Blank Oregon 40 Ext Form Open Editor Now

Blank Oregon 40 Ext Form

The Oregon Form 40-EXT is an application used to request an automatic extension of time to file an Oregon individual income tax return. This form allows taxpayers who owe Oregon tax and cannot meet the filing deadline to extend their submission by six months. It is important to note that while an extension provides more time to file, it does not extend the deadline for paying any taxes owed.

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The Oregon 40 Ext form is a crucial document for individuals needing additional time to file their state income tax returns. Specifically designed for those who owe taxes for the tax year 2009, this form allows taxpayers to apply for an automatic six-month extension. It is important to file the Oregon 40 Ext by the regular due date of April 15, 2010, to avoid penalties. For those who have already received a federal extension, the state honors this as a valid extension, provided that there is no Oregon tax owed. However, if you do owe taxes and cannot meet the filing deadline, completing this form becomes essential. The form requires personal information, including names and Social Security numbers, and mandates that any owed taxes be paid by the same deadline to prevent accruing interest or penalties. The form also includes a tax payment worksheet to help determine the amount owed, emphasizing that an extension to file does not extend the time to pay. Understanding the requirements and implications of the Oregon 40 Ext form can alleviate stress and ensure compliance with state tax laws.

Form Example

Document Characteristics

Fact Name Description
Purpose The Oregon Form 40-EXT is used to apply for an automatic six-month extension to file your individual income tax return.
Filing Deadline Taxpayers must file Form 40-EXT by April 15, 2010, or by the regular due date of their return if they are fiscal year taxpayers.
Eligibility Criteria You can use Form 40-EXT if you owe Oregon tax for 2009 and cannot file by the due date, or if you are filing an extension for Oregon only.
Federal Extension Recognition If you have received a federal extension (Form 4868), it will be honored by Oregon as a valid extension, provided you do not owe Oregon tax.
Payment Requirement An extension to file does not extend the time to pay your taxes. Any tax owed must be paid by April 15, 2010, to avoid penalties and interest.
Interest Rate The interest rate for unpaid taxes in 2010 is set at 5 percent, accruing from the due date until the tax is paid in full.
Governing Laws The Oregon Form 40-EXT is governed by Oregon Revised Statutes (ORS) related to income tax filing and extensions.
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