Oklahoma State Taxes
Quick Tax Facts
Income Tax: 0.25% – 4.75%
State Sales Tax: 4.5%
Median Property Tax: $796
Overview
Oklahoma is known for its small-town charm and rich Native American history. With a lower-than-average cost of living it may seem appealing for those seeking to raise a family, but beware. For middle-class Americans, Oklahoma is not very tax friendly. It not only has one of the highest combined sales tax rates in the country, but also high income taxes for those earning over $7,200 annually.
Oklahoma Income Tax
Oklahoma has a progressive tax rate that ranges from .25% to 4.75%. The amount you pay is based on your Oklahoma taxable income and filing status.
| 2023 Oklahoma Tax Rates – Single or Married Filing Separately |
|---|
| Taxable Income | Tax Rate |
|---|---|
| $0 – $1,000 | .25% |
| $1,001 – $2,500 | Pay $2.50 plus .75% over $1,000 |
| $2,501 – $3,750 | Pay $13.75 plus 1.75% over $2,500 |
| $3,751 – $4,900 | Pay $35.63 plus 2.75% over $3,750 |
| $4,901 – $7,200 | Pay $67.25 plus 3.75% over $4,900 |
| Over $7,200 | Pay $153.50 plus 4.75% over $7,200 |
| 2023 Oklahoma Tax Rates – Head of Household or Married Filing Jointly |
|---|
| Taxable Income | Tax Rate |
|---|---|
| $0 – $2,000 | .25% |
| $2,001 – $5,000 | Pay $5.00 plus .75% over $2,000 |
| $5,001 – $7,500 | Pay $27.50 plus 1.75% over $5,000 |
| $7,501 – $9,800 | Pay $71.25 plus 2.75% over $7,500 |
| $9,801 – $12,200 | Pay $134.50 plus 3.75% over $9,800 |
| Over $12,200 | Pay $224.50 plus 4.75% over $12,200 |
Who Must File?
Oklahoma residents whose gross income earned in Oklahoma, or outside of the state, exceeds the filing requirement (see below) must file a state income tax return (Form 511). Nonresidents with Oklahoma-sourced income over $1,000 must also file (Form 511-NR).
| 2023 Oklahoma Filing Requirements |
|---|
| Filing Status | Gross Income |
|---|---|
| Single | $7,350 |
| Head of Household | $10,350 |
| Married Filing Jointly | $14,700 |
| Married Filing Separately | $7,350 |
| Qualifying Widow(er) with dependent child | $13,700 |
Those who can be claimed as a dependent by another taxpayer must also file an Oklahoma income tax return if their gross income exceeds $6,350.
Oklahoma Sales Tax
Oklahoma has a state sales tax rate of 4.5%. Counties and local municipalities may also levy an additional sales tax of up to 6.5%.
Oklahoma Property Taxes
Oklahoma property taxes are fairly low when compared to other states. On average, homeowners pay .74% of a property’s assessed fair market value.
Currently, the median property tax bill in Oklahoma is approximately $796 (based on a median home value of $107,700). Tulsa County has the highest property tax at an average of $1,344. The lowest amount is $244 in Cimarron County.
| Highest | $1344 |
|---|---|
| Median | $796 |
| Lowest | $244 |
Yearly Cost Per Resident
Oklahoma Tax Holidays
Oklahoma hosts an annual Sales Tax Holiday each year starting on the first Friday through Sunday in August. For 2024, it will be held August 2-4. The following items are tax-exempt during the tax holiday:
- Clothing and footwear retailing for less than $100 per item
Oklahoma Tax Resources
If you need assistance preparing your Oklahoma state taxes, you can speak with a tax professional from Tax Defense Network by calling 855-476-6920.
You can also visit the Oklahoma Tax Commission website for additional resources.
- Download a Form
- Request an Extension
- Pay Taxes
- Taxpayer Assistance: 405-521-3160
