Get Otc 988

The Otc 988 form is an essential application for obtaining an ad valorem tax exemption for charitable and nonprofit entities in Oklahoma. This guide will walk you through the necessary steps to successfully complete the form online, ensuring you provide all required information.

Follow the steps to complete the Otc 988 application

1. Press the ‘Get Form’ button to access the online application and open it in the editor.
2. Fill out the applicant's information, including the name of the charitable organization and the mailing address. Ensure the details are accurate as they are crucial for correspondence.
3. Provide the name and title of the person preparing the application, along with their phone number. This person will be contacted for any additional information.
4. Identify the real and personal property related to the application by filling in the owner's name, physical address, and legal description. Include the record of deed information—date, book, and page number.
5. Answer the questions regarding the organization's tax-exempt status, nonprofit incorporation, annual registration with the Secretary of State, and ownership of personal property. Attach supporting documents as needed.
6. In the property usage section, provide detailed explanations for the usage of the claimed exempt property and income derived from it. Address the facility's operation regarding profit and patron treatment.
7. Attach all necessary supporting documents, including IRS confirmation of 501(c)(3) status and Oklahoma Secretary of State filings.
8. Designate a contact person for any further inquiries, supplying their name, title, address, city, state, zip code, and phone number.
9. Complete the affidavit section, stating that all information provided is true and correct. Include the signature of the authorized representative and the notarization details.
10. Once completed, review the application for any errors, and proceed to save your changes, download a copy, or print the form for submission.

Complete your Otc 988 application online today for a smooth process.