Get Ok Otc 901 2023-2026

The OK OTC 901 is a form required for reporting business personal property in Oklahoma. This guide provides a clear and detailed walkthrough to assist users in completing the form online accurately and efficiently.

Follow the steps to fill out the OK OTC 901 online.

1. Click ‘Get Form’ button to obtain the form and open it in the editor.
2. Begin by filling out the information in Part One: Start Here. Input your business name or 'Doing Business As' (DBA), phone number, email address, mailing address, city, state, and ZIP code. Make sure your Federal Employer Identification Number (FEIN) is included, along with your type of business.
3. Indicate whether other businesses are included in this rendition by selecting 'Yes' or 'No'. If you select 'Yes', list those businesses in the provided field.
4. Enter the physical location if different from the mailing address and answer if you are still in business at that location. Indicate whether you are renting or leasing the business location.
5. Answer the question regarding whether you own any real estate improvements at the location, along with the date you started the business at this location.
6. Instruct users to report only tangible assets by confirming 'Yes' or 'No' and provide date information for any disposed or sold assets. If applicable, provide the occupied square footage at the location.
7. Move to Part Two for Oklahoma Taxable Fixed Assets. Fill in each section, entering the original cost or replacement cost new of the listed assets such as leasehold improvements, furniture, electronic and computer equipment, machinery, and tools.
8. In Part Three, report your Oklahoma Taxable Inventory. Calculate the average inventory and provide total values, including exemptions, if applicable.
9. Complete Parts Four, Five, and Six for any additions, deletions during the reporting year, and beginning or monthly inventory. Make sure to track the year acquired and original costs.
10. Finally, ensure all signatures are collected. Users must sign and date the form, including returning preparer details if applicable. After reviewing everything, you can then save changes, download, print, or share the form.

Complete your OK OTC 901 form online today to ensure compliance and avoid penalties.