Oklahoma § 68-2357.43 - State earned income tax credit
Full text of Oklahoma Oklahoma Statutes § 68-2357.43 — State earned income tax credit, with citation guidance and answers to common questions.
§ 68-2357.43. State earned income tax credit
For tax years beginning on or after January 1, 2022, there shall
be allowed to a resident individual or a part-year resident
Oklahoma Statutes - Title 68. Revenue and Taxation
individual as a credit against the tax imposed by Section 2355 of
this title five percent (5%) of the earned income tax credit allowed
under Section 32 of the Internal Revenue Code of the United States,
26 U.S.C., Section 32, which for the taxable year beginning January
1, 2022, and the taxable year beginning each January 1 thereafter
shall be computed using the same requirements, other than the five
percent (5%) amount to compute the credit as prescribed by this
section which shall remain constant, in effect for computation of
the earned income tax credit for federal income tax purposes for the
2020 income tax year. However, this credit shall not be paid in
advance pursuant to the provisions of Section 3507 of the Internal
Revenue Code. For tax years which begin on or after January 1,
2022, if the credit exceeds the tax imposed by Section 2355 of this
title, the excess amount shall be refunded to the taxpayer. The
maximum earned income tax credit allowable on the Oklahoma income
tax return shall be prorated on the ratio that Oklahoma adjusted
gross income bears to the federal adjusted gross income.
Added by Laws 2001, c. 383, § 1, eff. July 1, 2001. Amended by Laws
2016, c. 341, § 1, eff. Nov. 1, 2016; Laws 2021, c. 493, § 2, eff.
Jan. 1, 2022.
NOTE: Editorially renumbered from Section 2357.42 of this title to
avoid a duplication in numbering.
Source: official Oklahoma text · Last verified 2026-08-27
Frequently Asked Questions About Oklahoma § 68-2357.43
What does Oklahoma Statutes § 68-2357.43 cover?
Section 68-2357.43 ("State earned income tax credit") is part of the Oklahoma Statutes, the codified statutory law of Oklahoma. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Oklahoma § 68-2357.43?
A common citation format is "Oklahoma Statutes § 68-2357.43" (Oklahoma). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Oklahoma law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Oklahoma official source linked on this page or consult a licensed Oklahoma attorney.
How does Oklahoma § 68-2357.43 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Oklahoma can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Oklahoma.