Form 511nr - Oklahoma Nonresident/ Part-Year Income Tax Return - 2012 Page 21

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Schedule 511NR-B
B14
Miscellaneous: Other Subtractions
Miscellaneous: Other Subtractions (continued)
• Enter the number “4” if the following applies:
Enter in the box on Schedule 511NR-B, line 14, the ap-
Small Business Incubator exclusion: Exemption for
propriate number as listed below, which shows the type
income earned by the sponsor. (74 OS Sec. 5075) Ex-
of income you are subtracting. If you are entitled to more
emption for income earned by the tenant. (74 OS Sec.
than one type of deduction, enter the number “99”.
5078)
• Enter the number “1” if the following applies:
• Enter the number “5” if the following applies:
Royalty income earned by an inventor from a product de-
Payments received as a result of a Military member be-
veloped and manufactured in this state shall be exempt
ing killed in a combat zone: Any payment made by the
from income tax for a period of seven years from Janu-
United States Department of Defense as a result of the
ary 1 of the first year in which such royalty is received as
death of a member of the Armed Forces who has been
long as the manufacturer remains in this state. (74 OS
killed in action in a designated combat zone shall be
Sec. 5064.7 (A)(1))
exempt from Oklahoma income tax during the taxable
year in which the individual is declared deceased by the
Armed Forces. (68 OS Sec. 2358.1A)
To support your deduction please furnish:
1) copy of the patent.
• Enter the number “6” if the following applies:
Income earned by an individual whose Military spouse
2) copy of the royalty agreement with the Okla-
was killed in a combat zone: Any income earned by the
homa manufacturer.
spouse of a member of the Armed Forces of the United
3) copy of registration form from Oklahoma De-
States who has been killed in action in a designated
partment of Commerce or Oklahoma Center for
combat zone shall be exempt from Oklahoma income
the Advancement of Science and Technology
tax during the taxable year in which the individual is
(OCAST).
declared deceased by the Armed Forces. (68 OS Sec.
2358.1A)
• Enter the number “2” if the following applies:
Manufacturer’s exclusion. (74 OS Sec. 5064.7 (A)(2))
• Enter the number “99” if the following applies:
Allowable deductions not included in (1) through (6):
• Enter the number “3” if the following applies:
Enter any allowable Oklahoma deductions from Federal
Historical Battle Sites: There shall be a deduction,
Adjusted Gross Income to arrive at Oklahoma Adjusted
limited to 50% of the capital gain, if you sell to the State
Gross Income that were not previously claimed under
of Oklahoma any real property which was the site of a
this heading “Miscellaneous: Other Subtractions”.
historic battle during the nineteenth century and has
Enclose a detailed explanation specifying the type of
been designated a National Historic Landmark. (68 OS
subtraction and Oklahoma Statute authorizing the sub-
Sec. 2357.24)
traction, and verifying documents.
Schedule 511NR-C
C3
C1
Political Contribution
Military Pay Exclusion
If you contributed money to a political party or candidate
Oklahoma residents who are members of any compo-
nent of the Armed Services may exclude 100% of their
for political office, you may deduct the amount contrib-
active military pay, including Reserve & National Guard
uted up to a maximum of $100 ($200 if a joint return is
pay, received during the time they were a resident. The
filed).
military pay must be included in line 1 of the “Oklahoma
C4
Interest Qualifying for Exclusion
Amount” column to qualify for this exclusion. Retired
military see instructions for Schedule 511NR-B, line 4.
During the period of residency, residents and part-year
residents may partially exclude interest received from
C2
Qualifying Disability Deduction
a bank, credit union or savings and loan association
If you are a resident or part-year resident individual with
located in Oklahoma. The total exclusion for interest
a physical disability constituting a substantial handicap
claimed on your state return cannot exceed the inter-
to employment, you may deduct the expense incurred
est received from an Oklahoma bank, credit union or
while you were a resident to modify a motor vehicle,
savings and loan association included on Form 511NR,
home, or work place necessary to compensate for the
line 2, of the “Oklahoma Amount” column or $100 [$200
disability. Please enclose a schedule detailing the
if filing jointly even if only one spouse received interest
expenses incurred and a description of the physical dis-
income], whichever is less.
ability with documentation regarding the Social Security
or Veterans Administration recognition and/or allowance
of this expense.
21

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