Form OR-20-S "Oregon S Corporation Tax Return" - Oregon

What Is Form OR-20-S?

This is a legal form that was released by the Oregon Department of Revenue - a government authority operating within Oregon. As of today, no separate filing guidelines for the form are provided by the issuing department.

Form Details:

  • Released on October 1, 2017;
  • The latest edition provided by the Oregon Department of Revenue;
  • Easy to use and ready to print;
  • Quick to customize;
  • Compatible with most PDF-viewing applications;

Download a fillable version of Form OR-20-S by clicking the link below or browse more documents and templates provided by the Oregon Department of Revenue.

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Download Form OR-20-S "Oregon S Corporation Tax Return" - Oregon

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Clear Form
2017 Form OR‑20‑S
Office use only
02651701010000
Page 1 of 3, 150-102-025 (Rev. 10-17)
Oregon Department of Revenue
Oregon S Corporation Tax Return
Submit original form—do not submit photocopy
Space for 2-D barcode—do not write in box below
Excise tax
Income tax
/
/
Fiscal year beginning
/
/
Fiscal year ending
See instructions for checkboxes.
New name
New address
OR-FCG-20
Extension
Form OR-37
Form OR-24
Amended
Federal
REIT/RIC
Form 8886
Accounting period change
Federal
Form 5471
Alternative apportionment
Legal name
FEIN
DBA/ABN
Attn. or c/o
Current address
City
State
ZIP code
Contact name
Contact phone
(
)
Web
Complete questions A through D only if this is your first return or the answer changed during this tax year.
A. Incorporated in (state)
Incorporated on (date)
B. State of commercial domicile
C. Date business activity began in Oregon
D. Business activity code
/
/
/
/
E. List the tax years for which federal waivers of the statute of limitations are in effect and dates on which waivers expire
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
G.
H.
If first return,
New
Successor to
Withdrawn
Dissolved
Merged or
If final return,
indicate:
business
previous business
indicate:
reorganized
Name of previous business
Name of merged or reorganized corporation
FEIN
FEIN
.00
I. Enter the amount from Federal Form 1120S, line 21 ............................................................................................
I.
J.
Utility or telecommunications companies (see instructions).
.00
K. Fill in the amount of your total Oregon sales .......................................................................................................
K.
Clear Form
2017 Form OR‑20‑S
Office use only
02651701010000
Page 1 of 3, 150-102-025 (Rev. 10-17)
Oregon Department of Revenue
Oregon S Corporation Tax Return
Submit original form—do not submit photocopy
Space for 2-D barcode—do not write in box below
Excise tax
Income tax
/
/
Fiscal year beginning
/
/
Fiscal year ending
See instructions for checkboxes.
New name
New address
OR-FCG-20
Extension
Form OR-37
Form OR-24
Amended
Federal
REIT/RIC
Form 8886
Accounting period change
Federal
Form 5471
Alternative apportionment
Legal name
FEIN
DBA/ABN
Attn. or c/o
Current address
City
State
ZIP code
Contact name
Contact phone
(
)
Web
Complete questions A through D only if this is your first return or the answer changed during this tax year.
A. Incorporated in (state)
Incorporated on (date)
B. State of commercial domicile
C. Date business activity began in Oregon
D. Business activity code
/
/
/
/
E. List the tax years for which federal waivers of the statute of limitations are in effect and dates on which waivers expire
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
G.
H.
If first return,
New
Successor to
Withdrawn
Dissolved
Merged or
If final return,
indicate:
business
previous business
indicate:
reorganized
Name of previous business
Name of merged or reorganized corporation
FEIN
FEIN
.00
I. Enter the amount from Federal Form 1120S, line 21 ............................................................................................
I.
J.
Utility or telecommunications companies (see instructions).
.00
K. Fill in the amount of your total Oregon sales .......................................................................................................
K.
2017 Form OR‑20‑S
02651701020000
Page 2 of 3, 150-102-025 (Rev. 10-17)
Oregon Department of Revenue
S corporations without federal taxable income, built‑in gains, or excess net passive income, fill in your apportionment percentage on
line 6 then enter ‑0‑ on lines 7, 8, and 10 and go to line 11.
1. Income taxed on federal Form 1120S from:
(a) Built-in gains (enter amount from
.00
Form 1120S, Schedule D, Part III, line 18) ....
(b) Excess net passive income (enter amount
.00
.00
from 1120S “Worksheet for line 22a”) ...........
.......Total
1.
2. Total additions from Schedule OR-ASC-CORP, Section A,
.00
(only if apply to amounts included in line 1, see instructions) .............................................
2.
3. Total subtractions from Schedule OR-ASC-CORP, Section B,
.00
(only if apply to amounts included in line 1, see instructions) .............................................
3.
.00
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 Oregon and other states, see Schedule OR‑AP and continue.
5. Net loss from prior years as C corporation (deductible from built-in
.00
gain income only) (include schedule, enter as a positive number) ......................................
5.
6. Enter the apportionment percentage from Schedule OR-AP, part 1, line 22.
Enter 100.0000 if you don’t apportion income .............
6.
%
You must attach Schedule OR‑AP to apportion income.
.00
7. Oregon taxable income (line 4 minus line 5, or from Schedule OR-AP, part 2, line 11).....
7.
.00
Tax
8. Calculated tax (see instructions) ....................................
8.
9. Schedule OR-FCG-20 adjustment (see instructions,
.00
include schedule) ...........................................................
9.
.00
10. Total calculated tax (line 8 minus line 9).........................
10.
.00
11. Minimum tax (see instructions) ......................................
11.
.00
12. Tax (greater of line 10 or line 11) ..........................................................................................
12.
.00
13. Tax adjustment for installment sales interest (include schedule) .........................................
13.
.00
14. Tax before credits (line 12 plus line 13) ................................................................................
14.
.00
Credits
15. Total carryforward credits from Schedule OR-ASC-CORP, Section D (see instructions) ....
15.
.00
16. Tax after carryforward credits (line 14 minus line 15) ...........................................................
16.
.00
17. LIFO benefit recapture addition (see instructions) ...............................................................
17.
.00
Net tax
18. Net tax (line 16 plus line 17, see instructions) ......................................................................
18.
19. 2017 estimated tax payments from Schedule ES line 7. Include
.00
payments made with extension ...........................................................................................
19.
.00
20. Tax due. Is line 18 more than line 19? If so, line 18 minus line 19 ........................ Tax due
20.
.00
21. Overpayment. Is line 18 less than line 19? If so, line 19 minus line 18 ...... Overpayment
21.
.00
22. Penalty due with this return (see instructions) ...............
22.
.00
23. Interest due with this return (see instructions) ...............
23.
24. Interest on underpayment of estimated tax
.00
(include Form OR-37) .....................................................
24.
.00
25. Total penalty and interest (add lines 22 through 24) ................................................................ 25.
.00
26. Total due (line 20 plus line 25) .................................................................................. Total due 26.
.00
27. Refund available (line 21 minus line 25) ................................................................. Refund
27.
.00
28. Amount of refund to be credited to estimated tax ...............................................................
28.
.00
29. Net refund (line 27 minus line 28) ...........................................................................Net refund 29.
2017 Form OR‑20‑S
02651701030000
Page 3 of 3, 150-102-025 (Rev. 10-17)
Oregon Department of Revenue
Schedule SM—Oregon Modifications Passed Through to Shareholders
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 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.
Don’t use Schedule OR-ASC-CORP codes for this section.
Additions
1. Interest on government bonds of
.00
other states ........................................ (K-1 line ____) ........ 1.
2. Gain or loss on the sale of depreciable
.00
property .............................................. (K-1 line ____) ........ 2.
.00
3. Other addition (include schedule) .................................. 3.
.00
4. Total Oregon additions .............................................................................................................
4.
Subtractions
5. Interest from U.S. government, such as Series EE
.00
and HH bonds .................................... (K-1 line ____) ........ 5.
6. Gain or loss on the sale of depreciable
.00
property .............................................. (K-1 line ____) ........ 6.
7. Work opportunity credit wage
.00
reductions .......................................... (K-1 line ____) ........ 7.
.00
8. Other subtraction (include schedule) .............................. 8.
.00
9. Total Oregon subtractions ........................................................................................................
9.
Schedule ES—Estimated Tax Payments or Other Prepayments
Name of payer
1.
Quarter 1
Payer’s FEIN
Date paid
/
.00
/
Amount paid ....................................
1.
Name of payer
2.
Quarter 2
Payer’s FEIN
Date paid
/
.00
/
Amount paid ....................................
2.
Name of payer
3.
Quarter 3
Payer’s FEIN
Date paid
/
.00
/
Amount paid ....................................
3.
Name of payer
4.
Quarter 4
Payer’s FEIN
Date paid
/
/
.00
Amount paid ....................................
4.
.00
5. Overpayment of another year’s tax applied as a credit against this year’s tax ................................................
5.
.00
/
/
6. Payments made with extension or other prepayments for this tax year and date paid ____________________
6.
.00
7. Total prepayments (carry to line 19 on previous page).........................................................................................
7.
Under penalty of false swearing, I declare that the information in this return and any enclosures is true, correct, and complete.
Signature of officer
Signature of preparer other than taxpayer
License number of preparer
Sign
X
X
here
Date
Date
Phone number
/
/
(
)
/
/
Print name of officer
Print name of preparer
Title of officer
Address of preparer
Mail refund returns and no tax due returns to: Mail tax‑to‑pay returns with payment and payment voucher to:
Refund, PO Box 14777, Salem OR 97309-0960
Oregon Department of Revenue, PO Box 14790, Salem OR 97309-0470
Include a complete copy of your federal Form 1120S and schedules, including all federal K‑1s or K‑1 summary (see instructions).
Don’t staple
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