What’s new in 2020 for Oklahoma?
What new deductions were added?
- New deduction allowed for contributions to a home-buyer savings account.
What new Credits were added?
- Form 511CR now includes Credit for Qualified Software or Cybersecurity Employees.
- The Credit for Railroad Modernization now has both an increased individual credit amount and increased total annual cap.
Donations can now be made from your refund to the following:
- The Oklahoma Silver Haired Legislature and Alumni Association