2023 Form 511-TX Credit for Tax Paid to Another State-2026

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  1. Click ‘Get Form’ to open the 2023 Form 511-TX in our editor.
  2. Begin by entering your name(s) as shown on Form 511 or Form 511-NR, along with your Social Security Number(s). Ensure accuracy to avoid processing delays.
  3. In Line 1, report the income for personal services taxed by both Oklahoma and the other state. This includes wages, salaries, and commissions but excludes non-compensation income like interest or rental income.
  4. Proceed to Line 2 and input your Oklahoma Adjusted Gross Income from Form 511 or Form 511-NR. This is crucial for calculating your credit.
  5. Calculate the Percentage Limitation in Line 3 by dividing Line 1 by Line 2. Remember, this cannot exceed 100%.
  6. Enter your Oklahoma Income Tax amount in Line 4 from the respective forms. This is not the amount withheld but the total tax owed.
  7. Multiply the amount in Line 4 by the percentage from Line 3 to find your Limitation Amount in Line 5.
  8. In Line 6, specify the tax paid to another state that corresponds to the income reported in Line 1. Avoid using withholding amounts from W-2 forms.
  9. Finally, enter the lesser of Lines 5 or 6 in Line 7 and ensure you attach a complete copy of the other state’s return along with all necessary documentation before submission.

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