This article provides information and explains about the new state withholding form for Oklahoma.
SAP SuccessFactors Onboarding
The Oklahoma Tax Commission has introduced an Oklahoma-specific withholding certificate in response to changes in federal tax law. Historically, the OTC used the IRS form W-4; however, with the implementation of the Federal Tax Cuts and Jobs Act, our agency has determined a state-specific form will best suit the needs of our taxpayers. This new form, the OK-W-4 will allow employees to make changes to their Oklahoma withholding for 2018.
Many taxpayers may find that the new federal tax brackets may impact their Oklahoma Individual Income Tax liabilities. Please take some time to look over the new federal guidelines to determine if you should adjust your Oklahoma withholding. We encourage employers to advise their new and current employees of the new form. Any employees who wish to make changes to their Oklahoma withholding should complete the OK-W-4 and file it with their employer.
Source: Oklahoma Tax Commission | Date: Wednesday, April 4, 2018
The SAP SuccessFactors Onboarding Product Management have added the Oklahoma W-4 State Withholding Form to the application in the 1808 release.
- SAP SuccessFactors
- Release Update, Information, New
- State Withholding