Under recently enacted legislation, the due date for filing Forms W-2 with the Oklahoma State Tax Commission (OTC) is changed from February 28 to January 31 effective with tax year 2018 (filed in 2019). (HB 3156)

Employers are required to file Forms W-2 electronically over the Oklahoma Taxpayer Access Point (OKTap) electronic reporting system. According to OTC representatives, the due date for the calendar year 2018 annual withholding reconciliation will also be January 31, 2019. (Telephone conversation/email, representatives, withholding tax section, May 4, 2018.)

See the OTC's website for more information on the filing of state Forms W-2.

New state employee withholding allowance certificate required for new employees

As we reported, the OTC is requiring that employees hired after February 28, 2018 submit to their employers a new state withholding allowance certificate, Form OK-W-4, Employee's Withholding Allowance Certificate. Form OK-W-4 was created in response to federal changes under the Tax Cut and Jobs Act (TCJA). The new form must also be used by any employee that wishes to make changes to their Oklahoma state income tax withholding. Use of the federal Form W-4 for Oklahoma state income tax withholding purposes is no longer allowed. (Informational notice, April 4, 2018; Revised Okla. Admin. Code Section 710:90-1-5)?

Employees that submitted federal Form W-4 to their employer prior to March 1, 2018, are not required to submit the new Form OK-W-4 unless changes are made.?

For more information on Oklahoma state income tax withholding, see the OTC website.

———————————————

———————————————

———————————————
ATTACHMENT

EY Payroll News Flash