Statutes, codes, and regulations
Oregon Revised Statutes
Title 29 - REVENUE AND TAXATIONChapter 316 - PERSONAL INCOME TAXMODIFICATIONS OF TAXABLE INCOME
GENERALLY
Section 316.687 - Amount in excess of standard deduction for child, if child's income included on parent's federal return; limitation

ORS § 316.687

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Current through 2024 Regular Session legislation effective April 17, 2024
Section 316.687 - Amount in excess of standard deduction for child, if child's income included on parent's federal return; limitation

There shall be added to federal taxable income of a parent who makes an election under section 1(g)(7)(B) of the Internal Revenue Code any amount in excess of the standard deduction allowed for a child under ORS 316.695(8) but not in excess of the amount described in section 1(g)(7)(B)(i) of the Internal Revenue Code (twice the amount in effect for the taxable year under section 63(c)(5)(A) of the Internal Revenue Code). The addition under this section shall be made for each child whose income is included in the taxable income of the parent under section 1(g)(7)(B) of the Internal Revenue Code.

ORS 316.687

1989 c.625 §13; 1991 c.457 §7c; 1997 c.839 §23; 1999 c.917 §2