Oklahoma Income Tax Extension

How to file an Oklahoma Tax Extension. Points to consider when to prepare extensions.

Extension Situation
Extension Suggestion
Oklahoma Tax Refund

Option 1: If you do not owe Oklahoma income taxes or expect a OK tax refund by the tax deadline, you do not have to prepare and file a OK tax extension. In case you expect a OK tax refund, you will need to file or e-File your OK tax return in order to receive your tax refund money.

Option 2: eFiled a Federal Extension? If you do not owe Oklahoma income taxes or expect a tax refund by the tax deadline, your accepted federal extension will be honored as a state extension, and you do not have to mail in Form 504-I..

Owe Oklahoma Taxes

Option 1: Pay all or some of your Oklahoma income taxes online via: OkTAP.

Option 2: If you owe OK income taxes, you will either have to submit a OK tax return or extension by the tax deadline in order to avoid late filing penalties. You can only eFile and IRS tax extension, but not an Oklahoma extension. The tax extension will only avoid late filing penalties until the October deadline.
Note: Unless you pay all your Taxes or eFile your tax return by the October deadline, the late filing penalties will start again after that deadline.

Option 3: Complete Form 504-I., include a Check or Money Order, and mail both to the address on Form 504-I. Important: Even if you filed an extension, you will still need to file your OK tax return either via eFile or by paper by the October deadline.

Oklahoma Income Tax Calculator
Oklahoma Tax Deadlines
Tax Penalties
Important: If you owe Oklahoma and/or IRS income taxes and do not file an IRS and Oklahoma tax return or extension by the Tax Due Date, you will be subject to IRS and OK late filing penalties. Estimate IRS late filing, payment penalties. In addition, if you do not pay your taxes by the Tax deadline, you will be subject to late tax payment penalties. Filing an extension on time will ONLY eliminate the late filing penalties but not the late tax payment penalties. Late filing penalties are generally higher than late payment penalties, thus file something on time even if you can't pay anything on time!
Taxpert®
Discuss your extension questions and goals with a Taxpert for free and we will guide you through the process.

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