Split Legal Oklahoma Small Business Forms For Free

Each partner having Oklahoma source income sufficient to make a return, shall make such return as required by law. Partnerships filing Federal Form 1065-B will file Form 514.

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 ...

The state of Oklahoma requires all corporations, nonprofits, LLCs, and LPs to file an Annual Franchise Tax Return, Annual Certificate, and/or pay a Registered Agent Fee ? depending on what type of business you own. Franchise tax returns and registered agent fees must be submitted to the Oklahoma Tax Commission.

If a federal consolidated return is filed, an Oklahoma consolidated return may be required or permitted under certain circumstances. ( Instructions, Form 512, Oklahoma Corporation Income Tax Return) The election to file a separate return or a consolidated return is made with the timely filing of the return.

File as Oklahoma married filing separate. The Oklahoma resident, filing a joint federal return with a nonresident civilian spouse, may file an Oklahoma return as married filing separate. The resident will file on Form 511 using the married filing separate rates and reporting only his/her income and deductions.

Form 514 is used for amended returns also. If this is an amended return, place an 'X' in the box located at the top of Form 514, page 1. Enter on line 9 any amount paid with the original return plus any amount paid after it was filed. Enter on line 10 any refund previously received or overpayment applied.