2015 Oklahoma Resident Fiduciary Income Tax Forms · PDF file• Includes Form 513 2015...

• Includes Form 513

2015 Oklahoma Resident FiduciaryIncome Tax Forms and Instructions

This packet contains: • Instructions for completing the Form 513 •513fiduciaryincometaxform •2015fiduciaryincometaxtable Filing date: •Generally,yourreturnmustbepostmarkedby

April15,2016forcalendaryearreturns. •Forestateselectingafiscalyearrather

thancalendaryear,yourreturnmustbepostmarkedbythe15thdayofthefourthmonthfollowingthecloseofthetaxableyear.

Need assistance or a tax form? •Checkoutpage15formethodsofcontactingus.

This packet is to be used for a tax year with a beginning date in 2015.

What’s New in the 2015 Oklahoma Tax Packet?

General Filing InformationOnly resident trusts and estates shall use Form 513. Non-resident trusts and estates shall use Form 513NR.

Requirements for Filing...EveryresidentestateortrustshallmakeareturnforeachtaxableyearstatingthetaxableincomeandtheadjustmentsprovidedinthisacttoarriveatOklahomataxableincome.EverynonresidentestateortrusthavingOklahomataxableincomeasprovidedin68OklahomaStatutes(OS)Sec.2362(RentsandRoyalties,Business,PartnershipandSub-ChapterSCorporationIncomeandSalesofOklahomaRealProperty)shallmakeareturnforeachtaxableyearstatingthetaxableincomeandtheadjustmentsprovidedinthisacttoarriveatOklahomataxableincome.SeeForm513NRandinstructions.

Due Date...WhenthelastdateforfilinganydocumentorperforminganyactrequiredbytheOklahomaTaxCommission(OTC)fallsonadaywhentheofficesarenotopenforbusiness,thefilingofthedocumentorperformanceoftheactshallbeconsideredtimelyifitisperformedbytheendofthenextbusinessday.

About the Tax...Thetaxmustbepaidinfullatthetimeoffilingthereturn.Incaseanextensionforfilingthereturnisrequested,anesti-mateofthetaxduemustbefiledandtheestimatedtaxpaidinfullbeforeanextensioncanbegranted.TheFiduciaryshallberesponsibleformakingthereturn,andthereturnshallbesignedbythefiduciary,orbyonefiduciaryifthereismorethanone.

Bankruptcy...TheFiduciarymustfileForm513,fortheestateofanindividu-alinvolvedinbankruptcyproceedings,ifafederalincometaxreturnisrequiredforthebankruptcyestate.UseForm513asatransmittalforForm511.Completethetaxforthebankrupt-cyestateontheForm511byusingtheinstructionsandtax

Bankruptcy (continued)...tableforamarriedpersonfilingseparately.EnterthetaxableincomeonForm513,line23andthecomputedtaxonline24;remitpaymentofanytaxdue.EncloseacopyofthefederalreturnforthebankruptcywiththeOklahomareturn.

Accounting Methods...Thetaxableyearandmethodofaccountingunderthisactshallbethesameasthetaxableyearandmethodofaccountingforfederalincometaxpurposes.

Fiduciariesinwhatevercapacityacting,havingcontrol,receipt,custody,disposalorpaymentofinterest,rent,salaries,wages,premiums,annuities,compensation,remuneration,emolu-ments,orotherfixeddeterminableannualorotherperiodicalgains,profits,orincome,amountingto$750orover,paidorpayableduringtheyeartoanytaxpayer,arerequiredtofileForms500and501withtheOTCnolaterthanFebruary28followingthecloseoftheprecedingcalendaryear.

“Resident Estate”meanstheestateofadecedentwhoatdeathwasdomiciledinthisstate.“Nonresident Estate” is anestateotherthanaresidentestate,andshalluseForm513NR.

“Resident Trust”isatrustcreatedbyaresidentdecedent’swillorbyaresidentduringtheadministrationorbyaresidentwhenthetrustbecameirrevocable.“Nonresident Trust”isatrustotherthanaresidenttrust(68OSSec.2353-5&2353-6)andshalluseForm513NR.

Note...Thedomicileorresidenceofthefiduciaryrepresentativedoesnotestablishtheresidenceoftheestateortrust.

Important...If you do not have a Federal Employer Identification Number, you may obtain one online at www.irs.gov or by calling (800) 829-4933. If you would prefer to file a paper application, contact the IRS and request Form SS-4.

2015 Oklahoma Fiduciary Income Tax

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Note: Failure to complete Part 2 of your return may delay the processing of your return.

•The2015Form513maybeelectronicallyfiled.Seetheadonpage4.

(continued on page 3)

Helpful Hints Common AbbreviationsFound in this Packet

IRC - InternalRevenueCode

OS - OklahomaStatutes

OTC- OklahomaTaxCommission

Sec. - Section(s)

• Besuretosignanddatethereturn.•Ifyouhaveanyquestions,pleasecontactus.Alistofcontactmethodsisshownonpage15ofthisPacket.• Fileyourreturnontimetoavoidcostlypenaltyandinterest.SeethefrontcoverofthisPacketfordeadlineinformation.

•Thereisanewcheck-boxonthetaxline(Form513,line24)forESBTorCharitableTrusts.Seetheinstructionsforline24onpage6.

Estimated Tax...Alltrustsarerequiredtomakeestimatedtaxpaymentsonaquarterlybasiswhenthetaxforthetaxableyearcanreason-ablybeexpectedtobe$500ormore.

Trustswhichfailtofileadeclarationandpayestimatedtaxaresubjecttopenaltyandinterestonunderpayment.FormOW-8-ESCforfilinganestimatewillbesupplieduponrequest.

Estatesarenotrequiredtomakeestimatedtaxpayments.

Extensions...AvalidextensionoftimeinwhichtofileyourfederalreturnautomaticallyextendstheduedateofyourOklahomareturnifnoOklahomaliabilityisowed.AcopyofthefederalextensionmustbeenclosedwithyourOklahomareturn.IfyourfederalreturnisnotextendedoranOklahomaliabilityisowed,anextensionoftimetofileyourOklahomareturncanbegrantedonForm504.Atleast90%ofthetaxliabilitymustbepaidbytheoriginalduedateforthereturntoavoidpenaltychargesforlatepayment.Interestwillbechargedfromtheoriginalduedateofthereturn.

Amended Returns...UsetheFiduciaryForm513andmarktheAmendedReturnbox.Enteronline31anyamountpaidwiththeoriginalreturnplusanyamountpaidafteritwasfiled.Enteronline32anyrefundpreviouslyreceivedoroverpaymentapplied.Enclose acopyofthefederalamendedreturnandproofofInternalRevenueServicerefundorpayment,ifavailablepriortoexpirationofthestatuteoflimitations. Any refunds cannot be applied to next year’s estimated tax. Line 35 cannot be amended or changed once the original return has been processed.

Whenpreparinganamendedreturn,usethetaxtableforthatparticulartaxyearastaxratesmayvary.

Depletion...Oklahomadepletiononoilandgaswellproduction,attheoptionofthetaxpayer,maybecomputedat22%ofgrossincomederivedfromeachOklahomapropertyduringthetax-ableyear.Anydepletiondeductionallowableistheamountsocomputedminusfederaldepletionclaimed.IfOklahomaoptionsareexercised,thefederaldepletionnotusedduetothe65%limitmaynotbecarriedover.Acompletedepletionschedulebypropertymustbefurnished.

Note:Majoroilcompanies,asdefinedinTitle52O.S.Section288.2,whencomputingOklahomadepletionshallbelimitedto50%ofthenetincome(computedwithouttheallowancefordepletion)fromeachproperty.

Leasebonusreceivedisconsideredincomesubjecttodeple-tion.Ifdepletionisclaimedonaleasebonusandnoincomeisreceivedasaresultofnonproducingproperties,uponex-pirationofthelease,thedepletionmustberestoredonForm513,Line10,ColumnB,intheyeartheleaseexpires.

Net Operating Loss...Fortaxyears2001–2007andtaxyears2009andsubse-quent,theyearstowhichanNOLmaybecarriedshallbedeterminedsolelybyreferencetoSection172oftheInternalRevenueCode(IRC).Fortaxyear2008,yearstowhichanNOLmaybecarriedbackshallbelimitedtotwoyears.Thenetoperatinglosswhichisnotactuallyutilizedshallnotre-ducethecarryover.68OSSec.2358(A)(3).Anelectionmaybemadetoforegothecarrybackperiod.AwrittenstatementoftheelectionmustbepartoftheoriginaltimelyfiledOklahomalossyearreturn.However,ifyoufiledyourreturnontimewithoutmakingtheelection,youmaystillmaketheelectiononanamendedreturnfiledwithin6monthsoftheduedateoftheoriginalreturn(excludingextensions).Attachtheelectiontotheamendedreturn.Oncemade,theelectionisirrevocable.Oklahomanetoperatinglossesshallbeseparatelydeter-minedbyreferencetoIRCSection172asmodifiedbytheOklahomaTaxAct.

Withholding on Nonresident Members...Pass-throughentities(partnerships,s-corporations,limitedli-abilitycompaniesortrusts)arerequiredtowithholdOklahomaincometaxatarateof5%oftheOklahomashareofincomedistributedtoeachnonresidentmember(partner,member,shareholderorbeneficiary).Apass-throughentityisnotre-quiredtowithholdincometaxwithregardtoanynonresidentmemberwhosubmitsa“NonresidentMemberWithholdingExemptionAffidavit”(FormOW-15).68OSSec.2385.29,2385.30and2385.31.Withholdingisnotrequiredondistributionsmadetopersons,otherthanindividuals,whoareexemptfromfederalincometax,organizationsgrantedanexemptionunderIRCSection501(c)(3),insurancecompaniessubjecttotheOklahomaGrossPremiumsTaxandthereforeexemptfromOklahomaincometaxunder68OSSec.2359(c),andnonresidentmem-berswhohavefiledtheFormOW-15“NonresidentMemberWithholdingExemptionAffidavit”.Withholdingisnotrequiredonanydistributionofroyaltyincomeonwhichthenonresidentroyaltyinterestincometaxhasalreadybeenwithheld,onanydistributionmadetoanotherpass-throughentity,oronanydistributionofincomenotsubjecttoOklahomaincometax.Thefollowingpass-throughentitiesarenotrequiredtowithhold: ·Anentityelectingtobetreatedasadisregardedentity

forfederalincometaxpurposes.Adisregardedentityisaneligibleentitythatistreatedasanentitythatisnotseparatefromitssingleowner(i.e.GrantorTrust).

·Anentitythatdoesnothavearequirement,orproperlyelectsoutoftherequirement,tofileafederalincometaxreturn.

·AnentitymakingadistributionofincomenotsubjecttoOklahomaincometax.

·Aresidentornonresidentestate.

General Filing Information

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General Filing Information

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Withholding on Nonresident Members (continued)...Distributions made from the trust...

TruststhatmakedistributionssubjecttoOklahomawithhold-ingmustregisterwiththeOTC.Registerbycompletingtheregistrationform“RegistrationforOklahomaWithholdingforNonresidentMembers”(FormOW-11).Thisformcanbeobtainedfromourwebsiteatwww.tax.ok.gov.

Tofileandpaytheincometaxwithheld,thetrustmustcom-pleteFormWTP10003“OklahomaNonresidentDistributedIn-comeWithholdingTaxAnnualReport”.ThetrustwillfileFormWTP10003onorbeforetheduedate(includingextensions)ofthetrust’sincometaxreturn.

ThetrustmustprovidenonresidentbeneficiariesaForm500-B,bytheduedate(includingextension)ofitsincometaxreturn,showingtheirrespectiveamountsofincomeandtaxwithheld.EachnonresidentbeneficiarymustencloseacopyoftheForm500-BtotheirOklahomaincometaxreturnasverificationforthiswithholding.CopiesofForm500-B,alongwiththecoverForm501,mustbesenttotheOTCbythesamedate.

Real Estate Investment Trusts…Arealestateinvestmenttrustthatdoesnotbecomeregularlytradedonanestablishedsecuritiesmarketwithinoneyearofthedateonwhichitfirstbecomesarealestateinvestmenttrustshallbedeemednottohavebeenregularlytradedonanestablishedsecuritiesmarket,retroactivetothedateitfirstbecamearealestateinvestmenttrust.Anamendedreturnshallbefiledreflectingsuchretroactivedesignationforanytaxyearorpartyearoccurringduringitsinitialyearofstatusasarealestateinvestmenttrust.Forpurposesofthispara-graph,arealestateinvestmenttrustbecomesarealestateinvestmenttrustonthefirstdayithasmettherequirementsofIRCSection856andhaselectedtobetreatedasarealestateinvestmenttrustpursuanttoIRCSection856(c)(1).68OSSec.2358.

Grantor Trust...AgrantortrustwillbetreatedthesameontheOklahomareturnasitisontheFederal.Ifthefederalreturn(Form1041)isrequiredtobefiled,theOklahomareturnislikewisere-quired.CompletetheheadingontheForm513andencloseascheduleofincomeanddeductionsindicatingtheOklahomaincome,includinganypass-throughwithholding.Includeontheschedulethename,address,andsocialsecuritynumberofthegrantor.Form513,PartII,maybeusedforthegrantorinformation.IfincomeisreportedtoOklahomaunderoneentityidentifi-cationnumberandthegrantorfilesunderadifferentiden-tificationnumberaForm513mustbefiledwithascheduleshowingthename,addressandsocialsecuritynumberofthegrantor.

Simple Trust...Asimpletrustrequiresallincometobedistributedcurrently,exceptamountsallocatedtothecorpusofthetrust(capitalgain).TheOklahomataxableincomeforsimpletrustswouldbeanycapitalgain/lossminustheproratashareofthefederalexemption,asallotherincomeanddeductionsarepassedontothebeneficiaries.Enclose a complete copy of Federal Return Form 1041.


Line by Line Instructions

Important Notice...Enclose schedules for differences in Column A and Column B.

Pages One and Two, Part OneLines 1-22 Column AListexactfiguresasreportedonyourFederalForm1041.Lines 1-22 Column BListincomeanddeductionsapplicabletoOklahomaasex-plainedinthefollowinginstructions:

Instructions for Column BTotal applicable to Oklahoma

Line 1 - Interest: Allinterestnotincludedonlines2and3.Line 2 - Interest on U.S. Government Obligations: Ifyoureportinterestonbonds,notesandotherobligationsoftheU.S.onyourfederalreturn,itmaybeexcludedfromyourOklahomaAdjustedGrossIncomeifadetailedscheduleisfurnishedaccompaniedwith1099sshowingtheamountofinterestincomeandthenameoftheobligationfromwhichtheinterestisearned.IftheinterestisfromamutualfundwhichinvestsinU.S.governmentobligations,enclosedocumenta-tionfromthemutualfundtosubstantiatethepercentageofincomederivedfromobligationsexemptfromOklahomatax.Interestreceivedinrepurchaseagreementsdoesnotqualify.InterestfromentitiessuchasFNMA&GNMAdoesnotqualify.

Don’t forget to sign and make a copy of your return before mailing!

Did you know that beginning with Tax Year 2015, Forms 513 and 513NR can now be

electronically filed? E-filing is the fastest and easiest way to file your taxes.

e file

Remember, e-filing is simple, safe, speedy and secure.

Visit www.tax.ok.gov to see which software companies are approved for use.

Instructions for Column B (continued)...Line 3 - State and Municipal Interest: Ifyoureceivedincomeonbondsissuedbyanystateorpoliticalsubdivisionthereof,exemptfromfederaltaxationbutnotexemptfromtaxationbythelawsoftheStateofOklahoma,addthetotalofsuchincometoarriveatOklahomaincome. 1) Incomefromallbonds,notesorotherobligations

issuedbytheStateofOklahoma,theOklahomaCapitalImprovementAuthority,theOklahomaMunicipalPowerAuthority,theOklahomaStudentLoanAuthority,andtheOklahomaTransportationAuthority(formerlyTurnpikeAuthority)isexemptfromOklahomaincometax.Theprofitfromthesaleofsuchbond,noteorotherobligationshallbefreefromtaxation.

2) IncomefromlocalOklahomagovernmentalobligationsissuedafterJuly1,2001,otherthanthoseprovidedforin1,isexemptfromOklahomaincometax.Theexceptionsarethoseobligationsissuedforthepurposeofprovidingfinancingforprojectsfornonprofitcorporations.Localgovernmentalobligationsshallincludebondsornotesissuedby,oronbehalfof,orforthebenefitofOklahomaeducationalinstitutions,cities,towns,orcountiesorbypublictrustsofwhichanyoftheforegoingisabeneficiary.

3) IncomefromOklahomaStateandMunicipalBondsissuedpriortoJuly2,2001,otherthanthoseprovidedforin1,isexemptfromOklahomaincometaxonlyifsoprovidedbythestatuteauthorizingtheirissuance.

4) Incomeonbondsissuedbyanotherstateorpoliticalsubdivisionthereof(non-Oklahoma),exemptfromfederaltaxation,istaxableforOklahomaincometax.

Encloseascheduleofallmunicipalinterestreceivedbysourceandamount.Iftheinterestisfromamutualfundwhichinvestsinstateandlocalgovernmentobligations,enclosedocumentationfromthemutualfundtosubstantiatethepercentageofincomederivedfromobligationsexemptfromOklahomatax.Note:Iftheinterestisexempt,thecapitalgain/lossfromthesaleofthebondmayalsobeexempt.Thegain/lossfromsaleofastateormunicipalbond,otherthanthoseprovidedforin1,isexemptonlyifsoprovidedbythestatuteauthorizingitsissuance.Line 4 - Dividends: Enteramountforresidenttrustsandestates.Followinstruc-tionsforline2ifdividendsincludeinterestfromU.S.Govern-mentobligations.Line 5 - Business Income or (loss): IncludeamountsfromatradeorbusinessconductedinOkla-homa.IfincomeisfromOklahomaoilandgas,anyadditionalOklahomadepletionwillbeshownonLine17,ColumnB.(Encloseschedule)

Line 6 - Capital Gain or (loss): ResidenttrustsandestatesshouldincludeallgainsorlossesexceptthosefromrealpropertylocatedoutsideofOklahoma.

AnyOklahomalossislimitedtotheamountallowedandutilizedonthefederalreturn.


5 (continued on page 6)

Line 7 - Rents, Royalties, Partnerships, other estates and trusts, etc.: AmountsincludedshouldbenetamountsfromrealandtangiblepersonalpropertylocatedinOklahoma.Thead-ditionalOklahomadepletionmaybetakenonline17-otherdeductions.IncludeOklahomapartnershipincomeandestateandtrustincomeapplicabletoOklahoma.PassivelossesareallowedinOklahomaduringthesametaxyearutilizedonthefederalreturn.

Line 8 - Farm Income or (loss): IncludeincomefromfarmingcarriedoninOklahoma.

Line 9 - Ordinary Gain or (loss): ResidenttrustsandestatesshouldincludeallgainsorlossesexceptthosefromrealpropertylocatedoutsideofOklahoma.

Line 10 - Other Income: IncludeallotherincomeunlessspecificallyexemptbyOkla-homaStatutes.

TocomputeOklahomataxableincome,acaptiverealestateinvestmenttrustmustaddbackthedividends-paiddeductionwhichwasallowedonthefederalreturn.

RentsandinterestexpensepaidtoacaptiverealestateinvestmenttrustanddeductedonyourfederalreturnmustbeaddedbacktocomputeOklahomataxableincome.Suchadd-backisnotrequiredifthecaptiverealestateinvestmenttrustissubjecttotheadd-backforthedividends-paiddeduction.

Line 11 - Total Income: Addlines1through10toarriveattotalOklahomaincome.

Lines 12-17 - Deductions: Forincomeamountsretainedbythefiduciary,thedeductionswillbeproratedbytheratioofOklahomaincometofederalincome(exceptforthetaxdeduction).DividetotalOklahomaincome(Line11,ColumnB)bytotalfederalincome(Line11,ColumnA)(limitedto100%).Multiplytheresultbytheamountinthe“FederalColumn”.

WherethefederaldeductionsarelimitedduetomunicipalincomewhichistaxedbyOklahoma,thedenominatorintheaboveequationisthesumoftotalfederalincomeplusfederaltaxexemptincome.Multiplytheresult(limitedto100%)bythetotalallowabledeductions(theamountbeforefederallimitation).Usethisequationonlyfordeductionslimitedbyfederalformunicipalincome.

Line 12 - Interest:InterestpaidtotheInternalRevenueServiceonestatetaxliabilities(fromFederalForm706)isnotdeductibleagainstincomeonOklahomafiduciarytaxreturnsunlessclaimedonfederalfiduciarytaxreturn.Generally,theallowablefederalinterestdeductionwillbeproratedbasedonOklahomatofederalincome(limitedto100%).

Line 13 - Taxes: Fiduciariesarenotallowedadeductionforanyfederalincometaxpaid.Thetaxdeductionclaimedonthefederalreturnwillbeappliedonadirectallocationbasisonly.ThetaxespaidtoOklahoma(income,property,etc.)willbeshowninColumnB.


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Line 14 - Fiduciary Fees: Entertheproratashare(limitedto100%).Also,seeline16.Line 15 - Charitable Deduction: Thisdeductionshouldbeprorated(limitedto100%)asindicatedaboveunlessthedeductionisspecifiedinthewillortrustinstrumentasincomefromasetsourceofrealandtangibleproperty.Thedeductionshouldthenbeallocateddirectlytothestateinwhichthatpropertywaslocated.Line 16 - Attorney, accountant, and return preparer fees: EstatesarenolongerrequiredtofurnishastatementofwaiverthatfeesweredeductedonForm454asthatformisnolongerrequiredtobefiled.Iffeesweredeductedonthefederalestatetax,youmustalsodeductthesefeesontheOklahomaestatetaxform.Line 17 - Other Deductions: Entertheproratashareofotherfederaldeductionsnotsubjecttothe2%floor(federallaw)andotherallowablemis-cellaneousitemizeddeductions.Encloseschedule.IncludetheadditionalOklahomadepletionallowabletothecorpus.(Beneficiaries’shareofallowableadditionalOklahomadeple-tionshouldbeenteredonPart2,Line8.)EnclosedepletionscheduleforOklahoma.Oklahoma Capital Gain Deduction -Taxpayerscandeductqualifyinggainsreceivingcapitaltreatmentwhichareincludedinfederaltaxableincome.“Qualifyinggainsreceivingcapitaltreatment”meanstheamountofthenetcapitalgains,asdefinedundertheIRCSection1222(11).Thequalifyinggainmust: 1) beearnedonrealortangiblepersonalpropertylocated

withinOklahomathatyouhaveownedforatleastfiveuninterruptedyearspriortothedateofthesale.

2) beearnedonthesaleofstockorownershipinterestinanOklahomaheadquarteredcompany,limitedliabilitycompany,orpartnershipwheresuchstockorownershipinteresthasbeenownedbyyouforatleastthreeuninterruptedyears(twoforindividuals)priortothedateofthesale.

3) beearnedonthesaleofrealproperty,tangiblepersonalpropertyorintangiblepersonalpropertylocatedwithinOklahomaaspartofthesaleofallorsubstantiallyalloftheassetsofanOklahomacompany,limitedliabilitycompany,orpartnershipwheresuchpropertyhasbeendirectlyorindirectlyownedbysuchentityorownedbytheownersofsuchentity,andusedinorderivedfromsuchentityforaperiodofatleastthreeuninterruptedyears(twoforindividuals)priortothedateofthesale.

Form561-FisusedtodeterminetheOklahomaCapitalGainDeduction.EncloseForm561-FandacopyoftheFederalScheduleDandForm8949.Other Years Net Operating Loss - EncloseadetailedscheduleshowingoriginandNOLcompu-tation.AlsoencloseacopyofanyFederalNOLcomputation.Discharge of indebtedness under IRC Section 108(i)(1) –IncomefromdischargeofindebtednessdeferredunderIRCSection108(i)(1),whichwasaddedbacktocomputeOklahomataxableincomeintaxyear2010,maybepartiallydeducted.Deductanamountequaltotheportionofsuchdeferredincomeincludedinyourfederaltaxableincomefortaxyear2015.


Line 18 - Income Distribution Deduction:EnterthenetamountofOklahomaincomedistributed.

Line 19 - Estate Tax Deduction: ThefederalestatetaxdeductionshallbeproratedbasedonOkla-homatofederalincomeasdescribedabove(limitedto100%).

Line 20 - Exemption: ThefederalexemptionshallbeproratedbytheratiotheOkla-homaincomebearstotheFederal.WhenthetrustorestatehasinterestonU.S.Governmentobligations,theOklahomaprorationwillbecalculatedasfollows:Oklahomatotalincomedividedby(federaltotalincomeminusinterestfromU.S.Gov-ernmentobligations).OnlytheOklahomaproratashareshallbeincludedinColumnB.

Line 21 - Total Deductions:Totaloflines12through20-ThisisthetotalofallOklahomaexpensesanddeductionsallowedtothetrustorestate.

Line 22 - Taxable Income:Taxableincomeoffiduciary-Subtractline21fromline11.

Line 24 - Tax: Usingline23,ColumnB,findyourtaxintheFiduciaryTaxTablefoundonpages8-14.

Tax computation attachment:

ElectingSmallBusinessTrusts(ESBTs)IftheESBTboxischeckedonthefaceofthetaxreturn,at-tachthetaxcomputationfortheSportionoftheESBTtothereturn.Placean“X”intheboxonForm513,line24.

CharitableTrustandOtherIftheCharitableTrustorOtherboxischeckedonthefaceofthetaxreturnandanalternativemethodofcomputingtaxisused,attachthetaxcomputationtothereturn.Placean“X”intheboxonForm513,line24.

Line 25 - Credits:OtherCreditsForm:PleasereviewForm511CRforavailablecredits.Enterintheboxthenumberthatcorrespondswiththecredittowhichyouareentitled.Ifyouqualifyformorethanonetypeofcredit,en-ter“99”inthebox.EncloseForm511CRandanysupportingdocumentationrequired.TheForm511CRcanbeobtainedfromourwebsiteatwww.tax.ok.gov.

TaxcreditstransferredorallocatedmustbereportedonOTCForm569.FailuretofileForm569willresultintheaffectedcreditsbeingdeniedbytheOTCpursuantto68OSSec.2357.1A-2.

Line 27 - Oklahoma Estimated Tax Payments: Seegeneralinstructionsastowhoisrequiredtomakeestimatedtaxpayments.Estatesarenotrequiredtomakeestimatedtaxpayments.

DonotincludeonthislineanywithholdingpaidonbehalfofyourbeneficiariesonFormWTP10005orFormWTP10003.Suchwithholdingwillbereportedtoyournonresidentbenefi-ciaryonForm500-B.Toclaimsuchwithholdingatthefiduciarylevel,itshouldbeclaimedonline29,“OklahomaWithholding”.

Line 28 - Payments with Extension: Seegeneralinstructionsforinformationastofilingwithextension.


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Line 29 - Oklahoma Withholding: Toclaimwithholdingatthefiduciarylevel,enterthewithhold-ingonthisline.Totransferpartofthewithholdingtothebeneficiaries,subtracttheamounttransferredandenterthedifferenceonthisline.Entertheamounttransferredtoeachbeneficiary’sOklahomaScheduleK-1,line12.Totransferallofthewithholdingtothebeneficiaries,entereachbeneficiary’sshareofthewithholdingonanOklahomaScheduleK-1,line12.Do not enter any amount on line 29.Line 30 – Refundable Credits:Placean“X”inthebox(es)online30toreportanycreditfromForm577orForm578.IfclaimingtheRefundable Coal Credit,encloseForm577.Creditsearned,butnotused,baseduponactivityoccur-ringduringthetaxyearwillberefundedat85%ofthefaceamountofthecredits.Apass-throughentitythatdoesnotfileaclaimforadirectrefundwillallocatethecredittooneormoreofitsshareholders,partnersormembers.IfclaimingtheRefundable Credit for Electricity Generated by Zero-Emission Facilities,encloseForm578.Creditsearned,butnotused,basedonelectricitygeneratedduringthetaxyearwillberefundedtothetaxpayerat85%ofthefaceamountofthecredits.Apass-throughentitythatdoesnotfileaclaimforadirectrefundwillallocatethecredittooneormoreofitsshareholders,partnersormembers.Line 31 – Amounts Previously Paid:Whenfilinganamendedreturn,enteranyamountpaidwiththeoriginalreturnand/oranyamountpaidafteritwasfiled.Line 32 – Refunds or Overpayment Applied:Whenfilinganamendedreturn,enteranyrefundpreviouslyreceivedand/oranyoverpaymentpreviouslyapplied.Line 35 - Credit on Estimated Tax: Enteramountofrefundyouwishtoapplytonextyear’staxes.This line is not valid on Amended returns. This line can-not be amended or changed once the original return has been processed.Line 38 - Underpayment of Estimated Tax Interest: Ifthetrust’staxliabilityis$500ormore,estimatedtaxpay-mentsarerequired.Toavoidthe20%UnderpaymentofEs-timatedTaxInterest,timelyfiledestimatedtaxpaymentsarerequiredtobeequaltothesmallerof70%ofthecurrentyeartaxliabilityor100%ofyourprioryeartax.Thetaxliabilityisthetaxduelessallcreditsexceptamountspaidonestimatedtaxandextensionpayments.EncloseFormOW-8-P.Placean“X”intheboxiftheunderpaymentofestimatedtaxwascomputedusingtheannualizedincomeinstallmentmethod.Note: NoUnderpaymentofEstimatedTaxInterestshallbeim-posedifthetaxliabilityshownonthereturnislessthan$1,000.Ifanamended returnisfiledbeforetheduedateforfilingtheoriginalreturn,includinganyextension,thetaxshownontheamendedreturnisusedtodeterminetheamountofunderpay-ment.Iftheamendedreturnisfiledaftertheduedate,includingextension,thetaxshownontheamendedreturnwillnotbeusedtocomputetheamountofunderpayment.

Line 39 - Delinquent Penalty & Interest: Interestattherateof1.25%permonthshallbepaidonthetaxduefromtheoriginalduedateuntilpaid.90%ofthetaxliabilitymustbepaidbytheoriginalduedateofthereturntoavoidadelin-quentpenaltychargeof5%forlatepayment.

Page Three, Part TwoComplete an Oklahoma Schedule K-1 for each beneficiary.Beneficiaries’ Share of Income and Deductions:Ifthetrustorestatehasmorethanonebeneficiary,enclosewiththereturnadditionalschedulesthatfollowthesameformatasPart2.YoumayphotocopyPart2fortheadditionalbeneficiariesandencloseitwiththerestofthereturn.ProvideacopyoftheOklahomaScheduleK-1tothebeneficiary.Providethename,address,andsocialsecuritynumberofthebeneficiariesasrequested.The“FederalColumn”shouldin-cludetheexactfiguresasshownontheFederalScheduleK-1.Stateandmunicipalinterestshouldbeshowninthe“Okla-homaColumn”onlyandU.S.interestshouldbeshowninthe“FederalColumn”only.Enteranywithholdingbeingtransferredtoyourbeneficiary.Seeline29instructionsformoreinformation.Title68,OklahomaStatutes,providesthatanytermusedinthisActshallhavethesamemeaningaswhenusedinacomparablecontextintheIRC,exceptwhenspecificallyprovidedforintheOklahomaStatutesorRules.

•Intheeventthatyouowetaxes,pleaseencloseacheckormoneyorderpayableto“OklahomaTaxCommission”.

• Donotencloseanyothertaxreportsorcorrespondenceinthe envelope.

•ElectronicpaymentsareacceptedthroughtheOTCwebsite.Visitwww.tax.ok.govformoreinformation.

•Mailyourreturnandpaymentto:

Oklahoma Tax Commission Income Tax PO Box 26800 Oklahoma City, OK 73126-0800

When You Are Finished...

Oklahoma tax assistance, forms, FAQs, payment options

and much more, all available 24/7.

www.tax.ok.gov

Federal Employer Identification Number (FEIN)

TherequestforyourFEINisauthorizedbySection405,Title42,oftheUnitedStatesCode.Youmustprovidethisinformation.Itwillbeusedtoestablishyouridentityfortaxpurposesonly.

2015 Oklahoma Trusts and Estates Income Tax TableForm 513

and 513NRTable

ForFiduciary Returns

8

At least

But less than

If Oklahoma taxable income is:

$1,000

Up to $999

Your tax is:

$2,000

At least

But less than


$4,000

$3,000

Your tax is:

$5,000

At least

But less than


$10,000

$9,000

Your tax is:

$11,000

At least

But less than


$6,000

Your tax is:

$8,000

$7,000

0 50 0 50 100 0 100 150 1 150 200 1 200 250 1

250 300 1 300 350 2 350 400 2 400 450 2 450 500 2

500 550 3 550 600 3 600 650 3 650 700 3 700 750 4

750 800 4 800 850 4 850 900 4 900 950 5 950 1,000 5

1,000 1,050 5 1,050 1,100 6 1,100 1,150 6 1,150 1,200 7 1,200 1,250 7

1,250 1,300 8 1,300 1,350 8 1,350 1,400 9 1,400 1,450 9 1,450 1,500 10

1,500 1,550 10 1,550 1,600 11 1,600 1,650 11 1,650 1,700 12 1,700 1,750 12

1,750 1,800 13 1,800 1,850 13 1,850 1,900 14 1,900 1,950 14 1,950 2,000 15

2,000 2,050 15 2,050 2,100 16 2,100 2,150 16 2,150 2,200 17 2,200 2,250 17

2,250 2,300 18 2,300 2,350 18 2,350 2,400 19 2,400 2,450 19 2,450 2,500 20

2,500 2,550 21 2,550 2,600 22 2,600 2,650 23 2,650 2,700 24 2,700 2,750 25

2,750 2,800 26 2,800 2,850 27 2,850 2,900 28 2,900 2,950 29 2,950 3,000 30

3,000 3,050 31 3,050 3,100 32 3,100 3,150 33 3,150 3,200 34 3,200 3,250 35

3,250 3,300 36 3,300 3,350 37 3,350 3,400 38 3,400 3,450 39 3,450 3,500 40

3,500 3,550 41 3,550 3,600 42 3,600 3,650 43 3,650 3,700 44 3,700 3,750 45

3,750 3,800 46 3,800 3,850 47 3,850 3,900 49 3,900 3,950 50 3,950 4,000 52

4,000 4,050 53 4,050 4,100 55 4,100 4,150 56 4,150 4,200 58 4,200 4,250 59

4,250 4,300 61 4,300 4,350 62 4,350 4,400 64 4,400 4,450 65 4,450 4,500 67

4,500 4,550 68 4,550 4,600 70 4,600 4,650 71 4,650 4,700 73 4,700 4,750 74

4,750 4,800 76 4,800 4,850 77 4,850 4,900 79 4,900 4,950 81 4,950 5,000 83

5,000 5,050 85 5,050 5,100 87 5,100 5,150 89 5,150 5,200 91 5,200 5,250 93

5,250 5,300 95 5,300 5,350 97 5,350 5,400 99 5,400 5,450 101 5,450 5,500 103

5,500 5,550 105 5,550 5,600 107 5,600 5,650 109 5,650 5,700 111 5,700 5,750 113

5,750 5,800 115 5,800 5,850 117 5,850 5,900 119 5,900 5,950 121 5,950 6,000 123

6,000 6,050 125 6,050 6,100 127 6,100 6,150 129 6,150 6,200 131 6,200 6,250 133

6,250 6,300 135 6,300 6,350 137 6,350 6,400 139 6,400 6,450 141 6,450 6,500 143

6,500 6,550 145 6,550 6,600 147 6,600 6,650 149 6,650 6,700 151 6,700 6,750 153

6,750 6,800 155 6,800 6,850 157 6,850 6,900 159 6,900 6,950 161 6,950 7,000 163

7,000 7,050 165 7,050 7,100 167 7,100 7,150 169 7,150 7,200 171 7,200 7,250 173

7,250 7,300 175 7,300 7,350 178 7,350 7,400 180 7,400 7,450 183 7,450 7,500 185

7,500 7,550 188 7,550 7,600 190 7,600 7,650 193 7,650 7,700 195 7,700 7,750 198

7,750 7,800 200 7,800 7,850 203 7,850 7,900 205 7,900 7,950 208 7,950 8,000 210

8,000 8,050 213 8,050 8,100 215 8,100 8,150 218 8,150 8,200 220 8,200 8,250 223

8,250 8,300 225 8,300 8,350 228 8,350 8,400 230 8,400 8,450 233 8,450 8,500 235

8,500 8,550 238 8,550 8,600 240 8,600 8,650 243 8,650 8,700 245 8,700 8,750 248

8,750 8,800 250 8,800 8,850 253 8,850 8,900 256 8,900 8,950 258 8,950 9,000 261

9,000 9,050 264 9,050 9,100 266 9,100 9,150 269 9,150 9,200 271 9,200 9,250 274

9,250 9,300 277 9,300 9,350 279 9,350 9,400 282 9,400 9,450 285 9,450 9,500 287

9,500 9,550 290 9,550 9,600 292 9,600 9,650 295 9,650 9,700 298 9,700 9,750 300

9,750 9,800 303 9,800 9,850 306 9,850 9,900 308 9,900 9,950 311 9,950 10,000 313

10,000 10,050 31610,050 10,100 31910,100 10,150 32110,150 10,200 32410,200 10,250 327

10,250 10,300 32910,300 10,350 33210,350 10,400 33410,400 10,450 33710,450 10,500 340

10,500 10,550 34210,550 10,600 34510,600 10,650 34810,650 10,700 35010,700 10,750 353

10,750 10,800 35510,800 10,850 35810,850 10,900 36110,900 10,950 36310,950 11,000 366

11,000 11,050 36911,050 11,100 37111,100 11,150 37411,150 11,200 37611,200 11,250 379

11,250 11,300 38211,300 11,350 38411,350 11,400 38711,400 11,450 39011,450 11,500 392

11,500 11,550 39511,550 11,600 39711,600 11,650 40011,650 11,700 40311,700 11,750 405

11,750 11,800 40811,800 11,850 41111,850 11,900 41311,900 11,950 41611,950 12,000 418

21,000 21,050 89421,050 21,100 89621,100 21,150 89921,150 21,200 90121,200 21,250 904

21,250 21,300 90721,300 21,350 90921,350 21,400 91221,400 21,450 91521,450 21,500 917

21,500 21,550 92021,550 21,600 92221,600 21,650 92521,650 21,700 92821,700 21,750 930

21,750 21,800 93321,800 21,850 93621,850 21,900 93821,900 21,950 94121,950 22,000 943

22,000 22,050 94622,050 22,100 94922,100 22,150 95122,150 22,200 95422,200 22,250 957

22,250 22,300 95922,300 22,350 96222,350 22,400 96422,400 22,450 96722,450 22,500 970

22,500 22,550 97222,550 22,600 97522,600 22,650 97822,650 22,700 98022,700 22,750 983

22,750 22,800 98522,800 22,850 98822,850 22,900 99122,900 22,950 99322,950 23,000 996

23,000 23,050 99923,050 23,100 1,00123,100 23,150 1,00423,150 23,200 1,00623,200 23,250 1,009

23,250 23,300 1,01223,300 23,350 1,01423,350 23,400 1,01723,400 23,450 1,02023,450 23,500 1,022

23,500 23,550 1,02523,550 23,600 1,02723,600 23,650 1,03023,650 23,700 1,03323,700 23,750 1,035

23,750 23,800 1,03823,800 23,850 1,04123,850 23,900 1,04323,900 23,950 1,04623,950 24,000 1,048

18,000 18,050 73618,050 18,100 73918,100 18,150 74118,150 18,200 74418,200 18,250 747

18,250 18,300 74918,300 18,350 75218,350 18,400 75418,400 18,450 75718,450 18,500 760

18,500 18,550 76218,550 18,600 76518,600 18,650 76818,650 18,700 77018,700 18,750 773

18,750 18,800 77518,800 18,850 77818,850 18,900 78118,900 18,950 78318,950 19,000 786

19,000 19,050 78919,050 19,100 79119,100 19,150 79419,150 19,200 79619,200 19,250 799

19,250 19,300 80219,300 19,350 80419,350 19,400 80719,400 19,450 81019,450 19,500 812

19,500 19,550 81519,550 19,600 81719,600 19,650 82019,650 19,700 82319,700 19,750 825

19,750 19,800 82819,800 19,850 83119,850 19,900 83319,900 19,950 83619,950 20,000 838

20,000 20,050 84120,050 20,100 84420,100 20,150 84620,150 20,200 84920,200 20,250 852

20,250 20,300 85420,300 20,350 85720,350 20,400 85920,400 20,450 86220,450 20,500 865

20,500 20,550 86720,550 20,600 87020,600 20,650 87320,650 20,700 87520,700 20,750 878

20,750 20,800 88020,800 20,850 88320,850 20,900 88620,900 20,950 88820,950 21,000 891

15,000 15,050 57915,050 15,100 58115,100 15,150 58415,150 15,200 58615,200 15,250 589

15,250 15,300 59215,300 15,350 59415,350 15,400 59715,400 15,450 60015,450 15,500 602

15,500 15,550 60515,550 15,600 60715,600 15,650 61015,650 15,700 61315,700 15,750 615

15,750 15,800 61815,800 15,850 62115,850 15,900 62315,900 15,950 62615,950 16,000 628

16,000 16,050 63116,050 16,100 63416,100 16,150 63616,150 16,200 63916,200 16,250 642

16,250 16,300 64416,300 16,350 64716,350 16,400 64916,400 16,450 65216,450 16,500 655

16,500 16,550 65716,550 16,600 66016,600 16,650 66316,650 16,700 66516,700 16,750 668

16,750 16,800 67016,800 16,850 67316,850 16,900 67616,900 16,950 67816,950 17,000 681

17,000 17,050 68417,050 17,100 68617,100 17,150 68917,150 17,200 69117,200 17,250 694

17,250 17,300 69717,300 17,350 69917,350 17,400 70217,400 17,450 70517,450 17,500 707

17,500 17,550 71017,550 17,600 71217,600 17,650 71517,650 17,700 71817,700 17,750 720

17,750 17,800 72317,800 17,850 72617,850 17,900 72817,900 17,950 73117,950 18,000 733

12,000 12,050 42112,050 12,100 42412,100 12,150 42612,150 12,200 42912,200 12,250 432

12,250 12,300 43412,300 12,350 43712,350 12,400 43912,400 12,450 44212,450 12,500 445

12,500 12,550 44712,550 12,600 45012,600 12,650 45312,650 12,700 45512,700 12,750 458

12,750 12,800 46012,800 12,850 46312,850 12,900 46612,900 12,950 46812,950 13,000 471

13,000 13,050 47413,050 13,100 47613,100 13,150 47913,150 13,200 48113,200 13,250 484

13,250 13,300 48713,300 13,350 48913,350 13,400 49213,400 13,450 49513,450 13,500 497

13,500 13,550 50013,550 13,600 50213,600 13,650 50513,650 13,700 50813,700 13,750 510

13,750 13,800 51313,800 13,850 51613,850 13,900 51813,900 13,950 52113,950 14,000 523

14,000 14,050 52614,050 14,100 52914,100 14,150 53114,150 14,200 53414,200 14,250 537

14,250 14,300 53914,300 14,350 54214,350 14,400 54414,400 14,450 54714,450 14,500 550

14,500 14,550 55214,550 14,600 55514,600 14,650 55814,650 14,700 56014,700 14,750 563

14,750 14,800 56514,800 14,850 56814,850 14,900 57114,900 14,950 57314,950 15,000 576

9


and 513NRTable


At least

But less than


$13,000

$12,000

Your tax is:

$14,000

At least

But less than


Your tax is:

At least

But less than


$22,000

$21,000

Your tax is:

$23,000

At least

But less than


$18,000

Your tax is:

$20,000

$19,000

$15,000

$16,000

$17,000

10


and 513NRTable


At least

But less than


$24,000

Your tax is:

At least

But less than


Your tax is:

At least

But less than


$33,000

Your tax is:

At least

But less than


$30,000

Your tax is:

24,000 24,050 1,05124,050 24,100 1,05424,100 24,150 1,05624,150 24,200 1,05924,200 24,250 1,062

24,250 24,300 1,06424,300 24,350 1,06724,350 24,400 1,06924,400 24,450 1,07224,450 24,500 1,075

24,500 24,550 1,07724,550 24,600 1,08024,600 24,650 1,08324,650 24,700 1,08524,700 24,750 1,088

24,750 24,800 1,09024,800 24,850 1,09324,850 24,900 1,09624,900 24,950 1,09824,950 25,000 1,101

25,000 25,050 1,10425,050 25,100 1,10625,100 25,150 1,10925,150 25,200 1,11125,200 25,250 1,114

25,250 25,300 1,11725,300 25,350 1,11925,350 25,400 1,12225,400 25,450 1,12525,450 25,500 1,127

25,500 25,550 1,13025,550 25,600 1,13225,600 25,650 1,13525,650 25,700 1,13825,700 25,750 1,140

25,750 25,800 1,14325,800 25,850 1,14625,850 25,900 1,14825,900 25,950 1,15125,950 26,000 1,153

26,000 26,050 1,15626,050 26,100 1,15926,100 26,150 1,16126,150 26,200 1,16426,200 26,250 1,167

26,250 26,300 1,16926,300 26,350 1,17226,350 26,400 1,17426,400 26,450 1,17726,450 26,500 1,180

26,500 26,550 1,18226,550 26,600 1,18526,600 26,650 1,18826,650 26,700 1,19026,700 26,750 1,193

26,750 26,800 1,19526,800 26,850 1,19826,850 26,900 1,20126,900 26,950 1,20326,950 27,000 1,206

27,000 27,050 1,20927,050 27,100 1,21127,100 27,150 1,21427,150 27,200 1,21627,200 27,250 1,219

27,250 27,300 1,22227,300 27,350 1,22427,350 27,400 1,22727,400 27,450 1,23027,450 27,500 1,232

27,500 27,550 1,23527,550 27,600 1,23727,600 27,650 1,24027,650 27,700 1,24327,700 27,750 1,245

27,750 27,800 1,24827,800 27,850 1,25127,850 27,900 1,25327,900 27,950 1,25627,950 28,000 1,258

28,000 28,050 1,26128,050 28,100 1,26428,100 28,150 1,26628,150 28,200 1,26928,200 28,250 1,272

28,250 28,300 1,27428,300 28,350 1,27728,350 28,400 1,27928,400 28,450 1,28228,450 28,500 1,285

28,500 28,550 1,28728,550 28,600 1,29028,600 28,650 1,29328,650 28,700 1,29528,700 28,750 1,298

28,750 28,800 1,30028,800 28,850 1,30328,850 28,900 1,30628,900 28,950 1,30828,950 29,000 1,311

29,000 29,050 1,31429,050 29,100 1,31629,100 29,150 1,31929,150 29,200 1,32129,200 29,250 1,324

29,250 29,300 1,32729,300 29,350 1,32929,350 29,400 1,33229,400 29,450 1,33529,450 29,500 1,337

29,500 29,550 1,34029,550 29,600 1,34229,600 29,650 1,34529,650 29,700 1,34829,700 29,750 1,350

29,750 29,800 1,35329,800 29,850 1,35629,850 29,900 1,35829,900 29,950 1,36129,950 30,000 1,363

30,000 30,050 1,36630,050 30,100 1,36930,100 30,150 1,37130,150 30,200 1,37430,200 30,250 1,377

30,250 30,300 1,37930,300 30,350 1,38230,350 30,400 1,38430,400 30,450 1,38730,450 30,500 1,390

30,500 30,550 1,39230,550 30,600 1,39530,600 30,650 1,39830,650 30,700 1,40030,700 30,750 1,403

30,750 30,800 1,40530,800 30,850 1,40830,850 30,900 1,41130,900 30,950 1,41330,950 31,000 1,416

31,000 31,050 1,41931,050 31,100 1,42131,100 31,150 1,42431,150 31,200 1,42631,200 31,250 1,429

31,250 31,300 1,43231,300 31,350 1,43431,350 31,400 1,43731,400 31,450 1,44031,450 31,500 1,442

31,500 31,550 1,44531,550 31,600 1,44731,600 31,650 1,45031,650 31,700 1,45331,700 31,750 1,455

31,750 31,800 1,45831,800 31,850 1,46131,850 31,900 1,46331,900 31,950 1,46631,950 32,000 1,468

32,000 32,050 1,47132,050 32,100 1,47432,100 32,150 1,47632,150 32,200 1,47932,200 32,250 1,482

32,250 32,300 1,48432,300 32,350 1,48732,350 32,400 1,48932,400 32,450 1,49232,450 32,500 1,495

32,500 32,550 1,49732,550 32,600 1,50032,600 32,650 1,50332,650 32,700 1,50532,700 32,750 1,508

32,750 32,800 1,51032,800 32,850 1,51332,850 32,900 1,51632,900 32,950 1,51832,950 33,000 1,521

33,000 33,050 1,52433,050 33,100 1,52633,100 33,150 1,52933,150 33,200 1,53133,200 33,250 1,534

33,250 33,300 1,53733,300 33,350 1,53933,350 33,400 1,54233,400 33,450 1,54533,450 33,500 1,547

33,500 33,550 1,55033,550 33,600 1,55233,600 33,650 1,55533,650 33,700 1,55833,700 33,750 1,560

33,750 33,800 1,56333,800 33,850 1,56633,850 33,900 1,56833,900 33,950 1,57133,950 34,000 1,573

34,000 34,050 1,57634,050 34,100 1,57934,100 34,150 1,58134,150 34,200 1,58434,200 34,250 1,587

34,250 34,300 1,58934,300 34,350 1,59234,350 34,400 1,59434,400 34,450 1,59734,450 34,500 1,600

34,500 34,550 1,60234,550 34,600 1,60534,600 34,650 1,60834,650 34,700 1,61034,700 34,750 1,613

34,750 34,800 1,61534,800 34,850 1,61834,850 34,900 1,62134,900 34,950 1,62334,950 35,000 1,626

35,000 35,050 1,62935,050 35,100 1,63135,100 35,150 1,63435,150 35,200 1,63635,200 35,250 1,639

35,250 35,300 1,64235,300 35,350 1,64435,350 35,400 1,64735,400 35,450 1,65035,450 35,500 1,652

35,500 35,550 1,65535,550 35,600 1,65735,600 35,650 1,66035,650 35,700 1,66335,700 35,750 1,665

35,750 35,800 1,66835,800 35,850 1,67135,850 35,900 1,67335,900 35,950 1,67635,950 36,000 1,678

$25,000

$26,000

$27,000

$28,000

$29,000

$31,000

$32,000

$34,000

$35,000

11


and 513NRTable


At least

But less than


$36,000

Your tax is:

At least

But less than


Your tax is:

At least

But less than


$45,000

Your tax is:

At least

But less than


$42,000

Your tax is:

36,000 36,050 1,68136,050 36,100 1,68436,100 36,150 1,68636,150 36,200 1,68936,200 36,250 1,692

36,250 36,300 1,69436,300 36,350 1,69736,350 36,400 1,69936,400 36,450 1,70236,450 36,500 1,705

36,500 36,550 1,70736,550 36,600 1,71036,600 36,650 1,71336,650 36,700 1,71536,700 36,750 1,718

36,750 36,800 1,72036,800 36,850 1,72336,850 36,900 1,72636,900 36,950 1,72836,950 37,000 1,731

37,000 37,050 1,73437,050 37,100 1,73637,100 37,150 1,73937,150 37,200 1,74137,200 37,250 1,744

37,250 37,300 1,74737,300 37,350 1,74937,350 37,400 1,75237,400 37,450 1,75537,450 37,500 1,757

37,500 37,550 1,76037,550 37,600 1,76237,600 37,650 1,76537,650 37,700 1,76837,700 37,750 1,770

37,750 37,800 1,77337,800 37,850 1,77637,850 37,900 1,77837,900 37,950 1,78137,950 38,000 1,783

38,000 38,050 1,78638,050 38,100 1,78938,100 38,150 1,79138,150 38,200 1,79438,200 38,250 1,797

38,250 38,300 1,79938,300 38,350 1,80238,350 38,400 1,80438,400 38,450 1,80738,450 38,500 1,810

38,500 38,550 1,81238,550 38,600 1,81538,600 38,650 1,81838,650 38,700 1,82038,700 38,750 1,823

38,750 38,800 1,82538,800 38,850 1,82838,850 38,900 1,83138,900 38,950 1,83338,950 39,000 1,836

39,000 39,050 1,83939,050 39,100 1,84139,100 39,150 1,84439,150 39,200 1,84639,200 39,250 1,849

39,250 39,300 1,85239,300 39,350 1,85439,350 39,400 1,85739,400 39,450 1,86039,450 39,500 1,862

39,500 39,550 1,86539,550 39,600 1,86739,600 39,650 1,87039,650 39,700 1,87339,700 39,750 1,875

39,750 39,800 1,87839,800 39,850 1,88139,850 39,900 1,88339,900 39,950 1,88639,950 40,000 1,888

40,000 40,050 1,89140,050 40,100 1,89440,100 40,150 1,89640,150 40,200 1,89940,200 40,250 1,902

40,250 40,300 1,90440,300 40,350 1,90740,350 40,400 1,90940,400 40,450 1,91240,450 40,500 1,915

40,500 40,550 1,91740,550 40,600 1,92040,600 40,650 1,92340,650 40,700 1,92540,700 40,750 1,928

40,750 40,800 1,93040,800 40,850 1,93340,850 40,900 1,93640,900 40,950 1,93840,950 41,000 1,941

41,000 41,050 1,94441,050 41,100 1,94641,100 41,150 1,94941,150 41,200 1,95141,200 41,250 1,954

41,250 41,300 1,95741,300 41,350 1,95941,350 41,400 1,96241,400 41,450 1,96541,450 41,500 1,967

41,500 41,550 1,97041,550 41,600 1,97241,600 41,650 1,97541,650 41,700 1,97841,700 41,750 1,980

41,750 41,800 1,98341,800 41,850 1,98641,850 41,900 1,98841,900 41,950 1,99141,950 42,000 1,993

42,000 42,050 1,99642,050 42,100 1,99942,100 42,150 2,00142,150 42,200 2,00442,200 42,250 2,007

42,250 42,300 2,00942,300 42,350 2,01242,350 42,400 2,01442,400 42,450 2,01742,450 42,500 2,020

42,500 42,550 2,02242,550 42,600 2,02542,600 42,650 2,02842,650 42,700 2,03042,700 42,750 2,033

42,750 42,800 2,03542,800 42,850 2,03842,850 42,900 2,04142,900 42,950 2,04342,950 43,000 2,046

43,000 43,050 2,04943,050 43,100 2,05143,100 43,150 2,05443,150 43,200 2,05643,200 43,250 2,059

43,250 43,300 2,06243,300 43,350 2,06443,350 43,400 2,06743,400 43,450 2,07043,450 43,500 2,072

43,500 43,550 2,07543,550 43,600 2,07743,600 43,650 2,08043,650 43,700 2,08343,700 43,750 2,085

43,750 43,800 2,08843,800 43,850 2,09143,850 43,900 2,09343,900 43,950 2,09643,950 44,000 2,098

44,000 44,050 2,10144,050 44,100 2,10444,100 44,150 2,10644,150 44,200 2,10944,200 44,250 2,112

44,250 44,300 2,11444,300 44,350 2,11744,350 44,400 2,11944,400 44,450 2,12244,450 44,500 2,125

44,500 44,550 2,12744,550 44,600 2,13044,600 44,650 2,13344,650 44,700 2,13544,700 44,750 2,138

44,750 44,800 2,14044,800 44,850 2,14344,850 44,900 2,14644,900 44,950 2,14844,950 45,000 2,151

45,000 45,050 2,15445,050 45,100 2,15645,100 45,150 2,15945,150 45,200 2,16145,200 45,250 2,164

45,250 45,300 2,16745,300 45,350 2,16945,350 45,400 2,17245,400 45,450 2,17545,450 45,500 2,177

45,500 45,550 2,18045,550 45,600 2,18245,600 45,650 2,18545,650 45,700 2,18845,700 45,750 2,190

45,750 45,800 2,19345,800 45,850 2,19645,850 45,900 2,19845,900 45,950 2,20145,950 46,000 2,203

46,000 46,050 2,20646,050 46,100 2,20946,100 46,150 2,21146,150 46,200 2,21446,200 46,250 2,217

46,250 46,300 2,21946,300 46,350 2,22246,350 46,400 2,22446,400 46,450 2,22746,450 46,500 2,230

46,500 46,550 2,23246,550 46,600 2,23546,600 46,650 2,23846,650 46,700 2,24046,700 46,750 2,243

46,750 46,800 2,24546,800 46,850 2,24846,850 46,900 2,25146,900 46,950 2,25346,950 47,000 2,256

47,000 47,050 2,25947,050 47,100 2,26147,100 47,150 2,26447,150 47,200 2,26647,200 47,250 2,269

47,250 47,300 2,27247,300 47,350 2,27447,350 47,400 2,27747,400 47,450 2,28047,450 47,500 2,282

47,500 47,550 2,28547,550 47,600 2,28747,600 47,650 2,29047,650 47,700 2,29347,700 47,750 2,295

47,750 47,800 2,29847,800 47,850 2,30147,850 47,900 2,30347,900 47,950 2,30647,950 48,000 2,308

$37,000

$38,000

$39,000

$40,000

$41,000

$43,000

$44,000

$46,000

$47,000

12


and 513NRTable


At least

But less than


$48,000

Your tax is:

At least

But less than


Your tax is:

At least

But less than


$58,000

$57,000

Your tax is:

$59,000

At least

But less than


Your tax is:

$56,000

48,000 48,050 2,31148,050 48,100 2,31448,100 48,150 2,31648,150 48,200 2,31948,200 48,250 2,322

48,250 48,300 2,32448,300 48,350 2,32748,350 48,400 2,32948,400 48,450 2,33248,450 48,500 2,335

48,500 48,550 2,33748,550 48,600 2,34048,600 48,650 2,34348,650 48,700 2,34548,700 48,750 2,348

48,750 48,800 2,35048,800 48,850 2,35348,850 48,900 2,35648,900 48,950 2,35848,950 49,000 2,361

49,000 49,050 2,36449,050 49,100 2,36649,100 49,150 2,36949,150 49,200 2,37149,200 49,250 2,374

49,250 49,300 2,37749,300 49,350 2,37949,350 49,400 2,38249,400 49,450 2,38549,450 49,500 2,387

49,500 49,550 2,39049,550 49,600 2,39249,600 49,650 2,39549,650 49,700 2,39849,700 49,750 2,400

49,750 49,800 2,40349,800 49,850 2,40649,850 49,900 2,40849,900 49,950 2,41149,950 50,000 2,413

50,000 50,050 2,41650,050 50,100 2,41950,100 50,150 2,42150,150 50,200 2,42450,200 50,250 2,427

50,250 50,300 2,42950,300 50,350 2,43250,350 50,400 2,43450,400 50,450 2,43750,450 50,500 2,440

50,500 50,550 2,44250,550 50,600 2,44550,600 50,650 2,44850,650 50,700 2,45050,700 50,750 2,453

50,750 50,800 2,45550,800 50,850 2,45850,850 50,900 2,46150,900 50,950 2,46350,950 51,000 2,466

51,000 51,050 2,46951,050 51,100 2,47151,100 51,150 2,47451,150 51,200 2,47651,200 51,250 2,479

51,250 51,300 2,48251,300 51,350 2,48451,350 51,400 2,48751,400 51,450 2,49051,450 51,500 2,492

51,500 51,550 2,49551,550 51,600 2,49751,600 51,650 2,50051,650 51,700 2,50351,700 51,750 2,505

51,750 51,800 2,50851,800 51,850 2,51151,850 51,900 2,51351,900 51,950 2,51651,950 52,000 2,518

52,000 52,050 2,52152,050 52,100 2,52452,100 52,150 2,52652,150 52,200 2,52952,200 52,250 2,532

52,250 52,300 2,53452,300 52,350 2,53752,350 52,400 2,53952,400 52,450 2,54252,450 52,500 2,545

52,500 52,550 2,54752,550 52,600 2,55052,600 52,650 2,55352,650 52,700 2,55552,700 52,750 2,558

52,750 52,800 2,56052,800 52,850 2,56352,850 52,900 2,56652,900 52,950 2,56852,950 53,000 2,571

53,000 53,050 2,57453,050 53,100 2,57653,100 53,150 2,57953,150 53,200 2,58153,200 53,250 2,584

53,250 53,300 2,58753,300 53,350 2,58953,350 53,400 2,59253,400 53,450 2,59553,450 53,500 2,597

53,500 53,550 2,60053,550 53,600 2,60253,600 53,650 2,60553,650 53,700 2,60853,700 53,750 2,610

53,750 53,800 2,61353,800 53,850 2,61653,850 53,900 2,61853,900 53,950 2,62153,950 54,000 2,623

$49,000

$50,000

$51,000

$52,000

$53,000

$54,000

$55,000

54,000 54,050 2,62654,050 54,100 2,62954,100 54,150 2,63154,150 54,200 2,63454,200 54,250 2,637

54,250 54,300 2,63954,300 54,350 2,64254,350 54,400 2,64454,400 54,450 2,64754,450 54,500 2,650

54,500 54,550 2,65254,550 54,600 2,65554,600 54,650 2,65854,650 54,700 2,66054,700 54,750 2,663

54,750 54,800 2,66554,800 54,850 2,66854,850 54,900 2,67154,900 54,950 2,67354,950 55,000 2,676

55,000 55,050 2,67955,050 55,100 2,68155,100 55,150 2,68455,150 55,200 2,68655,200 55,250 2,689

55,250 55,300 2,69255,300 55,350 2,69455,350 55,400 2,69755,400 55,450 2,70055,450 55,500 2,702

55,500 55,550 2,70555,550 55,600 2,70755,600 55,650 2,71055,650 55,700 2,71355,700 55,750 2,715

55,750 55,800 2,71855,800 55,850 2,72155,850 55,900 2,72355,900 55,950 2,72655,950 56,000 2,728

56,000 56,050 2,73156,050 56,100 2,73456,100 56,150 2,73656,150 56,200 2,73956,200 56,250 2,742

56,250 56,300 2,74456,300 56,350 2,74756,350 56,400 2,74956,400 56,450 2,75256,450 56,500 2,755

56,500 56,550 2,75756,550 56,600 2,76056,600 56,650 2,76356,650 56,700 2,76556,700 56,750 2,768

56,750 56,800 2,77056,800 56,850 2,77356,850 56,900 2,77656,900 56,950 2,77856,950 57,000 2,781

57,000 57,050 2,78457,050 57,100 2,78657,100 57,150 2,78957,150 57,200 2,79157,200 57,250 2,794

57,250 57,300 2,79757,300 57,350 2,79957,350 57,400 2,80257,400 57,450 2,80557,450 57,500 2,807

57,500 57,550 2,81057,550 57,600 2,81257,600 57,650 2,81557,650 57,700 2,81857,700 57,750 2,820

57,750 57,800 2,82357,800 57,850 2,82657,850 57,900 2,82857,900 57,950 2,83157,950 58,000 2,833

58,000 58,050 2,83658,050 58,100 2,83958,100 58,150 2,84158,150 58,200 2,84458,200 58,250 2,847

58,250 58,300 2,84958,300 58,350 2,85258,350 58,400 2,85458,400 58,450 2,85758,450 58,500 2,860

58,500 58,550 2,86258,550 58,600 2,86558,600 58,650 2,86858,650 58,700 2,87058,700 58,750 2,873

58,750 58,800 2,87558,800 58,850 2,87858,850 58,900 2,88158,900 58,950 2,88358,950 59,000 2,886

59,000 59,050 2,88959,050 59,100 2,89159,100 59,150 2,89459,150 59,200 2,89659,200 59,250 2,899

59,250 59,300 2,90259,300 59,350 2,90459,350 59,400 2,90759,400 59,450 2,91059,450 59,500 2,912

59,500 59,550 2,91559,550 59,600 2,91759,600 59,650 2,92059,650 59,700 2,92359,700 59,750 2,925

59,750 59,800 2,92859,800 59,850 2,93159,850 59,900 2,93359,900 59,950 2,93659,950 60,000 2,938

13


and 513NRTable


At least

But less than


$61,000

$60,000

Your tax is:

$62,000

At least

But less than


Your tax is:

At least

But less than


$70,000

$69,000

Your tax is:

$71,000

At least

But less than


$66,000

Your tax is:

$68,000

$67,000

$63,000

$64,000

$65,000

60,000 60,050 2,94160,050 60,100 2,94460,100 60,150 2,94660,150 60,200 2,94960,200 60,250 2,952

60,250 60,300 2,95460,300 60,350 2,95760,350 60,400 2,95960,400 60,450 2,96260,450 60,500 2,965

60,500 60,550 2,96760,550 60,600 2,97060,600 60,650 2,97360,650 60,700 2,97560,700 60,750 2,978

60,750 60,800 2,98060,800 60,850 2,98360,850 60,900 2,98660,900 60,950 2,98860,950 61,000 2,991

61,000 61,050 2,99461,050 61,100 2,99661,100 61,150 2,99961,150 61,200 3,00161,200 61,250 3,004

61,250 61,300 3,00761,300 61,350 3,00961,350 61,400 3,01261,400 61,450 3,01561,450 61,500 3,017

61,500 61,550 3,02061,550 61,600 3,02261,600 61,650 3,02561,650 61,700 3,02861,700 61,750 3,030

61,750 61,800 3,03361,800 61,850 3,03661,850 61,900 3,03861,900 61,950 3,04161,950 62,000 3,043

62,000 62,050 3,04662,050 62,100 3,04962,100 62,150 3,05162,150 62,200 3,05462,200 62,250 3,057

62,250 62,300 3,05962,300 62,350 3,06262,350 62,400 3,06462,400 62,450 3,06762,450 62,500 3,070

62,500 62,550 3,07262,550 62,600 3,07562,600 62,650 3,07862,650 62,700 3,08062,700 62,750 3,083

62,750 62,800 3,08562,800 62,850 3,08862,850 62,900 3,09162,900 62,950 3,09362,950 63,000 3,096

63,000 63,050 3,09963,050 63,100 3,10163,100 63,150 3,10463,150 63,200 3,10663,200 63,250 3,109

63,250 63,300 3,11263,300 63,350 3,11463,350 63,400 3,11763,400 63,450 3,12063,450 63,500 3,122

63,500 63,550 3,12563,550 63,600 3,12763,600 63,650 3,13063,650 63,700 3,13363,700 63,750 3,135

63,750 63,800 3,13863,800 63,850 3,14163,850 63,900 3,14363,900 63,950 3,14663,950 64,000 3,148

64,000 64,050 3,15164,050 64,100 3,15464,100 64,150 3,15664,150 64,200 3,15964,200 64,250 3,162

64,250 64,300 3,16464,300 64,350 3,16764,350 64,400 3,16964,400 64,450 3,17264,450 64,500 3,175

64,500 64,550 3,17764,550 64,600 3,18064,600 64,650 3,18364,650 64,700 3,18564,700 64,750 3,188

64,750 64,800 3,19064,800 64,850 3,19364,850 64,900 3,19664,900 64,950 3,19864,950 65,000 3,201

65,000 65,050 3,20465,050 65,100 3,20665,100 65,150 3,20965,150 65,200 3,21165,200 65,250 3,214

65,250 65,300 3,21765,300 65,350 3,21965,350 65,400 3,22265,400 65,450 3,22565,450 65,500 3,227

65,500 65,550 3,23065,550 65,600 3,23265,600 65,650 3,23565,650 65,700 3,23865,700 65,750 3,240

65,750 65,800 3,24365,800 65,850 3,24665,850 65,900 3,24865,900 65,950 3,25165,950 66,000 3,253

66,000 66,050 3,25666,050 66,100 3,25966,100 66,150 3,26166,150 66,200 3,26466,200 66,250 3,267

66,250 66,300 3,26966,300 66,350 3,27266,350 66,400 3,27466,400 66,450 3,27766,450 66,500 3,280

66,500 66,550 3,28266,550 66,600 3,28566,600 66,650 3,28866,650 66,700 3,29066,700 66,750 3,293

66,750 66,800 3,29566,800 66,850 3,29866,850 66,900 3,30166,900 66,950 3,30366,950 67,000 3,306

67,000 67,050 3,30967,050 67,100 3,31167,100 67,150 3,31467,150 67,200 3,31667,200 67,250 3,319

67,250 67,300 3,32267,300 67,350 3,32467,350 67,400 3,32767,400 67,450 3,33067,450 67,500 3,332

67,500 67,550 3,33567,550 67,600 3,33767,600 67,650 3,34067,650 67,700 3,34367,700 67,750 3,345

67,750 67,800 3,34867,800 67,850 3,35167,850 67,900 3,35367,900 67,950 3,35667,950 68,000 3,358

68,000 68,050 3,36168,050 68,100 3,36468,100 68,150 3,36668,150 68,200 3,36968,200 68,250 3,372

68,250 68,300 3,37468,300 68,350 3,37768,350 68,400 3,37968,400 68,450 3,38268,450 68,500 3,385

68,500 68,550 3,38768,550 68,600 3,39068,600 68,650 3,39368,650 68,700 3,39568,700 68,750 3,398

68,750 68,800 3,40068,800 68,850 3,40368,850 68,900 3,40668,900 68,950 3,40868,950 69,000 3,411

69,000 69,050 3,41469,050 69,100 3,41669,100 69,150 3,41969,150 69,200 3,42169,200 69,250 3,424

69,250 69,300 3,42769,300 69,350 3,42969,350 69,400 3,43269,400 69,450 3,43569,450 69,500 3,437

69,500 69,550 3,44069,550 69,600 3,44269,600 69,650 3,44569,650 69,700 3,44869,700 69,750 3,450

69,750 69,800 3,45369,800 69,850 3,45669,850 69,900 3,45869,900 69,950 3,46169,950 70,000 3,463

70,000 70,050 3,46670,050 70,100 3,46970,100 70,150 3,47170,150 70,200 3,47470,200 70,250 3,477

70,250 70,300 3,47970,300 70,350 3,48270,350 70,400 3,48470,400 70,450 3,48770,450 70,500 3,490

70,500 70,550 3,49270,550 70,600 3,49570,600 70,650 3,49870,650 70,700 3,50070,700 70,750 3,503

70,750 70,800 3,50570,800 70,850 3,50870,850 70,900 3,51170,900 70,950 3,51370,950 71,000 3,516

71,000 71,050 3,51971,050 71,100 3,52171,100 71,150 3,52471,150 71,200 3,52671,200 71,250 3,529

71,250 71,300 3,53271,300 71,350 3,53471,350 71,400 3,53771,400 71,450 3,54071,450 71,500 3,542

71,500 71,550 3,54571,550 71,600 3,54771,600 71,650 3,55071,650 71,700 3,55371,700 71,750 3,555

71,750 71,800 3,55871,800 71,850 3,56171,850 71,900 3,56371,900 71,950 3,56671,950 72,000 3,568

14


and 513NRTable


At least

But less than


$73,000

$72,000

Your tax is:

$74,000

At least

But less than


Your tax is:

At least

But less than


$79,000

Your tax is:

At least

But less than


$77,000

Your tax is:

$75,000

$76,000 $78,000 $80,000

Worksheet for

Calculating Tax

on Taxable

Income of

$81,000

or More

1.TaxableIncome 2.Less -81,000 3.Subtract:Line1minusLine2 4.MultiplyLine3by.0525 5.Taxon$81,000 +4,042 6.Add:Line4plusLine5=Total Tax

$4,042 + 5.25% over $81,000

72,000 72,050 3,57172,050 72,100 3,57472,100 72,150 3,57672,150 72,200 3,57972,200 72,250 3,58272,250 72,300 3,584

72,300 72,350 3,58772,350 72,400 3,58972,400 72,450 3,59272,450 72,500 3,59572,500 72,550 3,597

72,550 72,600 3,60072,600 72,650 3,60372,650 72,700 3,60572,700 72,750 3,60872,750 72,800 3,610

72,800 72,850 3,61372,850 72,900 3,61672,900 72,950 3,61872,950 73,000 3,621

73,000 73,050 3,62473,050 73,100 3,62673,100 73,150 3,62973,150 73,200 3,63173,200 73,250 3,634

73,250 73,300 3,63773,300 73,350 3,63973,350 73,400 3,64273,400 73,450 3,64573,450 73,500 3,647

73,500 73,550 3,65073,550 73,600 3,65273,600 73,650 3,65573,650 73,700 3,65873,700 73,750 3,660

73,750 73,800 3,66373,800 73,850 3,66673,850 73,900 3,66873,900 73,950 3,67173,950 74,000 3,673

74,000 74,050 3,67674,050 74,100 3,67974,100 74,150 3,68174,150 74,200 3,68474,200 74,250 3,687

74,250 74,300 3,68974,300 74,350 3,69274,350 74,400 3,69474,400 74,450 3,69774,450 74,500 3,700

74,500 74,550 3,70274,550 74,600 3,70574,600 74,650 3,70874,650 74,700 3,71074,700 74,750 3,713

74,750 74,800 3,71574,800 74,850 3,71874,850 74,900 3,72174,900 74,950 3,72374,950 75,000 3,726

75,000 75,050 3,72975,050 75,100 3,73175,100 75,150 3,73475,150 75,200 3,73675,200 75,250 3,739

75,250 75,300 3,74275,300 75,350 3,74475,350 75,400 3,74775,400 75,450 3,75075,450 75,500 3,752

75,500 75,550 3,75575,550 75,600 3,75775,600 75,650 3,76075,650 75,700 3,76375,700 75,750 3,765

75,750 75,800 3,76875,800 75,850 3,77175,850 75,900 3,77375,900 75,950 3,77675,950 76,000 3,778

76,000 76,050 3,78176,050 76,100 3,78476,100 76,150 3,78676,150 76,200 3,78976,200 76,250 3,792

76,250 76,300 3,79476,300 76,350 3,79776,350 76,400 3,79976,400 76,450 3,80276,450 76,500 3,805

76,500 76,550 3,80776,550 76,600 3,81076,600 76,650 3,81376,650 76,700 3,81576,700 76,750 3,818

76,750 76,800 3,82076,800 76,850 3,82376,850 76,900 3,82676,900 76,950 3,82876,950 77,000 3,831

77,000 77,050 3,83477,050 77,100 3,83677,100 77,150 3,83977,150 77,200 3,84177,200 77,250 3,844

77,250 77,300 3,84777,300 77,350 3,84977,350 77,400 3,85277,400 77,450 3,85577,450 77,500 3,857

77,500 77,550 3,86077,550 77,600 3,86277,600 77,650 3,86577,650 77,700 3,86877,700 77,750 3,870

77,750 77,800 3,87377,800 77,850 3,87677,850 77,900 3,87877,900 77,950 3,88177,950 78,000 3,883

78,000 78,050 3,88678,050 78,100 3,88978,100 78,150 3,89178,150 78,200 3,89478,200 78,250 3,897

78,250 78,300 3,89978,300 78,350 3,90278,350 78,400 3,90478,400 78,450 3,90778,450 78,500 3,910

78,500 78,550 3,91278,550 78,600 3,91578,600 78,650 3,91878,650 78,700 3,92078,700 78,750 3,923

78,750 78,800 3,92578,800 78,850 3,92878,850 78,900 3,93178,900 78,950 3,93378,950 79,000 3,936

79,000 79,050 3,93979,050 79,100 3,94179,100 79,150 3,94479,150 79,200 3,94679,200 79,250 3,949

79,250 79,300 3,95279,300 79,350 3,95479,350 79,400 3,95779,400 79,450 3,96079,450 79,500 3,962

79,500 79,550 3,96579,550 79,600 3,96779,600 79,650 3,97079,650 79,700 3,97379,700 79,750 3,975

79,750 79,800 3,97879,800 79,850 3,98179,850 79,900 3,98379,900 79,950 3,98679,950 80,000 3,988

80,000 80,050 3,99180,050 80,100 3,99480,100 80,150 3,99680,150 80,200 3,99980,200 80,250 4,002

80,250 80,300 4,00480,300 80,350 4,00780,350 80,400 4,00980,400 80,450 4,01280,450 80,500 4,015

80,500 80,550 4,01780,550 80,600 4,02080,600 80,650 4,02380,650 80,700 4,02580,700 80,750 4,028

80,750 80,800 4,03080,800 80,850 4,03380,850 80,900 4,03680,900 80,950 4,03880,950 81,000 4,041

Whether you need a tax form, have a question or need further information,

there are many ways to reach us.

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

How to Contact the Oklahoma Tax Commission

15

Direct Deposit Information

ABC Corporation123MainStreetAnyplace,OK00000

1234

ANYPLACE BANKAnyplace,OK00000

For

PAYTOTHE ORDEROF $

15-0000/0000

DOLLARS

:120120012 : 2020268620 1234

RoutingNumber

AccountNumberSAMPLE

SAMPLE Note:Theroutingandaccountnumbersmayappearindifferentplacesonyourcheck.

Placean‘X’intheappropriateboxastowhethertherefundwillbegoingintoacheckingorsavings account.Pleasekeepinmindyouwillnotreceivenotificationofthedeposit.

Fillouttheroutingnumber.Theroutingnumbermustbeninedigits.Usingthesamplecheckshownbelow,theroutingnumberis120120012.Ifthefirsttwodigitsarenot01through12or21through32,thedirectdepositwillfailtoprocess.

Enteryouraccountnumber.Theaccountnumbercanbeupto17characters(bothnumbersand letters).Includehyphensbutomitspacesandspecialsymbols.Enterthenumberfromlefttoright andleaveanyunusedboxesblank.Onthesamplecheckshownbelow,theaccountnumberis 2020268620.

12

3

WARNING!Duetoelectronicbankingrules,theOTCwillnotallowdirectdepositstoorthroughforeignfinancialinsti-tutions.Ifyouuseaforeignfinancialinstitutionorhaveaforeignaddressonyourincometaxreturn,youwillbeissuedapapercheck.IfyouhaveanaddresswithanAPO,FPOorDPO,youarenotconsideredtohaveaforeignaddress;yourrefundwillbedirectlydeposited.

Pleasecompletethedirectdepositboxonthetaxreturntohavetherefunddirectlydepositedintoyourac-countatabankorotherfinancialinstitution.

Please Note: TheOTCisnotresponsibleifafinancialinstitutionrefusedadirectdeposit.Ifadirectdepositisre-fused,acheckwillbeissuedtotheaddressshownonthetaxreturn.

Office Locations!

Oklahoma City2501NorthLincolnBoulevard

Tulsa440SouthHouston,5thFloor

Visit Us on the Web!You’llfindawealth

ofinformationonourwebsite,includingdownloadabletaxforms,answersto

commonquestions,andonlinefilingoptionsforbothincomeandbusinesstaxes!

www.tax.ok.govGive Us a Call!TaxpayerServiceCenter

(405) 521-3160

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Oklahoma Resident Fiduciary Return of IncomeThis form must be filed on or before the 15th day of the fourth month after the close of the taxable year.

Place an ‘X’ in this box if this is an amended 513:

AMENDED RETURN!

Name of estate or trust:

Name and title of fiduciary:

Address of fiduciary: (number and street)

City, State or Province, Country and ZIP or Foreign Postal Code:

Federal Employer Identification Number: Date Entity Created:

Important!

Was a 2014 Fiduciary Income Tax Return filed?

Yes No

Place an ‘X’ in all applicable boxes:

Decedent’s Estate Grantor Type Trust Pooled Income Fund Simple Trust Complex Trust Bankruptcy EstateESBT Charitable Trust Other: (describe) ____________________________________________________________

Number of Beneficiaries:

This form is for residents only. Nonresidents use Form 513NR.

Interest income (except government obligations) ..................................... 1

Interest on obligations of the United States ............................................. 2

State and municipal interest ..................................................................... 3

Dividends .................................................................................................. 4

Business income or (loss) ........................................................................ 5

Capital gain or (loss)................................................................................. 6

Rents, royalties, partnerships, other estates and trusts, etc..................... 7

Farm income or (loss) ............................................................................... 8

Ordinary gain or (loss) .............................................................................. 9

Other income (state nature of income) ..................................................... 10

Total income (add lines 1 through 10) ..................................................... 11

Column BTotal applicable to OklahomaIncome (enclose necessary schedule(s) for lines 2-10)

Important: Enclose a copy of your Federal return. Also enclose aschedule for Oklahoma amounts when different from Federal.Part 1

Deductions

Column AAs reported on Federal return

This is a(n): Initial Return Final Return

1

2

3

4

5

6

7

8

9

10

11

00000000

00

00

00

00

00

00

00

Interest (enclose schedule) ...................................................................... 12 Taxes (enclose schedule) ......................................................................... 13 Fiduciary fees (enclose waiver for estates) .............................................. 14 Charitable deduction................................................................................. 15

Attorney, accountant, and return preparer fees .................................................. 16

Other deductions (enclose schedule) ....................................................... 17

Income distribution deduction (use Oklahoma Schedule K-1; see instructions) .. 18

Federal estate tax deduction (enclose schedule) ..................................... 19

Exemption................................................................................................. 20

Total Deductions (add lines 12 through 20) ............................................ 21

Taxable Income of Fiduciary (subtract line 21 from line 11) .................. 22

00000000

00

00

00

00

00

00

00

12131415

16

17

18

19

20

21

22

For the year January 1 - December 31, 2015, or other taxable yearbeginning:

2015ending:

, ,

Form 5132015

Oklahoma Resident Fiduciary Return of Income

If you have asked for an extension from the IRS, place an ‘X’ here and enclose a copy with this return

If the Tax Commission may discuss this return with your tax preparer, place an ‘X’ here

Signature of Fiduciary Date

Title

Signature of Preparer Date

Preparer’s Address

Phone Number Preparer’s PTIN

Under penalties of perjury, I declare I have examined this return, including accompanying statements, and to the best of my knowledge and belief it is true, correct and complete.If prepared by person other than the taxpayer, this declaration is based on all information of which preparer has any knowledge.

The Oklahoma Tax Commission is not required to give actual notice to taxpayers of changes in any state tax law.Remit to Oklahoma Tax Commission, PO Box 26800, Oklahoma City, Oklahoma 73126-0800

If line 26 is larger than line 33 enter tax due ................................................................ Tax Due 37

Underpayment of estimated tax interest ................................................................... Annualized 38For delinquent payment, add penalty of 5% ...................................$ ____________________ plus interest at 1.25% per month ...........................................................$ ____________________ ..........39

Total tax, penalty and interest (add lines 37, 38 and 39) .......................................Balance Due 40

00

00

0000

FEIN of Fiduciary Phone Number

Yes Nochecking account savings account Deposit my refund in my:

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

Routing Number:

Account Number:

Want a Faster Refund?Elect to have your refund directly deposited into your checking or savings account.

For Direct Deposit information, see page 15 of the 513 Packet.

37

3839

40

Make check payable to the Oklahoma Tax Commission

Taxable income of fiduciary (Amount shown on line 22, Column B).....................................................23Tax on amount on line 23 column B (from tax table - see 513 Packet) If an ESBT or Charitable Trust, see the instructions and place an ‘X’ in this box .. ..................24

Credits: Enter number in box for type of credit. Enclose Form 511CR. (See instructions) ...... ..25

Balance of tax due (subtract line 25 from line 24, but not less than zero) ............................................262015 Oklahoma estimated tax payments(i.e. Form(s) OW-8-ESC) .......................................................................27Amount paid with extension request.......................................................28Oklahoma withholding (enclose Form 1099, 500-B or other withholding statement) ...29

Refundable Credits from Form .......a) 577 .......... b) 578 ......... 30Amount paid with original return and amount paid after it was filed (amended return only) ............................................................................31

Any refunds or overpayment applied (amended return only) .................32

Total of lines 27 through 32 ..................................................................................................................33

If line 33 is larger than line 26, enter amount overpaid ................................................................34 Amount of line 34 to be credited to 2016 estimated tax (original return only) ....................................................................35

Amount of line 34 to be refunded to you .............................................................Refunded 36

Column BTotal applicable to Oklahoma

00

00

00

00

00

00

00

00

0000

00

00

00

00

( )

3435

36

Name of estate or trust: Federal Employer Identification Number:

Form 513 - page 2

2324

25

2627

2829

3031

3233

Part 2: Beneficiary’s Share of Income and Deductions

Form 513 - page 3Oklahoma

Schedule K-1 2015

Interest ...................................................................................................................... 1Dividends .................................................................................................................... 2Short-term capital gain (or loss) ................................................................................. 3Long-term capital gain (or loss) .................................................................................. 4Other taxable income: a. Annuities, royalties and other nonpassive income .......................................5a b. Trade or business, rental real estate and other passive income ..................5bState and municipal interest ....................................................................................... 6U.S. interest ................................................................................................................ 7

Federal Oklahoma

a. Depreciation, depletion, amortization attributable to line 5a ...............................8ab. Depreciation, depletion, amortization attributable to line 5b ...............................8bExpenses allocable to Federally-exempt income ....................................................... 9Expenses allocable to Oklahoma-exempt income.....................................................10

Deductions in the final year of trust or decedent’s estate: a. Excess deductions on termination .............................................................. 11a b. Net operating loss carryover ...................................................................... 11b

Withholding ................................................................................................................12Other: a. __________________________________________________________ 13a b. __________________________________________________________ 13b c. __________________________________________________________ 13c d. __________________________________________________________ 13d e. __________________________________________________________ 13e f. __________________________________________________________ 13 f g. __________________________________________________________ 13g

Name of estate or trust

Beneficiary’s name, address and ZIP

Amended K-1Final K-1Nonresident

Estate’s or trust’s Federal Employer Identification Number

Fiduciary’s name, address and ZIP

12345

67

Income

8

91011

1213

Beneficiary’s FEIN/SSN

Deductions

For calendar year 2015 or fiscal year beginning ________________________________, 2015

and ending ________________________________________________________ , _________.

2015 Oklahoma Resident Fiduciary Income Tax Forms · PDF file• Includes Form 513 2015...

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Transcript of 2015 Oklahoma Resident Fiduciary Income Tax Forms · PDF file• Includes Form 513 2015...