{"data":{"id":"us-ok/okla.-stat.-tit.-68-68-2385.7","jurisdiction":"us-ok","citation":"Okla. Stat. tit. 68, § 68-2385.7","heading":"Declaration of estimated tax","body":"A. Except as provided in subsection B of this section, every\n\ntaxpayer, as defined by Section 2353 of this title, shall make\n\nestimated tax payments for the taxable year if:\n\n1. In the case of a single individual taxpayer, the tax\n\nliability of the taxpayer can reasonably be expected to be Five\n\nHundred Dollars ($500.00) or more in excess of taxes to be withheld\n\nfrom wages;\n\n2. In the case of married individuals, the combined tax\n\nliability of the married individuals can reasonably be expected to\n\nbe Five Hundred Dollars ($500.00) or more in excess of taxes to be\n\nwithheld from wages; or\n\n3. In the case of a corporation or trust, the tax of the\n\ncorporation or trust for the taxable year can reasonably be expected\n\nto be Five Hundred Dollars ($500.00) or more.\n\nB. Subsection A of this section shall not apply to:\n\n1. Estates; and\n\n2. Any individual whose gross income from farming for the\n\ntaxable year is at least sixty-six and two-thirds percent (66 2/3%)\n\nof the total estimated gross income from all sources for the taxable\n\nyear. However, if an individual whose gross income from farming\n\nqualifies pursuant to the provisions of this paragraph for the\n\nprevious taxable year, the individual shall not be required to\n\nqualify for the current taxable year. In no event shall the\n\nqualification for the previous taxable year be carried forward for\n\nmore than one (1) year.","path":["OK Code","Title 68"],"source_url":"https://www.oklegislature.gov/OK_Statutes/CompleteTitles/os68.pdf","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:36Z","sha256":"c286196603a4d0beb7ced3bb99d51749c910f282ae515f52c13c50ed41ae22d4","source_id":"us-ok","stale":false,"prev":"us-ok/okla.-stat.-tit.-68-68-2385.6","next":"us-ok/okla.-stat.-tit.-68-68-2385.9"},"notice":"GroundRules: Original legal text. Not legal advice."}