Term
T or F
The Federal Foreign Tax Credit is also a tax credit for Oregon |
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Definition
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Term
T or F
A taxpayer may claim a credit on his Oregon return for a solar heating system installed in his vacation home if all other requirements are met. |
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Definition
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Term
T or F
A renter may qualify to calim ORegon's Alternative Energy Device Credit. |
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Definition
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Term
T or F
Certain disabled taxpayers under the age of 65 years are eligible for the tax credit for the elderly. |
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Definition
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Term
T or F
Proof of payment must be submitted with the Oregon return if a tax credit is claimed for a political contribution. |
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Definition
| False...just keep proof in the file |
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Term
T or F
The Oregon Income Retirement Credit is only available to Oregon full year residnets who are age 62 or older on December 31, 2004, and receiving retirement income. |
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Definition
| False...part year residents also qualify p91 |
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Term
T or F
Credit for the elderly is not available to otherwise eligible taxpayers if the taxpayer claims a Retirement Income Credit. |
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Definition
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Term
T or F
If your Oregon Child Care credit exceeds your Oregon tax liability, the excess can be carried forward for five years. |
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Definition
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Term
T or F
On an Oregon part year return (40P), you can take the child and dependent care credit only for amounts actually paid in Oregon. |
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Definition
| False...must qualify for Federal, still claim even if cannot use all Federal p80 |
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