Rev. 11-05-20 ver. 01)

 

 

Name

SSN

 

– –

Note: Reprint page 1 if you make changes to this page.

Taxable income

7.Federal adjusted gross income from federal Form 1040, 1040-SR, and 1040-NR, line 11;

 

or 1040-X, line 1C (see instructions)

7.

8.

Total additions from Schedule OR-ASC, section 1

8.

9.

Income after additions. Add lines 7 and 8

9.

Subtractions

10.

2020 federal tax liability. See instructions for the correct amount: $0-$6,950

10.

11.

Social Security included on federal Form 1040 or 1040-SR, line 6b

11.

12.

Oregon income tax refund included in federal income

12.

13.

Total subtractions from Schedule OR-ASC, section 2

13.

14.

Total subtractions. Add lines 10 through 13

14.

15.

Income after subtractions. Line 9 minus line 14

15.

Deductions

16.Oregon itemized deductions. Enter your Oregon itemized deductions from Schedule OR-A, line 23. If you

 

are not itemizing your deductions, enter 0

 

 

 

 

 

16.

 

 

17.

Standard deduction. Enter your standard deduction (see instructions)

 

 

17.

 

 

 

You were: 17a.

 

65 or older 17b.

 

Blind

Your spouse was: 17c.

 

65 or older 17d.

 

 

Blind

 

 

 

 

 

 

18.

Enter the larger of line 16 or 17

 

 

 

 

 

18.

 

 

 

 

 

 

 

 

 

19.

Oregon taxable income. Line 15 minus line 18. If line 18 is more than line 15, enter 0

 

 

19.

 

 

Oregon tax

20.

Tax. Check the appropriate box if you’re using an alternative method to calculate your tax (see instructions)

20.

 

20a.

 

Schedule OR-FIA-40

20b.

 

Worksheet FCG

20c.

 

Schedule OR-PTE-FY

 

 

 

 

 

 

21.

Interest on certain installment sales

.........................................................................................................................

 

 

 

 

 

21.

22.

Total tax before credits. Add lines 20 and 21

 

 

 

22.

Standard and carryforward credits

23.Exemption credit. If the amount on line 7 is $100,000 or less, multiply your total exemptions on

 

line 6e by $210. Otherwise, see instructions

23.

24.

Political contribution credit. See limits in instructions

24.

25.

Total standard credits from Schedule OR-ASC, section 3

25.

26.

Total standard credits. Add lines 23 through 25

26.

27.

Tax minus standard credits. Line 22 minus line 26. If line 26 is more than line 22, enter 0

27.

28.Total carryforward credits claimed this year from Schedule OR-ASC, section 4. Line 28 can’t be more

than line 27 (see Schedule OR-ASC instructions)

28.

29. Tax after standard and carryforward credits. Line 27 minus line 28

29.

.00

.00

.00

.00

.00

.00

.00

.00

.00

.00

.00

.00

.00

.00

.00

.00

.00

.00

.00

.00

.00

.00

.00

2020 Form OR-40

Page 3 of 4, 150-101-040

Oregon Department of Revenue

00462001030000

 

(Rev. 11-05-20 ver. 01)

Name

SSN

– –

Note: Reprint page 1 if you make changes to this page.

Payments and refundable credits

30.

Oregon income tax withheld. Include a copy of your Forms W-2 and 1099

30.

.00

31.

Amount applied from your prior year’s tax refund

31.

.00

32.Estimated tax payments for 2020. Include all payments you made prior to the filing date of this return.

 

Do not include the amount you already reported on line 31

32.

.00

33.

Earned income credit (see instructions)

33.

.00

34.

 

 

 

Kick (Oregon surplus credit). Enter your kicker credit amount (see instructions).

 

 

 

Reserved

 

.00

 

If you elect to donate your kicker to the State School Fund, enter 0 and see line 51

34.

35.

Total refundable credits from Schedule OR-ASC, section 5

35.

.00

36.

Total payments and refundable credits. Add lines 30 through 35

36.

.00

 

 

 

 

Tax to pay or refund

37.

Overpayment of tax. If line 29 is less than line 36, you overpaid. Line 36 minus line 29

37.

38.

Net tax. If line 29 is more than line 36, you have tax to pay. Line 29 minus line 36

38.

39.

Penalty and interest for filing or paying late (see instructions)

 

 

39.

40.

Interest on underpayment of estimated tax. Include Form OR-10

 

 

40.

 

 

 

 

 

 

 

 

 

 

 

Exception number from Form OR-10, line 1:

40a

 

 

Check box if you annualized:

40b.

 

 

41.

Total penalty and interest due. Add lines 39 and 40

 

 

41.

42.

Net tax including penalty and interest. Line 38 plus line 41

 

This is the amount you owe. 42.

43.

Overpayment less penalty and interest. Line 37 minus line 41

 

This is your refund. 43.

44.

Estimated tax. Fill in the portion of line 43 you want applied to your open estimated tax account

44.

45.

Charitable checkoff donations from Schedule OR-DONATE, line 30

.......................................................................

 

 

45.

46.

Political party $3 checkoff. Party code: 46a.

 

You.

46b.

 

Spouse

46.

 

 

47.

Oregon 529 college savings plan deposits from Schedule OR-529 (see instructions)

47.

48.

Total. Add lines 44 through 47. Total can’t be more than your refund on line 43

48.

49.

Net refund. Line 43 minus line 48

 

 

 

 

 

This is your net refund. 49.

Direct deposit

50.For direct deposit of your refund, see instructions. Check the box if the final deposit destination is outside the United States:

Type of account:

 

Checking or

 

Savings

Routing number:

Account number:

KickerReservedonation

51.Kicker donation. If you elect to donate your kicker to the State School Fund, check this box: 51a. Complete the kicker worksheet, located in the instructions, and enter the amount here.

This election is irrevocable

51b.

.00

.00

.00

.00

.00

.00

.00

.00

.00

.00

.00

.00

.00

.00

2020 Form OR-40

Page 4 of 4, 150-101-040

Oregon Department of Revenue

00462001040000

 

(Rev. 11-05-20 ver. 01)

Name

SSN

– –

Note: Reprint page 1 if you make changes to this page.

Sign here. Under penalty of false swearing, I declare that the information in this return is true, correct, and complete.

Your signature

Date

X

 

/

/

 

 

 

 

Spouse’s signature (if filing jointly, both must sign)

Date

 

 

 

 

 

 

X

 

/

/

 

 

 

 

Signature of preparer other than taxpayer

Preparer phone

 

Preparer license number, if professionally prepared

X

(

)

 

 

 

Preparer address

City

 

 

 

 

State

ZIP code

 

 

 

 

 

 

 

 

Signing this return does not grant your preparer the right to represent you or make decisions on your behalf. For more information, see the instructions for the Tax Information Authorization and Power of Attorney for Representation form on our website.

Important: Include a copy of your federal Form 1040, 1040-SR, 1040-X, 1040-NR, or 1040-NR-EZ. Without this information, we may adjust your

return.

Make your payment (if you have an amount due on line 42)

Online payments: Visit our website at www.oregon.gov/dor.

Mailing your payment: Make your check or money order payable to the Oregon Department of Revenue. Write “2020 Oregon Form OR-40” and the last four digits of your SSN or ITIN on your check or money order. Include your payment with this return. Don’t use the Form OR-40-V payment voucher if you’re mailing your payment with your return.

Send in your return

Non-2-D barcode. If the 2-D barcode area on the front of this return is blank:

Mail tax-due returns to: Oregon Department of Revenue, PO Box 14555, Salem OR 97309-0940.

Mail refund and no-tax-due returns to: Oregon Department of Revenue, PO Box 14700, Salem OR 97309-0930.

2-D barcode. If the 2-D barcode area on the front of this return is filled in:

Mail tax-due returns to: Oregon Department of Revenue, PO Box 14720, Salem OR 97309-0463.

Mail refund and no-tax-due returns to: Oregon Department of Revenue, PO Box 14710, Salem OR 97309-0460.

Amended statement. Complete this section only if you’re amending your 2020 return or filing with a new SSN.

If filing an amended return, use this space to explain what you’re changing. Include the return line numbers and the reason for each change. If your filing status has changed, explain why. Include all supporting forms and schedules when you file your amended return, even if you haven’t changed anything on them.

If filing with a new SSN, enter your former identification number.

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It's an easy task to complete the form adhering to our helpful tutorial! This is what you have to do:

1. To start with, while filling in the 2020 oregon form, begin with the area that includes the next blank fields:

Writing part 1 in form or 40

2. Once this array of fields is completed, it is time to add the necessary specifics in Spouses last name, Spouses Social Security number SSN, Current address, City, Country, First time using this SSN see, Applied for ITIN, Deceased, State, ZIP code, Phone, Filing Status check only one box, Single, Married filing jointly, and Head of household with qualifying so that you can progress further.

Step # 2 for filling out form or 40

3. In this stage, examine Last name, Social Security number SSN, Note Reprint page if you make, Exemptions, a Credits for yourself a, Check boxes that apply, Regular, Severely disabled, Someone else can claim you as a, b Credits for your spouse b, Check boxes that apply, Regular, Severely disabled, Someone else can claim you as a, and Dependents List your dependents in. Each of these will have to be filled in with utmost accuracy.

Filling out section 3 of form or 40

4. This particular subsection arrives with all of the following fields to enter your information in: Dependent First name, Initial, Dependent Last name, Dependent Date of birth MMDDYYYY, Dependent Social Security number, Code , Dependent relationship code see, Dependent Check if child, has a qualifying disability, Dependent Check if child, has a qualifying disability, c Total number of dependents c, d Total number of dependent, e Total exemptions Add a through d, and Rev ver .

Filling out section 4 in form or 40

5. And finally, this last portion is what you'll want to wrap up prior to submitting the form. The fields in this case are the next: Last name, Social Security number SSN, Note Reprint page if you make, Taxable income Federal adjusted, NR line or X line C see, Total additions from Schedule, Income after additions Add lines , Subtractions, federal tax liability see, Social Security amount on federal, Oregon income tax refund included, and Total subtractions from Schedule.

Find out how to prepare form or 40 stage 5

As for Social Security amount on federal and Total additions from Schedule, be sure that you take a second look in this current part. Those two are certainly the key fields in this page.

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