Form 573 - Farm Income Averaging - 2014
Download a blank fillable Form 573 - Farm Income Averaging - 2014 in PDF format just by clicking the "DOWNLOAD PDF" button.
Open the file in any PDF-viewing software. Adobe Reader or any alternative for Windows or MacOS are required to access and complete fillable content.
Complete Form 573 - Farm Income Averaging - 2014 with your personal data - all interactive fields are highlighted in places where you should type, access drop-down lists or select multiple-choice options.
Some fillable PDF-files have the option of saving the completed form that contains your own data for later use or sending it out straight away.
ADVERTISEMENT
1
2
3
4State of Oklahoma
Farm Income Averaging
573
2
0
1
Enclose this form with your Oklahoma tax return.
4
Taxpayer’s First Name and Middle Initial
Last Name
Taxpayer Social Security Number
1 Enter the 2014 taxable income from Form 511, line 13 or Form 511NR, line 14 ..
00
2 Enter your elected farm income, but not more than the amount on line 1.
(see instructions) ..................................................................................................
00
3 Subtract line 2 from line 1 .....................................................................................
00
4 Figure the tax on the amount on line 3. Use the 2014 Tax Table ........................
00
5 Enter the 2011 taxable income.
To determine taxable income see page 3.
.................
00
(if zero or less see instructions)
6 Divide the amount on line 2 by 3.0 .......................................................................
00
7 Combine lines 5 and 6. If less than zero enter - 0 - ..............................................
00
8 Figure the tax on the amount on line 7 using 2011 tax rates.
(see page 4 for tax rate schedule) ........................................................................
00
9 Enter the 2012 taxable income.
00
To determine taxable income see page 3.
.................
(if zero or less see instructions)
10 Enter the amount from line 6 ................................................................................
00
11 Combine lines 9 and 10. If less than zero enter as a negative amount ................
00
12 Figure the tax on the amount on line 11 using 2012 tax rates.
00
(see page 4 for tax rate schedule) ........................................................................
13 Enter the 2013 taxable income.
To determine taxable income see page 3.
.................
00
(if zero or less see instructions)
00
14 Enter the amount from line 6 ................................................................................
15 Combine lines 13 and 14. If less than zero enter as a negative amount ..............
00
16 Figure the tax on the amount on line 15 using 2013 tax rates.
00
(see page 4 for tax rate schedule) .......................................................................
17 Add lines 4, 8, 12 and 16 ......................................................................................
00
18 Enter the tax for 2011. To determine tax, see page 3 ...........................................
00
19 Enter the tax for 2012. To determine tax, see page 3 ...........................................
00
20 Enter the tax for 2013. To determine tax, see page 3 ...........................................
00
21 Add lines 18 through 20 ........................................................................................
00
22 Subtract line 21 from line 17, enter here and on Form 511, line 14 or
Form 511NR, line 15.
.......
(Be sure and enter a “1” in the box for “Farm Income Averaging”)
00
ADVERTISEMENT
0 votes
Related Articles
Related forms
Related Categories
Parent category: Financial