Oklahoma Form 511 PDF Details

The Oklahoma 511 form plays a crucial role in the lives of the state's residents, encompassing all aspects required for accurately filing the annual Resident Income Tax Return for the 2020 tax year. It meticulously guides taxpayers through the process, from identifying personal information and determining the correct filing status, such as single or married filing jointly, to calculating Oklahoma Adjusted Gross Income (AGI) by factoring in specific subtractions and additions relevant to state tax regulations. The form ensures comprehensiveness in addressing Oklahoma taxable income, tax, and credits, including detailed schedules for adjustments, itemized deductions, and applicable credits like those for child care or earned income. Additionally, it outlines directions for calculating refunds or amounts owed, taking into account tax payments, credits, and any use tax obligations on out-of-state purchases. Furthermore, it provides opportunities for taxpayers to directly support community causes through donations from their refunds. By adhering to the detailed instructions and utilizing the associated schedules, residents can navigate their tax obligations with clarity, ensuring compliance with state tax laws while potentially maximizing their refunds or minimizing liabilities.

QuestionAnswer
Form NameOklahoma Form 511
Form Length7 pages
Fillable?No
Fillable fields0
Avg. time to fill out1 min 45 sec
Other namesoklahoma 511 resident income tax, oklahoma 511 resident tax return, form 511 oklahoma 2020, ok 511

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Form 511

 

 

 

Oklahoma Resident Income Tax Return

2020

 

 

 

 

Your Social Security Number

Place an ‘X’ in this box if this taxpayer is deceased

Spouse’s Social Security Number

(joint return only)

Place an ‘X’ in this box if this taxpayer is deceased

AMENDED RETURN!

Place an ‘X’ in this box if this is an amended 511. See Schedule 511-I.

Name and Address - Please Print or Type

Your first name

Middle initial Last name

If a joint return, spouse’s first name

Middle initial Last name

 

 

 

 

 

 

 

 

Mailing address (number and street, including apartment number, rural route or PO Box)

City

 

State

ZIP

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

1

 

Single

 

 

 

 

 

 

 

2

 

Married filing joint return (even if only one had income)

 

 

Status

3

 

Married filing separate

 

 

 

 

 

 

 

(If spouse is also filing, list name and SSN in the boxes

 

 

 

 

 

 

 

Name

SSN

Filing

 

 

 

 

 

 

 

4

 

Head of household with qualifying person

 

 

 

 

 

5

 

Qualifying widow(er) with dependent child

 

 

 

 

 

• Please list the year spouse died in box at right:

 

 

 

 

 

 

 

*Note: If claiming Special Exemption, see instructions on page 9 of 511 Packet.

 

 

 

Regular *Special

 

Blind

 

 

 

 

 

 

Exemptions

Yourself

 

 

 

 

 

 

 

 

 

 

 

 

(a)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(b)

Add the

Totals from

boxes (a),

(b)

and (c).

 

 

 

 

 

 

 

Spouse

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Number of dependents

 

 

 

 

 

(c)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Enter the TOTAL here:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Note: If you may be claimed as a dependent on another return, enter “0” in the Total box for your regular exemption.

Age 65 or Older? (Please see instructions)

 

Yourself

 

Spouse

 

 

 

 

 

 

 

 

 

 

 

 

PART ONE: TO ARRIVE AT OKLAHOMA ADJUSTED GROSS INCOME

 

Round to Nearest Whole Dollar

 

 

 

 

 

 

1

Federal adjusted gross income (from Federal 1040 or 1040-SR)

1

 

 

00

2

Oklahoma Subtractions (provide Schedule 511-A)

 

 

00

3

Line 1 minus line 2

 

 

00

4

Out-of-state income, except wages. Describe (4a)

 

 

 

 

 

(Provide Federal schedule with detailed description; see instructions) ____________________________________ ...

4b

 

 

00

5

Line 3 minus line 4b

 

 

00

6

Oklahoma Additions (provide Schedule 511-B)

 

 

00

7

Oklahoma adjusted gross income (line 5 plus line 6)

 

 

00

 

(If line 7 is different than line 1, provide a copy of your Federal return.)

 

 

 

 

 

 

 

 

 

PART TWO: OKLAHOMA TAXABLE INCOME, TAX AND CREDITS

 

8

Oklahoma Adjustments (provide Schedule 511-C)

 

 

 

 

 

8

 

 

00

 

 

9

Oklahoma income after adjustments (line 7 minus line 8)

 

 

 

 

 

9

 

 

00

 

 

STOP AND READ: If line 4b is zero, complete lines 10-11. If line 4b is more than zero, see Schedule 511-E and do not complete lines 10-11.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

10

Oklahoma itemized deductions (from Schedule 511-D, line 11) or Oklahoma standard deduction

 

 

 

 

 

 

 

 

 

 

(Single or Married Filing Separate: $6,350 • Married Filing Joint or Qualifying Widow(er): $12,700 •

10

 

 

 

 

 

 

 

 

 

 

00

 

 

 

 

Head of Household: $9,350)

 

 

 

 

 

 

 

 

 

11

Exemptions: Enter the total number of exemptions claimed above

 

................X $1,000

11

 

 

00

 

 

12

Total deductions and exemptions (add lines 10 and 11 or amount from Sch. 511-E, line 5)

 

 

 

 

 

12

 

 

00

 

 

13

Oklahoma Taxable Income (line 9 minus line 12)

 

 

 

 

 

13

 

 

00

 

 

14

(a) Oklahoma Income Tax from Tax Table (see pages 27-38 of instructions) or if using Farm Income Averaging,

 

 

 

 

 

 

 

 

 

 

enter tax from Form 573, line 22 and enter a “1” in box on line 14

 

 

 

 

 

 

 

 

14a

 

 

 

 

 

 

 

 

 

 

 

 

00

 

 

 

 

 

 

 

 

 

 

(b) If paying the Health Savings Account additional 10% tax, add additional tax here

 

 

 

 

 

 

 

 

 

 

 

 

 

and enter a “2” in box on line 14. If recapturing the Oklahoma Affordable Housing

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Tax Credit, add recaptured credit here and enter a “3” in box on line 14. If making

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

an Oklahoma installment payment pursuant to IRC Section 965(h) and 68 O.S. Sec.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2368(K), add the installment payment here and enter a “4” in the box on line 14

 

 

 

 

 

 

00

14b

 

 

 

 

 

 

 

 

Oklahoma Income Tax (line 14a plus line 14b)

 

 

 

 

 

 

 

 

14

 

 

00

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

STOP AND READ: If line 7 is equal to or larger than line 1, complete lines 15 and 16. If line 7 is smaller than line 1, complete Schedules 511-F and 511-G.

 

 

 

 

 

 

 

 

15

...........................................................................................Oklahoma child care/child tax credit (see instructions)

 

 

 

 

 

15

 

 

00

 

 

16

.................................................................................................Oklahoma earned income credit (see instructions)

 

 

 

 

 

16

 

 

00

 

 

17

Credit for taxes paid to another state (provide Form 511TX)

 

 

 

 

 

17

 

 

00

 

 

18

Form 511CR - Other Credits Form. List 511CR line number claimed here:

 

 

 

 

 

18

 

 

00

 

 

19

Income Tax (line 14 minus lines 15-18) Do not enter less than zero

 

 

 

 

 

19

 

 

00

 

 

 

 

DO NOT PAY THIS AMOUNT. PAYMENT IS FIGURED ON LINE 43.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2020 Form 511 - Resident Income Tax Return - Page 2

The Oklahoma Tax Commission is not required to give actual notice to taxpayers of changes in any state tax law.

Name(s) shown on Form 511:

Your Social Security Number:

PART THREE: TAX, CREDITS AND PAYMENTS

20

Total from line 19

 

 

 

 

 

 

 

 

 

 

20

 

00

21

......................................................................Use tax due on Internet, mail order, or other out-of-state purchases

 

 

 

 

21

 

00

 

(For use tax table, see page 14 of the Packet) If you certify that no use tax is due, place an ‘X’ here:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

22

Balance (add lines 20 and 21)

 

 

 

 

 

 

 

 

 

 

 

22

 

00

 

 

 

 

 

 

 

 

 

 

 

23

..Oklahoma withholding (provide all W-2s, 1099s or other withholding statements)

23

 

 

00

 

 

 

 

24

2020 estimated tax payments

(qualified farmer

 

)

 

 

24

 

 

00

 

 

 

 

25

2020 payment with extension

 

 

 

 

 

 

 

25

 

 

00

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

26

...................................Low Income Property Tax Credit (provide Form 538-H)

 

 

26

 

 

00

 

 

 

 

27

..................................................Sales Tax Relief Credit (provide Form 538-S)

 

 

 

 

 

 

27

 

 

00

 

 

 

 

28

...............................................Natural Disaster Tax Credit (provide Form 576)

 

 

 

 

 

 

28

 

 

00

 

 

 

 

29

Credits from Form

a)

 

577

............

b)

 

578

 

 

 

 

 

 

 

 

 

 

 

29

 

 

00

 

 

 

 

30

Amount paid with original return plus additional paid after it was filed

 

 

 

 

 

 

 

 

 

 

(amended return only)

 

 

 

 

 

 

30

 

 

00

 

 

 

 

31

...............................................................................................................Payments and credits (add lines 23-30)

 

 

 

 

 

 

 

 

 

 

31

 

00

32

Overpayment, if any, as shown on original return and/or prior amended return(s) or

 

 

 

 

 

 

 

..................................................................................as previously adjusted by Oklahoma (amended return only)

 

 

 

 

 

 

32

 

00

33

....................................................................................................Total payments and credits (line 31 minus 32)

 

 

 

 

 

 

 

 

 

 

33

 

00

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

PART FOUR: REFUND

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

34

If line 33 is more than line 22, subtract line 22 from line 33. This is your overpayment

 

 

34

 

00

35Amount of line 34 to be applied to 2021 estimated tax (original return only)

 

(For further information regarding estimated tax, see page 5 of the 511 Packet.)

35

 

00

 

 

 

Schedule 511-H provides you with the opportunity to make a financial gift from your refund to a variety of Oklahoma

 

 

 

 

organizations. Please place the line number of the organization from Schedule 511-H in the box below. If you give to

 

 

 

 

..more than one organization, put a “99” in the box. Provide Schedule 511-H

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

36

Donations from your refund (total from Schedule 511-H)

36

 

00

 

 

 

 

 

 

 

 

 

 

 

 

 

37

Total deductions from refund (add lines 35 and 36)

 

 

 

37

 

00

38

Amount to be refunded to you (line 34 minus line 37)

 

 

 

38

 

00

Direct Deposit Note:

 

 

 

 

 

Is this refund going to or through an account that is located outside of the United States?

 

Yes

 

No

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Verify your account and routing numbers

Deposit my refund in my:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

are correct. If your direct deposit fails

 

 

 

 

 

 

 

 

 

 

Routing

 

 

 

 

 

 

 

to process or you do not choose direct

 

checking account

Number:

 

 

 

 

 

 

 

deposit, you will receive a debit card.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

See the 511 Packet for direct deposit and

 

 

Account

 

 

 

 

 

 

 

debit card information.

 

savings account

Number:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

PART FIVE: AMOUNT YOU OWE

39

40

41

42

43

...................................................If line 22 is more than line 33, subtract line 33 from line 22. This is your tax due

39

 

00

a) Donation: Support the Oklahoma General Revenue Fund (original return only)

40a

 

 

 

00

........................................................b) Donation: Public School Classroom Support Fund (original return only)

40b

 

00

Underpayment of estimated tax interest (annualized installment method

 

 

 

) ..

41

 

 

..............................................

 

 

00

(If you have an underpayment of estimated tax (line 41) & overpayment (line 34), see instructions.)

 

 

 

 

 

For delinquent payment add penalty of 5%

$ _____________________________

 

 

 

plus interest of 1.25% per month

$ _____________________________

42

 

00

Total tax, donation, penalty and interest (add lines 39-42)

 

 

 

43

 

00

Under penalty of perjury, I declare the information contained in this document, and all attachments and schedules, is true and correct to the best of my knowledge and belief.

Place an ‘X’ in this box if the Oklahoma Tax Commission

may discuss this return with your tax preparer....................

Taxpayer’s signature

Date

Taxpayer’s occupation

Daytime Phone (optional)

Spouse’s signature

Date

Spouse’s occupation

Daytime Phone (optional)

Paid Preparer’s signature

Date

Paid Preparer’s address and phone number

Paid Preparer’s PTIN

Do not staple documentation to this form. To attach items, please use a paper clip. Mailing Address for this form: P.O. Box 26800, Oklahoma City, OK 73126-0800

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How you can fill in oklahoma form 511 2020 stage 1

2. The subsequent stage would be to fill in these particular fields: Head of household with qualifying, Note If you may be claimed as a, Qualifying widower with dependent, Please list the year spouse died, Age or Older, Please see instructions, Yourself, Spouse, PART ONE TO ARRIVE AT OKLAHOMA, Round to Nearest Whole Dollar, Federal adjusted gross income, Oklahoma Subtractions provide, Line minus line, Outofstate income except wages, and Provide Federal schedule with.

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Regarding Outofstate income except wages and PART ONE TO ARRIVE AT OKLAHOMA, make certain you review things here. The two of these are the most significant ones in the page.

3. This third step is generally hassle-free - fill in every one of the blanks in Oklahoma adjusted gross income, If line is different than line, PART TWO OKLAHOMA TAXABLE INCOME, Oklahoma Adjustments provide, Oklahoma income after adjustments, and STOP AND READ If line b is zero to complete this part.

oklahoma form 511 2020 completion process explained (step 3)

4. This particular subsection arrives with all of the following fields to consider: Form Resident Income Tax Return, Names shown on Form, Your Social Security Number, PART TWO OKLAHOMA TAXABLE INCOME, Single or Married Filing Separate, Exemptions Enter the total number, Total deductions and exemptions, Oklahoma Taxable Income line, if using Farm Income Averaging, enter a in box on line, a Oklahoma Income Tax from Tax, b If paying the Health Savings, and enter a in box on line If, and Oklahoma Income Tax line a plus.

Stage no. 4 for filling in oklahoma form 511 2020

5. The pdf has to be concluded by dealing with this section. Here there's an extensive listing of fields that must be completed with specific details in order for your document usage to be faultless: STOP AND READ If line is equal to, Oklahoma child carechild tax, Oklahoma earned income credit see, Credit for taxes paid to another, Form CR Other Credits Form List, Income Tax line minus lines Do, DO NOT PAY THIS AMOUNT PAYMENT IS, PART THREE TAX CREDITS AND PAYMENTS, Use tax due on Internet mail, For use tax table see page of the, Balance add lines and, Oklahoma withholding provide all, estimated tax payments, payment with extension, and Low Income Property Tax Credit.

Tips on how to prepare oklahoma form 511 2020 step 5

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