SECTION 710:50-13-3. Who must make payments of estimated tax; due dates

(a)   Payment of estimated income tax must be made by the following:

(1)   A single individual whose tax liability for the year is estimated to be $500.00 or more in excess of taxes withheld from wages.

(2)   Married individuals whose combined tax liability for the year is estimated to be $500.00 or more in excess of taxes withheld from wages.

(3)   A corporation or trust whose tax liability for the year is estimated to be $500.00 or more.

(b)   Initial payments of estimated tax should be made by:

(4)   Calendar-year taxpayers, no later than April 15th.

(5)   Fiscal-year taxpayers, by the fifteenth day of the fourth month following the beginning of the taxable year. [See: 68 O.S. § 2385.7]

[Source: Amended at 15 Ok Reg 2811, eff 6-25-98; Amended at 18 Ok Reg 2810, eff 6-25-01]