Does OR accept the Fed extension or does OR require their own to be filed?
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Or, as Bob Dole answered when asked during the presidential campaign whether he wore briefs or boxers, he replied:
"depends..."
"The only function of economic forecasting is to make astrology look respectful" - John Kenneth Galbraith -
Yes, the fed extension is good for Oregon returns."A man that holds a cat by the tail learns something he can learn no other way." - Mark TwainComment
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Maybe not....taken from 2010 form 40-Ext
Use Form 40-EXT to apply for an automatic six-month extension
of time to file your Oregon return. We will honor all federal
extensions of time to file individual income tax returns as
valid Oregon extensions. If you received a federal automatic
six-month extension (federal Form 4868), don’t use Oregon
Form 40-EXT unless you owe Oregon tax for 2010. Complete
Oregon Form 40-EXT only if you:
• Owe Oregon tax for 2010, cannot file your 2010 Oregon
return by April 18, 2011, and will be making a payment;
or
• Are filing an extension for Oregon only.
Complete the
I read it as if my client will owe, which is beginning to look like they will, a 2010 form 40-Ext was suppose to be filed. Is OR flexible by showing a Fed extension?Comment
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Emailed OR dept of rev
And to my surprise they replied in a matter of a couple hours. They instructed me to check box 7b on form 40 when filing the OR tax return.Comment
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I had a similar experience with them last year regarding rapid mail response. I emailed a question involving an obscure provision and got a detailed reply the next day. I followed up with another question on the same matter and they responded within a few hours. Exceptional service."The only function of economic forecasting is to make astrology look respectful" - John Kenneth GalbraithComment
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