Oklahoma Non-Resident TAX Returns Kansas STTC Training - TY2017

Kansas STTC Training - TY2017 WHO MUST FILE Every nonresident with Oklahoma source gross income of $1,000 or more is required to file an Oklahoma income tax return. A nonresident is an individual whose domicile was not in Oklahoma for any portion of the tax year. Kansas STTC Training - TY2017

OKLAHOMA SOURCE INCOME Salaries, wages and commissions for work performed in Oklahoma. Income from an unincorporated business, profession, enterprise or other activity as the result of work done, services rendered, or other business activities conducted in Oklahoma.* Distributive share of the Oklahoma part of partnership income, gains, losses or deductions.* (Out of scope.) Distributive share from Sub-chapter S Corporations doing business in Oklahoma.* (Out of scope.) * This includes Limited Liability Companies (LLCs). Kansas STTC Training - TY2017

OKLAHOMA SOURCE INCOME CONTINUED Net rents and royalties from real and tangible personal property located in Oklahoma. (Note: Form 4835, Farm Rental and Expenses, is Out of Scope for farm land located in Oklahoma.) Gains from the sales or exchanges of real and tangible personal property located in Oklahoma. Income received from all sources of wagering, games of chance or any other winnings from sources within this state. Proceeds which are not money shall be taken into account at fair market value. Kansas STTC Training - TY2017

KANSAS CREDIT FOR TAXES PAID TO OTHER STATES This credit may be claimed if your KAGI includes income earned in another state AND you were required to pay income tax to the other state on that income Kansas STTC Training - TY2017

OK NON-RESIDENT IN TAXSLAYER Complete the Federal forms, except for education credits Complete the Kansas return Add an Oklahoma return to the state return Complete Basic Information and enter resident state as Kansas Complete OK return Complete education credits on Federal return Kansas STTC Training - TY2017

OK NON-RESIDENT IN TAXSLAYER Except for W-2 income, all OK source income must be entered into “Income Subject to Tax” in TaxSlayer. TaxSlayer will then generate the non-resident OK return and calculate the “Credit for Taxes Paid to Other States” on the K-40. Kansas STTC Training - TY2017

OK NON-RESIDENT IN TAXSLAYER Kansas STTC Training - TY2017

OK NON-RESIDENT IN TAXSLAYER Kansas STTC Training - TY2017

OK NON-RESIDENT IN TAXSLAYER Oil royalties Gambling income Kansas STTC Training - TY2017

OK NON-RESIDENT IN TAXSLAYER When all income has been entered, exit the Oklahoma return. Continue to “Summary/Print.” Select “Preview Return” and, then “Print Your 2017 Tax Return.” Scroll to the Oklahoma Form Schedule 511NR and verify that the income you entered appears properly and that tax is owed to Oklahoma. (If tax is owed, Credit on Kansas return is calculated by TS.) Kansas STTC Training - TY2017

OK NON-RESIDENT IN TAXSLAYER Then, scroll to the Kansas return and verify that it is accurate. If Oklahoma tax appeared on Line 19 of the Oklahoma 511NR, verify that a Credit for taxes paid to other states is included on Line 13 of the K40. When the return is completed and printed, an Oklahoma “Form 511EF, Electronic Filing” will be generated. It is handled like the Federal Form 8879. The taxpayer must sign it but it does not have to be mailed. Kansas STTC Training - TY2017

OK NON-RESIDENT IN TAXSLAYER Credit for taxes paid to other states is non- refundable If cannot exceed KS tax liability It is determined by the ratio of OK income to Kansas income Kansas STTC Training - TY2017

Kansas STTC Training - TY2017 Now it’s YOUR turn… Questions? Comments? Concerns? Kansas STTC Training - TY2017