Questions & Answers

What is the Oklahoma Earned Income Credit?

You qualify for the Oklahoma Earned Income Credit if you qualify for the federal Earned Income Credit. The credit is 5% of the federal Earned Income Credit, adjusted by the ratio of your Oklahoma adjusted gross income to your federal adjusted gross income.

Example: If you had an Earned Income Credit of $1000 on your federal return, Oklahoma adjusted gross income of $5000, and federal adjusted gross income of $10,000, your Oklahoma Earned Income Credit would be $25 ($1000 * 0.05 * (5000/10000)).

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