Oklahoma Form 511 PDF Details

Are you a resident of Oklahoma looking to file your taxes? Do you need help understanding how the state's tax filing system works? If so, then this blog post is for you! We'll break down everything you need to know about Oklahoma Form 511 and explain the advantages of using it in detail. From who should be filing Form 511 and what information is required on it all the way down to helpful resources available, we have it all covered. So read on if you're interested in learning more about Oklahoma's official tax form!

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

Form Preview Example

 

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

2020 Form 511 - Resident Income Tax Return - Page 3

Note: Provide this page ONLY if you have an amount shown on a schedule.

Name(s) shown on Form 511:

Your Social Security Number:

 

 

Schedule 511-A: Oklahoma Subtractions

See instructions for details on qualifications

 

 

 

 

 

and required documents.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

1

.......................................................................................................Interest on U.S. government obligations

 

 

 

 

 

 

1

 

00

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2

.......................................................Social Security benefits taxed on your Federal Form 1040 or 1040-SR

 

 

 

 

 

2

 

00

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

3

...............................................................................Federal civil service retirement in lieu of social security

 

 

 

 

 

 

3

 

00

 

 

 

 

 

 

Retirement Claim Number: Taxpayer

 

 

Spouse

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

4

Military Retirement (see instructions for limitation)

 

 

 

 

 

 

 

4

 

 

 

 

 

 

 

 

 

 

 

 

00

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

5

...........................Oklahoma government or Federal civil service retirement (see instructions for limitation)

5

 

00

 

 

6

..............................................................................Other retirement income (see instructions for limitation)

 

 

 

 

 

 

6

 

00

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

7

......................................................................................................U.S. Railroad Retirement Board benefits

 

 

 

 

 

 

7

 

00

 

 

8

......................................................................................................................................Oklahoma depletion

 

 

 

 

 

 

8

 

00

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

9

Oklahoma net operating loss (provide schedules)

Loss Year(s)

 

 

 

 

 

9

 

 

 

 

 

 

 

 

 

 

 

00

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

10

.............................................................................Exempt tribal income (see instructions for qualifications)

 

 

 

 

 

 

10

 

00

 

 

11

................................................................................Gains from the sale of exempt government obligations

 

 

 

 

 

 

11

 

00

 

 

12

................................................................................Oklahoma Capital Gain Deduction (provide Form 561)

 

 

 

 

 

 

12

 

00

 

 

13

...................................................Income Tax Refund (Federal Form 1040 or 1040-SR, Schedule 1, line 1)

 

 

 

 

 

13

 

00

 

 

14

........................................................................................Oklahoma income distributed by an electing PTE

 

 

 

 

 

 

14

 

00

 

 

15

Miscellaneous: Other subtractions (enter number in box for type of deduction)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

15

 

00

 

 

16

.........................................Total subtractions (add lines 1-15, enter total here and on line 2 of Form 511)

 

 

 

 

 

16

 

00

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Schedule 511-B: Oklahoma Additions

See instructions for details on qualifications and

 

 

 

 

 

required documents.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

1

State and municipal bond interest

 

 

 

 

 

 

 

1

 

 

 

 

 

 

 

 

 

 

 

 

00

 

 

2

Out-of-state losses (describe ____________________________________ ) Enter as a positive number

2

 

 

 

 

 

 

00

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

3

Lump sum distributions (not included in your Federal Adjusted Gross Income)

 

 

 

 

 

3

 

 

 

 

 

 

 

 

 

 

 

00

 

 

4

Federal net operating loss - Enter as a positive number

 

 

 

 

 

 

 

4

 

 

 

 

 

 

 

 

 

 

 

 

00

 

 

5

Recapture of depletion claimed on a lease bonus or add back of excess Federal depletion

 

 

 

 

 

 

5

 

00

 

 

6

Recapture of Contributions to Oklahoma 529 College Savings Plan and OklahomaDream 529 Account(s)

6

 

 

 

 

 

 

00

 

 

7

Oklahoma loss distributed by an electing PTE

 

 

 

 

 

 

 

7

 

 

 

 

 

 

 

 

 

 

 

 

00

 

 

8

Miscellaneous: Other additions (enter number in box for type of addition)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

8

 

00

 

 

9

Total additions (add lines 1-8, enter total here and on line 6 of Form 511)

 

 

 

 

 

9

 

 

 

 

 

 

 

 

 

 

 

00

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Schedule 511-C: Oklahoma Adjustments

See instructions for details on qualifications and

 

 

 

required documents.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

1

Military pay exclusion - Active Duty, Reserve and National Guard (not retirement income)

1

 

00

 

 

2

.......................................................................................................................Qualifying disability deduction

 

 

 

 

 

 

2

 

00

 

 

3

Qualified adoption expense

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

3

 

00

 

 

4

Contributions to Oklahoma 529 College Savings Plan and OklahomaDream 529 Account(s)

4

 

 

 

 

 

 

00

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

5

Deduction for providing foster care

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

5

 

00

 

 

6

Miscellaneous: Other adjustments (enter number in box for type of deduction)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

6

 

00

 

 

7

............................................Total adjustments (add lines 1-6, enter total here and on line 8 of Form 511)

 

 

 

 

 

7

 

00

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2020 Form 511 - Resident Income Tax Return - Page 4

Note: Provide this page ONLY if you have an amount shown on a schedule.

Name(s) shown on Form 511:

Your Social Security Number:

Schedule 511-D: Oklahoma Itemized Deductions

See instructions for details on

qualifications and required documents.

 

 

If you claimed itemized deductions on your Federal return, you must claim Oklahoma Itemized Deductions.

.........................1 Federal itemized deductions from Federal Sch. A, line 17

1

 

00

2State and local sales or income taxes from Federal Sch. A, line 5a

(If Federal Sch A, line 5e is limited, enter that portion of Federal Sch A,

 

.........................................................................line 5a included in line 5e)

2

 

 

00

 

 

 

3

Line 1 minus line 2

 

 

 

 

 

 

 

 

 

 

3

 

00

 

 

 

 

 

 

 

 

 

 

 

4

........................Medical and Dental expenses from Federal Sch. A, line 4

4

 

 

00

 

 

 

5

Gifts to Charity from Federal Sch. A, line 14

 

 

 

 

 

 

 

5

 

 

00

 

 

 

6

Line 3 minus lines 4 and 5

 

 

 

 

 

 

 

 

 

 

6

 

00

7

Is line 6 more than $17,000?

 

 

 

 

 

 

 

 

 

 

YES. Your itemized deductions are limited. Complete lines 9-11.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

NO. Your itemized deductions are not limited. Skip lines 9 & 10. Go to line 11.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

17,000

8

Maximum amount allowed for itemized deductions. (exception, lines 9 & 10)

 

8

00

9

Medical and Dental expenses from Federal Sch. A, line 4

 

 

 

 

 

 

 

 

 

 

9

 

00

10

Gifts to Charity from Federal Sch. A, line 14

 

 

 

 

10

 

 

 

 

 

 

00

11

Oklahoma Itemized Deductions

 

 

 

 

 

 

 

 

 

 

If you responded YES on line 7: Add lines 8, 9 and 10

 

 

 

 

 

 

 

 

 

 

If you responded NO on line 7: enter the amount from line 3

 

 

 

 

 

 

 

 

 

 

 

 

11

 

00

Enter your Oklahoma Itemized Deductions on line 10 of Form 511 unless you have income from out-of-state on line 4 of Form 511. If you have an amount on line 4 of Form 511, complete Schedule 511-E “Deductions and Exemptions” to determine the amount to enter on line 12 of Form 511.

Schedule 511-E: Deductions and Exemptions See instructions for details on

qualifications and required documents.

Use this schedule if you have income from out-of-state (Form 511, line 4). Your exemptions and deductions must be prorated on the ratio of Oklahoma Adjusted Gross Income to Federal Adjusted Gross Income reduced by allowable adjustments except out-of-state income. If you claimed itemized deductions on your federal return, complete Schedule 511-D before completing this schedule.

1

Oklahoma itemized deductions (Schedule 511-D, line 11)

 

 

 

 

 

 

...................................................................................................................or Oklahoma standard deduction

1

 

 

00

 

2

Exemptions ($1,000 x number of exemptions claimed at top of Form 511)

2

 

 

 

 

 

 

00

 

3

Total (add lines 1 and 2)

3

 

 

 

 

 

 

00

 

 

 

 

 

 

 

 

 

 

 

 

 

 

4

Divide the amount on line 7 of Form 511 by the amount on line 3 of Form 511

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Enter the percentage from the above calculation here (do not enter more than 100%)

4

 

 

 

 

 

 

 

%

 

5Total allowable deductions and exemptions (multiply line 3 by percentage on line 4,

enter total here and on line 12 of Form 511) (Leave lines 10 - 11 of Form 511 blank)

5

 

00

 

 

 

 

 

 

 

 

 

 

 

 

 

2020 Form 511 - Resident Income Tax Return - Page 5

Note: Provide this page ONLY if you have an amount shown on a schedule.

Name(s) shown on Form 511:

Your Social Security Number:

Schedule 511-F: Child Care/Child Tax Credit

See instructions for details on qualifications

and required documents.

 

 

If your Federal Adjusted Gross Income is $100,000 or less and you are allowed either a credit for child care expenses or the child tax credit on your Federal return, you are allowed a credit against your Oklahoma tax. Your Oklahoma credit is the greater of:

• 20% of the credit for child care expenses allowed by the IRS Code.

Your allowed Federal credit cannot exceed the amount of your Federal tax reported on your Federal return. or

• 5% of the child tax credit allowed by the IRS Code.

This includes both the nonrefundable child tax credit and the refundable additional child tax credit.

The credit must be prorated based on the ratio of Oklahoma Adjusted Gross Income to Federal Adjusted Gross Income. If your Federal Adjusted Gross Income is greater than $100,000, no credit is allowed.

Provide a copy of your Federal return and, if applicable, the Federal child care credit schedule.

1

2

3

4

5

6

7

..................................Enter your Federal child care credit

1

 

00

Multiply line 1 by 20%

 

 

 

2

 

00

Enter your Federal child tax credit

 

 

 

.........(total of child tax credit & additional child tax credit)

3

 

00

 

 

 

 

.........................................................Multiply line 3 by 5%

4

 

00

................................................................................................Enter the larger of line 2 or line 4

5

 

00

Divide the amount on line 7 of Form 511 by the amount on line 1 of Form 511

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Enter the percentage from the above calculation here (do not enter more than 100%)

6

 

%

Multiply line 5 by line 6. This is your Oklahoma child care/child tax credit.

 

 

 

................................................................................Enter total here and on line 15 of Form 511

7

 

00

Schedule 511-G: Earned Income Credit

See instructions for details on qualifications and

required documents.

 

 

You are allowed a credit equal to 5% of the Earned Income Credit allowed on your Federal return. The credit must be prorated on the ratio of Oklahoma Adjusted Gross Income to Federal Adjusted Gross Income. Provide a copy of your Federal return.

1

2

3

4

.....................................................................................................Federal earned income credit

1

 

00

Multiply line 1 by 5%

 

 

 

 

 

 

 

00

Divide the amount on line 7 of Form 511 by the amount on line 1 of Form 511

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Enter the percentage from the above calculation here (do not enter more than 100%)

3

 

%

Oklahoma earned income credit

 

 

 

........................................(multiply line 2 by line 3, enter total here and on line 16 of Form 511)

 

00

 

 

 

 

 

 

 

 

 

 

2020 Form 511 - Resident Income Tax Return - Page 6 - Note: Provide this page ONLY if you have an amount shown on a schedule or are filing an amended return.

Name(s) shown on Form 511:

Your Social Security Number:

Schedule 511-H: Donations from Refund (Original return only)

This schedule allows you to make a donation from your refund to a variety of Oklahoma organizations. Information regarding each program, its mission, how funds are utilized, and mailing addresses are shown in Schedule 511-H Information. If you are not receiving a refund, but would like to make a donation to one of these organizations, Schedule 511-H Information lists the mailing address to mail your donation to the organization. If you are not receiving a refund and wish to donate to Support the Oklahoma General Revenue Fund or Public School Classroom Support Fund, see line 40a or 40b of Form 511.

Place an ‘X’ in the box associated with the dollar amount you wish to have deducted from your refund and donated to that organization. Then carry that figure over into the column at the right. When you carry your figure back to line 36 of Form 511, please list the line number of the organization to which you donated. If you donate to more than one organization, please write a “99” in the box at line 36 of Form 511.

See Packet 511, pages 25 and 26 for Schedule 511-H Information.

1

Support of Programs for Volunteers to Act

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

as Court Appointed Special Advocates

 

 

 

 

 

 

 

 

 

 

 

 

 

for Abused or Neglected Children

 

$2

 

 

$5

 

$

 

 

1

 

00

2

Indigent Veteran Burial Program

 

$2

 

 

$5

 

$

 

 

2

 

00

3

Support the Oklahoma General Revenue Fund

 

$2

 

 

$5

 

$

 

 

3

 

00

4

Oklahoma Emergency Responders Assistance

 

 

 

 

 

 

 

 

 

 

 

 

 

Program

 

$2

 

 

$5

 

$

 

 

4

 

00

5

Support of Folds of Honor Scholarship Program

 

$2

 

 

$5

 

$

 

 

5

 

00

6

Support Wildlife Diversity Fund

 

$2

 

 

$5

 

$

 

 

6

 

00

7

Support of Programs for Regional Food Banks

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

00

 

in Oklahoma

 

$2

 

 

$5

 

$

 

 

7

 

8

Public School Classroom Support Fund

 

$2

 

 

$5

 

$

 

 

8

 

00

9

Oklahoma Pet Overpopulation Fund

 

$2

 

 

$5

 

$

 

 

9

 

00

10

Support the Oklahoma AIDS Care Fund

 

$2

 

 

$5

 

$

 

 

10

 

00

11

Support Oklahoma Silver Haired Legislature and Alumni

 

 

 

 

 

 

 

 

 

 

 

 

 

...............................................................Association Program

 

$2

 

 

$5

 

$

 

 

11

 

00

 

Total donations (add lines 1-11, enter total here and on line 36 of Form 511)

 

 

 

 

 

 

 

 

12

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

 

 

 

 

12

 

00

Schedule 511-I: Amended Return Information

Did you file an amended Federal return?

Yes

No

If Yes, provide a copy of the IRS Form 1040X or 1045 AND proof of IRS acceptance, such as a copy of the IRS “Statement of Adjustment,” IRS check or deposit slip. IRS documents submitted after filing this Oklahoma amended return may delay processing.

Explain the changes to income, deductions, and/or credits below. Enter the line reference number for which you are reporting a change and give the reason. If more space is needed, provide a separate schedule.

___________________________________________________________________________________________________________

___________________________________________________________________________________________________________

___________________________________________________________________________________________________________

________________________________________________________________________________________________

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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.

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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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