View Changes And Revision History Of Legal Oklahoma Franchise Forms For Free

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 ...

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.

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.

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.

You can change your filing date by filing Form 200-F (Request to Change Franchise Tax Filing Period) by mail or online using OkTAP, Oklahoma's online filing system, by July 1st. After you have filed the request to change your filing period, you will not need to file this form again.

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.