Thursday, March 19, 2020

OK Tax Commission pushes income tax payment deadline to July 15th, filing still due April 15th

Governor Stitt announces Oklahoma Tax Commission to allow deferred income tax payments due to COVID-19

OKLAHOMA CITY (March 19, 2020) – Governor Kevin Stitt announced today the Oklahoma Tax Commission approved an order to allow all individual and other non-corporate tax filers to defer up to $1 million of state income tax (including self-employment tax) payments due on April 15 until July 15 without penalties or interest. This matches the federal guidance issued by the IRS as a result of President Trump’s emergency declaration pursuant to the Stafford Act, and also allows corporate taxpayers a similar deferment of up to $10 million of state income tax payments without penalties or interest.

The filing deadline remains April 15.

“This guidance is a proactive step to reduce the financial stress many hardworking Oklahomans and businesses are feeling during this time,” said Gov. Stitt. “I thank Executive Director Jay Doyle and the Oklahoma Tax Commissioners for working together with us to quickly approve this.”


Post a Comment

PLEASE INCLUDE YOUR NAME when commenting. Anonymous comments may be rejected if NOT accompanied by a name.

Comments are welcome, but remember - commenting on my blog is a privilege. Do not abuse that privilege, or your comment will be deleted.

Thank you for joining in the discussion at! Your opinion is appreciated!