Form 511nr - State Of Oklahoma Income Tax Return - 2003 Page 4
ADVERTISEMENT
1
2
3
4
52003 Form 511NR • page 4
Name(s) shown on Form 511NR
Your Social
Security Number
Federal Income Tax Deduction
Schedule 511NR-D
Computation Worksheet
Federal income taxes are deductible only to the extent they relate to income subject to taxation in Oklahoma. Federal income tax must
be prorated on the ratio of Adjusted Gross Income: All Sources to the Federal Adjusted Gross Income.
00
2003 Federal income tax (amount paid, not amount withheld). . . . . . . . . . . . . . . . . . . . .
1
Divide the amount on line 24 of Form 511NR by the amount on line 19 of Form 511NR
2
•
•
%
Enter the percentage from the above calculation here (do not enter more than 100%) . .
Allowable Federal income tax deduction (multiply line 1 by percentage on line 2,
3
00
enter total here and on line 33 of Form 511NR) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Child Care Credit
Schedule 511NR-E
Computation Worksheet
If you are allowed a credit for child care expenses on your Federal return, there shall be allowed to a resident individual, part-year
resident individual, or nonresident military individual, a credit against the Oklahoma tax equal to 20% of the credit for child care ex-
penses allowed under the Internal Revenue Code of the United States. The credit must be prorated on the ratio of Adjusted Gross
Income: All Sources to Federal Adjusted Gross Income. Enclose a copy of Federal Form 2441 and page 2 of Form 1040 or Form
1040A, including Schedule 2.
Note: Do not use the Federal child tax credit when computing the Oklahoma credit.
The Oklahoma child care credit is based on a percentage of the Federal child care credit only.
00
Federal child care credit . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1
00
Multiply line 1 by 20% . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
2
Divide the amount on line 24 of Form 511NR by the amount on line 19 of Form 511NR
3
•
•
%
Enter the percentage from the above calculation here (do not enter more than 100%) . .
00
Oklahoma child care credit . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
4
(multiply line 2 by line 3, enter total here and on line 37 of Form 511NR)
Earned Income Credit
Schedule 511NR-F
Computation Worksheet
Residents and part-year residents are allowed a credit equal to 5% of the Earned Income Credit allowed on the Federal return.
The credit must be prorated on the ratio of Oklahoma source AGI to Federal AGI. Enclose a copy of your Federal return.
Nonresidents do not qualify.
00
Federal earned income credit . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1
00
Multiply line 1 by 5% . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
2
Divide the amount on line 23 of Form 511NR by the amount on line 19 of Form 511NR
3
•
•
%
Enter the percentage from the above calculation here (do not enter more than 100%) . .
00
Oklahoma earned income credit . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
4
(multiply line 2 by line 3, enter total here and on line 49 of Form 511NR)
ADVERTISEMENT
0 votes
Related Articles
Related forms
Related Categories
Parent category: Financial