Fill - Free fillable Oregon Amended Schedule (Oregon) PDF form

150-101-062 (Rev. 01-16)

Amended, page 1 of 2

101 Net income tax as amended ....................................................................................................................................

•

101

102 Oregon income tax withheld as amended ...................................................................

•

102

103 Refundable tax credits as amended (see instructions on page 2–3)

Earned income credit as amended

(tax years 2006 and later only)

...................................

103a

Working family child care credit as amended

.................

103b

Mobile home park closure credit (tax year 2007 or

later) or involuntary move of a mobile home credit

(tax year 2006 only) as amended

................................

103c

Total refundable tax credits as amended (add lines 103a, 103b, and 103c) ...............

•

103

104 Estimated tax payments ...............................................................................................

•

104

105

Amount of net income tax paid with original return and later (do not include

penalty or interest)

....................................................................................................

•

105

106 Total payments (add lines 102–105) .........................................................................................................................

•

10 6

107 Income tax refunds received from original return and later (do not include interest or kicker; see instructions) ......

•

107

108 Net payments (line 106 minus line 107) ....................................................................................................................

•

108

109 Overpayment. If line 108 is more than line 101, you over paid (line 108 minus line 101) ......................................

•

109

110 Amount on line 109 you want applied to your estimated tax ..................................................................................

•

110

111 Refund (line 109 minus line 110) ..............................................................................................................................

•

111

112 Additional tax to pay. If line 101 is more than line 108, you have tax to pay (line 101 minus line 108) ................

•

112

113 Interest on additional tax to pay (see instructions on page 4).....................................................................................113

114 Amount you owe. Pay in full with this return (add lines 112 and 113) ........................................................................ 114

Oregon Amended Schedule

For Amending Individual Income Tax Returns

for Tax Years 2014 and Prior Only

Tax Year

Amended returns may take six months or longer to process.

Check if amending to change from married/RDP filing separate to married/RDP filing joint.

Last name

Spouse’s/RDP’s last name, if different and joint return

First name and initial

Spouse’s/RDP’s first name and initial, if joint return

Social Security number (SSN)

Spouse’s/RDP’s SSN if joint return

Please read instructions

Explanation of adjustments made—Include line number(s) and show the computations in detail. Additional space is available on the back

if needed. Attach schedules, if applicable. If you are amending for an NOL, attach a copy of your NOL

computation and a copy of the tax return for the year the NOL occurred.

Round to the nearest dollar

.00

—Include this schedule with your Oregon amended return—

Check if amending due to a net operating loss (NOL).

•

Reminder: If you object to an adjustment we made to your return, do not respond by filing an amended return.

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150-101-062 (Rev. 01-16)

Amended, page 2 of 2

Explanation of adjustments made (continued)—Include line number(s) and show the computations in detail. Include schedules, if applicable.

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150-101-061 (Rev. 01-16)

Instructions for Oregon Amended Schedule

For Amending Oregon Individual Income Tax Returns

for Tax Years 2014 and Prior Only

Note: Have you received a notice from us

because we made adjustments to your return?

If so and you object to the adjustments, do

not respond by filing an amended return. You

must follow the appeal process explained on

the notice. File an amended return only if the

changes you are making are unrelated to the

adjustments on our notice.

Attention: The Oregon Amended Schedule can only be used

if you’re amending a return for tax years 2014 or prior. If

you need to amend a return for tax years 2015 or later, do

not use these instructions. Refer to the instructions for

the tax return you’re amending.

How do I amend my Oregon return?

You will need the following items:

• The tax form and instruction booklet for the year that

you are amending. This will usually be the same form

type as your original return, unless:

— You filed Form 40S, but can no longer use that form.

Use Form 40 instead; or

— You filed the incorrect form for your residency sta-

tus. Use the correct form type to amend.

• The Oregon Amended Schedule and these instructions.

— Include the Oregon Amended Schedule with your

amended (corrected) return.

• A copy of the Oregon tax return that you originally

filed for the year being amended.

• A copy of any previous amended returns you filed for

the year being amended.

• A copy of all notices from us, another state, or the

Internal Revenue Service (IRS) for the tax year being

amended.

— If we corrected your return on a notice, use the fig-

ures from that notice when amending your return.

Follow these steps to amend your return:

1. Read through these instructions before filling out your

form.

2. Check the amended box at the top of your amended

Form 40S, 40, 40N, or 40P using blue or black ink.

3. If we sent you a notice adjusting your return, use

those figures when making your other unrelated

adjustments.

4. Do not include any amounts received as a surplus or

kicker refund. We will recompute the correct amount

and adjust your return.

5. Fill out your entire income tax form (Form 40S, 40,

40N, or 40P) using the correct information.

6. Do not re-enter any refund that you already asked us

to apply to your next year’s estimated tax.

7. Remember that charitable checkoffs, political party

donations, and Oregon 529 college savings plan depos-

its cannot be used on amended returns.

8. After completing your amended (corrected) return,

complete the amended schedule. The amended sched-

ule will figure your additional refund or tax to pay on

your amended return.

9. Include your amended return with your amended

schedule. See “Finishing the amended return and

schedule” at the end of these instructions.

I need to amend my Form 90R, Elderly Rental

Assistance (ERA). Do I use this schedule?

No. Do not use this schedule to amend Form 90R. To

file an amended ERA claim, use Oregon Form 90R. You

should:

• Request an ERA booklet for the year you are amend-

ing. To order a booklet, go to our website or contact us.

• Write “amended” in blue or black ink at the top of

Form 90R.

• Fill out Form 90R using the correct information.

• Attach an explanation of your changes.

How long do I have to file for a refund?

In most cases, you must file for a refund within three

years from the due date of your original return, or the

date you filed your original return, whichever is later. If

the three-year filing period has expired, you may still file

for a refund if:

• You paid tax within the past two years for the tax year

you are amending. Your refund is generally limited to

the tax you paid in that two-year period.

• You had a net operating loss carryback. Your claim

must be filed within three years from the due date of

the return for the tax year the loss occurred. The due

date includes extensions.

• The IRS or another state adjusted your return or

assessed tax for failure to file a return. You must file

a copy of the audit report, return, or assessment and

your Oregon amended return and schedule within

two years after the federal or other state correction was

made.

How long will it take to process my amended

return?

Processing time for amended returns varies. It may take

six months or longer to process your amended return.

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150-101-061 (Rev. 01-16)

When should I file and pay if I owe additional

tax?

File your amended return and schedule as soon as you

know that a change needs to be made. Interest is figured

from the day after the due date of the original return up

to the date the tax is paid. Pay any tax and interest due as

soon as possible to avoid additional interest. There may

also be a penalty.

I was audited by the IRS (or another state). Do I

need to amend my Oregon return?

Yes, if the IRS or other state audit will change your Ore-

gon income tax. If these adjustments do not change your

Oregon income tax, there is no need to amend. If you

amend, attach a copy of the audit report to your amended

Oregon return.

How do I file a protective claim for refund?

You can file a protective claim for refund when the out-

come of a court case or legislative action is expected

to be known after the time for requesting a refund has

expired. Use the Personal Income Tax Protective Claim for

Refund form (Form PCR) when your claim to a refund

is contingent on a pending court decision or legislative

action. Notify the department every six months on the

status of the claim.

If the court decision or legislative action changes your

Oregon income tax, file an amended return within 90

days of the determination. Follow the instructions on

page 1 for steps to amend your return and write “Protec-

tive Claim—FINAL” at the top of your amended return.

Attach a copy of Form PCR to the front of your amended

return.

How do I amend for a net operating loss

(NOL)?

Generally, if you carry an NOL back for federal purposes,

you also must carry the Oregon NOL back for Oregon

purposes. There is an exception if you were not required

to file an Oregon return for all years to which the federal

NOL deduction is applied. If you elect to carry forward

the federal NOL, then you must also carry forward the

Oregon NOL.

An Oregon NOL is defined the same as a federal NOL.

However, you may have an Oregon NOL without hav

ing a federal NOL. Your Oregon NOL is computed

under the federal methods. The only modification is

for amounts that Oregon is prohibited from taxing,

such as interest from U.S. Series EE, HH, or I bonds

(U.S. government interest).

Generally, an NOL for a full-year resident is the same as

the federal NOL. Nonresidents are allowed an Oregon

NOL if it is generated from Oregon sources.

If you are amending for an NOL, be sure to check the

“amending due to an NOL” box on the amended sched-

ule. Please provide an explanation and cite the federal

law that allows and/or requires a carryback period other

than two years in the explanation of adjustments. If there

is no income to absorb the NOL in the required carry-

back year, please provide an explanation.

For example: My 2012 NOL is from farming and I am

required to carry the loss back five years [IRC 172(b)(1)

(G)]. Because I have no tax in 2007, I have carried the NOL

to 2008 instead of 2007.

Do I change my federal tax liability on my

amended return?

Usually not, but follow these special instructions for fed-

eral tax liability:

• Did we correct the federal tax subtraction on your orig-

inal return? If so, use the corrected amount from our

notice.

• Did you amend your federal return before the due date

(not including extensions) of the original return? If so,

the federal tax on your amended federal return is the

amount you will use for your amended Oregon return.

There will be no addition or subtraction in a later year.

• Did you pay additional federal tax because you were

audited or filed an amended return after the due date

of the original return? If so, claim the additional fed-

eral tax as a subtraction on your Oregon return in the

year you paid the additional tax.

• Did you get a refund of federal tax because you were

audited or filed an amended return after the due date

of the original return? If so, show the federal tax refund

as an addition on your Oregon return in the year you

received the refund, but only if you received a tax ben-

efit. See the federal refund worksheet below.

Example 1: You received a notice from the Oregon

Department of Revenue in May and are filling out an

amended return in July. The notice stated that your fed-

eral tax subtraction was reduced from $3,500 to $3,000.

You will use the corrected federal tax subtraction of

$3,000, on your amended return.

Example 2: You paid additional federal tax in 2014 for an

audit adjustment on your 2012 federal tax return. Amend

your 2012 Oregon tax return for the audit adjustments,

but do not change the 2012 federal tax subtraction. You

can subtract the additional 2012 federal tax liability you

paid in 2014 on your 2014 return up to the limit. See

instructions in the 2014 income tax booklet for limits.

Example 3: You received a federal tax refund in 2014 for

amending your 2011 income tax return. You may need

to report the refund as an addition on your 2014 return.

If you already filed your 2014 return, you may need to

amend it.

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150-101-061 (Rev. 01-16)

Federal refund worksheet

Use this worksheet to determine the tax benefit received

and the amount to include in Oregon income in the year

you received the refund.

1. Enter the federal tax liability on your

original federal return.

2. Enter the federal tax subtraction limit for

the year you are amending.

3. Line 1 minus line 2. (Enter -0- if line 2 is

greater than line 1.)

4. Enter the refund of the prior year’s fed-

eral tax.

5. If line 3 is greater than line 4, no adjust-

ment is needed on your Oregon amended

return. If line 4 is greater than line 3,

enter line 4 minus line 3 here and on your

Form 40 as an addition and identify with

code 109; or on your Form 40N or Form

40P as an other deduction or modifica-

tion and identify with code 601.

Line instructions for the amended schedule

Instructions are for lines not fully explained on the form.

Write the tax year that you are amending on the Oregon

Amended Schedule.

Do not fill in cents. You must round off cents to the near-

est dollar. For example, $24.49 becomes $24.00 and $24.50

becomes $25.00.

Tax

101. Net income tax as amended. This is your amended

tax after nonrefundable credits from your amended

return (Form 40, line 41 or Form 40N or 40P, line 58). Do

not include refundable tax credits; see line 103. If your

credits are more than your tax, enter -0-.

Payments and refundable credits

102. Oregon income tax withheld as amended. If you are

correcting the amount of state tax withheld, you must

attach a copy of any additional or corrected Form W-2

or 1099. If this hasn’t changed, enter the amount from

your previous return (Form 40, line 42 or Form 40N or

40P, line 59).

103. Refundable tax credits as amended. Enter the appro-

priate amounts as directed below from your amended

return on lines 103a, 103b, and 103c.

103a. Earned income credit (EIC) as amended. Tax years

2005 and earlier, enter -0- and go to line 103b. Tax years

2006 and later, enter your corrected Oregon earned

income credit from your amended return (Form 40, line

44 or Form 40N or 40P, line 62).

103b. Working family child care credit (WFC) as amended.

Enter your corrected working family child care credit

from your amended return (Form 40, line 45 or Form

40N or 40P, line 63). Include your amended Schedule

WFC or WFC-N/P. If this credit hasn’t changed, it will be

the same as on your previous return.

103c. Mobile home park closure or involuntary move of

a mobile home credit as amended.

• Tax years 2005 and earlier, enter -0-.

• Tax year 2006, enter your corrected refundable involun-

tary move of a mobile home credit from your amended

return and include your amended Schedule MH.

• Tax years 2007 and later, enter your corrected mobile

home park closure credit from your amended return

and include your amended Schedule MPC (Form 40,

line 46 or Form 40N or 40P, line 64).

If your credit hasn’t changed, it will be the same as

shown on your previous return.

104. Estimated tax payments. Fill in the amount of esti-

mated tax payments credited to your original return

(Form 40, line 43 or Form 40N or 40P, line 60). Are you

claiming a wolf depredation credit or claim of right

credit on your original and/or amended return? If so,

include the credit amounts here. Nonresidents: Include

any Oregon income tax withheld for you by a pass-

through entity or by an agent from the proceeds of any

Oregon real estate sale (Form 40N or 40P, line 61).

105. Amount of net income tax paid with original return

and later. Fill in the amount of all income tax actually

paid on your original Oregon return. Include payments

made later or for any additional tax adjustments to your

return.

Don’t include payments for:

• Penalty and interest; or

• Interest on the underpayment of estimated tax.

Example 4: When Amy filled out her original return

for tax year 2011, Form 40, line 49 showed tax to pay of

$200. Since the original due date had passed, she entered

a 5% late payment penalty of $10 on Form 40, line 50.

Her total amount owed on Form 40, line 53 was $210. She

sent a payment of $210 with her return. Her return was

adjusted in processing to correct a math error. Her tax

was increased by $150. Additional penalty and interest

of $12 was added as well. She was sent a notice explain-

ing the adjustment, showing the corrected line entries

on her original return. It also included a request to pay

the additional $162 (tax, penalty, and interest). She paid a

total of $372 ($350 tax + $15 penalty + $7 interest).

Later Amy amends her 2011 return and she enters $350

on line 105 of her Oregon Amended Schedule. She will only

include the tax payments. She will not include any of the

interest and penalties she paid. Note: She will also use

the corrected line entries from our notice when filling

out her amended return.

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150-101-061 (Rev. 01-16)

107. Income tax refunds received from original return

and later. Fill in the amount of any refund you received

(or expect to receive) from your original Oregon return

and any amended returns previously filed for the same

year. Include refunds received from the working family

child care credit or other refundable credit or a previ-

ous adjustment. Do not include interest received. Do not

reduce your refund by:

• Amounts you contributed to charitable funds or politi-

cal parties claimed on the return; or

• Amounts you applied to the next year’s estimated tax;

• Amounts we offset to pay money owed to the Depart-

ment of Revenue or another agency.

Note: Do not include any amounts received as a kicker

refund.

Any refund due from your original return may be mailed

separately. By law, the Oregon Department of Revenue

cannot issue refunds or apply amounts less than $1.

Example 5: Scott filed his 2012 tax return, claiming a

refund of $5,400 on Form 40, line 54. He asked for $200

to be applied as an estimated payment for tax year 2013

on line 55. He also requested that $200 be donated to

various charities on lines 56 through 69. His net refund

on line 71 was $5,000. When his return was processed,

it took longer than expected, so he received interest on

his refund. Scott also owed money for parking tickets

and the court had filed the paperwork to offset his tax

refund to pay for the tickets and court fees. His refund

was reduced by $1,000 to pay off the balance owed. He

received $4,020 from the department as shown:

Refund $5,400

Less payments applied to next tax year – 200

Less charitable checkoff donations

– 200

Net refund per return 5,000

Plus interest received + 20

Subtotal 5,020

Less amount paid for Scott’s debts – 1,000

Scott’s check from the department

$4,020

When Scott amends his 2012 tax return, he will enter

$5,400 on line 107 of his Oregon Amended Schedule.

Overpayment or balance due

Note: Charitable checkoffs, political party donations,

and Oregon 529 college savings plan deposits cannot be

used on amended returns. If you would like to donate to

any of the charities, their addresses are available on our

website.

110. Amount of line 109 you want applied to another

year’s estimated tax. If your overpayment on line 109

is $1 or more, you may apply part or all of it to your

open Oregon estimated tax account. Fill in the amount

you want to apply. If you choose to apply some or all

of your refund as an estimated payment, you may only

apply your refund to an open estimated tax account. The

election to apply your refund to an open estimated tax

account is irrevocable. An open estimated tax account is

an account that is set up prior to the due date of your per-

sonal income tax return, for which no return has been

filed. The account closes when your return is filed, or

if no return is filed, by the due date of the return. Note:

It may take six months or longer to process your return

and apply your overpayment.

If there are two open estimated tax accounts, the depart-

ment will apply the refund to the latest open estimated

tax account. After the amended return is processed, you

can request in writing that the overpayment be applied

to the earliest open estimated tax account.

Example 6: Sally filed her 2011 Oregon amended return

and schedule on March 12, 2014. Sally received a $1,500

refund on her 2011 Oregon amended return and elected

to apply $500 of her refund as an estimated tax payment.

Sally has two estimated tax accounts open, tax year 2013

(January 1, 2013 through April 15, 2014) and tax year 2014

(January 1, 2014 through April 15, 2015). The depart-

ment will apply the $500 overpayment to Sally’s 2014

estimated tax account and Sally will claim the $500 pay-

ment when she files her 2014 Oregon return. Sally needs

to write to the department if she would like the overpay-

ment applied to tax year 2013 instead.

111. Refund. You must reduce your overpayment by any

amounts applied to your estimated tax on line 110. If

you would like your remaining refund direct deposited,

enter your account information on Form 40S, 40, 40N, or

4 0P. Note: Interest on underpayment of estimated tax for

a prior year is not refundable. Do not include it as part of

your refund.

113. Interest on additional tax to pay. Do you need to

pay additional tax with your amended return? If so, you

must include interest with your payment. To avoid pay-

ing an additional 5 percent penalty, you must pay the

tax and interest in full with your amended return, or

within 30 days after you receive a billing notice from the

department.

Interest on income tax is figured from the day after the

due date of your original return up to the date your pay-

ment is received.

An interest period is each full month starting with the

day after the due date of the original return. Generally,

the due date for income tax returns is April 15.

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150-101-061 (Rev. 01-16)

Interest rates on tax you owe

Percentage rates

Interest period Annual Monthly Daily

February 16, 2002 to

February 15, 2003

8% 0.6667% (0.006667) 0.0219% (0.000219)

February 16, 2003 to

January 15, 2004

7% 0.5833% (0.005833) 0.0192% (0.000192)

January 16, 2004 to

January 15, 2005

6% 0.5000% (0.005000) 0.0164% (0.000164)

January 16, 2005 to

January 15, 2006

5% 0.4167% (0.004167) 0.0137% (0.000137)

January 16, 2006 to

January 16, 2007

7% 0.5833% (0.005833) 0.0192% (0.000192)

January 17, 2007 to

January 15, 2009

9% 0.7500% (0.007500) 0.0247% (0.000247)

January 16, 2009 to

January 15, 2010

6% 0.5000% (0.005000) 0.0164% (0.000164)

January 16, 2010 to

January 15, 2013

5% 0.4167% (0.004167) 0.0137% (0.000137)

January 16, 2013 to

January 15, 2016

4% 0.3333% (0.003333) 0.0110% (0.000110)

Example 7: Dianna files an amended return for tax year

2011 on March 24, 2015. She pays additional tax of $500 with

her amended return. The following shows how she figures

her interest:

Apr 18, 2012–Jan 17, 2013 = 9 mos. x 0.004167 x $500 = 18.75

Jan 18, 2013–Mar 17, 2015 = 26 mos. x 0.003333 x $500 = 43.33

Mar 18, 2015–Mar 24, 2015 = 7 days x 0.000110 x $500 = 0.39

Total interest due and entered on line 113 $62.47

Explanation of changes

Identify and provide a complete explanation of all

amended items. Indicate the line number from the Form

40S, 40, 40N, or 40P for each change. If your filing sta-

tus changed (for example, from single to head of house-

hold), explain why. Include additional pages if you need

more room to explain your changes. If you are amending

because of an NOL, include an explanation and code cite

if the NOL carryback is greater than two years (see page

2 for further instructions).

Finishing the amended return and schedule

If you owe tax and choose to pay by check or money

order, make it payable to the Oregon Department of

Revenue. Write your daytime telephone number and the

tax year that you are amending on the check or money

order.

Should I put my amended return together in a special

order?

Yes. DO NOT staple or tape anything together. To speed

processing, place these items in the following order if

applicable:

• Your check or money order and Form 40-V (payment

voucher) if you owe tax. If you’re paying by credit card

or electronic payment, do not use Form 40-V.

• Form W-2 or 1099 if you are correcting income or Ore-

gon withholding.

• Oregon amended return (corrected Form 40S, 40, 40N,

or 40P).

• Oregon Amended Schedule.

• Schedule OR-A or Schedule OR-A-N/P for tax year

2007, and Schedule OR-ASC or Schedule OR-ASC-

N/P for tax year 2008 or later.

• A copy of your corrected federal return (1040EZ,

1040A, 1040, 1040NR-EZ, or 1040NR) and/or other

state’s amended return. If you originally filed as an

RDP, attach a corrected federal “as if” return in addi-

tion to any corrected federal or state return(s). Write

“RDP for Oregon Only” in blue or black ink on the top

left corner of your corrected “as if” return.

• Schedule WFC or WFC-N/P.

• A copy of your federal and/or state’s audit report if

you amended your return due to an audit.

• Other forms or schedules as required.

Note: Do not attach a copy of your original Oregon

return.

Where do I send my amended tax return?

Either electronically file your amended return, or mail it

to the appropriate address.

Refund or no-tax-due returns:

REFUND

PO Box 14700

Salem OR 97309-0930

Mail tax-to-pay returns:

Oregon Department of Revenue

PO Box 14555

Salem OR 97309-0940

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