511 Packet
What form is used to file for Sales Tax credit ($40)
Form 538-S
Is rental or lease of tangible personal property taxable?
yes, subject to sales tax. 710-65-1-11
what was the effective date for Groceries tax?
August 29th, 2024.
Sellers who do not maintain a place of business in Oklahoma are call?
Remote Sellers
How long after can a taxpayer create an OkTap account?
24hrs after registration.
What is the correct % of earned income for the state?
5% of the federal
Are newspapers and periodicals taxable?
No. 710:65-13-190
what was the HB for groceries tax?
HB 1955
What is the Uniform sales and use tax certificate call?
Multi-Jurisdiction
Who gets a 1099G
Any taxpayer that itemized on the return
What line on the 511 return is underpayment of estimated tax ?
Line 39
Is furnishing equipment with an operator taxable?
No, this is not subject to tax as it is consider a service.
What is the Statue for Parental choice tax credit?
Title 70, Oklahoma statues, section 28-101
In the rates and codes, what does # denotes?
Denotes Use Tax is due for sales in the city or county.
Where can taxpayer's register their business online?
Business and click on Register for a Business.
What are the 3 letters included 1099, in the Federal Civil Service Retirement in Lieu of Social Security
CSA or CSF
Are sales of prosthetic devices or durable medical equipment subject to sales tax?
When administered or prescribed by practitioner authorized by law items are exempt from sales tax.
710:65-13-171
What is the first step on Parental Choice tax credit?
Step 1 school participation, Eligible private schools that wish to participate in the PCTC program must register with the Oklahoma Tax Commission on OkTap.
How many Tulsa cities are listed in the rates/copo?
We have 7281
7381
5781
What is form 507 submitted for?
Anyone claiming an income tax refund on behalf of a deceased taxpayer must file form 507.
What age do you have to be to claim credit for property tax relief?
Age 65
When is an example where a Contractor may make a purchase tax exempt?
Contractor who has a public contract with an Oklahoma municipality, county, public school, city county ....
710:65-7-13
Who can issue a letter of good standing upon verification that the corporation is in compliance with franchise tax filings, payments and registered agent fees.
Oklahoma Tax Commission
When the seller charges use tax on products when they are purchased by the consumer, what are they called?
Vendor
Who can use a Fleet Card?
All government employees who are employees of this state, institutions and subdivisions or of the United States government. 710:65-13-130