Businesses

WITHHOLDING TAX

 

File your return and make payments at OkTAP.

 

Withholding tax is the amount that an employer withholds from employees' wages and pays directly to the state. The amount withheld is a credit against the income taxes the employee must pay during the year.

 

Withholding Tax Payment

Income tax withholding schedules provide graduated tax rates to be withheld by employers each pay period.

 

 

Amount Withheld
by Company

Remittance/
Payment Schedule

More than $500 per quarter

Monthly

Less than $500 per quarter

Quarterly

$10,000 per month

Twice/Week

 

Wage withholding returns are due quarterly. Payments are remitted to the Oklahoma Tax Commission (OTC) throughout the quarter on the same schedule the employer remits payments to the IRS.

 

View OW-2 Withholding Tables.

 

Search for withholding tax accounts at OkTAP.