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Form 511 Oklahoma Resident Income Tax Return and Sales Tax Relief Credit Form. Share Tweet Pin Mail SMS. INSTRUCTIONS: OKLAHOMA RESIDENT INCOME TAX RETURN AND CLAIM FOR CREDIT/REFUND OF SALES TAX (Form 511) Oklahoma residents can file their state income tax using a form 511.

Every resident individual whose gross income from both within and outside of Oklahoma exceeds the standard deduction plus personal exemption is required to file an Oklahoma income tax return. ... Every nonresident with Oklahoma source gross income of $1,000 or more is required to file an Oklahoma income tax return.

The Standard Deduction for employees who claim Single or Head of Household has changed from $3,000 to $4,600. The Standard Deduction for employees who claim Married Filing a Separate Return or Married Filing a Joint Return - Both Spouses Working has changed from $1,500 to $3,000.

Oklahoma State Income Tax Return forms for Tax Year 2018 (Jan. 1 - Dec. 31, 2018) can be e-Filed together with an IRS Income Tax Return until October 15, 2019. In January 2020, you can e-File Tax Year 2019.

Oklahoma does not have provisions for a composite return. The S corporation must provide nonresident shareholders a Form 500-B. By the due date (including extensions) of its income tax return. Showing their respective amount of income and tax withheld.

What are my Oklahoma Military and Veterans State Tax Benefits? Oklahoma Income Tax Exemption for Military Wages: An Oklahoma resident who is a member of any component of the Armed Services may exclude 100% of his/her taxable active duty military pay.

Filing Income Taxes in Oklahoma The standard deduction for Oklahoma taxpayers is $6,300 ($12,600 if married and filing jointly), or $9,300 for head of household (current for the 2016 tax year). See the Oklahoma Tax Commission's page on individual general filing information for more details.

Employers are required to file Forms W-2 electronically over the Oklahoma Taxpayer Access Point (OKTap) electronic reporting system.

None of the yearly fees you pay to register your car in Oklahoma is deductible as personal property tax as the fees are not based on the value of your car. However, the excise tax you pay in Oklahoma when you purchase a vehicle is deductible as part of the general sales tax.

An excise tax isn't deductible if it's for a personal expense. You can deduct as a business expense excise taxes that are ordinary and necessary expenses of carrying on your trade or business. ... Include state and local sales tax, or any excise tax paid on the purchase of a vehicle as part of the cost of the vehicle.

Can I deduct an excise tax? Generally speaking, true excise taxes cannot be deducted on your personal return. This would include things like fuel tax and excise taxes paid to your city or state when you sell your home. Excise taxes that are necessary to conduct business can usually be deducted as a business expense.

To deduct the value-based portion of your registration fee, you must itemize your deductions using federal Schedule A. Car fees go on the line for "personal property taxes." ... Nevertheless, if the fee is value-based and assessed on a yearly basis, the IRS considers it a deductible personal property tax.

Standard vehicle excise tax is assessed as follows: New Vehicle: 3.25% of the purchase price (or taxable value, if different) Used Vehicle: $20.00 on the 1st $1500.00 of value + 3.25% of the remainder.

Oklahoma residents are required to file an Oklahoma income tax return when they have enough income that they must file a federal income tax return. Nonresidents are also required to file an Oklahoma income tax return if they have at least $1,000 of income from an Oklahoma employer or other source.