Forms 40, 40s, And Instructions; Schedule Wfc And Instructions - 2006 Page 24
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31the spouses’ returns can’t be more than the credit
— Adoption expenses carryforward [code 700].
they would have been allowed on a joint return.
— Advanced telecommunications facilities [code 701].
— Bone marrow donation program [code 702].
Any federal benefit due to a federal deduction for the
— Business energy [code 703].
premiums must be reported as an Oregon addition.
— Business tax credits from flow-through entity
See page 24.
[code 736].
Employers paying for long-term care insurance for
— Child Care Fund contributions [code 705].
employees may also claim this credit.
— Claim of right income repayments [code 706].
Download the publication Long-Term Care Insurance
— Crop donation [code 708].
Premiums Tax Credit from our website or contact us.
— Diesel engine replacement [code 734].
— Electronic commerce zone investment [code 710].
• Loss of use of limbs [code 717]. If you have a perma-
— Employer-provided dependent care assistance
nent and complete loss of the use of two limbs, you
[code 707].
can take a $50 tax credit. Your spouse can also claim
— Employer scholarship [code 711].
a $50 credit if he or she qualifies. You can’t claim this
— Farmworker housing [code 712].
credit for a dependent.
— First Break Program [code 713].
Get a disability certification form from your county
— Fish screening devices [code 714].
public health officer the first year you file for the
— IDA withdrawal for home purchase [code 738].
credit. The health officer must sign the form. Keep
— Involuntary move of a mobile home from Sched-
the form with your permanent records. Do not attach
ule MH—non-refundable [code 741].
it to your return.
— Low-income caregiver credit [code 718].
You also qualify for an additional exemption for
— Mutually taxed gain on the sale of residential
severely disabled persons. See page 7.
property [code 720].
— On-farm processing machinery and equipment
• Oregon Cultural Trust [code 722]. If you donate to an
[code 721].
Oregon nonprofit cultural organization during the
— Oregon production investment fund [code 737].
tax year and you donate a matching amount to the
Oregon Cultural Trust, you can claim a tax credit.
— Pollution control facilities [code 724].
— Reforestation of underproductive forestlands [code
You can claim a tax credit of up to $500 per taxpayer
727].
($1,000 on a joint return) for the amount you
— Reservation enterprise zone [code 728].
contributed to the Oregon Cultural Trust. Enter the
— Riparian land [code 735].
amount you contributed to the trust on line 39. Any
— Rural medical practitioners [code 731].
federal benefit due to a federal deduction must be
— University venture fund [code 739].
reported as an Oregon addition. For more information,
— Water transit vessel [code 740].
please contact us. For more information about the
Oregon Cultural Trust, go to
Tax payments and refundable credits
• Residential energy [code 729]. To qualify, you must
purchase an energy efficient appliance or vehicle or
Oregon income tax withheld. Fill in the total
42
install a solar device or ground loop system. Renters
Oregon tax withheld from your wages and other
may qualify for this credit. For more information, go to
income shown on your Form(s) W-2, box 17 or on your
the Oregon Department of Energy’s website at www.
Form(s) 1099. Don’t use the FICA (Social Security) tax
oregon.gov/ENERGY, or call 503-378-4040 (Salem); or
withheld. Don’t use tax withheld from your wages by
1-800-221-8035 (toll-free from an Oregon prefix).
other states. Staple a readable copy of your Form W-
• Rural Emergency Medical Technician (EMT) [code 742].
2 from each job and any Form(s) 1099 showing Oregon
If you provide volunteer EMT services in a rural area
income tax withheld to the lower front of your return.
you may qualify for this $250 tax credit. At least 20
If you don’t have a Form W-2 or 1099, you must provide
percent of your EMT services must be in a rural area.
other proof of your Oregon tax withheld, such as a copy
Go to the Office of Rural Health website at
of a final paycheck stub or a letter from your employer.
edu/oregonruralhealth for more information. If you
qualify you will receive a confirmation of eligibility.
If you have tax to pay this year, you may want to
You must get confirmation of eligibility from the Office
increase the amount your employer withholds from
of Rural Health each year. Keep this confirmation with
your 2007 wages for Oregon. Download the publica-
your tax records. Do not attach it to your return.
tion Oregon Income Tax Withholding from our website or
contact us to order it.
• The following credits apply to only a few people and
are not explained in this booklet. For more informa-
Estimated tax payments for 2006. Fill in the
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total estimated tax payments you made before
tion, go to our website or contact us.
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Form 40 line instructions
Have questions? Need forms? See page 40.
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