Get Ok Form 512-s 2024-2026

This guide provides step-by-step instructions for filling out the Oklahoma Small Business Corporation Income Tax Return Form 512-S online. Following these instructions will ensure your form is completed accurately and submitted on time.

Follow the steps to complete the OK Form 512-S online.

1. Click ‘Get Form’ button to obtain the form and open it in the editor.
2. Fill in the corporate name, Federal Employer Identification Number, and business address in the appropriate fields.
3. Indicate the type of return being filed (Initial, Final, Amended) by placing an ‘X’ in the corresponding box on page 1.
4. Complete Part One, Section One to calculate the taxable income, ensuring to include all required information and documentation for nonresident shareholders, if applicable.
5. Move on to Section Two to fill in any estimates and any applicable Oklahoma withholding information, providing the necessary statements for verification.
6. In Section Three, indicate any overpayment that is to be refunded or credited towards your 2025 estimated income tax.
7. For Section Four, calculate any amounts owed, including potential penalties for underpayment or late submission.
8. Proceed to Part 2 to report ordinary income from trade or business and input all required income and expenses as per federal and state guidelines.
9. Complete Part 3 to detail shareholders’ pro rata share items, ensuring to include each shareholder's share of the net income.
10. Finalize your form by reviewing all information entered for accuracy, making sure to attach all necessary schedules and forms.
11. Save your changes, download, print, or share the form as needed.

E-file your 512-S right now for faster processing!