Get 2023 Form 538-S Claim For Credit Refund Of Sales Tax

68-5010 sections 1-7: To file for sales tax relief, you must be an Oklahoma resident and physically live in Oklahoma for the entire year. Your total gross household income cannot exceed $20,000 unless one of the following applies: You can claim an exemption for your dependent, or.

The refundable personal income tax credit for sales tax paid is in the amount of $40 per person and is available to childless households with a total income of $20,000 or less and households with children, a person at least 65 years of age, or a physically disabled person and a total income of up to $50,000.

13204: OK - Sales Tax Relief Credit Form 538S The Sales Tax Relief Credit 538-S can be e-filed only when accompanied by OK Form 511. OK 538-S can be printed and mailed to the address provided in the OK 511 instructions only if you are not required to file an Oklahoma income tax return.

NOTE: State law requires the State of Oklahoma to issue refunds via direct deposit. You will need to download and complete Form ARDD-100 Refund Direct Deposit found at tax.ok.gov. Mail Form ARDD-100 to the address listed on the form. 1. Instructions for claimants who do not hold Oklahoma permits.

Tax-exempt customers Some customers are exempt from paying sales tax under Oklahoma law. Examples include government agencies, some nonprofit organizations, and merchants purchasing goods for resale. Sellers are required to collect a valid exemption or resale certificate from buyers to validate each exempt transaction.

The refundable credit relieves property taxes exceeding a threshold of 1% of income if gross income is $12,000 or less. The maximum benefit is $200. The benefit is disbursed as an income tax credit or as a direct rebate if the claimant is not required to file an income tax return.

NOTE: State law requires the State of Oklahoma to issue refunds via direct deposit. You will need to download and complete Form ARDD-100 Refund Direct Deposit found at tax.ok.gov. Mail Form ARDD-100 to the address listed on the form. 1. Instructions for claimants who do not hold Oklahoma permits.

Sales Tax Relief Credit You must be an Oklahoma resident for the entire year and your total gross household income cannot exceed $20,000 unless: You can claim an exemption for your dependent. You are 65 years of age or older by 12/31/2023. You have a physical disability (handicap to employment)