Section 316.801 – Addition for certain amounts withdrawn; penalty; exceptions.
(1) There shall be added to federal taxable income the amount of funds a taxpayer withdraws from a first-time home buyer savings account established under ORS 316.797, if: (a) Those funds were used for a purpose other than eligible costs; (b) In this tax year or a previous tax year, those funds were subtracted or […]
Section 316.752 – Definitions for ORS 316.752 to 316.771.
For purposes of ORS 316.752 to 316.771: (1) A person has a “severe disability” if the person: (a) Has lost the use of one or more lower extremities; (b) Has lost the use of both hands; (c) Is disabled as that term is defined in section 72(m)(7) of the Internal Revenue Code, to a degree […]
Section 316.802
[1969 c.493 §71; renumbered 316.970]
Section 316.758 – Additional personal exemption credit for persons with severe disabilities; income limitation.
(1) In addition to the personal exemption credit allowed by this chapter for state personal income tax purposes, there shall be allowed an additional personal exemption credit for the taxpayer if the taxpayer: (a) Has a severe disability at the close of the taxable year; and (b) Has federal adjusted gross income that does not […]
Section 316.803 – Obligations of financial institution; provision of certificates to account holders.
(1) On or before January 31 of each year, a financial institution at which an account holder has created a first-time home buyer savings account shall provide to the account holder a certificate containing the following information: (a) The date when the account was created; (b) The name of the account holder; (c) The amount […]
Section 316.765 – Additional personal exemption credit for spouse of person with severe disability; conditions.
(1) An additional personal exemption credit in the same amount as allowed under ORS 316.758 for a taxpayer with a severe disability shall be allowed for the spouse of the taxpayer if a separate return is made by the taxpayer, and if the spouse: (a) Has a severe disability; (b) Has no gross income for […]
Section 316.806 – Definitions for ORS 316.806 to 316.818.
As used in ORS 316.806 to 316.818: (1) “Construction job site” means the specific location of a construction project. (2) “Construction project” means the construction, alteration, repair, improvement, moving or demolition of a structure and appurtenances thereto. (3) “Construction worker” means a person who is a member of a recognized construction trade, craft, union or […]
Section 316.771 – Proof of status for exemption credit.
Each person qualifying for the additional personal exemption credit allowed in ORS 316.758 and 316.765 may claim the credit on the personal income tax return. However, the claim shall be substantiated by a letter from a licensed physician describing the nature and extent of the physical disability. The requirement for substantiation may be waived partially, […]
Section 316.812 – Certain traveling expenses.
In addition to the modifications to federal taxable income contained in this chapter, there shall be subtracted from federal taxable income traveling expenses, as defined in ORS 316.806, incurred by a construction worker during the first year of continuous employment on the same construction job site. However, if employment on the same construction job site […]
Section 316.777 – Income derived from sources within federally recognized Indian country exempt from tax.
(1) Any income derived from sources within the boundaries of federally recognized Indian country in Oregon by any enrolled member of a federally recognized American Indian tribe residing in federally recognized Indian country in Oregon at the time the income is earned is exempt from tax under this chapter. (2) An extract from the tribal […]