Form Tob 50001 - Oklahoma Tobacco Products Tax Return Page 2
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2Form TOB 50001 - Page 2
Instructions for Oklahoma Tobacco Products
Tax Return
All Wholesalers:
1. Complete all requested information regarding your wholesale company, including your FEIN or SSN, month and year
of return and your Oklahoma Untaxed Tobacco Products License number.
In-State Wholesalers:
2. List all purchases during this return period of tobacco products on Invoice Data Table and attach a copy of each
purchase invoice. Insert the totals of each tobacco product type purchased on the appropriate line in column A on this
form.
3. If you have deductions from your total receipts of tobacco products, complete the appropriate schedule, insert totals
into the appropriate column and line of Form TOB 50002, then transfer the totals of each tobacco product type
deduction to the appropriate line of column B on this form.
Deduction Type
Attachment Required
Sale to Federal Government
Copy of Invoice
Out of State Sales
Copy of Invoice
Other Legal Deduction
Documentation (i.e. Credit invoice)
Tribal Sales
Copy of Invoice
4. Deduct totals in column B from totals in column A and insert net taxable receipts in column C.
Out-of-State Wholesalers:
2. List sales of other tobacco products to your non-tribal Oklahoma customers on Invoice Data Table, and enter totals of
each tobacco product type on the appropriate line in column A of this form.
3. If you have deductions from your total sales of tobacco products into Oklahoma, attach applicable documentation
and list the amounts in column D of Form TOB 50002, then transfer the totals of each tobacco product type to the
appropriate line of column B on this form.
4. Deduct totals in column B from totals in column A and insert net taxable sales in column C.
All Wholesalers:
5. Multiply the net taxable receipts/sales by BOTH the 2004 and Prior tax rate and the 2005 tax rate and insert the result
of each calculation in columns D and E.
6. Total column D and enter total on line 5.
7. Total column E and enter total on line 6
8. Add line 5 to line 6 and enter on line 7.
9. Enter 2% of the line 7 subtotal on line 8.
10. Subtract line 8 from line 7 and enter Total tax due on line 9.
11. If your return is delinquent or incomplete when filed, DO NOT deduct the 2% discount, and calculate interest on the
total tax due at 1.5% per month and enter on line 10.
12. If your return is more than 30 days delinquent, also calculate a penalty of 10% and enter on line 11.
13. Total lines 9, 10, and 11, enter on line 12, and include your remittance in this amount. Please place Form TOB 50001,
Form TOB 50002 and your remittance as the TOP pages of your return package.
14. Sign and date this form and mail no later than the 15th of the month succeeding the return period to:
Oklahoma Tax Commission
2501 North Lincoln Boulevard
Oklahoma City, OK 73194
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