Clear Form
• 2015 Form 20-S
Oregon S Corporation Tax Return
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Excise Tax
Income Tax
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* 0 2 6 5 1 5 0 1 0 1 0 0 0 0 *
Fiscal year beginning
Fiscal year ending
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For office use only
Legal name:
FEIN:
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DBA/ABN:
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Current address:
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Payment
City:
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1
2
3
St:
ZIP code:
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FOR COMPUTER USE ONLY
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New name
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New address
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Extension
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Form 37
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Amended
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Form 24
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FCG-20
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Federal Form 8886
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REIT/RIC
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Accounting period change
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Contact phone:
Web:
Questions: Complete A through D only if this is your first return or the answer changed during this tax year.
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A. Incorporated in (state)
Incorporated on (date)
B. State of commercial domicile
C. Date business activity began in Oregon
D. Business Activity Code
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E. List the tax years for which federal waivers of the statute of limitations are in effect and dates on which waivers expire
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G. List the tax years for which your federal taxable income was changed by an IRS audit or by an amended federal return filed
F.
Protective Claim
during this tax year.
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H. If first return, indicate
Name of previous business
FEIN
New business, or
Successor to previous business
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I. If final return, indicate
Name of merged or reorganized corporation
FEIN
Withdrawn,
Dissolved, or
Merged or reorganized
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J. Enter the amount from federal Form 1120S, line 21 ..............................................................................
J
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K. Utility or telecommunications companies (see instructions) ..................................................................
K
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L. If you did not complete Schedule AP, fill in the amount of your Oregon sales ......................................
L
S corporations without federal taxable income, built-in gains, or excess net passive income, enter -0- on lines 7 and 9.
1. Income taxed on federal Form 1120S from:
(a) Built-in gains (enter amount from Form 1120S, Schedule D, Part III, line 18) ....
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(b) Excess net passive income (enter amount from 1120S “Worksheet for line 22a”) ....
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2. Total other additions (only if apply to amounts included in line 1) (from Schedule ASC-CORP, see instructions) .....
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3. Total other subtractions (only if apply to amounts included in line 1) (from Schedule ASC-CORP, see instructions) ....
3
4. S corporation income before net loss deduction (line 1 plus line 2, minus line 3) ...........................................................4
If income is entirely from Oregon sources, continue. If from both in Oregon and other states, see Schedule AP.
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5. Net loss from prior years as C corporation (deductible from built-in gain income only) (include schedule) ............................
5
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6. Oregon taxable income (line 4 minus line 5, or amount from Schedule AP-2, line 11) .............................................
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7. Calculated tax (see instructions) ..............................................................................
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8. FCG-20 adjustment (see instructions, include worksheet) ......................................
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9. Total calculated tax (line 7 minus line 8) ...................................................................
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10. Minimum tax (see instructions) .............................................................................
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11. Tax (greater of line 9 or line 10) ..............................................................................................................................
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12. Tax adjustment for installment sales interest (include schedule) ...........................................................................
12
Form 20-S, page 1 of 2
150-102-025 (Rev. 10-15)