Oklahoma Business Corporate Tax, Oklahoma Personal Income Tax, Oklahoma Sales Tax Rates
What is the Oklahoma Corporate net income tax rate(s)?
6%. Plus an Oklahoma Business Activity Tax of $1.25 for every $1000 of assets in Oklahoma or $25, whichever is greater.
What is the Oklahoma personal net income tax rate(s)?
What is the average Oklahoma sales tax rate(s)?
8.44%. The state has a 4.5% tax, but the average local tax is 3.94% making a total of 8.44%.
Are there standard deductions?
Are there personal exemptions?
What forms do you file for your Oklahoma taxes?
C corporations: Form 512
Estimated tax payments?
Form OW-8-ES for personal payments. Oklahoma follows the IRS standards for estimated payments. If you will owe $500 or more in tax for the current year, you are required to make 90% of the tax due, over quarterly payments. It has to be at least 100% of the previous year, even if you think you won't make as much in the current year.
Oklahoma Department of Revenue:
If you use Northwest Registered Agent as your registered agent, you'll have an online account to track your company in, receive notification reminders to file your annual reports on time, annual tax reminders, and new State information reminders. All for a low annual flat rate fee of $125 a year. We also help incorporate new Oklahoma businesses for only $100.
Northwest Registered Agent, LLC.
Oklahoma City, OK 73112