State of Oklahoma
Oklahoma Capital Gain Deduction
561F
2
0
for Trusts and Estates Filing Form 513
1
5
(Qualifying Assets Held for the Applicable Holding Period)
Name as Shown on Return
Federal Employer Identification Number
1. List qualifying Oklahoma capital gains and losses, not included on lines 2 through 5 below.
B. Date
C. Date Sold
D. Proceeds
E. Cost or Other
F. Gain or (loss)
A1. Description of Property
Basis minus
(Sales Price)
Combine Columns
Acquired
(mm/dd/yy)
A2. Oklahoma Location/Address
Adjustments to
(mm/dd/yy)
(D) and (E)
or Federal ID Number
Gain or Loss
(See instructions)
A1)
A2)
A1)
A2)
A1)
A2)
A1)
A2)
2.
Qualifying Oklahoma capital gain from installment sales reported on Federal Schedule D, line 11.
2
Enclose a copy of Federal Form 6252 ..............................................................................................
3.
Other qualifying Oklahoma net capital gain or (loss) reported on Federal Schedule D, line 11,
3
not included on line 2 above. Enclose a copy of the applicable Federal form(s) ............................
4.
Qualifying Oklahoma net capital gain or (loss) from partnerships, S corporations, and other estates
or trusts reported on Federal Schedule D, line 12. (Complete the worksheet on page 2 and
4
enclose a copy of the Federal Schedule K-1) ..................................................................................
5.
Qualifying Oklahoma net capital gain from sale of business property reported on Federal Schedule
D, line 14. Enclose a copy of Federal Form 4797 (If gain/loss is from a Federal K-1, complete
5
the worksheet on page 2 and enclose a copy of the Federal Schedule K-1)................................
6
6.
Add amounts in Column F on line 1 and lines 2 through 5...................................................................
7
7.
Qualifying Oklahoma capital loss carryover reported on Federal Schedule D, line 15 ........................
8.
Qualifying Oklahoma net capital gain. Subtract line 7 from line 6.
8
(If zero or less, enter “0”) ......................................................................................................................
9.
Net capital gain included in Oklahoma income
9
(If zero or less, enter “0”) ......................................................................................................................
10. Oklahoma Capital Gain Deduction. Enter the smaller of lines 8 or 9 here and on Form 513, Part 1,
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Column B, line 17. (Do not enter less than zero) .................................................................................
Enclose Federal Form 1041, Schedule D and Form(s) 8949