{"id":2237,"date":"2010-09-01T12:36:57","date_gmt":"2012-09-07T20:05:36","guid":{"rendered":"\/oklahoma-state-taxes"},"modified":"2025-02-11T10:52:50","modified_gmt":"2025-02-11T18:52:50","slug":"oklahoma-state-taxes","status":"publish","type":"post","link":"https:\/\/www.irs.com\/en\/oklahoma-state-taxes\/","title":{"rendered":"Oklahoma State Taxes"},"content":{"rendered":"<p><strong><br \/>\nOklahoma State Tax ? Individual Income Tax<\/strong><\/p>\n<p>The individual income tax rates for Oklahoma are as follows:<\/p>\n<ul>\n<li> 0.5% on the first $1,000 of taxable income<\/li>\n<li> 1% on taxable income between $1,001 and $2,500<\/li>\n<li> 2% on taxable income between $2,501 and $3,750<\/li>\n<li> 3% on taxable income between $3,751 and $4,900<\/li>\n<li> 4% on taxable income between $4,901 and $7,200<\/li>\n<li> 5% on taxable income between $7,201 and $8,700<\/li>\n<li> 5.5% on taxable income of $8,701 or more<\/li>\n<\/ul>\n<p><strong>Oklahoma State Tax ? Corporate Tax<\/strong><\/p>\n<p>Oklahoma&#8217;s corporate income tax has a flat rate of 6% on all corporate income.<\/p>\n<p>Oklahoma also imposes an annual <em>Franchise Tax<\/em> on corporations doing business in the state, at a rate of $1.25 for each $1,000 of capital invested\/used in Oklahoma.<\/p>\n<p><strong>Oklahoma State Tax ? Sales &amp; Use Tax<\/strong><\/p>\n<p>The state <em>sales tax<\/em> rate is 4.5% on the retail sales of taxable items. The <em>use tax<\/em> is a component of the sales tax ? it has the same rate and applies to transactions for which sales tax has not been properly collected. Individuals are personally responsible for paying use tax on their out-of-state purchases. Most Oklahoma counties and cities impose additional local sales\/use tax rates.<\/p>\n<p><strong>Oklahoma State Tax ? Property Tax<\/strong><\/p>\n<p>Property tax is a local tax. All real and personal property is subject to taxation in Oklahoma, unless specifically exempted by law. County officials determine the fair market value of property and rates are set based on the Oklahoma Constitution and voter-approved levies. Revenue collected from property taxes goes to local schools and public services.<\/p>\n<p><strong>Oklahoma State Tax Forms<\/strong><\/p>\n<p><span style=\"text-decoration: underline\">Form 511<\/span> (Individual Resident Income Tax Return)<br \/>\n<span style=\"text-decoration: underline\">Form 511NR<\/span> (Individual Nonresident\/Part-Year Resident Income Tax Return)<br \/>\n<span style=\"text-decoration: underline\">Form 511-V<\/span> (Oklahoma Individual Income Tax Payment Voucher)<br \/>\n<span style=\"text-decoration: underline\">Form OW-8-ES<\/span> (Estimated Tax Declaration for Individuals)<br \/>\n<span style=\"text-decoration: underline\">Form 504<\/span> (Application for Extension of Time to File)<br \/>\n<span style=\"text-decoration: underline\">Form 511X<\/span> (Amended Resident Individual Income Tax Return)<br \/>\n<span style=\"text-decoration: underline\">Form 21-1<\/span> (Oklahoma Consumer Use Tax Report)<br \/>\n<span style=\"text-decoration: underline\">Form 200<\/span> (Oklahoma Annual Franchise Tax Return)<\/p>\n<p><strong>Oklahoma State Tax Resources<\/strong><\/p>\n<p>Oklahoma Tax Commission: <a href=\"http:\/\/www.oktax.state.ok.us\/\" target=\"_blank\" rel=\"noopener nofollow\">www.oktax.state.ok.us<\/a><\/p>\n<p>Oklahoma Tax Commission E-File (electronic filing): <a href=\"https:\/\/www.ok.gov\/tax\/Individuals\/Income_Tax\/E-File_Options\/\" target=\"_blank\" rel=\"noopener nofollow\">www.ok.gov\/tax\/Individuals\/Income_Tax\/E-File_Options\/<\/a><\/p>\n<p>Oklahoma Income Tax Withholding Tables: <a href=\"https:\/\/www.ok.gov\/tax\/Forms_&#038;_Publications\/Publications\/Withholding\/index.html\" target=\"_blank\" rel=\"noopener nofollow\">ok.gov\/tax\/Forms_&#038;_Publications\/Publications\/Withholding\/index.html<\/a><\/p>\n<p>Tax Rates and Codes for Sales, Use, and Lodging Tax: <a href=\"https:\/\/www.ok.gov\/tax\/Businesses\/Tax_Types\/Business_Sales_Tax\/Sales_Use_Lodging_Tax_Rate_Charts\/\" target=\"_blank\" rel=\"noopener nofollow\">ok.gov\/tax\/Businesses\/Tax_Types\/Business_Sales_Tax\/Sales_Use_Lodging_Tax_Rate_Charts\/<\/a><\/p>\n<p>Oklahoma County Property Tax Rates\/Millages: <a href=\"http:\/\/www.oklahomacounty.org\/assessor\/taxrates.htm\" target=\"_blank\" rel=\"noopener nofollow\">www.oklahomacounty.org\/assessor\/taxrates<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oklahoma State Tax ? Individual Income Tax The individual income tax rates for Oklahoma are as follows: 0.5% on the first $1,000 of taxable income 1% on taxable income between $1,001 and $2,500 2% on taxable income between $2,501 and $3,750 3% on taxable income between $3,751 and $4,900 4% on taxable income between $4,901 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":2238,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[35],"tags":[],"class_list":["post-2237","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-state-tax-returns"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.irs.com\/en\/wp-json\/wp\/v2\/posts\/2237","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.irs.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.irs.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.irs.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.irs.com\/en\/wp-json\/wp\/v2\/comments?post=2237"}],"version-history":[{"count":1,"href":"https:\/\/www.irs.com\/en\/wp-json\/wp\/v2\/posts\/2237\/revisions"}],"predecessor-version":[{"id":3306,"href":"https:\/\/www.irs.com\/en\/wp-json\/wp\/v2\/posts\/2237\/revisions\/3306"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.irs.com\/en\/wp-json\/wp\/v2\/media\/2238"}],"wp:attachment":[{"href":"https:\/\/www.irs.com\/en\/wp-json\/wp\/v2\/media?parent=2237"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.irs.com\/en\/wp-json\/wp\/v2\/categories?post=2237"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.irs.com\/en\/wp-json\/wp\/v2\/tags?post=2237"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}