TAXES 22-04, Oklahoma State Income Tax Withholding

Published: February 25, 2022
Effective: Pay Period 03, 2022

Summary

The Single and Married income tax withholdings for the State of Oklahoma have changes to the formula for tax year 2022.

No action on the part of the employee or the personnel office is necessary.

Tax Formula

State Abbreviation:

OK

State Tax Withholding State Code:

40

Acceptable Exemption Form:

OK W-4

Basis for Withholding:

State or Federal Exemptions

Acceptable Exemption Data:

S/M/H, Number of Exemptions

TSP Deferred:

Yes

Special Coding:

None

Additional Information:

None

Withholding Formula (Effective Pay Period 03, 2022)

  1. Subtract the nontaxable biweekly Thrift Savings Plan (TSP) contribution from the gross biweekly wages.
  2. Subtract the nontaxable biweekly Federal Health Benefits Plan payment(s) (includes dental and vision insurance program and Flexible Spending Account - health care and dependent care deductions) from the amount computed in step 1.
  3. Add the taxable biweekly fringe benefits (e.g., taxable life insurance) to the amount computed in step 2 to obtain the adjusted gross biweekly wages.
  4. Multiply the adjusted gross biweekly wages by the number of pay dates in the tax year to obtain the gross annual wages.
  5. Determine the exemption allowance by applying the following guideline and subtracting this amount from the results in step 4 to compute the taxable income:

    Exemption Allowance = $1,000 x Number of Exemptions

  6. Apply the taxable income computed in step 5 to the following table(s) to determine the annual Oklahoma tax withholding:

    Single or Head of Household Tax Withholding Table

    If the Amount of Taxable Income Is:

    The Amount of Tax Withholding Should Be:

    Over $0 but not over $6,350

    $0.00

    Over $6,350 but not over $7,350

    0.25% of excess over $6,350

    Over $7,350 but not over $8,850

    $2.50 plus 0.75% of excess over $7,350

    Over $8,850 but not over $10,100

    $13.75 plus 1.75% of excess over $8,850

    Over $10,100 but not over $11,250

    $35.63 plus 2.75% of excess over $10,100

    Over $11,250 but not over $13,550

    $67.25 plus 3.75% of excess over $11,250

    Over $13,550

    $153.50 plus 4.75% of excess over $13,550

    Married Tax Withholding Table

    If the Amount of Taxable Income Is:

    The Amount of Tax Withholding Should Be:

    Over $0 but not over $12,700

    $0.00

    Over $12,700 but not over $14,700

    0.25% of excess over $12,700

    Over $14,700 but not over $17,700

    $5.00 plus 0.75% of excess over $14,700

    Over $17,700 but not over $20,200

    $27.50 plus 1.75% of excess over $17,700

    Over $20,200 but not over $22,500

    $71.25 plus 2.75% of excess over $20,200

    Over $22,500 but not over $24,900

    $134.50 plus 3.75% of excess over $22,500

    Over $24,900

    $224.50 plus 4.75% of excess over $24,900

  7. Divide the annual Oklahoma tax withholding calculated in step 6 by the number of pay dates in the tax year and round to the nearest dollar to obtain the biweekly Oklahoma tax withholding.
  8. Add the additional amount or percentage elected by the employee to the pay period tax calculated in step 7 and round to the nearest dollar to determine the amount of tax to be withheld for the pay period.

Resources

To view the updated tax formula, go to the HR and Payroll Clients page from the MyNFC drop-down menu on the National Finance Center (NFC) Home page. Select the Publications tab and select U.S. Income Tax Formulas from the Publications menu to launch the tax map. Select the desired State from the map provided for the formula.

Previous Tax Bulletin

Inquiries

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