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OKLAHOMA QUICK TAX
SALES TAX REPORT INSTRUCTIONS 

Please select the section you would like to review:
Filing Instructions Main Menu Report Selection Instructions
Specific Instructions COPO Information/Listing
Navigation Q&A  
   
Report Selection Instructions

Please select one Tax Transaction Type.

If you select "Sales Tax Report", please enter the Reporting Period End Date. Reporting Period End Date must be in the format of MMDDYYYY. You may verify this date by checking the tables below.

Monthly or File Once Pay Twice (R) Filing Frequencies

01/31 07/31
02/28 or 02/29 08/31
03/31 09/30
04/30 10/31
05/31 11/30
06/30 12/31
Semi-Annual Filing Frequency
06/30 12/31
 
If you select "Amended Sales Tax Report", please enter the Reporting Period End Date of the Report you are amending.


Specific Instructions

FEIN/SSN: Your taxpayer identification number will automatically be displayed from information provided on the Welcome page and previous filing.

Reporting Period: The reporting period will automatically be displayed from information provided on previous pages.

Due Date: The date the report is due will automatically be displayed.

Account Number: Your sales tax account number will automatically be displayed from information provided on previous pages.

Out of Business: If your business is no longer in operation, please select Yes. 

Business Name: Your DBA Business Name will be automatically displayed.


LINE 1 (TOTAL SALES)
- Enter the total amount of gross receipts, including taxable and non-taxable receipts in whole dollars. 

LINE 2 (REMOVED FROM INVENTORY) - Enter the sales value of tangible personal property purchased for resale and consumed or used in this reporting period. Any merchandise purchased tax exempt with your sales tax permit and withdrawn for use by you or your business is to be included in this line. 

LINE 3 (TOTAL SALES TAX EXEMPTIONS) - Please select the Schedule I link to compute the authorized exemptions from gross receipts for this reporting period.  Enter non-taxable receipts in whole dollars. The amount of total sales tax exemptions will be automatically displayed on Line 3. 

LINE 4 (NET TAXABLE SALES) - Please select the "Calculate" button at bottom of report to complete. Line 3 will be subtracted from the total of Lines 1 and 2 to arrive at net taxable sales. If you have no amount subject to tax zero (0) will be displayed.

LINE 5 (STATE TAX) - Line 4 will be multiplied by the state tax rate. If there is no tax due, zero (0) will be displayed.

CITY AND COUNTY TAX COMPUTATION -
In reference to the information displayed in the Welcome page, the cities/counties in which you have sales will automatically be displayed in Columns J & K. If you would like to refer to a list of the city & county codes, please select the link.

Column J -  The code for each city or county for which you are remitting tax will automatically be displayed.
Column K - The name of the city or county for which you are remitting tax will automatically be displayed.
Column L- Enter the "taxable sales" for each city or county for which you had sales. If you no longer have sales in a city or county, then delete the code by placing a checkmark in the box to the left of the city/county code and click the "Remove Selected" button. 
Column M - The current sales tax rate for each city/county for which you are remitting tax will automatically be displayed. 
Column N - Please select the "Calculate" button at the bottom of the report. The individual amounts in Column L will be  multiplied by the rates in Column M and sales tax due for each city/county will be displayed.
 

 

If you would like to add a COPO, select the "Add New COPO" button, then enter the City/County Code and Net Sales Subject to Tax in the spaces provided. The information you entered will be displayed at the end of the COPO list. 

Please Note: The total of County Taxable Sales cannot be greater than your total State Net Taxable Sales. The total of City Taxable Sales cannot be greater than the total for the county in which the city is located.


LINE 6 (CITY/COUNTY TAX)
- Total due from Column N will be calculated and the City/County tax due result will be displayed.

LINE 7 (TAX DUE) - This will be the total state, city and county tax due before any discount, interest, or penalty is applied.

LINE 8 (DISCOUNT) - If remittance is submitted by the due date shown in Item C, you are eligible for a discount for timely payment. Line 7 will be multiplied by the 1.0% discount rate. A maximum amount of $2,500.00 per month is allowed.

LINE 9 (INTEREST) - If remittance is submitted after the due date shown in Item C, the tax is subject to interest from the due date (Item C) until it is paid. Line 7 will be multiplied by the 1.25% rate for each month or part thereof that the tax is late.

LINE 10 (PENALTY) - If remittance is not submitted within 15 calendar days of the due date, a 10% penalty is due. Line 7 will be multiplied by .10 to determine the penalty.

LINE 11 (TOTAL DUE) - Line 8 will be subtracted from line 7, plus lines 9 and 10 and results displayed.