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Form 20-S Fillable Oregon S Corporation Tax Return
(all forms fillable on Windows, Mac, Android tablets, and iPad using Adobe Reader XI)
2014 Form 20 S A Incorporated in (state); B State of commercial domicile C Date business activity began in Oregon D Business Activity Code Accounting period change E List the tax years for which federal waivers of the statute of limitations are in effect and dates on which waivers expire Excise Tax Income Tax F List the tax years for which your federal taxable income was changed by an IRS audit or by an amended federal return filed during this tax year Federal Form 8886 G If first return indicate H If final return indicate Incorporated on (date) REIT/RIC (a) Built in gains (enter amount from Form 1120S Schedule D Part III line 18) (b) Excess net passive income (enter amount from 1120S Worksheet for line 22a ) Total 1 * 0 2 6 5 1 4 0 1 0 1 0 0 0 0 * * 0 2 6 5 1 4 0 1 0 2 0 0 0 0 * / / / / 1 2 3 1 Income taxed on federal Form 1120S from: 1 Qtr 1 1 10 Minimum tax (see instructions) 10 11 Tax (greater of line 9 or line 10) 11 12 Tax adjustment for installment sales interest (attach schedule) 12 13 Tax before credits (line 11 plus line 12) 13 15 Tax after credits (line 13 minus line 14) 15 150 102 025 (Rev 12 14) Form 20 S page 1 of 2 150 102 025 (Rev 12 14) Form 20 S page 2 of 2 16 LIFO benefit recapture addition (see instructions) 16 18 2014 estimated tax payments from Schedule ES line 7 Include payments made with extension 18 19 Tax due Is line 17 more than line 18? If so line 17 minus line 18 Tax due 19 2 Gain or loss on the sale of depreciable property (K 1 line ) 2 2 Qtr 2 2 2 Total other additions (only if apply to amounts included in line 1) (from Schedule ASC CORP see instructions) 2 20 Overpayment Is line 17 less than line 18? If so line 18 minus line 17 Overpayment 20 21 Penalty due with this return 21 22 Interest due with this return 22 23 Interest on underpayment of estimated tax (attach Form 37) 23 24 Total penalty and interest (add lines 21 through 23) 24 25 Total due (line 19 plus line 24) Total due 25 26 Refund available (line 20 minus line 24) Refund 26 27 Amount of refund to be credited to estimated tax 27 28 Net refund (line 26 minus line 27) Net refund 28 3 Other (attach schedule) 3 3 Qtr 3 3 3 Total other subtractions (only if apply to amounts included in line 1) (from Schedule ASC CORP see instructions) 3 4 Qtr 4 4 4 S corporation income before net loss deduction (line 1 plus line 2 minus line 3) 4 4 Total Oregon additions 4 5 Net loss from prior years as C corporation (deductible from built in gain income only) (attach schedule) 5 5 Overpayment of last year s tax elected as a credit against this year s tax 5 6 Gain or loss on the sale of depreciable property (K 1 line ) 6 6 Oregon taxable income (line 4 minus line 5 or amount from Schedule AP 2 line 11) 6 6 Payments made with extension or other prepayments for this tax year and date paid 6 7 Calculated tax (see instructions) 7 7 Total prepayments (carry to line 18 above) 7 7 Work opportunity credit wage reductions (K 1 line ) 7 8 FCG 20 adjustment (see instructions attach worksheet) 8 8 Other (attach schedule) 8 9 Total calculated tax (line 7 minus line 8) 9 9 Total Oregon subtractions 9 Additions 1 Interest on government bonds of other states (K 1 line ) 1 Address: Amended be adjusted under the provisions of Oregon Revised Statutes Chapters 314 and 316 Indicate which federal Schedule K 1 line item each modification is for Do City: Clear Form Contact name: Contact phone: Credits 14 Total other credits (from Schedule ASC CORP see instructions) 14 Date Date DBA/ABN: Extension FCG 20 Federal taxable income passed through to the shareholders is adjusted to the extent that items of income loss or deduction of the shareholder are required to FEIN BIN FEIN: Fiscal year beginning Fiscal year ending FOR COMPUTER USE ONLY For office use only Form 24 Form 37 I Enter the amount from federal Form 1120S line 21 I If income is entirely from Oregon sources continue If from both in Oregon and other states see Schedule AP J Utility or telecommunications companies (see instructions) J K If you did not complete Schedule AP fill in the amount of your Oregon sales K Legal name: License number of preparer Mail refund returns and no tax due returns to: Mail tax to pay returns with payment and payment voucher to: Merged or reorganized Name of merged or reorganized corporation FEIN BIN Name of payer Payer FEIN Date of payment Amount paid Name of previous business Net tax 17 Net tax (line 15 plus line 16 see instructions) 17 New address New business or New name not use Schedule ASC CORP codes for this section Oregon S Corporation Tax Return Payment Please attach a complete copy of your federal Form 1120S and schedules including all K 1s or K 1 summary (see instructions) Print name of officer Print name of preparer Questions: Complete A through D only if this is your first return or the answer changed during 2014 Refund PO Box 14777 Salem OR 97309 0960 Oregon Department of Revenue PO Box 14790 Salem OR 97309 0470 S corporations without federal taxable income built in gains or excess net passive income enter 0 on lines 7 and 9 Schedule ES Estimated Tax Payments or Other Prepayments Schedule SM Oregon Modifications Passed Through to Shareholders Signature of officer Signature of preparer other than taxpayer St: ZIP code: Subtractions 5 Interest from U S government such as Series EE and HH bonds (K 1 line ) 5 Successor to previous business Telephone number Title of officer Address of preparer Under penalty of false swearing I declare that the information in this return and any attachments is true correct and complete Withdrawn Dissolved or X Sign