2017 Oklahoma Resident Fiduciary Income Tax …€¢ Includes Form 513 2017 Oklahoma Resident...

• Includes Form 513

2017 Oklahoma Resident FiduciaryIncome Tax Forms and Instructions

This packet contains: • Instructions for completing the Form 513 •513fiduciaryincometaxform •2017fiduciaryincometaxtable Filing date: •Generally,yourreturnmustbepostmarkedby

April15,2018forcalendaryearreturns. •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 2017.

What’s New in the 2017 Oklahoma Fiduciary Tax Packet?

General Filing Information

Only 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...Toavoidpenaltyandinterestthetaxmustbepaidinfullatthetimeoffilingthereturn.Incaseanextensionforfilingthereturnisrequested,anestimateofthetaxduemustbefiledandtheestimatedtaxpaidinfullbeforeanextensioncanbegranted.TheFiduciaryshallberesponsibleformakingthereturn,andthereturnshallbesignedbythefiduciary,orbyonefiduciaryifthereismorethanone.

Bankruptcy...TheFiduciarymustfileForm513,fortheestateofanindividu-alinvolvedinbankruptcyproceedings,ifafederalincometaxreturnisrequiredforthebankruptcyestate.UseForm513asatransmittalforForm511.ComputethetaxforthebankruptcyestateontheForm511byusingtheinstructionsandtax

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$750ormore,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.

2017 Oklahoma Fiduciary Income Tax

2

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

•AportionoftheOklahomaAffordableHousingTaxCreditclaimedinapreviousyearmayhavetoberecaptured.Seetheinstructionsonpage6.

(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.

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

Trustswhichfailtofileadeclarationandpayestimatedtaxaresubjecttopenaltyandinterestonunderpayment.UseFormOW-8-ESCforfilinganestimate.

Estatesarenotrequiredtomakeestimatedtaxpayments.

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

Amended Returns...UsetheFiduciaryForm513andmarktheAmendedReturnbox.Enteronline31anyamountpaidwiththeoriginalreturnplusanyamountpaidafteritwasfiled.Enteronline32anyrefundpreviouslyreceivedoroverpaymentapplied.CompleteSchedule513-Xonpage4.EncloseacopyofthefederalamendedreturnandproofofInternalRevenueServicerefundorpayment,ifavailablepriortoexpirationofthestatuteoflim-itations. Overpayments 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,asdefinedin52OSSec288.2,whencomputingOklahomadepletionshallbelimitedto50%ofthenetincome(computedwithouttheallowancefordeple-tion)fromeachproperty.

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

Net Operating Loss...Fortaxyears2009andsubsequent,theyearstowhichanNOLmaybecarriedshallbedeterminedsolelybyreferencetoSection172oftheInternalRevenueCode(IRC).Thenetoperatinglosswhichisnotactuallyutilizedshallnotreducethecarryover.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.


3 (continued on page 4)


4

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,Part2,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 Forms 513 and 513NR can be electronically filed? E-filing is the fastest

and easiest way to file your taxes.

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

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

E-file!

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.


6

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.Deductanamountequaltotheportionofsuchdeferredincomeincludedinyourfederaltaxableincomefortaxyear2017.


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.Entera“1”intheboxonForm513,line24.

CharitableTrustandOtherIftheCharitableTrustorOtherboxischeckedonthefaceofthetaxreturnandanalternativemethodofcomputingtaxisused,attachthetaxcomputationtothereturn.Entera“1”intheboxonForm513,line24.

Recapture of the Oklahoma Affordable Housing Tax Credit:IfunderIRCSection42aportionofanyfederallow-incomehousingcreditstakenonaqualifiedprojectisrequiredtoberecapturedduringthefirst10yearsafteraprojectisplacedinservice,thetaxpayerclaimingOklahomaAffordableHousingTaxCreditswithrespecttosuchprojectshallalsoberequiredtorecaptureaportionofsuchcredits.TheamountofOkla-homaAffordableHousingTaxCreditssubjecttorecaptureisproportionallyequaltotheamountoffederallow-incomehousingcreditssubjecttorecapture.AddtherecapturedcredittotheOklahomaincometaxandentera“2”intheboxonForm513,line24.

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

TaxcreditstransferredorallocatedmustbereportedonOTCForm569.FailuretofileForm569willresultintheaffectedcreditsbeingdeniedbytheOTCpursuantto68OSSec.2357.1A-2.


7

Line 27 - Oklahoma Estimated Tax Payments: Seegeneralinstructionsastowhoisrequiredtomakeestimatedtaxpayments.Estatesarenotrequiredtomakeestimatedtaxpayments.DonotincludeonthislineanywithholdingpaidonbehalfofyourbeneficiariesonFormWTP10005orFormWTP10003.Suchwithholdingwillbereportedtoyournonresidentben-eficiaryonForm500-B.Toclaimsuchwithholdingatthefiduciarylevel,itshouldbeclaimedonline29,“OklahomaWithholding”.

Line 28 - Payments with Extension: Seegeneralinstructionsforinformationastofilingwithextension.Line 29 - Oklahoma Withholding: Toclaimwithholdingatthefiduciarylevel,enterthewithholdingonthisline.Totransferpartofthewithholdingtothebeneficiaries,subtracttheamounttransferredandenterthedifferenceonthisline.Entertheamounttransferredtoeachbeneficiary’sOklahomaScheduleK-1,line12.Totransferallofthewithholdingtothebeneficiaries,entereachbeneficiary’sshareofthewithholdingonanOklahomaSched-uleK-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,baseduponactivityoccurringdur-ingthetaxyearwillberefundedat85%ofthefaceamountofthecredits.Foranycreditcalculated,thecreditallowedisequalto75%oftheamountotherwiseprovided.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 cannot be amended or changed once the original return has been processed.Line 38 - Underpayment of Estimated Tax Interest: Ifthetrust’staxliabilityis$500ormore,estimatedtaxpay-mentsarerequired.Toavoidthe20%UnderpaymentofEstimatedTaxInterest,timelyfiledestimatedtaxpaymentsarerequiredtobeequaltothesmallerof70%ofthecurrentyeartaxliabilityor100%ofyourprioryeartax.Thetaxliabilityisthetaxduelessallcreditsexceptamountspaidonestimatedtaxandextensionpayments.EncloseFormOW-8-P.

Line 38 - Underpayment of Estimated Tax Interest (continued)...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%ofthetaxliabilitymustbepaidbytheoriginalduedateofthereturntoavoidadelinquentpenaltychargeof5%forlatepayment.

Page Three, Part TwoComplete an Oklahoma Schedule K-1 for each beneficiary.Beneficiaries’ Share of Income and Deductions:Ifthetrustorestatehasmorethanonebeneficiary,enclosewiththereturnadditionalschedulesthatfollowthesameformatasPart2.YoumayphotocopyPart2fortheadditionalbeneficia-riesandencloseitwiththerestofthereturn.ProvideacopyoftheOklahomaScheduleK-1tothebeneficiary.Providethename,address,andsocialsecuritynumberofthebeneficiariesasrequested.The“FederalColumn”shouldin-cludetheexactfiguresasshownontheFederalScheduleK-1.Stateandmunicipalinterestshouldbeshowninthe“OklahomaColumn”onlyandU.S.interestshouldbeshowninthe“FederalColumn”only.Enteranywithholdingbeingtransferredtoyourbeneficiary.Seeline29instructionsformoreinformation.Title68,OklahomaStatutes,providesthatanytermusedinthisActshallhavethesamemeaningaswhenusedinacompa-rablecontextintheIRC,exceptwhenspecificallyprovidedforintheOklahomaStatutesorRules.

•Intheeventthatyouowetaxes,pleaseencloseacheckormoneyorderpayableto“OklahomaTaxCommission”.• Donotencloseanyothertaxreportsorcorrespondenceinthe envelope.•ElectronicpaymentsareacceptedthroughtheOTCwebsite.Visit www.tax.ok.govformoreinformation.•Mailyourreturnandpaymentto:

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

When You Are Finished...

Federal Employer Identification Number (FEIN)

TherequestforyourFEINisauthorizedbySection405,Title42,oftheUnitedStatesCode.Youmustprovidethisinformation.Itwillbeusedtoestablishyouridentityfortaxpurposesonly.

2017 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 8,900 255 8,900 8,950 258 8,950 9,000 260

9,000 9,050 263 9,050 9,100 265 9,100 9,150 268 9,150 9,200 270 9,200 9,250 273

9,250 9,300 275 9,300 9,350 278 9,350 9,400 280 9,400 9,450 283 9,450 9,500 285

9,500 9,550 288 9,550 9,600 290 9,600 9,650 293 9,650 9,700 295 9,700 9,750 298

9,750 9,800 300 9,800 9,850 303 9,850 9,900 305 9,900 9,950 308 9,950 10,000 310

10,000 10,050 31310,050 10,100 31510,100 10,150 31810,150 10,200 32010,200 10,250 323

10,250 10,300 32510,300 10,350 32810,350 10,400 33010,400 10,450 33310,450 10,500 335

10,500 10,550 33810,550 10,600 34010,600 10,650 34310,650 10,700 34510,700 10,750 348

10,750 10,800 35010,800 10,850 35310,850 10,900 35510,900 10,950 35810,950 11,000 360

11,000 11,050 36311,050 11,100 36511,100 11,150 36811,150 11,200 37011,200 11,250 373

11,250 11,300 37511,300 11,350 37811,350 11,400 38011,400 11,450 38311,450 11,500 385

11,500 11,550 38811,550 11,600 39011,600 11,650 39311,650 11,700 39511,700 11,750 398

11,750 11,800 40011,800 11,850 40311,850 11,900 40511,900 11,950 40811,950 12,000 410

21,000 21,050 86321,050 21,100 86521,100 21,150 86821,150 21,200 87021,200 21,250 873

21,250 21,300 87521,300 21,350 87821,350 21,400 88021,400 21,450 88321,450 21,500 885

21,500 21,550 88821,550 21,600 89021,600 21,650 89321,650 21,700 89521,700 21,750 898

21,750 21,800 90021,800 21,850 90321,850 21,900 90521,900 21,950 90821,950 22,000 910

22,000 22,050 91322,050 22,100 91522,100 22,150 91822,150 22,200 92022,200 22,250 923

22,250 22,300 92522,300 22,350 92822,350 22,400 93022,400 22,450 93322,450 22,500 935

22,500 22,550 93822,550 22,600 94022,600 22,650 94322,650 22,700 94522,700 22,750 948

22,750 22,800 95022,800 22,850 95322,850 22,900 95522,900 22,950 95822,950 23,000 960

23,000 23,050 96323,050 23,100 96523,100 23,150 96823,150 23,200 97023,200 23,250 973

23,250 23,300 97523,300 23,350 97823,350 23,400 98023,400 23,450 98323,450 23,500 985

23,500 23,550 98823,550 23,600 99023,600 23,650 99323,650 23,700 99523,700 23,750 998

23,750 23,800 1,00023,800 23,850 1,00323,850 23,900 1,00523,900 23,950 1,00823,950 24,000 1,010

18,000 18,050 71318,050 18,100 71518,100 18,150 71818,150 18,200 72018,200 18,250 723

18,250 18,300 72518,300 18,350 72818,350 18,400 73018,400 18,450 73318,450 18,500 735

18,500 18,550 73818,550 18,600 74018,600 18,650 74318,650 18,700 74518,700 18,750 748

18,750 18,800 75018,800 18,850 75318,850 18,900 75518,900 18,950 75818,950 19,000 760

19,000 19,050 76319,050 19,100 76519,100 19,150 76819,150 19,200 77019,200 19,250 773

19,250 19,300 77519,300 19,350 77819,350 19,400 78019,400 19,450 78319,450 19,500 785

19,500 19,550 78819,550 19,600 79019,600 19,650 79319,650 19,700 79519,700 19,750 798

19,750 19,800 80019,800 19,850 80319,850 19,900 80519,900 19,950 80819,950 20,000 810

20,000 20,050 81320,050 20,100 81520,100 20,150 81820,150 20,200 82020,200 20,250 823

20,250 20,300 82520,300 20,350 82820,350 20,400 83020,400 20,450 83320,450 20,500 835

20,500 20,550 83820,550 20,600 84020,600 20,650 84320,650 20,700 84520,700 20,750 848

20,750 20,800 85020,800 20,850 85320,850 20,900 85520,900 20,950 85820,950 21,000 860

15,000 15,050 56315,050 15,100 56515,100 15,150 56815,150 15,200 57015,200 15,250 573

15,250 15,300 57515,300 15,350 57815,350 15,400 58015,400 15,450 58315,450 15,500 585

15,500 15,550 58815,550 15,600 59015,600 15,650 59315,650 15,700 59515,700 15,750 598

15,750 15,800 60015,800 15,850 60315,850 15,900 60515,900 15,950 60815,950 16,000 610

16,000 16,050 61316,050 16,100 61516,100 16,150 61816,150 16,200 62016,200 16,250 623

16,250 16,300 62516,300 16,350 62816,350 16,400 63016,400 16,450 63316,450 16,500 635

16,500 16,550 63816,550 16,600 64016,600 16,650 64316,650 16,700 64516,700 16,750 648

16,750 16,800 65016,800 16,850 65316,850 16,900 65516,900 16,950 65816,950 17,000 660

17,000 17,050 66317,050 17,100 66517,100 17,150 66817,150 17,200 67017,200 17,250 673

17,250 17,300 67517,300 17,350 67817,350 17,400 68017,400 17,450 68317,450 17,500 685

17,500 17,550 68817,550 17,600 69017,600 17,650 69317,650 17,700 69517,700 17,750 698

17,750 17,800 70017,800 17,850 70317,850 17,900 70517,900 17,950 70817,950 18,000 710

12,000 12,050 41312,050 12,100 41512,100 12,150 41812,150 12,200 42012,200 12,250 423

12,250 12,300 42512,300 12,350 42812,350 12,400 43012,400 12,450 43312,450 12,500 435

12,500 12,550 43812,550 12,600 44012,600 12,650 44312,650 12,700 44512,700 12,750 448

12,750 12,800 45012,800 12,850 45312,850 12,900 45512,900 12,950 45812,950 13,000 460

13,000 13,050 46313,050 13,100 46513,100 13,150 46813,150 13,200 47013,200 13,250 473

13,250 13,300 47513,300 13,350 47813,350 13,400 48013,400 13,450 48313,450 13,500 485

13,500 13,550 48813,550 13,600 49013,600 13,650 49313,650 13,700 49513,700 13,750 498

13,750 13,800 50013,800 13,850 50313,850 13,900 50513,900 13,950 50813,950 14,000 510

14,000 14,050 51314,050 14,100 51514,100 14,150 51814,150 14,200 52014,200 14,250 523

14,250 14,300 52514,300 14,350 52814,350 14,400 53014,400 14,450 53314,450 14,500 535

14,500 14,550 53814,550 14,600 54014,600 14,650 54314,650 14,700 54514,700 14,750 548

14,750 14,800 55014,800 14,850 55314,850 14,900 55514,900 14,950 55814,950 15,000 560

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 1,01324,050 24,100 1,01524,100 24,150 1,01824,150 24,200 1,02024,200 24,250 1,023

24,250 24,300 1,02524,300 24,350 1,02824,350 24,400 1,03024,400 24,450 1,03324,450 24,500 1,035

24,500 24,550 1,03824,550 24,600 1,04024,600 24,650 1,04324,650 24,700 1,04524,700 24,750 1,048

24,750 24,800 1,05024,800 24,850 1,05324,850 24,900 1,05524,900 24,950 1,05824,950 25,000 1,060

25,000 25,050 1,06325,050 25,100 1,06525,100 25,150 1,06825,150 25,200 1,07025,200 25,250 1,073

25,250 25,300 1,07525,300 25,350 1,07825,350 25,400 1,08025,400 25,450 1,08325,450 25,500 1,085

25,500 25,550 1,08825,550 25,600 1,09025,600 25,650 1,09325,650 25,700 1,09525,700 25,750 1,098

25,750 25,800 1,10025,800 25,850 1,10325,850 25,900 1,10525,900 25,950 1,10825,950 26,000 1,110

26,000 26,050 1,11326,050 26,100 1,11526,100 26,150 1,11826,150 26,200 1,12026,200 26,250 1,123

26,250 26,300 1,12526,300 26,350 1,12826,350 26,400 1,13026,400 26,450 1,13326,450 26,500 1,135

26,500 26,550 1,13826,550 26,600 1,14026,600 26,650 1,14326,650 26,700 1,14526,700 26,750 1,148

26,750 26,800 1,15026,800 26,850 1,15326,850 26,900 1,15526,900 26,950 1,15826,950 27,000 1,160

27,000 27,050 1,16327,050 27,100 1,16527,100 27,150 1,16827,150 27,200 1,17027,200 27,250 1,173

27,250 27,300 1,17527,300 27,350 1,17827,350 27,400 1,18027,400 27,450 1,18327,450 27,500 1,185

27,500 27,550 1,18827,550 27,600 1,19027,600 27,650 1,19327,650 27,700 1,19527,700 27,750 1,198

27,750 27,800 1,20027,800 27,850 1,20327,850 27,900 1,20527,900 27,950 1,20827,950 28,000 1,210

28,000 28,050 1,21328,050 28,100 1,21528,100 28,150 1,21828,150 28,200 1,22028,200 28,250 1,223

28,250 28,300 1,22528,300 28,350 1,22828,350 28,400 1,23028,400 28,450 1,23328,450 28,500 1,235

28,500 28,550 1,23828,550 28,600 1,24028,600 28,650 1,24328,650 28,700 1,24528,700 28,750 1,248

28,750 28,800 1,25028,800 28,850 1,25328,850 28,900 1,25528,900 28,950 1,25828,950 29,000 1,260

29,000 29,050 1,26329,050 29,100 1,26529,100 29,150 1,26829,150 29,200 1,27029,200 29,250 1,273

29,250 29,300 1,27529,300 29,350 1,27829,350 29,400 1,28029,400 29,450 1,28329,450 29,500 1,285

29,500 29,550 1,28829,550 29,600 1,29029,600 29,650 1,29329,650 29,700 1,29529,700 29,750 1,298

29,750 29,800 1,30029,800 29,850 1,30329,850 29,900 1,30529,900 29,950 1,30829,950 30,000 1,310

30,000 30,050 1,31330,050 30,100 1,31530,100 30,150 1,31830,150 30,200 1,32030,200 30,250 1,323

30,250 30,300 1,32530,300 30,350 1,32830,350 30,400 1,33030,400 30,450 1,33330,450 30,500 1,335

30,500 30,550 1,33830,550 30,600 1,34030,600 30,650 1,34330,650 30,700 1,34530,700 30,750 1,348

30,750 30,800 1,35030,800 30,850 1,35330,850 30,900 1,35530,900 30,950 1,35830,950 31,000 1,360

31,000 31,050 1,36331,050 31,100 1,36531,100 31,150 1,36831,150 31,200 1,37031,200 31,250 1,373

31,250 31,300 1,37531,300 31,350 1,37831,350 31,400 1,38031,400 31,450 1,38331,450 31,500 1,385

31,500 31,550 1,38831,550 31,600 1,39031,600 31,650 1,39331,650 31,700 1,39531,700 31,750 1,398

31,750 31,800 1,40031,800 31,850 1,40331,850 31,900 1,40531,900 31,950 1,40831,950 32,000 1,410

32,000 32,050 1,41332,050 32,100 1,41532,100 32,150 1,41832,150 32,200 1,42032,200 32,250 1,423

32,250 32,300 1,42532,300 32,350 1,42832,350 32,400 1,43032,400 32,450 1,43332,450 32,500 1,435

32,500 32,550 1,43832,550 32,600 1,44032,600 32,650 1,44332,650 32,700 1,44532,700 32,750 1,448

32,750 32,800 1,45032,800 32,850 1,45332,850 32,900 1,45532,900 32,950 1,45832,950 33,000 1,460

33,000 33,050 1,46333,050 33,100 1,46533,100 33,150 1,46833,150 33,200 1,47033,200 33,250 1,473

33,250 33,300 1,47533,300 33,350 1,47833,350 33,400 1,48033,400 33,450 1,48333,450 33,500 1,485

33,500 33,550 1,48833,550 33,600 1,49033,600 33,650 1,49333,650 33,700 1,49533,700 33,750 1,498

33,750 33,800 1,50033,800 33,850 1,50333,850 33,900 1,50533,900 33,950 1,50833,950 34,000 1,510

34,000 34,050 1,51334,050 34,100 1,51534,100 34,150 1,51834,150 34,200 1,52034,200 34,250 1,523

34,250 34,300 1,52534,300 34,350 1,52834,350 34,400 1,53034,400 34,450 1,53334,450 34,500 1,535

34,500 34,550 1,53834,550 34,600 1,54034,600 34,650 1,54334,650 34,700 1,54534,700 34,750 1,548

34,750 34,800 1,55034,800 34,850 1,55334,850 34,900 1,55534,900 34,950 1,55834,950 35,000 1,560

35,000 35,050 1,56335,050 35,100 1,56535,100 35,150 1,56835,150 35,200 1,57035,200 35,250 1,573

35,250 35,300 1,57535,300 35,350 1,57835,350 35,400 1,58035,400 35,450 1,58335,450 35,500 1,585

35,500 35,550 1,58835,550 35,600 1,59035,600 35,650 1,59335,650 35,700 1,59535,700 35,750 1,598

35,750 35,800 1,60035,800 35,850 1,60335,850 35,900 1,60535,900 35,950 1,60835,950 36,000 1,610

$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 1,61336,050 36,100 1,61536,100 36,150 1,61836,150 36,200 1,62036,200 36,250 1,623

36,250 36,300 1,62536,300 36,350 1,62836,350 36,400 1,63036,400 36,450 1,63336,450 36,500 1,635

36,500 36,550 1,63836,550 36,600 1,64036,600 36,650 1,64336,650 36,700 1,64536,700 36,750 1,648

36,750 36,800 1,65036,800 36,850 1,65336,850 36,900 1,65536,900 36,950 1,65836,950 37,000 1,660

37,000 37,050 1,66337,050 37,100 1,66537,100 37,150 1,66837,150 37,200 1,67037,200 37,250 1,673

37,250 37,300 1,67537,300 37,350 1,67837,350 37,400 1,68037,400 37,450 1,68337,450 37,500 1,685

37,500 37,550 1,68837,550 37,600 1,69037,600 37,650 1,69337,650 37,700 1,69537,700 37,750 1,698

37,750 37,800 1,70037,800 37,850 1,70337,850 37,900 1,70537,900 37,950 1,70837,950 38,000 1,710

38,000 38,050 1,71338,050 38,100 1,71538,100 38,150 1,71838,150 38,200 1,72038,200 38,250 1,723

38,250 38,300 1,72538,300 38,350 1,72838,350 38,400 1,73038,400 38,450 1,73338,450 38,500 1,735

38,500 38,550 1,73838,550 38,600 1,74038,600 38,650 1,74338,650 38,700 1,74538,700 38,750 1,748

38,750 38,800 1,75038,800 38,850 1,75338,850 38,900 1,75538,900 38,950 1,75838,950 39,000 1,760

39,000 39,050 1,76339,050 39,100 1,76539,100 39,150 1,76839,150 39,200 1,77039,200 39,250 1,773

39,250 39,300 1,77539,300 39,350 1,77839,350 39,400 1,78039,400 39,450 1,78339,450 39,500 1,785

39,500 39,550 1,78839,550 39,600 1,79039,600 39,650 1,79339,650 39,700 1,79539,700 39,750 1,798

39,750 39,800 1,80039,800 39,850 1,80339,850 39,900 1,80539,900 39,950 1,80839,950 40,000 1,810

40,000 40,050 1,81340,050 40,100 1,81540,100 40,150 1,81840,150 40,200 1,82040,200 40,250 1,823

40,250 40,300 1,82540,300 40,350 1,82840,350 40,400 1,83040,400 40,450 1,83340,450 40,500 1,835

40,500 40,550 1,83840,550 40,600 1,84040,600 40,650 1,84340,650 40,700 1,84540,700 40,750 1,848

40,750 40,800 1,85040,800 40,850 1,85340,850 40,900 1,85540,900 40,950 1,85840,950 41,000 1,860

41,000 41,050 1,86341,050 41,100 1,86541,100 41,150 1,86841,150 41,200 1,87041,200 41,250 1,873

41,250 41,300 1,87541,300 41,350 1,87841,350 41,400 1,88041,400 41,450 1,88341,450 41,500 1,885

41,500 41,550 1,88841,550 41,600 1,89041,600 41,650 1,89341,650 41,700 1,89541,700 41,750 1,898

41,750 41,800 1,90041,800 41,850 1,90341,850 41,900 1,90541,900 41,950 1,90841,950 42,000 1,910

42,000 42,050 1,91342,050 42,100 1,91542,100 42,150 1,91842,150 42,200 1,92042,200 42,250 1,923

42,250 42,300 1,92542,300 42,350 1,92842,350 42,400 1,93042,400 42,450 1,93342,450 42,500 1,935

42,500 42,550 1,93842,550 42,600 1,94042,600 42,650 1,94342,650 42,700 1,94542,700 42,750 1,948

42,750 42,800 1,95042,800 42,850 1,95342,850 42,900 1,95542,900 42,950 1,95842,950 43,000 1,960

43,000 43,050 1,96343,050 43,100 1,96543,100 43,150 1,96843,150 43,200 1,97043,200 43,250 1,973

43,250 43,300 1,97543,300 43,350 1,97843,350 43,400 1,98043,400 43,450 1,98343,450 43,500 1,985

43,500 43,550 1,98843,550 43,600 1,99043,600 43,650 1,99343,650 43,700 1,99543,700 43,750 1,998

43,750 43,800 2,00043,800 43,850 2,00343,850 43,900 2,00543,900 43,950 2,00843,950 44,000 2,010

44,000 44,050 2,01344,050 44,100 2,01544,100 44,150 2,01844,150 44,200 2,02044,200 44,250 2,023

44,250 44,300 2,02544,300 44,350 2,02844,350 44,400 2,03044,400 44,450 2,03344,450 44,500 2,035

44,500 44,550 2,03844,550 44,600 2,04044,600 44,650 2,04344,650 44,700 2,04544,700 44,750 2,048

44,750 44,800 2,05044,800 44,850 2,05344,850 44,900 2,05544,900 44,950 2,05844,950 45,000 2,060

45,000 45,050 2,06345,050 45,100 2,06545,100 45,150 2,06845,150 45,200 2,07045,200 45,250 2,073

45,250 45,300 2,07545,300 45,350 2,07845,350 45,400 2,08045,400 45,450 2,08345,450 45,500 2,085

45,500 45,550 2,08845,550 45,600 2,09045,600 45,650 2,09345,650 45,700 2,09545,700 45,750 2,098

45,750 45,800 2,10045,800 45,850 2,10345,850 45,900 2,10545,900 45,950 2,10845,950 46,000 2,110

46,000 46,050 2,11346,050 46,100 2,11546,100 46,150 2,11846,150 46,200 2,12046,200 46,250 2,123

46,250 46,300 2,12546,300 46,350 2,12846,350 46,400 2,13046,400 46,450 2,13346,450 46,500 2,135

46,500 46,550 2,13846,550 46,600 2,14046,600 46,650 2,14346,650 46,700 2,14546,700 46,750 2,148

46,750 46,800 2,15046,800 46,850 2,15346,850 46,900 2,15546,900 46,950 2,15846,950 47,000 2,160

47,000 47,050 2,16347,050 47,100 2,16547,100 47,150 2,16847,150 47,200 2,17047,200 47,250 2,173

47,250 47,300 2,17547,300 47,350 2,17847,350 47,400 2,18047,400 47,450 2,18347,450 47,500 2,185

47,500 47,550 2,18847,550 47,600 2,19047,600 47,650 2,19347,650 47,700 2,19547,700 47,750 2,198

47,750 47,800 2,20047,800 47,850 2,20347,850 47,900 2,20547,900 47,950 2,20847,950 48,000 2,210

$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 2,21348,050 48,100 2,21548,100 48,150 2,21848,150 48,200 2,22048,200 48,250 2,223

48,250 48,300 2,22548,300 48,350 2,22848,350 48,400 2,23048,400 48,450 2,23348,450 48,500 2,235

48,500 48,550 2,23848,550 48,600 2,24048,600 48,650 2,24348,650 48,700 2,24548,700 48,750 2,248

48,750 48,800 2,25048,800 48,850 2,25348,850 48,900 2,25548,900 48,950 2,25848,950 49,000 2,260

49,000 49,050 2,26349,050 49,100 2,26549,100 49,150 2,26849,150 49,200 2,27049,200 49,250 2,273

49,250 49,300 2,27549,300 49,350 2,27849,350 49,400 2,28049,400 49,450 2,28349,450 49,500 2,285

49,500 49,550 2,28849,550 49,600 2,29049,600 49,650 2,29349,650 49,700 2,29549,700 49,750 2,298

49,750 49,800 2,30049,800 49,850 2,30349,850 49,900 2,30549,900 49,950 2,30849,950 50,000 2,310

50,000 50,050 2,31350,050 50,100 2,31550,100 50,150 2,31850,150 50,200 2,32050,200 50,250 2,323

50,250 50,300 2,32550,300 50,350 2,32850,350 50,400 2,33050,400 50,450 2,33350,450 50,500 2,335

50,500 50,550 2,33850,550 50,600 2,34050,600 50,650 2,34350,650 50,700 2,34550,700 50,750 2,348

50,750 50,800 2,35050,800 50,850 2,35350,850 50,900 2,35550,900 50,950 2,35850,950 51,000 2,360

51,000 51,050 2,36351,050 51,100 2,36551,100 51,150 2,36851,150 51,200 2,37051,200 51,250 2,373

51,250 51,300 2,37551,300 51,350 2,37851,350 51,400 2,38051,400 51,450 2,38351,450 51,500 2,385

51,500 51,550 2,38851,550 51,600 2,39051,600 51,650 2,39351,650 51,700 2,39551,700 51,750 2,398

51,750 51,800 2,40051,800 51,850 2,40351,850 51,900 2,40551,900 51,950 2,40851,950 52,000 2,410

52,000 52,050 2,41352,050 52,100 2,41552,100 52,150 2,41852,150 52,200 2,42052,200 52,250 2,423

52,250 52,300 2,42552,300 52,350 2,42852,350 52,400 2,43052,400 52,450 2,43352,450 52,500 2,435

52,500 52,550 2,43852,550 52,600 2,44052,600 52,650 2,44352,650 52,700 2,44552,700 52,750 2,448

52,750 52,800 2,45052,800 52,850 2,45352,850 52,900 2,45552,900 52,950 2,45852,950 53,000 2,460

53,000 53,050 2,46353,050 53,100 2,46553,100 53,150 2,46853,150 53,200 2,47053,200 53,250 2,473

53,250 53,300 2,47553,300 53,350 2,47853,350 53,400 2,48053,400 53,450 2,48353,450 53,500 2,485

53,500 53,550 2,48853,550 53,600 2,49053,600 53,650 2,49353,650 53,700 2,49553,700 53,750 2,498

53,750 53,800 2,50053,800 53,850 2,50353,850 53,900 2,50553,900 53,950 2,50853,950 54,000 2,510

$49,000

$50,000

$51,000

$52,000

$53,000

$54,000

$55,000

54,000 54,050 2,51354,050 54,100 2,51554,100 54,150 2,51854,150 54,200 2,52054,200 54,250 2,523

54,250 54,300 2,52554,300 54,350 2,52854,350 54,400 2,53054,400 54,450 2,53354,450 54,500 2,535

54,500 54,550 2,53854,550 54,600 2,54054,600 54,650 2,54354,650 54,700 2,54554,700 54,750 2,548

54,750 54,800 2,55054,800 54,850 2,55354,850 54,900 2,55554,900 54,950 2,55854,950 55,000 2,560

55,000 55,050 2,56355,050 55,100 2,56555,100 55,150 2,56855,150 55,200 2,57055,200 55,250 2,573

55,250 55,300 2,57555,300 55,350 2,57855,350 55,400 2,58055,400 55,450 2,58355,450 55,500 2,585

55,500 55,550 2,58855,550 55,600 2,59055,600 55,650 2,59355,650 55,700 2,59555,700 55,750 2,598

55,750 55,800 2,60055,800 55,850 2,60355,850 55,900 2,60555,900 55,950 2,60855,950 56,000 2,610

56,000 56,050 2,61356,050 56,100 2,61556,100 56,150 2,61856,150 56,200 2,62056,200 56,250 2,623

56,250 56,300 2,62556,300 56,350 2,62856,350 56,400 2,63056,400 56,450 2,63356,450 56,500 2,635

56,500 56,550 2,63856,550 56,600 2,64056,600 56,650 2,64356,650 56,700 2,64556,700 56,750 2,648

56,750 56,800 2,65056,800 56,850 2,65356,850 56,900 2,65556,900 56,950 2,65856,950 57,000 2,660

57,000 57,050 2,66357,050 57,100 2,66557,100 57,150 2,66857,150 57,200 2,67057,200 57,250 2,673

57,250 57,300 2,67557,300 57,350 2,67857,350 57,400 2,68057,400 57,450 2,68357,450 57,500 2,685

57,500 57,550 2,68857,550 57,600 2,69057,600 57,650 2,69357,650 57,700 2,69557,700 57,750 2,698

57,750 57,800 2,70057,800 57,850 2,70357,850 57,900 2,70557,900 57,950 2,70857,950 58,000 2,710

58,000 58,050 2,71358,050 58,100 2,71558,100 58,150 2,71858,150 58,200 2,72058,200 58,250 2,723

58,250 58,300 2,72558,300 58,350 2,72858,350 58,400 2,73058,400 58,450 2,73358,450 58,500 2,735

58,500 58,550 2,73858,550 58,600 2,74058,600 58,650 2,74358,650 58,700 2,74558,700 58,750 2,748

58,750 58,800 2,75058,800 58,850 2,75358,850 58,900 2,75558,900 58,950 2,75858,950 59,000 2,760

59,000 59,050 2,76359,050 59,100 2,76559,100 59,150 2,76859,150 59,200 2,77059,200 59,250 2,773

59,250 59,300 2,77559,300 59,350 2,77859,350 59,400 2,78059,400 59,450 2,78359,450 59,500 2,785

59,500 59,550 2,78859,550 59,600 2,79059,600 59,650 2,79359,650 59,700 2,79559,700 59,750 2,798

59,750 59,800 2,80059,800 59,850 2,80359,850 59,900 2,80559,900 59,950 2,80859,950 60,000 2,810

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 2,81360,050 60,100 2,81560,100 60,150 2,81860,150 60,200 2,82060,200 60,250 2,823

60,250 60,300 2,82560,300 60,350 2,82860,350 60,400 2,83060,400 60,450 2,83360,450 60,500 2,835

60,500 60,550 2,83860,550 60,600 2,84060,600 60,650 2,84360,650 60,700 2,84560,700 60,750 2,848

60,750 60,800 2,85060,800 60,850 2,85360,850 60,900 2,85560,900 60,950 2,85860,950 61,000 2,860

61,000 61,050 2,86361,050 61,100 2,86561,100 61,150 2,86861,150 61,200 2,87061,200 61,250 2,873

61,250 61,300 2,87561,300 61,350 2,87861,350 61,400 2,88061,400 61,450 2,88361,450 61,500 2,885

61,500 61,550 2,88861,550 61,600 2,89061,600 61,650 2,89361,650 61,700 2,89561,700 61,750 2,898

61,750 61,800 2,90061,800 61,850 2,90361,850 61,900 2,90561,900 61,950 2,90861,950 62,000 2,910

62,000 62,050 2,91362,050 62,100 2,91562,100 62,150 2,91862,150 62,200 2,92062,200 62,250 2,923

62,250 62,300 2,92562,300 62,350 2,92862,350 62,400 2,93062,400 62,450 2,93362,450 62,500 2,935 62,500 62,550 2,93862,550 62,600 2,94062,600 62,650 2,94362,650 62,700 2,94562,700 62,750 2,948

62,750 62,800 2,95062,800 62,850 2,95362,850 62,900 2,95562,900 62,950 2,95862,950 63,000 2,960

63,000 63,050 2,96363,050 63,100 2,96563,100 63,150 2,96863,150 63,200 2,97063,200 63,250 2,973 63,250 63,300 2,97563,300 63,350 2,97863,350 63,400 2,98063,400 63,450 2,98363,450 63,500 2,985

63,500 63,550 2,98863,550 63,600 2,99063,600 63,650 2,99363,650 63,700 2,99563,700 63,750 2,998

63,750 63,800 3,00063,800 63,850 3,00363,850 63,900 3,00563,900 63,950 3,00863,950 64,000 3,010

64,000 64,050 3,01364,050 64,100 3,01564,100 64,150 3,01864,150 64,200 3,02064,200 64,250 3,023

64,250 64,300 3,02564,300 64,350 3,02864,350 64,400 3,03064,400 64,450 3,03364,450 64,500 3,035

64,500 64,550 3,03864,550 64,600 3,04064,600 64,650 3,04364,650 64,700 3,04564,700 64,750 3,048

64,750 64,800 3,05064,800 64,850 3,05364,850 64,900 3,05564,900 64,950 3,05864,950 65,000 3,060

65,000 65,050 3,06365,050 65,100 3,06565,100 65,150 3,06865,150 65,200 3,07065,200 65,250 3,073

65,250 65,300 3,07565,300 65,350 3,07865,350 65,400 3,08065,400 65,450 3,08365,450 65,500 3,085

65,500 65,550 3,08865,550 65,600 3,09065,600 65,650 3,09365,650 65,700 3,09565,700 65,750 3,098

65,750 65,800 3,10065,800 65,850 3,10365,850 65,900 3,10565,900 65,950 3,10865,950 66,000 3,110

66,000 66,050 3,11366,050 66,100 3,11566,100 66,150 3,11866,150 66,200 3,12066,200 66,250 3,123

66,250 66,300 3,12566,300 66,350 3,12866,350 66,400 3,13066,400 66,450 3,13366,450 66,500 3,135

66,500 66,550 3,13866,550 66,600 3,14066,600 66,650 3,14366,650 66,700 3,14566,700 66,750 3,148

66,750 66,800 3,15066,800 66,850 3,15366,850 66,900 3,15566,900 66,950 3,15866,950 67,000 3,160

67,000 67,050 3,16367,050 67,100 3,16567,100 67,150 3,16867,150 67,200 3,17067,200 67,250 3,173

67,250 67,300 3,17567,300 67,350 3,17867,350 67,400 3,18067,400 67,450 3,18367,450 67,500 3,185

67,500 67,550 3,18867,550 67,600 3,19067,600 67,650 3,19367,650 67,700 3,19567,700 67,750 3,198

67,750 67,800 3,20067,800 67,850 3,20367,850 67,900 3,20567,900 67,950 3,20867,950 68,000 3,210

68,000 68,050 3,21368,050 68,100 3,21568,100 68,150 3,21868,150 68,200 3,22068,200 68,250 3,223

68,250 68,300 3,22568,300 68,350 3,22868,350 68,400 3,23068,400 68,450 3,23368,450 68,500 3,235

68,500 68,550 3,23868,550 68,600 3,24068,600 68,650 3,24368,650 68,700 3,24568,700 68,750 3,248

68,750 68,800 3,25068,800 68,850 3,25368,850 68,900 3,25568,900 68,950 3,25868,950 69,000 3,260

69,000 69,050 3,26369,050 69,100 3,26569,100 69,150 3,26869,150 69,200 3,27069,200 69,250 3,273

69,250 69,300 3,27569,300 69,350 3,27869,350 69,400 3,28069,400 69,450 3,28369,450 69,500 3,285

69,500 69,550 3,28869,550 69,600 3,29069,600 69,650 3,29369,650 69,700 3,29569,700 69,750 3,298

69,750 69,800 3,30069,800 69,850 3,30369,850 69,900 3,30569,900 69,950 3,30869,950 70,000 3,310

70,000 70,050 3,31370,050 70,100 3,31570,100 70,150 3,31870,150 70,200 3,32070,200 70,250 3,323

70,250 70,300 3,32570,300 70,350 3,32870,350 70,400 3,33070,400 70,450 3,33370,450 70,500 3,335

70,500 70,550 3,33870,550 70,600 3,34070,600 70,650 3,34370,650 70,700 3,34570,700 70,750 3,348

70,750 70,800 3,35070,800 70,850 3,35370,850 70,900 3,35570,900 70,950 3,35870,950 71,000 3,360

71,000 71,050 3,36371,050 71,100 3,36571,100 71,150 3,36871,150 71,200 3,37071,200 71,250 3,373

71,250 71,300 3,37571,300 71,350 3,37871,350 71,400 3,38071,400 71,450 3,38371,450 71,500 3,385

71,500 71,550 3,38871,550 71,600 3,39071,600 71,650 3,39371,650 71,700 3,39571,700 71,750 3,398

71,750 71,800 3,40071,800 71,850 3,40371,850 71,900 3,40571,900 71,950 3,40871,950 72,000 3,410

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.05 5.Taxon$81,000 +3,862 6.Add:Line4plusLine5=Total Tax

$3,862 + 5% over $81,000

72,000 72,050 3,41372,050 72,100 3,41572,100 72,150 3,41872,150 72,200 3,42072,200 72,250 3,423

72,250 72,300 3,42572,300 72,350 3,42872,350 72,400 3,43072,400 72,450 3,43372,450 72,500 3,435

72,500 72,550 3,43872,550 72,600 3,44072,600 72,650 3,44372,650 72,700 3,44572,700 72,750 3,448

72,750 72,800 3,45072,800 72,850 3,45372,850 72,900 3,45572,900 72,950 3,45872,950 73,000 3,460

73,000 73,050 3,46373,050 73,100 3,46573,100 73,150 3,46873,150 73,200 3,47073,200 73,250 3,473

73,250 73,300 3,47573,300 73,350 3,47873,350 73,400 3,48073,400 73,450 3,48373,450 73,500 3,485

73,500 73,550 3,48873,550 73,600 3,49073,600 73,650 3,49373,650 73,700 3,49573,700 73,750 3,498

73,750 73,800 3,50073,800 73,850 3,50373,850 73,900 3,50573,900 73,950 3,50873,950 74,000 3,510

74,000 74,050 3,51374,050 74,100 3,51574,100 74,150 3,51874,150 74,200 3,52074,200 74,250 3,523

74,250 74,300 3,52574,300 74,350 3,52874,350 74,400 3,53074,400 74,450 3,53374,450 74,500 3,535

74,500 74,550 3,53874,550 74,600 3,54074,600 74,650 3,54374,650 74,700 3,54574,700 74,750 3,548

74,750 74,800 3,55074,800 74,850 3,55374,850 74,900 3,55574,900 74,950 3,55874,950 75,000 3,560

75,000 75,050 3,56375,050 75,100 3,56575,100 75,150 3,56875,150 75,200 3,57075,200 75,250 3,573

75,250 75,300 3,57575,300 75,350 3,57875,350 75,400 3,58075,400 75,450 3,58375,450 75,500 3,585

75,500 75,550 3,58875,550 75,600 3,59075,600 75,650 3,59375,650 75,700 3,59575,700 75,750 3,598

75,750 75,800 3,60075,800 75,850 3,60375,850 75,900 3,60575,900 75,950 3,60875,950 76,000 3,610

76,000 76,050 3,61376,050 76,100 3,61576,100 76,150 3,61876,150 76,200 3,62076,200 76,250 3,623

76,250 76,300 3,62576,300 76,350 3,62876,350 76,400 3,63076,400 76,450 3,63376,450 76,500 3,63576,500 76,550 3,638

76,550 76,600 3,64076,600 76,650 3,64376,650 76,700 3,64576,700 76,750 3,64876,750 76,800 3,650

76,800 76,850 3,65376,850 76,900 3,65576,900 76,950 3,65876,950 77,000 3,660

77,000 77,050 3,66377,050 77,100 3,66577,100 77,150 3,66877,150 77,200 3,67077,200 77,250 3,673

77,250 77,300 3,67577,300 77,350 3,67877,350 77,400 3,68077,400 77,450 3,68377,450 77,500 3,685

77,500 77,550 3,68877,550 77,600 3,69077,600 77,650 3,69377,650 77,700 3,69577,700 77,750 3,698

77,750 77,800 3,70077,800 77,850 3,70377,850 77,900 3,70577,900 77,950 3,70877,950 78,000 3,710

78,000 78,050 3,71378,050 78,100 3,71578,100 78,150 3,71878,150 78,200 3,72078,200 78,250 3,723

78,250 78,300 3,72578,300 78,350 3,72878,350 78,400 3,73078,400 78,450 3,73378,450 78,500 3,73578,500 78,550 3,738

78,550 78,600 3,74078,600 78,650 3,74378,650 78,700 3,74578,700 78,750 3,74878,750 78,800 3,750

78,800 78,850 3,75378,850 78,900 3,75578,900 78,950 3,75878,950 79,000 3,760

79,000 79,050 3,76379,050 79,100 3,76579,100 79,150 3,76879,150 79,200 3,77079,200 79,250 3,773

79,250 79,300 3,77579,300 79,350 3,77879,350 79,400 3,78079,400 79,450 3,78379,450 79,500 3,785

79,500 79,550 3,78879,550 79,600 3,79079,600 79,650 3,79379,650 79,700 3,79579,700 79,750 3,798

79,750 79,800 3,80079,800 79,850 3,80379,850 79,900 3,80579,900 79,950 3,80879,950 80,000 3,810

80,000 80,050 3,81380,050 80,100 3,81580,100 80,150 3,81880,150 80,200 3,82080,200 80,250 3,823

80,250 80,300 3,82580,300 80,350 3,82880,350 80,400 3,83080,400 80,450 3,83380,450 80,500 3,83580,500 80,550 3,838

80,550 80,600 3,84080,600 80,650 3,84380,650 80,700 3,84580,700 80,750 3,84880,750 80,800 3,850

80,800 80,850 3,85380,850 80,900 3,85580,900 80,950 3,85880,950 81,000 3,860

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.Ifyouuseaforeignfinancialinstitution,youwillbeissuedapapercheck.

Pleasecompletethedirectdepositboxonthetaxreturntohavetherefunddirectlydepositedintoyourac-countatabankorotherfinancialinstitution.

Please Note: TheOTCisnotresponsibleifafinancialinstitutionrefusedadirectdeposit.Ifadirectdepositisre-fused,acheckwillbeissuedtotheaddressshownonthetaxreturn.

Office Locations!

Oklahoma City2501NorthLincolnBoulevard

Tulsa440SouthHouston,5thFloor

(Thislocationacceptsonlineelectronicpaymentsonly)

Give Us a Call!TaxpayerServiceCenter

(405) 521-3160

Visit Us on the Web!You’llfindawealthofinformationonourwebsite,including:• Downloadabletaxforms• Answerstocommonquestions• Onlinefilingoptionsforbothincomeandbusinesstaxes

www.tax.ok.gov

00

00

00

00

00

00

00

00

00

00

00

00

00

00

00

00

00

00

00

00

00

00

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.

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 Fiduciary Income Tax

Return filed for the previous year?

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 (provide necessary schedule(s) for lines 2-10)

Important: Provide a copy of your Federal return. Also provide 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 (provide schedule) ....................................................................... 12 Taxes (provide schedule).......................................................................... 13 Fiduciary fees (provide waiver for estates) ............................................... 14 Charitable deduction................................................................................. 15

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

Other deductions (provide schedule)........................................................ 17

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

Federal estate tax deduction (provide 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, 2017, or other taxable yearbeginning:

2017ending:

, ,

Form 5132017

AMENDED RETURN!

If this is an Amended Returnplace an‘X’ here

See Schedule 513-X on page 4.

Oklahoma Resident Fiduciary Return of Income

If you have asked for an extension from the IRS, place an ‘X’ here and provide 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

Printed Name of Fiduciary

Signature of Preparer Date

Printed Name of Preparer

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

Title 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 enter “1” in the box. If recapturing the Oklahoma

Affordable Housing Tax Credit, add the recaptured credit here and enter a “2” in the box ... ..24

Credits: Enter number in box for type of credit. Provide Form 511CR. (See instructions) ....... ..25Balance of tax due (subtract line 25 from line 24, but not less than zero) ............................................262017 Oklahoma estimated tax payments(i.e. Form(s) OW-8-ESC) .......................................................................27Amount paid with extension request.......................................................28Oklahoma withholding (provide 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 2018 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

0000

00

00

00

0000

00

00

00

00

( )

3435

36

Name of estate or trust: Federal Employer Identification Number:

Form 513 - page 2

2324

252627

2829

3031

3233

Part 2: Beneficiary’s Share of Income and Deductions

Form 513 - page 3Oklahoma

Schedule K-1 2017

Interest ...................................................................................................................... 1Dividends .................................................................................................................... 2Short-term capital gain (or loss) ................................................................................. 3Long-term capital gain (or loss) .................................................................................. 4Other taxable income: a. Annuities, royalties and other nonbusiness income .....................................5a b. Trade or business, rental real estate and other business 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 2017 or fiscal year beginning ________________________________, 2017

and ending ________________________________________________________ , _________.

2017 Form 513 - Page 4

Schedule 513-X: Amended Return Schedule

Did you file an amended Federal income tax return? Yes No Provide a copy of the amended Federal return and a copy of “Statement of Adjustment”, IRS refund check or deposit slip.

If this return is being filed due to a Federal audit, furnish a complete copy of the RAR.

Explanation or Reason for Amended Return (Provide all necessary schedules):

_________________________________________________________________________________________

_________________________________________________________________________________________

_________________________________________________________________________________________

_________________________________________________________________________________________ _________________________________________________________________________________________

_________________________________________________________________________________________

_________________________________________________________________________________________

_________________________________________________________________________________________

_________________________________________________________________________________________

_________________________________________________________________________________________

_________________________________________________________________________________________

_________________________________________________________________________________________

_________________________________________________________________________________________

_________________________________________________________________________________________

_________________________________________________________________________________________

_________________________________________________________________________________________

A

B

C

Instructions for filing an Amended Return When filing an amended return, place an “X” in the Amended Return check-box at the top of page 1. Enter any amount(s) paid with the original return plus any amount(s) paid after it was filed on line 31. Enter any refund previously received or overpayment applied on line 32. Complete the Amended Return Schedule, Schedule 513-X above. Provide the amended Federal return and proof of disposition by the Internal Revenue Service when applicable. An overpayment on an amended return may not be credited to estimated tax, but will be refunded. The amount applied to estimated tax on the original return cannot be adjusted.

Oklahoma Resident Fiduciary Return of Income

Name of estate or trust: Federal Employer Identification Number:

2017 Oklahoma Resident Fiduciary Income Tax …€¢ Includes Form 513 2017 Oklahoma Resident...

Documents

Transcript of 2017 Oklahoma Resident Fiduciary Income Tax …€¢ Includes Form 513 2017 Oklahoma Resident...