Add Tables To Legal Oklahoma Minors Forms For Free

A resident taxpayer who receives income for personal services performed in another state must report the full amount of such income on the Oklahoma return (Form 511). If another state taxes this income, the resident may qualify for this credit.

A Form 500-B must be completed for each nonresident member to whom the pass-through entity has made an Oklahoma taxable distribution and paid withholding to Oklahoma. Form 500-B should not report withhold- ing paid by sources other than the pass-through entity.

OK 512S Information All corporations having an election in effect under Subchapter S of the Internal Revenue Code (IRC) engaged in business or deriving income from property located in Oklahoma and that are required to file a federal income tax return using Form 1120-S, must file a return on Form 512-S.

Qualifying Oklahoma entities can apply for an exemption from sales tax on purchases by filing a form 13-16-A with the state tax commission. This document can be found on their website. Note that all exempt purchases must be invoiced to the organization applying.

Every corporation organized under the laws of this state or qualified to do or doing business in Oklahoma in a corporate or organized capacity by virtue or creation of organization under the laws of this state or any other state, territory, district, or a foreign country, including associations, joint stock companies ...

Schedule B of the OK 512 is for computation of Oklahoma taxable income of a unitary enterprise. To indicate a Unitary enterprise: Go to the Oklahoma > General worksheet. In section 2 - Options.