Individual Form 511 - State Of Oklahoma Income Tax Return 2000 Page 2
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22000 Form 511 • page 2
PART FIVE:
Adjustments Necessary to Arrive at Oklahoma Taxable Income
00
27
Oklahoma Adjusted Gross Income (from part one, line 14) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
27
00
28
Partial military pay exclusion (not retirement, see instructions) . . . . . . . .
28
00
29
Qualifying disability deduction (see instructions) . . . . . . . . . . . . . . . . . . . .
29
ROUND
00
30
Political contributions (limited to $100 Single, $200 Joint) . . . . . . . . . . . . .
30
TO THE
00
31
Interest qualifying for exclusion (limited to $100 Single, $200 Joint) . . . . .
31
00
NEAREST
32
Qualified medical savings account (see instructions) . . . . . . . . . . . . . . . . .
32
00
DOLLAR
33
Qualified adoption expense (see instructions) . . . . . . . . . . . . . . . . . . . . . .
33
00
34
Indian Employment Exclusion . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
34
00
35
Other: Enter number in the box for type of adjustment
. . . . . . . . .
35
00
36
Total (add lines 28, 29, 30, 31, 32, 33, 34, and 35) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
36
00
37
Oklahoma income after adjustments (subtract line 36 from line 27) . . . . . . . . . . . . . . . . . . . . . . . . .
37
00
38
Deductions and exemptions (from part two, line 19) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
38
00
39
Oklahoma Taxable Income:
METHOD 1
(subtract line 38 from line 37) . . . . . . . . . . . . . . . . . . . . . .
39
00
40
Tax from
Tax Table 1
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
40
00
41
Federal income tax deduction (from part three, line 22) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
41
00
42
42
Oklahoma Taxable Income:
METHOD 2
(subtract line 41 from line 39) . . . . . . . . . . . . . . . . . . . . . . .
00
43
43
Tax from
Tax Table 2
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
PART SIX:
Tax Computation • Credits • Refund or Amount Due
00
44
44
Oklahoma Income Tax: enter the lesser of line 40
or line 43
. . . . . . . . . . . . . . . . . . . . . . . . . . .
00
45
Credit for child care (from part four, line 26) . . . . . . . . . . . . . . . . . . . . . . . . . . . .
45
00
46
Credit for tax paid to another state (enclose Oklahoma Schedule E) . . . . . . . . .
46
00
47
Oklahoma investment/new jobs credit (enclose Form 506) . . . . . . . . . . . . . . . .
47
00
48
Other credits (enclose 511CR and appropriate forms) . . . .
. . . . . . . . . . .
48
00
49
Total (add lines 45, 46, 47, and 48) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
49
00
50
Balance (subtract line 49 from line 44, but not less than zero) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
50
00
51
Oklahoma Income tax withheld (enclose W-2’s and 1099’s having withholding)
51
00
. 2000 Oklahoma estimated tax payments . . .
52a
52
A
Check box if qualified farmer (see instructions)
00
. 2000 payments with extension . . . . . . . . . . . .
52b
B
00
. Total (add lines 52
and 52
) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
52c
C
A
B
00
Low Income Property Tax Credit (enclose Form 538-H) . . . . . . . . . . . . . . . . . . .
53
53
00
Sales Tax Relief Credit (enclose Form 538-S, see instructions) . . . . . . . . . . . . .
54
54
00
55
May 3, 1999 Tornado Tax Credit (enclose Form 510) . . . . . . . . . . . . . . . . . . . . .
55
00
56
Total (add lines 51, 52
, 53, 54 and 55) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
56
C
00
If line 56 is larger than line 50, subtract line 50 from line 56 . . . . . . . . . . . . . . . . . . . . . . . .
Overpaid
57
57
00
58
58
Amount of line 57 to be credited to your 2001 estimated tax . . . . . . . . . . . . . . .
00
Oklahoma Wildlife Diversity Program: $2
$5
$_____
. . .
59
59
00
60
60
Low Income Health Care Fund: $2
$5
$_____
. . . . . . .
00
Veteran Affairs Capital Improvement Program: $2
$5
$___
61
61
00
62
62
Oklahoma Breast Cancer Program: $2
$5
$_____
. . . .
00
63
Oklahoma City Bombing Memorial Fund: $2
$5
$_____
63
00
Total (add lines 58, 59, 60, 61, 62, and 63) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
64
64
00
Amount to be refunded to you (subtract line 64 from line 57) .
. .
Refund
65
. check out Direct Deposit Option below
65
00
If line 50 is larger than line 56, subtract line 56 from line 50 . . . . . . . . . . . . . . . . . . . . . . . . .
Tax Due
66
66
00
Underpayment of estimated tax interest (enclose OW-8-P) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
67
67
00
68
For delinquent payment, add penalty of 5% _________ plus interest at 1.25% per month _________ . . .
68
00
69
Total tax, penalty and interest (add line 66, 67 and 68) . . . . . . . . . . . . . . . . . . . . . . . . .
Balance Due
69
Direct Deposit Option:
(Instructions-page 5)
Yes! Please deposit my refund in my
checking account
savings account
Please check here
Routing Number:
Account Number:
if the OTC may discuss
this return with your tax
.
preparer
Under penalty of perjury, I declare that the information contained in this document and any attachments are true and correct to the best of my knowledge and belief.
Taxpayer’s signature
date
Spouse’s signature
date
Paid Preparer’s signature
I.D. Number
Taxpayer’s occupation
Spouse’s occupation
Paid Preparer’s address and phone number
The Oklahoma Tax Commission is not required to give actual notice to taxpayers of changes in any state tax law.
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