Calculate Oklahoma standard deduction under the phased increases to $6,350 for single filers and $12,700 for married filing jointly, and compare effective state tax rates before and after the increase.
Enter the values for the scenario you are assessing. Calculate Oklahoma standard deduction under the phased increases to $6,350 for single filers and $12,700 for married filing jointly, and compare effective state tax rates before and after the increase. Use the ok standard deduction result to inform your calculation.