Forms 40, 40s, And Instructions; Schedule Wfc And Instructions - 2006 Page 26

ADVERTISEMENT

Special instructions. Do you owe interest on line 51
Signature block
and have an overpayment on line 48? If the interest
you owe is more than your overpayment, you have an
Signature(s). Be sure to sign and date your return. If
amount due. Subtract line 48 from line 51 and enter the
you’re filing a joint return, both spouses must sign.
result on line 53.
Minor child’s return. If your child must file a tax return,
Charitable donations. If you don’t have a refund
you may sign the child’s name as his or her legal agent.
but want to contribute to a charity listed on page 12,
Sign the child’s name and then write “By [your signa-
mail your donation to the charity’s address listed on
ture], parent (or other legal guardian) of minor child.”
our website. Please do not mail your donation to the
Preparer signature. Any person who prepares, advis-
Department of Revenue.
es, or assists in preparing personal income tax returns
To finish your return, go to the signature block section
for another person in exchange for payment, gifts, or
on this page.
other compensation must be licensed and must sign
the return. Contact the following agencies for more
Refund. You must have a refund on line 54 to
54
information on licensing, or to check the status of your
use lines 55–64.
Oregon tax practitioner:
Estimated tax. If you have a refund, you may
55
• State Board of Tax Practitioners in Salem, 503-378-
apply part or all of it to your 2007 Oregon esti-
4034 for licensed tax consultants and licensed tax
mated income tax. Fill in the amount you want to apply.
preparers.
Do not fill in more than the amount on line 54.
• State Board of Accountancy in Salem, 503-378-4181 for
public accountants and certified public accountants.
Charitable checkoffs
License number. Tax consultants, enter your license
You can donate all or part of your refund to the chari-
number. Certified public accountants, enter your cer-
ties listed on page 12. Donations will reduce your
tificate number. Tax-Aide volunteers, enter your TCE
refund. You can donate to any or all of the charities on
site number.
Form 40, lines 56–61. You can also donate to one char-
ity on Form 40, line 62, see page 12. Or, you can mail
Before you file
your donations to the addresses listed on our website.
Should I put my return together in a certain order?
For a description of the charities, go to page 12.
Yes. To speed processing, put your Oregon return
Net refund. You must reduce your refund by
64
together as follows:
any amounts applied to 2007 estimated tax (line
55) and donations on lines 56–62. By law, we cannot
1. Start with Form 40 or Form 40S.
issue a refund if you file your return more than three
2. Staple Form(s) W-2 and any Form(s) 1099 showing
years after the return’s due date.
Oregon tax withheld to the lower front of your Form
40 or Form 40S.
Direct deposit
3. Staple your check or money order and completed
Form 40-V payment voucher (page 11) on top of
Direct deposit. Follow these instruc-
Form(s) W-2 and/or 1099. If you’re paying by credit
65
Form 40
tions if you want us to deposit your
card, do not use Form 40-V.
35
Form 40S
refund directly into your bank account
4. If amending, attach your Oregon Amended Schedule.
instead of mailing you a check:
5. Place a copy (front and back) of your federal Form
1040, 1040A, 1040EZ, 1040NR, or 1040NR-EZ behind
1. Contact your bank to make sure your deposit will
your Form 40. Form 40S filers do not need to attach
be accepted and to get your routing and account
this item unless the IRS is figuring your federal tax.
numbers.
6. If applicable, place these items in the following order
2. Check the appropriate box, either checking or sav-
behind the federal form:
ings, but not both.
• Schedule WFC, Oregon Working Family Child Care
3. Enter your nine-digit routing number. The routing
Credit. See page 37.
number must begin with 01 through 12, 21 through
• Form 10, Underpayment of Oregon Estimated Tax.
32, or 61 through 72.
• Proof required to claim credit for income taxes
4. Enter the number of the account into which you
paid to another state. See page 31.
want your refund deposited. The account number
• Form 24, Oregon Like-Kind Exchanges/Involuntary
can be up to 17 characters (both numbers and let-
Conversions.
ters). Include hyphens, but do not include spaces or
special symbols. Enter the number left to right and
• Form FIA-40, Oregon Farm Income Averaging for
leave any unused boxes blank.
Full-Year Residents.
34
Form 40 line instructions
Have questions? Need forms? See page 40.

ADVERTISEMENT

00 votes

Related Articles

Related forms

Related Categories

Parent category: Financial