[Revenews] Update on Reconnect, Subtraction Code 346

[RUTH Mark K]

As you know, Oregon's reconnect legislation, SB 301, passed and was signed by the governor during the week of March 7th.  That information went out to you in a REVENEWS, that same message also went out to the software companies that week.

We hope you have incorporated the software company updates as they became available.  We have a connection issue for tax year 2010 which has yet to be resolved by some companies:  the modification of the calculation of the self-employment tax

Prior to the reconnect a filing would have subtraction code 346 on the Oregon return.  After the reconnect, we should not see code 346 as a subtraction on the Oregon return.

We are still receiving some professionally prepared returns which use that subtraction code.  If your software still generates that code when preparing a return for efile, that return will drop out of our automated processing system and require manual work before it can be cleared.  Filing a return coded with a 346 subtraction means that your client's return will be delayed in processing.

Make sure you have stayed current with your updates; filing a return with a 346 subtraction code will delay the processing of that return.

Thank you

Mark K. Ruth
PIT electronic filing
Oregon Department of Revenue

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