Oklahoma’s Miscellaneous Other Additions are reported on Schedule 511-C (Oklahoma Additions) of Form 511. Schedule 511-C is used to report specific Oklahoma-required additions that increase Oklahoma taxable income. These additions may include adjustments related to pass-through entities and other Oklahoma-specific tax provisions.
Line C3: Add-Backs for Pass-Through Entities (PTEs)
Enter the applicable addition code and the amount of the adjustment if you are a member of a pass-through entity (PTE) that is required to add back certain expenses related to a captive real estate investment trust (REIT).
The adjustment may apply when:
- A PTE is required to add back rent and interest expenses paid to a captive REIT when calculating Oklahoma distributable income; or
- A captive REIT is required to add back the dividends-paid deduction when determining Oklahoma taxable income.
Report your pro rata share of the applicable add-back amount. Include the PTE name and federal identification number as required by the Schedule 511-C instructions.
Line C4: Safety Pays OSHA Consultation Service Exemption
- Enter the applicable addition code and amount for the Oklahoma Safety Pays Occupational Safety and Health Administration (OSHA) Consultation Service adjustment, if applicable.
- This adjustment applies only to taxpayers who qualify under the Oklahoma Safety Pays program requirements. The amount reported should be based on the taxpayer’s allowable adjustment under Oklahoma law and the current Schedule 511-C instructions.
- If the adjustment is received through a partnership, S corporation, or other pass-through entity, report the taxpayer’s pro rata share and provide the required entity information.
Source:
Form 511 - Schedule 511-B and 511-C (Oklahoma Department of Revenue)
Disclaimer: Always verify details with the most current Federal or State Department of Revenue Forms and Instructions. For complex tax situations, consult a CPA or tax attorney.