Form 40p Instructions - Oregon Department Of Revenue
ADVERTISEMENT
1
2
3
4
5
6
7
8
9
10Form 40P instructions
Use Form 40P if:
Disabled child. If your child had a disability at
6d
the end of 1998, you may qualify for an additional
• You’re a part-year resident, or
exemption credit. See “Disabled child,” page 12 of the
• You meet the exception below and choose to file a
Form 40N instructions for qualifications.
joint return.
Fill out your federal return, then your Oregon return. You
Age 65 or older, or blind. If you or your spouse
7
must attach a copy (front and back) of your federal 1040,
are age 65 or older, or blind, see page 12.
1040A, 1040EZ, 1040PC, or Telefile Tax Record to your
Oregon tax return. Don’t attach any federal schedules
such as A, B, C, D, Form 2441, etc. Keep a complete
Line instructions
copy of your federal and state returns. Also, keep
all receipts, cancelled checks, statements, and other
The following instructions are for lines not fully
explained on the form.
records you used to prepare your return for at least
three years after you file your return. Save records
Form 40P has two columns for figures.
for property and investments you purchased for at least
The first column on Form 40P is labeled “Federal col-
three years after you sell the property.
umn.” In this column, lines 8 through 28, fill in the same
See page 6 for instructions for “Fiscal year filers” and the
amounts you reported on your federal return. On lines
“Address section.”
31 through 38, fill in the additions and subtractions as
they apply to your total federal income.
Check the boxes
The second column on Form 40P is labeled “Oregon
column.” This column is where you list the amounts that
Filing status
apply to Oregon. Oregon taxes your income from all
Check the box next to your filing status. Generally, you
sources earned or received while you were an Oregon
must check the same filing status you checked on your
resident. Oregon also taxes your income from Oregon
federal return.
sources while you were a nonresident.
Exception: If you and your spouse don’t have the same
Income
residency status, you may file separate returns for Oregon
even if you filed married filing jointly for federal. See page
36 to order the information circular, “Married Persons Fil-
Wages, salaries, and other pay for work.
8
ing Separate Returns.”
Federal column. Fill in the same amount you reported
How to file separate returns:
on your federal return.
If you are married filing separately, see page 11 of
Oregon column. Figure the amount you earned while
the Form 40N instructions.
an Oregon resident. Add to that figure any amount
If possible, mail your Oregon returns in the same enve-
earned while working in Oregon as a nonresident. See
lope. Do not staple the returns together.
page 12 to calculate Oregon wages while a nonresident.
If filing as head of household, enter the name of the
If an amount differs from your Oregon wages on your
qualifying person from your federal return by box 4.
W-2 form, you must attach an explanation from your
employer to the back of your Oregon return.
Exemptions
Exceptions: See “Interstate transportation wages” and
“Hydroelectric dam wages,” page 5, to see if you qualify
Yourself and spouse. Check “Yourself”
6a & 6b
to exclude this income.
and other boxes that apply. If you can
be claimed as a dependent on someone else’s return, you
Taxable interest and dividend income.
9
can’t claim an exemption for yourself. Enter “0” on line 6a.
Severely disabled. If you had a severe disability at the
Federal column. Fill in the same amount you reported
end of 1998, you may qualify for an additional exemp-
on your federal return.
tion credit. See “Severely disabled” on page 11 of the
Oregon column.
Form 40N instructions.
9a. Figure the total interest you received while you
Dependents. Enter the number of your children
were an Oregon resident that is included on your
6c
federal return. Add to that your share of interest
claimed as dependents and other dependents in
income received while you were a nonresident on
box 6c. In most cases, you must claim the same num-
funds used for business activity in Oregon.
ber of dependents as claimed on your federal return.
22/Form 40P instructions
ADVERTISEMENT
0 votes
Related Articles
Related forms
Related Categories
Parent category: Financial