Form 574
Oklahoma Resident/Nonresident Allocation
Part II:
Itemized Deductions
Round to the nearest dollar
A
=
B
+
C
from Federal Schedule A
Federal Amount
Resident Amount
Nonresident Amount
Medical and Dental Expenses
00
1 Medical and dental expenses . .........
1
2 Enter your Federal adjusted gross
00
income . ............................................
2
00
3 Multiply line 2 above by 7.5% (.075) .
3
4 Subtract line 3 from line 1.
00
00
00
If line 3 is more than line 1, enter “0”.
4
4
4
Taxes You Paid
00
5 State and local taxes .......................
5
00
6 Real estate taxes . ............................
6
00
7 Personal property taxes .................
7
8 Other taxes: List type and amount:
00
___________________________ ..
8
00
00
00
9 Add lines 5 through 8 ......................
9
9
9
Interest You Paid
10 Home mortgage interest and points
00
reported to you on Form 1098 . ........
10
11 Home mortgage interest not reported
00
to you on Form 1098 .......................
11
12 Points not reported to you on Form
00
1098 ................................................
12
13 Qualified mortgage insurance
00
premiums . ........................................
13
00
14 Investment interest ..........................
14
00
00
00
15
15
15
15 Add lines 10 through 14 ..................
Gifts to Charity
00
16 Gifts by cash or check .....................
16
00
17 Gifts by other than cash or check . ...
17
00
18 Carryover from prior year ................
18
00
00
00
19 Add lines 16, 17 and 18 . ..................
19
19
19
Casualty and Theft Losses
00
00
00
20 Casualty or theft loss(es) . ...............
20
20
20
Job Expenses and Most Other
Miscellaneous Deductions
21 Unreimbursed employee
expenses - job travel, union dues,
00
job education, etc. ...........................
21
00
22 Tax preparation fees . .......................
22
23 Other expenses - investment, safe
00
deposit box, etc. ..............................
23
24 Add lines 21 through 23 ..................
00
24
00
25 Enter Federal adjusted gross income
25
00
26 Multiply line 25 above by 2% (.02) ..
26
27 Subtract line 26 from line 24. If line
00
00
00
26 is more than line 24, enter “0” ....
27
27
27
Other Miscellaneous Deductions
28 Other. List type and amount:
____________________________ .
00
00
00
28
28
28
Total Itemized Deductions
29 Is your Federal adjusted gross
income over $159,950 (over $79,975
00
00
00
if married filing separate)? . ..............
29
29
29
No: Your deduction is not limited. Add lines 4, 9, 15, 19, 20, 27, and 28. Enter the total on line 29.
Yes: Your deduction may be limited. On line 29, enter the amount from the Federal Itemized Deductions Worksheet.