1 Enter the estimated Oklahoma income tax* for the current year .......................................................................
2 Enter the income tax credits ..............................................................................................................................
3 Enter the estimated Oklahoma income tax liability (subtract line 2 from line 1) ................................................
4 A. Multiply line 3 by 70%..............................................................................................
B. Enterthetaxliabilityshownonthepreviousyear’staxreturn ................................
C. Enter the smaller of line 4a or 4b. NOTE: If line 3 is less than $500, estimated tax payments are not required
..
5 Estimated amount of withholding.......................................................................................................................
6 Subtract line 5 from line 4c ................................................................................................................................
(Note: If less than zero, or line 3 minus line 5 is less than $500, estimated tax payments are not required.
7 Amount to be paid with each coupon (if paid quarterly, 25% of line 6) ..............................................................
Seethegeneralinstructionsforadditionallinginformation.
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Oklahoma Corporate, Fiduciary and
Partnership Estimated Tax
Tax Year 2019 Worksheet for Corporations, Partnerships and Trusts
Revised 7-2018
ITE
OW-8-ESC
Detach Here and Return Coupon with Payment
Do not fold, staple, or paper clip Do not tear or cut below line
Acorporationortrustwithanestimatedincometaxliabilityof$500ormorefortheyearisrequiredtoleadeclarationandpayestimat-
ed tax. The corporate income tax rate is six percent of taxable income. The tax rates for trusts are in the Form 513 or 513NR instruc-
tions.Estatesarenotrequiredtoleanestimatedtaxreturndeclaration.Thetaxforpartnershipswillbedeterminedbyreferenceto
Form 514-PT and instructions.
1
2
3
4
Total
Quarter Date Paid Amount
Record of Estimated Tax Payments
Applied from 2018 Tax Return ............................
Use the coupon below for all four quarterly estimated tax payments.
The due dates are shown on page 2.
MandatoryinclusionofSocialSecurityand/orFederalIdenti-
cationNumbersarerequiredonformsledwiththeOklahoma
Tax Commission pursuant to Title 68 of the Oklahoma Statutes
andregulationsthereunder,foridenticationpurposes,andare
deemedpartofthecondentiallesandrecordsoftheOklahoma
Tax Commission.
The Oklahoma Tax Commission is not required to give actual
notice of change in any state tax law.
* If income is received unevenly throughout the year (e.g. operating a business on a seasonal basis), the estimated tax pay-
ment may be lowered for one or more periods by using the annualized income installment method as prescribed in the Inter-
nal Revenue Code and in the Oklahoma Tax Commission Rule 710:50-13-9. The annualization provisions found in Sections
6655(e)(2)(C) and 6655(e)(3) of the Internal Revenue Code may not be used. Computing estimated taxes on an annualized
basis shall only be permitted for a taxable year of twelve months.
Mail this coupon, along with payment, to:
Oklahoma Tax Commission - Post Ofce Box 269027 - Oklahoma City, OK 73126-9027
05001
Taxpayer FEIN
Tax Year
Quarter
Due Date
OW-8-ESC
Amount of
Payment: ____________________________ . __________
- - - - - - - - - - Dollars - - - - - - - - - -
Please remit only one check per coupon.
- - Cents - -
ITE
Mailing Address Change
(Enter new mailing address below)
___________________________________________________
Name
___________________________________________________
Address
___________________________________________________
City State ZIP
2019
Oklahoma Corporate, Fiduciary and
Partnership Estimated Tax Coupon
Oklahoma Corporate, Fiduciary and
Partnership Estimated Tax Declaration
General Instructions
Who Must Make A DECLARATION
A corporation or trust with an estimated income tax liability of
$500ormorefortheyearisrequiredtoleadeclarationandpay
equal*quarterlyestimatedtax.Estatesarenotrequiredtolean
estimated tax declaration.
Estimated tax payments made on behalf of the nonresident
partners electing to be included in the composite return must
bemadeunderthepartnership’snameandFederalEmployer
IdenticationNumber.
* For purposes of determining the amount of tax due on any of
the respective dates, taxpayers may compute the tax by placing
taxable income on an annualized basis. See Oklahoma Tax Com-
mission Rule 710:50-13-9.
When To File and Pay
Adeclarationofestimatedtaxshouldbeledandtherstinstall-
ment paid by April 15th for calendar year taxpayers. Fiscal year
taxpayersshouldleandpaytherstinstallmentbythefteenth
day of the fourth month following the beginning of their taxable
year. Other installments should be paid by the due dates shown
below.
Interest for Underpayment
In general, underpayment of estimated tax interest is due if the
tax liability is $500 or more and timely paid quarterly estimated
tax payments are not at least 70% of the current year tax liability
or 100% of the prior year tax liability. The tax liability is the tax
due less all credits except amounts paid on withholding, esti-
mated tax and extension payments. The amount of underpay-
ment of estimated tax interest is computed at a rate of 20% per
annum for the period of underpayment. Note: No underpayment
of estimated tax interest shall be imposed if the tax shown on the
return is less than $1,000. For additional information see 68 O.S.
Sec.2385.7-2385.13orcalltheTaxCommission’sCorporate
Audit Section at (405) 521-3126.
Form OW-8-ESC - page 2
How to Compute Estimated Tax
Trust tax rates are found in the Packet 513 or 513NR instruc-
tions. Corporate income tax is six percent of taxable income.
The tax for partnerships will be determined by reference to Form
514-PT and instructions.
How to Complete Your Tax Declaration Coupon
Name and Address: Enter the name and mailing address.
• Iftheaddresshaschanged,placean‘X’whereindicated
in the upper left corner of the coupon.
Taxpayer FEIN:EntertheFederalidenticationnumber.
Quarter: Enter the quarter for this estimated payment.
Due Date: Enter the quarterly due date. See below for the due
date for each quarter.
Amount of Payment: Enter the amount of estimated tax being
paid with the estimated tax coupon.
Do not send coupon if no payment is required.
Additional Information
Make checks payable to: Oklahoma Tax Commission.
Do NOT send cash.
Mail the coupon, along with payment, to:
Oklahoma Tax Commission
Post Ofce Box 269027
Oklahoma City, OK 73126-9027
Do not enclose any other tax reports or correspondence in
this envelope.
See below for electronic payment information.
The coupon on page 1 will be used for all quarterly estimated tax
payments. The quarterly due dates are shown below.
Electronic Payment Options:
Electronic payments are accepted for estimated income tax pay-
ments at www.tax.ok.gov. There is a convenience fee charged
for utilizing some of the electronic payment services.
Note: If you make your estimated tax payment electronically, do
notmailthispaymentcoupon.Pleaseretaintheconrmation
number for your records.
Due Dates: **
1st Quarter
(Calendar Year) April 15
(Fiscal Year) Fifteenth day of the fourth month
2nd Quarter
(Calendar Year) June 15
(Fiscal Year) Fifteenth day of the sixth month
3rd Quarter
(Calendar Year) September 15
(Fiscal Year) Fifteenth day of the ninth month
4th Quarter
(Calendar Year) January 15
(FiscalYear)Fifteenthdayoftherstmonthofthe
succeeding taxable year.
** If the due date falls on a weekend or legal holiday when the
OklahomaTaxCommissionofcesareclosed,yourpaymentis
due the next business day.