Many adjustments required supporting documentation to be attached with your adjustment claim. You will not be able to upload documents when e-filing, so the return must be printed and mailed when supporting documentation is required.
Oklahoma adjustments to income include:
Military Pay Exclusion
Armed Services may exclude 100% of active Military pay including reservice and National Guard pay that is included in the federal adjusted gross income.
Qualifying Disability Deduction
Expenses to modify your auto, home, or work place to compensate for a physical disability that may be a handicap to employment may be deducted.
You will need to provide a schedule showing the expenses as well as a description of the physical disability. Also provide documentation from the Social Security Administration with recognition/allowance of the expense.
Qualified Adoption Expense
Nonrecurring adoption expenses maybe deducted in the year they were incurred. Not to exceed $20,000 per calendar year. Expenses allowed include adoption fees, court costs, medical expenses and attorney fees.
You will need to provide a schedule detailing the expenses claimed.
Contributions to Oklahoma 529 College Savings Plan & OklahomaDream 529 Account(s)
Contributions made to Oklahoma 529 College Savings Plan or OklahomaDream 529 accounts. This adjustment cannot exceed $10,000 ($20,000 if filing jointly). Contributions made to other plans are not deductible.
You will need to provide proof of your contribution - include the account number and name of the beneficiary.
Deduction for Providing Foster Care
You may deduct expenses incurred providing foster care ($5,000) if you contract with a child-placing agency. If you are married filing separately, you may only claim $2,500 on your return for each individual return (as if you were married filing jointly).
Miscellaneous Other Oklahoma Adjustments
- Qualified Medical Savings Account/Health Savings Account (Supporting documents required)
- Agricultural Commodity Processing Facility (Supporting documents required)
- Depreciation Adjustment for Swine or Poultry
- Discharge of indebtedness for Farmers
- OK Police Corps Program Scholarship/Stipend (Supporting documents required)
- Deduction for Living Organ Donation (Supporting documents required)
- Safety Pays OSHA Consultation Service
- Qualified Refinery Property (Supporting documents required)
- Cost of Complying with Sulfur Regulations (Supporting documents required
- Emergency Medical Personnel death Benefit Exclusion
- Competitive Livestock Show Award
- Home-buyer Savings Account Deduction - $5,000 per account holder($10,000 if joint), total amount deducted cannot exceed $50,000. Provide form 588.
- Indian Employment Exclusion
- Achieving a Better Life (ABLE) Deduction
- Allowable Adjustments not included above
These adjustments can be made on your Oklahoma return by following the steps below:
- State Section
- Oklahoma Return
For additional information, see Instruction Booklet for Oklahoma Resident Return.