Form 511 - State Of Oklahoma Income Tax Return - 1999 Page 2
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21999 Form 511 • page 2
PART FIVE:
Adjustments Necessary to Arrive at Oklahoma Taxable Income
00
27
27
Oklahoma Adjusted Gross Income (from part one, line 14) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
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
Agricultural commodity processing facility exclusion (see instructions) . . .
34
00
35
Depreciation adjustment for swine or poultry producers (see instructions)
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
Oklahoma Taxable Income:
METHOD 2
(subtract line 41 from line 39) . . . . . . . . . . . . . . . . . . . . . . .
42
00
43
Tax from
Tax Table 2
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
43
PART SIX:
Tax Computation • Credits • Refund or Amount Due
00
44
Oklahoma Income Tax: enter the lesser of line 40
or line 43
. . . . . . . . . . . . . . . . . . . . . . . . . . .
44
00
45
45
Credit for child care (from part four, line 26) . . . . . . . . . . . . . . . . . . . . . . . . . . . .
00
46
46
Credit for tax paid to another state (enclose Oklahoma Schedule E) . . . . . . . . .
00
47
Oklahoma investment/new jobs credit (enclose Form 506) . . . . . . . . . . . . . . . .
47
00
48
48
Other credits (enclose 511CR and appropriate forms) . . . . . . . . . . . . . . . . . . . .
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
. 1999 Oklahoma estimated tax payments . . .
52a
52
A
Check box if qualified farmer (see instructions)
00
. 1999 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
Total (add lines 51, 52
, 53 and 54) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
55
C
00
56
If line 55 is larger than line 50, subtract line 50 from line 55 . . . . . . . . . . . . . . . . . . . . . . . .
Overpaid
56
00
Amount of line 56 to be credited to your 2000 estimated tax . . . . . . . . . . . . . . .
57
57
Deductions from Refund. If you wish to donate from your refund, check and enter amount.
00
58
Oklahoma Wildlife Diversity Program: $2
$5
$_____
. . . . . . . . .
58
00
59
Low Income Health Care Fund: $2
$5
$_____
. . . . . . . . . . . . . .
59
00
60
Veterans Affairs Capital Improvement Program: $2
$5
$_____
. .
60
00
61
Oklahoma Breast Cancer Program: $2
$5
$_____
. . . . . . . . . . .
61
00
62
62
Total (add lines 57, 58, 59, 60 and 61) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
00
63
63
Amount to be refunded to you (subtract line 62 from line 56) .
. .
Refund
. check out Direct Deposit Option below
00
64
64
If line 50 is larger than line 55, subtract line 55 from line 50 . . . . . . . . . . . . . . . . . . . . . . . . .
Tax Due
00
65
65
Underpayment of estimated tax: penalty and interest (enclose OW-8-P) . . . . . . . . . . . . . . . . . . . . . . . . . . .
00
66
66
For delinquent payment, add penalty of 5% _________ plus interest at 1.25% per month _________ . . .
00
67
67
Total tax, penalty and interest (add line 64, 65 and 66) . . . . . . . . . . . . . . . . . . . . . . . . .
Balance Due
Direct Deposit Option:
(Please see packet instructions on page 5)
Please check here if the OTC
Yes! Please deposit my refund in my
checking account
savings account
(You will not receive notice of your deposit)
may discuss this return with
Routing Number:
Account Number:
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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