Oklahoma Tax Rate

 

Editor’s Note: Are you a wage earner in the state of Oklahoma (OK)? Learn more about the OK tax rate—including who pays and how much you owe the state government.

tax ratesWhile federal tax rates apply to every taxpayer, state income taxes differ by state. States may have a flat tax rate, a marginal tax rate, or no state taxes at all.

State income tax is imposed by Oklahoma on your earnings each tax year. It is a percentage of income paid to the state government to fund various municipal services.

Oklahoma Tax Brackets

Oklahoma has a progressive tax system, which means that tax rates vary based on taxable income. View the current OK income tax rates below:

Single Taxpayer or Married Filing Separate Returns

Tax Years 2016 – 2020 Single Taxpayer or Married Filing Separate Returns

If Taxable Income is:

0 up to 1,000 Pay 1/2 of 1% of Taxable Income
1,000 up to 2,500 Pay 5.00 plus 1% over 1,000
2,500 up to 3,750 Pay 20.00 plus 2% over 2,500
3,750 up to 4,900 Pay 45.00 plus 3% over 3,750
4,900 up to 7,200 Pay 79.50 plus 4% over 4,900
7,200 and over Pay 171.50 plus 5% over 7,200

(Source: Oklahoma Tax Commission)

More Help With Taxes in Oklahoma

Understanding OK tax rates can be tricky, especially when you consider what it takes to determine if you can itemize your state taxes with your federal tax return.

So, get help with H&R Block Virtual! With this service, we’ll match you with a tax pro with Oklahoma tax expertise. Then, you will upload your tax documents, and our tax pros will do the rest! We can help with your OK taxes, including federal deductions for paying state taxes.

Prefer a different way to file? No problem – you can find Oklahoma state tax expertise with all of our ways to file taxes.

Related Topics

Related Resources

Qualified Tuition Plans

What is a qualified tuition plan? Can it impact your tax return? Learn more about this type of savings account and get tax answers at H&R Block.

Illinois Tax Forms

Are you an Illinois resident looking for information on Illinois state tax forms? Read here to learn more from the tax pros at H&R Block.

Can I claim the Child Tax Credit if I’m unemployed and received benefits?

Can you claim the child tax credit if unemployment benefits were your only source of income? Learn more from the tax experts at H&R Block.

Can I cancel my dependent care FSA due to coronavirus?

Learn more about how Coronavirus is affecting your dependent care FSA, or flexible spending account, with help from the tax experts at H&R Block.