Oklahoma Discounts, Credits & Tubulars
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How to fill out Discounts, Credits & Tubulars?
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FAQ
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)
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.
If you have any questions concerning the validity of a document or a claimed exemption, or need to verify sales tax and agricultural exemption permits - contact 405.521. 3160.
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.
Under the Oklahoma Parental Choice Tax Credit Act, created through passage of House Bill 1934 this year, all families in Oklahoma are eligible for refundable tax credits of $5,000 to $7,500 per child to pay for private-school tuition with the largest tax credits going to lower-income families.