Get Oklahoma Form 500 B

The Oklahoma Form 500 B is an essential document for nonresident members of pass-through entities, required to report income tax withheld. This guide provides clear instructions on how to fill out the form accurately and efficiently, especially when using digital means.

Follow the steps to complete the Oklahoma Form 500 B online.

1. Click ‘Get Form’ button to obtain the form and open it in the editor.
2. Enter the tax year end date of the partnership, S corporation, LLC, or trust in the designated field.
3. In Part A, provide the name of the pass-through entity and select the type of taxpayer from the options provided.
4. Indicate the type of ownership, such as Partnership, S Corporation, LLC, Trust, or Other, and if applicable, specify the type.
5. Input the federal identification number of the entity.
6. For Part B, enter the Social Security number or federal identification number of the nonresident member.
7. Fill out the street address, city, state, and zip code for both the entity and the nonresident member.
8. In Part C, record the total amounts distributed from Oklahoma sources, followed by the Oklahoma income tax withheld.
9. Ensure that all fields are completed accurately, as this information will substantiate the tax withholding during filing.
10. Prepare four copies of the completed Form 500 B for distribution as specified in the instructions.

Complete your forms online to ensure accuracy and expedite your filing process.