Form 511 - Oklahoma Resident Individual Income Tax Forms And Instructions - 2014 Page 7
Download a blank fillable Form 511 - Oklahoma Resident Individual Income Tax Forms And Instructions - 2014 in PDF format just by clicking the "DOWNLOAD PDF" button.
Open the file in any PDF-viewing software. Adobe Reader or any alternative for Windows or MacOS are required to access and complete fillable content.
Complete Form 511 - Oklahoma Resident Individual Income Tax Forms And Instructions - 2014 with your personal data - all interactive fields are highlighted in places where you should type, access drop-down lists or select multiple-choice options.
Some fillable PDF-files have the option of saving the completed form that contains your own data for later use or sending it out straight away.
ADVERTISEMENT
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40Top of Form Instructions
C
G
Amended Return
Not Required to File
Place an ‘X’ in the box if you are filing an amended return. Use
Place an ‘X’ in the box, if you do not have sufficient gross income
lines 30 and 32 to report tax previously paid and/or previous
to require you to file a federal return, and you had Oklahoma tax
overpayments. Complete Schedule 511-H.
withheld, made estimated tax payments, qualify for the Natural
Disaster Tax Credit, qualify for Oklahoma earned income credit or
D
other refundable credits.
Name and Address
Finish the top portion of the return by completing the “Exemptions”
section (part H on the diagram on page 6).
Print or type the first name, middle initial and last name for both
yourself and spouse, if applicable. Complete the address portion
Complete line 1. Enter the amount of your gross income subject to
including an apartment number and/or rural route, if applicable.
the federal filing requirement. In most cases this will be the same
as your Federal Adjusted Gross Income. (Do not complete lines
What About Deceased Taxpayers?
2-19.) Complete lines 20 through 44 that are applicable to you.
If you qualify for the Federal Earned Income Credit, you qualify
If a taxpayer died before filing a return, the executor, administra-
for the Oklahoma Earned Income Credit. Enter 5% of the Federal
tor or surviving spouse may have to file a return for the decedent.
Earned Income Credit on Form 511, line 28 (do not complete
Place an ‘X’ in the appropriate box in the SSN area.
schedule 511-F).
E
Filing Status
Sign and mail the return. Be sure to include your W-2, 1099
or other withholding statement to substantiate any Oklahoma
withholding.
The filing status for Oklahoma purposes is the same as on the
Note: If you do not have sufficient gross income to require you to file a
federal income tax return, with one exception. This exception
federal return and did not have Oklahoma tax withheld, make estimated tax
applies to married taxpayers who file a joint federal return where
payments, qualify for the Natural Disaster Tax Credit, qualify for Oklahoma
one spouse is a full-year Oklahoma resident (either civilian or
earned income credit or other refundable credits, do not file an Oklahoma
military), and the other is a full-year nonresident civilian (non-
income tax return (Form 511).
military). In this case, the taxpayers must either:
H
Exemptions
1. File as Oklahoma married filing separate. The Oklahoma
resident, filing a joint federal return with a nonresident
To the right of the word “Yourself” place a number “1” in all the
civilian spouse, may file an Oklahoma return as married filing
boxes that apply to you. Next total the boxes. Then do the same for
separate. The resident will file on Form 511 using the married
your spouse if applicable.
filing separate rates and reporting only his/her income and
Exemption Terms
deductions. If the nonresident civilian also has an Oklahoma
filing requirement, he/she will file on Form 511NR, using married
Regular*: The same exemptions as claimed on your federal return.
filing separate rates and reporting his/her income and deductions.
Special: An additional exemption may be claimed for each
Form 574 “Allocation of Income and Deductions” must be filed
taxpayer or spouse who meets the qualifications based on filing
with the return(s). You can obtain this form from our website at
status and Federal Adjusted Gross Income limits** below and who
is 65 years of age or over at the close of the tax year:
-OR-
(1) Single return with line 1 equal to $15,000 or less.
2. File as if both the resident and the nonresident civilian were
(2) Joint return with line 1 equal to $25,000 or less.
Oklahoma residents on Form 511. Use the “married filing joint”
(3) Married filing separate return with line 1 equal to $12,500 or less.
filing status, and report all income. A tax credit (Form 511TX)
(4) Head of household return with line 1 equal to $19,000 or less.
may be used to claim credit for taxes paid to another state, if
applicable. A statement should be attached to the return stating
**Note: If your Federal Adjusted Gross Income includes income from
the nonresident is filing as a resident for tax purposes only.
the conversion of a traditional individual retirement account to a Roth
individual retirement account this income shall be excluded in deter-
If an Oklahoma resident (either civilian or military) files a joint
mining the Federal Adjusted Gross Income limits.
federal return with a nonresident military spouse, they shall use
Enclose a copy of your federal return and Form 8606.
the same filing status as on the federal return. If they file a joint
Blind: An additional exemption may be claimed for each taxpayer or
federal return, they shall complete Form 511NR and include in
spouse who is legally blind.
the Oklahoma amount column, all Oklahoma source income of
Dependents: If claiming dependents, enter the same number as
both the resident and the nonresident.
on your federal return. However, if the nonresident spouse also has
F
an Oklahoma filing requirement and is filing separately on Form
Sixty-five or Over
511NR, the dependency exemptions will be allocated between the
resident’s and nonresident’s returns.
*
Place an ‘X’ in the box(es) if your, or your spouse’s, age is 65 on
NOTE: If you may be claimed as a dependent on another return,
or before December 31, 2014. If you turned age 65 on January 1,
enter zero for your regular exemption. You still qualify for the Okla-
2015, you are considered to be age 65 at the end of 2014.
homa standard deduction.
7
ADVERTISEMENT
0 votes
Related Articles
Related forms
Related Categories
Parent category: Financial