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Oklahoma Income Tax Calculator 2023-2024

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If you make $70,000 a year living in Oklahoma you will be taxed $10,448. Your average tax rate is 10.94% and your marginal tax rate is 22%. This marginal tax rate means that your immediate additional income will be taxed at this rate.

Use our income tax calculator to estimate how much tax you might pay on your taxable income. Your tax is $0 if your income is less than the 2023-2024 standard deduction determined by your filing status and whether you’re age 65 or older and/or blind.

After-Tax Income

$59,552

Federal taxes
Marginal tax rate 22%
Effective tax rate
10.94%
Federal income tax $7,660
State taxes
Marginal tax rate 4.75%
Effective tax rate
3.98%
Oklahoma state tax $2,787
Gross income $70,000
Total income tax -$10,448
After-Tax Income $59,552
Disclaimer: Calculations are estimates based on tax rates as of Jan. 2023 and data from the Tax Foundation. These rates are subject to change. Check the IRS website for the latest information about income taxes and your state tax website for state-specific information. Our calculator doesn’t consider both 401k and IRA deductions due to the tax law limitations. Please note, the amount of your IRA deductions may vary. You should speak with a tax professional to determine your tax situation.

What You Need To Know About Oklahoma State Taxes

The state of Oklahoma requires you to pay taxes if you’re a resident or nonresident that receives income from an Oklahoma source. The state income tax rates range from 0% to 5%, and the sales tax rate is 4.5%.

Oklahoma offers tax deductions and credits to reduce your tax liability, including deductions for disability-related expenses and qualified adoption expenses, as well as a tax credit for income tax paid to another state.

Oklahoma Income Tax Brackets and Rates: Single or Married/Registered Domestic Partner Filing Separately

If your Oklahoma taxable income is over: But not over: Your tax is:
$0
$10,000
$0 – $310
$10,000
$20,000
$313 – $810
$20,000
$30,000
$813 – $1,310
$30,000
$40,000
$1,313 – $1,810
$40,000
$50,000
$1,813 – $2,310
$50,000
$60,000
$2,313 – $2,810
$60,000
$70,000
$2,813 – $3,310
$70,000
$80,000
$3,313 – $3,810
$80,000
$90,000
$3,813 – $4,310
$90,000
$100,000
$4,313 – $4,810
$100,000
 
$4,812 + 0.05% of the excess of $100,000

Oklahoma Income Tax Brackets and Rates: Married/Registered Domestic Partner Filing Jointly and Head of Household

If your Oklahoma taxable income is over: But not over: Your tax is:
$0
$10,000
$0 – $166
$10,000
$20,000
$168 – $644
$20,000
$30,000
$646 – $1,144
$30,000
$40,000
$1,146 – $1,644
$40,000
$50,000
$1,646 – $2,144
$50,000
$60,000
$2,146 – $2,644
$60,000
$70,000
$2,646 – $3,144
$70,000
$80,000
$3,146 – $3,644
$80,000
$90,000
$3,646 – $4,144
$90,000
$100,000
$4,146 – $4,644
$100,000
 
$4,645 + 0.05% of the excess of $100,000

Income Tax Deductions for Oklahoma

Standard Deduction

If you claimed the standard deduction on your federal return, you must claim the standard deduction on your Oklahoma return. In Oklahoma, the standard deduction amount depends on your filing status.

For the 2021 tax year, the standard deductions are:

  • Single or married filing separately: $6,350
  • Head of household: $9,350
  • Married filing jointly or Qualifying widower:  $12,700

Itemized Deductions

If you itemized deductions on your federal tax return, you’re required to itemize deductions on your Oklahoma return. In Oklahoma, your itemized deductions are largely based on your federal deductions, except for any state and local sales tax or income tax deducted. Those two deductions can’t be taken in Oklahoma and must be added back into your income.

On your state return, your total amount of deductions must be limited to $17,000. The only exceptions are charitable contributions and medical expenses, which aren’t subject to the $17,000 limit.

Other Deductions

In addition, Oklahoma allows for a number of state-specific deductions, including:

Qualified adoption expense

Taxpayers who have recently adopted a child may deduct certain non-recurring adoption expenses up to $20,000 per calendar year. The expenses must be directly related to the adoption, such as adoption fees, attorney’s fees, and court costs. The expenses must be deducted in the year incurred.

Qualifying disability deduction

Taxpayers who have a qualifying physical disability that constitutes a substantial handicap to employment may deduct the expenses incurred while modifying a motor vehicle, home, or workplace in a manner necessary to compensate for their disability. However, they must also provide a schedule detailing the expenses incurred and a description of the disability.

Contributions to Oklahoma 529 College Savings Plan and OklahomaDream 529 account(s)

Oklahoma taxpayers may also deduct contributions to qualified 529 accounts. Those married filing jointly can deduct up to $20,000, while all other filing statuses can deduct up to $10,000. They may deduct contributions for the current tax year, as well as contributions for prior years that occurred after Dec. 31, 2004 up to the limit.

Oklahoma State Income Tax Credits

Child Care / Child Tax Credit

If your federal adjusted gross income (AGI) is less than $100,000 and you’re allowed a credit for child care expenses or the child tax credit on your federal income tax return, you’ll be eligible for a credit against your Oklahoma tax.

The credit is equal to 20% of the credit for childcare expenses allowed by the Internal Revenue Code (IRC) or 5% of the child tax credit allowed by the IRC, whichever is greater.

If you make more than $100,000, you won’t be eligible for this credit.

This credit is nonrefundable and doesn’t carry forward.

Earned Income Tax Credit

On their Oklahoma return, taxpayers are allowed a credit equal to 5% of the earned income credit allowed on their federal return.

This credit is nonrefundable for the 2021 tax year and doesn’t carry forward.

Tax Paid to Another State Tax Credit

If you earned income in another state, you must report that amount on your Oklahoma return. However, you may be eligible for a tax credit worth a percentage of your earned income. If you’ve claimed a similar credit in another state, you can’t claim this credit on your Oklahoma return.

This credit is nonrefundable and doesn’t carry forward.

Do I Have to Pay Income Tax in Oklahoma?

Whether or not you have to file an Oklahoma income tax return depends on your income and residency status.

  • Residents: You must file a return if your income is higher than your allowable standard deduction amount plus any personal exemptions.
  • Part-year residents: You must follow the same requirements as a resident. Additionally, a return must be filed if you earned more than $1,000 from Oklahoma sources during your nonresidency period.
  • Nonresidents: If you earned more than $1,000 from Oklahoma sources, you must file a return in the state.

Related: Oklahoma Income Tax Calculator

Sales Tax and Sales Tax Rates

Oklahoma sales tax is 4.5%.

Property Taxes and Property Tax Rates

Property Tax Rates

Property taxes are determined at a local level.

Capital Gains Taxes

Capital gains are taxed as ordinary income in Oklahoma. In addition, taxpayers may be able to deduct certain qualifying capital gains.

Inheritance and Estate Tax and Inheritance and Estate Tax Exemption

There is no inheritance tax or estate tax in Oklahoma.

Compare the best tax software of 2024

Compare Your After-Tax Income To Other States

Income Tax Rate By State

View how much tax you may pay in other states based on the filing status and state entered above.

State Net Pay Effective State Tax Rate Rank
Alaska $ 62,340 0.00% 1
Florida $ 62,340 0.00% 1
Nevada $ 62,340 0.00% 1
New Hampshire $ 62,340 0.00% 1
South Dakota $ 62,340 0.00% 1
Enter household income you received, such as wages, unemployment, interest and dividends.
Choose the filing status you use when you file your tax return
Input the total of your itemized deductions, such as mortgage interest, charitable contributions, medical and dental expenses, and state taxes. If your total itemized deductions are less than the standard deduction, the calculator will use the standard deduction.
Enter your total 401k retirement contributions for 2022. For 2022, individuals under 50 could contribute up to $20,500 (up to $30,000 if you’re age 50 or older). The 2023 401(k) contribution limit for individuals under 50 is $22,500.
Enter your IRA contributions for 2022. For 2022, you could contribute up to $6,000, or up to $7,000 if you’re age 50 or older. IRA limits for 2023 have been escalated to $6,500, or your taxable income, for individuals under 50.
Enter how many dependents you will claim on your 2022 tax return
This calculator estimates the average tax rate as the federal income tax liability divided by the total gross income. Some calculators may use taxable income when calculating the average tax rate.
This calculator estimates the average tax rate as the state income tax liability divided by the total gross income. Some calculators may use taxable income when calculating the average tax rate.
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