Form 150-101-062 - Oregon Amended Schedule For Amending Individual Income Tax Returns - Oregon Department Of Revenue Page 3
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6Instructions for Oregon Amended Schedule
For Amending Oregon Individual Income Tax Returns
Note: Have you received a notice from us because
I need to amend my Form 90R, Elderly Rental
we made adjustments to your return? If so and you
Assistance (ERA). Do I use this schedule?
object to the adjustments, do not respond by filing
No. Do not use this schedule to amend Form 90R. To file an
an amended return. You must follow the appeal
amended ERA claim, use Oregon Form 90R. You should:
process explained on the notice. File an amended
• Request an ERA booklet for the year you are amending.
return only if the changes you are making are
To order a booklet, go to our website or contact us.
unrelated to the adjustments on our notice.
• Write “amended” in blue or black ink at the top of Form
How do I amend my Oregon return?
90R.
• Fill out Form 90R using the correct information.
You will need the following items:
• Attach an explanation of your changes.
• The tax form and instruction booklet for the year that you
are amending. This will usually be the same form type as
How long do I have to file for a refund?
your original return, unless:
— You filed Form 40S, but can no longer use that form.
In most cases, you must file for a refund within three years
Use Form 40 instead; or
from the due date of your original return, or the date you
— You filed the incorrect form for your residency status.
filed your original return, whichever is later. If the three-year
Use the correct form type to amend.
filing period has expired, you may still file for a refund if:
• The Oregon Amended Schedule and these instructions.
• You paid tax within the past two years for the tax year
— Attach the Oregon Amended Schedule to your amended
(corrected) return.
you are amending. Your refund is generally limited to the
• A copy of the Oregon tax return that you originally filed
tax you paid in that two-year period.
for the year being amended.
• You had a net operating loss carryback. Your claim must
• A copy of any previous amended returns you filed.
be filed within three years from the due date of the return
• A copy of all notices from us, another state, or the Internal
for the tax year the loss occurred. The due date includes
Revenue Service (IRS) for the tax year being amended.
extensions.
— If we corrected your return on a notice, use the figures
• The IRS or another state adjusted your return or assessed
from that notice when amending your return.
tax for failure to file a return. You must file a copy of the
Follow these steps to amend your return:
audit report, return, or assessment and your Oregon
amended return and schedule within two years after the
1. Read through these instructions before filling out your
federal or other state correction was made.
form.
2. Check the amended box at the top of your amended
How long will it take to process my amended return?
Form 40S, 40, 40N, or 40P using blue or black ink. For tax
years 2004 and earlier write “amended” at the top of your
Processing time for amended returns varies. It may take
amended return.
six months or longer to process your amended return.
3. If we sent you a notice adjusting your return, use those
figures when making your other unrelated adjustments.
When should I file and pay if I owe additional tax?
4. Do not include any amounts received as a surplus or
kicker refund. We will recompute the correct amount and
File your amended return and schedule as soon as you
adjust your return.
know that a change needs to be made. Interest is figured
5. Fill out your entire income tax form (Form 40S, 40, 40N,
from the day after the due date of the original return up to
or 40P) using the correct information.
the date the tax is paid. Pay any tax and interest due as soon
6. Do not re-enter any refund that you already asked us to
as possible to avoid additional interest. There may also be
apply to your next year’s estimated tax.
a penalty.
7. Remember that charitable checkoffs, political party dona-
tions, and Oregon 529 college savings plan deposits can-
I was audited by the IRS (or another state). Do I
not be used on amended returns.
need to amend my Oregon return?
8. After completing your amended (corrected) return, com-
plete the amended schedule. The amended schedule
Yes, if an IRS or other state audit changed your Oregon
will figure your additional refund or tax to pay on your
taxable income. If these adjustments did not change your
amended return.
Oregon taxable income, there is no need to amend. If you
9. Attach your amended schedule to your amended return.
amend, attach a copy of the audit report to your amended
See “Finishing the amended return and schedule” at the
end of these instructions.
Oregon return.
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150-101-061 (Rev. 12-12)
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