Printable Form Instructions 944 Broken Arrow Oklahoma 2024-2025

Printable Form Instructions 944 Broken Arrow Oklahoma: What You Should Know

States hit particularly hard with the financial crisis. One area of growth is projected for FY 2023. This is reflected in the FY2023 budget. The new state revenue forecast is projected to include a large increase in tax collections. State officials have recommended the funding plan, as they believe the state will do a better job meeting its tax collection goals using this year's additional funding.  FY2021 Budget 2025 — FY 22 Budget 2018: FY2024 Budget 2018: FY2018 Budget Summary Update: FY2019 Budget Summary Update : FY2018 Budget Highlights The Legislature voted to adopt new state taxes on January 14th with the passage of Senate Bill 924, Senate Bill 1040, House Bill 2026. The tax increases are scheduled to take effect on January 1st, 2019. This is the fiscal year 2 funding report which highlights state activities for fiscal year 2. The funding report includes budget items, revenues, and spending and includes additional information for FY2018 budget and future fiscal years. Oklahoma State Legislature Revenue Highlights This page includes a snapshot of the current year's state revenue. This includes revenue forecasts for FY 2018, fiscal years 2025 and 2020, and future fiscal year(s). See the 2 fiscal overview for more details. Budget Overview 2018-19 FY2018 Revenue Highlights FY2018 — FY2019 Revenue Summary FY2019 Revenue Highlights — FY2020 Budget Overview FY2020 Revenue Highlights FY2016- FY2018 Revenue Summary Oklahoma's current year revenue includes revenues from a range of sources including income and sales taxes, personal property taxes, and corporate income taxes. Some key sources of revenue for fiscal year 2 include: Personal property. This includes income and sales taxes, tobacco excise taxes, license taxes, and business franchise and sales taxes. State-administered sales tax. This includes a 2.0 percent personal property tax on most consumer goods and services, state sales taxes on the sale of durable property and services, and a state excise tax on non-consumer goods and services. State income tax. The state income tax is primarily used to fund programs designed to ensure a secure and affordable Oklahoma and will only be collected until the tax is fully phased-out during FY 2024. Corporate income tax. This source of revenues includes a 4.6 percent corporate income tax on Oklahoma-based corporations. Cumulative state sales tax on gas station sales and an increase of 0.

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