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Instructions for Amended Schedule

O R E G O N

D E PA R T M E N T

For Amending Oregon Individual Income Tax Returns

O F R E V E N U E

Use the amended schedule to calculate your additional

How long will it take to process my amended return?

refund or tax to pay on amended returns. Generally, you

Processing time for amended returns varies. If we receive

will use the same form and instructions you used to com-

your amended return and schedule during our busiest time

plete your original return to complete your amended return.

of the year, Feb ru ary to September, it may take six months

Write “amended” in blue or black ink at the top of your

or longer to pro cess your amended return.

amended Form 40S, Form 40, Form 40N, or Form 40P. Then

use these instructions to complete the amended schedule.

Federal or other state audits

Exceptions:

Did an IRS or another state audit change your Oregon tax-

• Did you originally ﬁ le Form 40S, but are changing to Form

able income? If so, you must attach a copy of the audit report

40? If so, use Form 40 and instructions to complete your

to your amended Oregon return.

amended return.

Net operating loss (NOL)

• Are you changing your residency status (for example,

from full-year resident to part-year resident)? If so, use the

An Oregon NOL is defined the same as a federal NOL.

appropriate form for your corrected residency status.

How ev er, you may have an Oregon NOL without having

a fed er al NOL. Your Oregon NOL is computed under the

Attach the amended schedule to your amended return.

fed er al methods. The only modiﬁ cation is for amounts that

Use Oregon Form 90R to file an amended return for an

Or e gon is prohibited from taxing, such as interest from U.S.

Elderly Rental Assistance (ERA) claim. You should:

Series EE or HH bonds (U.S. government interest).

• Request an ERA booklet for the year you are amending.

Generally an NOL for a full-year resident is the same as the

To order a booklet, see page 3.

federal NOL. Nonresidents are allowed an Oregon NOL if

it is generated from Oregon sources.

• Write “amended” in blue or black ink at the top of Form

90R.

If you are amending for an NOL, be sure to show the year

of the NOL and the NOL calculations.

• Fill out Form 90R using the correct information.

• Attach an explanation of your changes.

Oregon NOL carryover or carryback

Generally, if you carry an NOL back for federal purposes,

How long do I have to ﬁ le for a refund?

you also must carry the Oregon NOL back for Oregon

In most cases, you must ﬁ le for a refund within three years

pur pos es. There is an exception if you were not required

from the due date of your original return, or the date you

to ﬁ le an Or e gon return for all years to which the federal

ﬁ led your original return, whichever is later. If the three-year

NOL de duc tion is applied. If you elect to carry the federal

ﬁ ling period has expired, you still may ﬁ le for a refund if:

NOL for ward, then you must also carry the Oregon NOL

forward.

• You paid tax for the tax year you are amending within the

past two years. Your refund is generally limited to the tax

Special instructions for federal tax liability

you paid in that two-year period.

• You had a net operating loss carryback. Your claim must be

• Did we correct the federal tax subtraction on your original

ﬁ led within three years from the due date of the return for

return? If so, use the corrected amount from our notice.

the tax year when the loss occurred. The due date includes

• Did you pay federal tax or get a federal refund because

extensions.

you were audited or ﬁ led an amended return? If so, see

• The Internal Revenue Service (IRS) or another state

“Federal income tax changes” below.

adjusted your return or assessed tax for failure to ﬁ le a

• Did you claim more than the limit? Refer to the instruc-

return. You must ﬁ le a copy of the audit report, return,

tions in the income tax booklet for the year you received

or assessment and your Oregon amended return and

the refund for the limit amount.

schedule within two years after the federal or other state

correction was made.

Federal income tax changes

When should I ﬁ le and pay if I owe additional tax?

Did you pay additional federal tax because you were

audited or ﬁ led an amended return? If so, claim the addi-

File your amended return and schedule and pay any tax and

tional federal tax as a subtraction on your Oregon return in

interest due as soon as you know that a change needs to be

the year you paid the additional tax.

made. Interest is ﬁ gured from the day after the due date of

Example: You paid additional federal tax in 2006 for an audit

the original return up to the date the tax is paid. There also

adjustment on your 2005 income tax return. Amend your

may be a penalty.

150-101-061 (12-05) Web

Instructions For Amended Schedule - For Amending Oregon Individual Income Tax Returns - 2005

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