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Form W-2C Oklahoma City Oklahoma: What You Should Know
This change is not reflected on the OTC's website. December 31, 2023 — The OTC and all state agencies, tax-related and not, have revised their current online schedules to reflect the new calendar. A few things to know about new federal tax changes November 15, 2023 — The changes to the tax treatment of state and local government pensions are no longer retroactive. See the U.S. Treasury's Office of Tax Analysis, Tax Benefits and Tax Compliance Bulletin, 2017-01, for general information on the tax treatment of pension payments. See the U.S. Treasury's Office of Tax Analysis, The Retirement Savings Contributions and Investment Tax Gap: 2023 Update, for the latest information and commentary on the tax treatment of defined benefit pension payments. Under the Trump Tax Plan, most people will get a tax cut. But not everyone gets a tax cut, and the tax cut would be different for each, depending on their income bracket and what type and size of business they do. See the table at the bottom of this page for a rough estimate of where you will end up if you are single, or head of household (HOW), and assume no changes in the federal tax code with the president's plan. A few things to know about the tax return filing and reconciliation process The 2023 tax year started on April 18, 2018. Some tax returns are already beginning to arrive at their destination in the mail. The IRS sent new tax return instructions to taxpayers on the 18th, and a tax-receipt slip and notice were posted by the Oklahoma Secretary of State's website early on the 19th. Here is some information for taxpayers about what they should look for and what to expect when filing their 2023 tax returns. If you cannot use the online Oklahoma tax filing software, you should check the online versions of Form 4868, 2023 Personal Income Tax Return, and Form 4869, 2023 Individual Income Tax Return. Those are available from the Oklahoma Tax Commission. How to use the online software 1. Click on File, then Income tax (P1–P12) on the home page, or File, then Income, then Form 1. Complete the following: Tax year: 2023 Return filing status: Single filing return Amount: If the amount you claim is less than 9,260, an “Other income” box may appear on the return.
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