Instructions For Form 20-I - Oregon Corporation Income Tax - 2014

ADVERTISEMENT

Oregon 2014 Corporation Income Tax
Form 20-I Instructions
Table of Contents
What’s new?
Publicly traded partnerships ..............................................6
Real Estate Mortgage Investment Conduits (REMICs) ...6
General...................................................................................2
Filing checklist
Additions and subtractions ................................................2
Credits ....................................................................................2
Due date of return, Extensions ......................................7
Estimated tax payments
Business identification number (BIN) ..........................7
Estimated payments and prepayments .......................7
Requirements, Payment due dates, Payment options .....3
Payments with your return ............................................7
Worksheet to calculate Oregon estimated tax .................3
Assembling and submitting returns ............................7
Filing information
Form instructions
Who must file with Oregon? ..............................................4
Heading and Checkboxes ...................................................7
Excise or income tax? ...........................................................4
Questions ...............................................................................8
What form do I use? .............................................................4
Line instructions
Filing requirements .............................................................4
Consolidated returns ......................................................4
Additions ...............................................................................9
Unitary business, Separate returns ..............................5
Subtractions ........................................................................ 11
E-file .......................................................................................5
Tax ........................................................................................13
Federal audit changes ..........................................................5
Credits ..................................................................................13
Amended returns and protective claims .........................5
LIFO benefit recapture ......................................................13
Special filing requirements
Net income tax ....................................................................13
Payments, penalty, interest, and UND ............................ 14
Agricultural or horticultural cooperatives .......................6
Schedule ES—Estimated tax payments
Exempt organizations ..........................................................6
or other prepayments.................................................... 14
Homeowners associations ..................................................6
Total due or refund ............................................................15
IC-DISCs ...............................................................................6
Interstate broadcasters .........................................................6
Schedule AF instructions ..................................................15
Limited liability companies (LLCs) ...................................6
Appendix A, 2014 Schedule ASC-CORP code list ......... 16
Political organizations .........................................................6
Appendix B, 2014 tax rates ................................................18
Information contained herein is a guide. For complete details of law, refer to
Oregon Revised Statutes (ORS) and Oregon Administrative Rules (OAR).
Important
If your registered corporation or insurance company isn’t doing business in Oregon and has no Oregon-source income,
then you don’t need to file a corporation tax return.
Go Electronic!
Fast • Accurate • Secure
File corporate tax returns through the Federal/State E-Filing Program. If you’re mandated to e-file your federal return,
you’re required to e-file for Oregon.
With approved third party software you can e-file your return complete with all schedules, attachments, and required
federal return. You can also conveniently include an electronic payment with your e-filed original return. See “E-file”.
Visit us online:
• Registration and account status.
• Online payments.
• Forms, instructions and law.
• Announcements and common questions.
1
150-102-021-1 (Rev. 10-14)
Form 20-I Instructions

ADVERTISEMENT

00 votes

Related Articles

Related forms

Related Categories

Parent category: Financial