Instructions For Form 20-I - Oregon Corporation Income Tax

• Assembling and submitting your return. Submit

Filing checklist

your Oregon return forms in the following order:

1. Form 20-I, Corporation Income Tax, 150-102-021;

• Due date of your return. Returns are due by the 15th

2. Schedule AP, Apportionment of Income for Corporations

day of the month following the due date of your fed-

and Partnerships, 150-102-171;

eral corporation return. When the 15th falls on a Sat-

3. Schedule AF, Schedule of Affiliates (found with Form

urday, Sunday, or legal holiday, the due date is the next

20-I);

business day.

4. Schedule ASC-CORP, Oregon Adjustments, 150-102-033;

5. Form 37, Underpayment of Corporation Estimated Tax,

• Extensions. See the instructions for the extension

150-102-037;

checkbox below. Include your extension as the final

6. Form 24, Like-Kind Exchanges/Involuntary Conversions,

page of your return when you file.

150-800-734;

7. Other Oregon statements;

• Business identification number (BIN). Oregon identi-

8. Oregon credit forms including notice of credit trans-

fies each corporation using a BIN we assign. You have a

fers and certifications;

BIN if you’ve made payments to the state of Oregon for

9. Copy of federal tax return and schedules;

payroll taxes; workers’ compensation; unemployment;

10. Form 7004, Federal extension.

or estimated tax for corporation excise or income tax.

Tax-due returns, mail to:

If you don’t have a BIN, one will be assigned when

Oregon Department of Revenue

your return is received.

PO Box 14790

• Estimated payments and prepayments. Please identify

Salem OR 97309-0470

all estimated payments claimed by completing Sched-

Refunds or No tax-due returns, mail to:

ule ES on your return. List all payments that were sub-

Oregon Department of Revenue

mitted prior to filing your return. Include the corpora-

PO Box 14777

Salem OR 97309-0960

tion name and Federal employer identification number

(FEIN) if a payment was made by an affiliate of the

Form instructions

filing corporation.

• Online payments. You may pay directly online for any

Heading and Checkboxes

return at

• Name. Generally, a consolidated Oregon return is filed

• Making electronic payments with your e-filed

in the name of the common parent corporation. If the

parent corporation isn’t doing business in Oregon, file

return. We accept electronic payments when e-filing

the return in the name of the member of the group

your original return.

having the greatest presence in Oregon. “Having the

• Making check or money order payments with your

greatest presence” means the member that has the

largest Oregon property value as determined under

paper return. Make your check or money order pay-

ORS 314.655 (see Schedule AP).

able to Oregon Department of Revenue. Write the fol-

On the first line, enter the corporation’s true name (as

lowing on your check or money order:

set forth in the charter or legal document creating it).

– FEIN

If the corporation is doing business under a different

– Oregon BIN

name [for example, a “doing business as (DBA)” name],

enter that name on the second line.

– Tax year 2014

– Daytime telephone number

Enter the FEIN and BIN of the corporation named as

the filer on the consolidated Oregon return.

To speed processing:

• Extension checkbox. For an Oregon extension when

– Don’t use Form 20-V payment voucher

you’re also filing for a federal extension: Send the

– Don’t staple payment to return

federal extension with the Oregon return when you

– Don’t send cash or postdated checks

file. Check the “Extension” checkbox on your Oregon

– Don’t use red or purple or any gel ink

return and include the extension after all other attach-

ments. The Oregon extension due date is the 15th day

• Sending check or money order payments separate

of the month following the federal extension’s due

from filing your return. Follow the instructions above

date. Don’t send the extension until you file your Ore-

except DO use a Form 20-V payment voucher.

gon return.

150-102-021-1 (Rev. 10-14)

Form 20-I Instructions

Instructions For Form 20-I - Oregon Corporation Income Tax - 2014 Page 7

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