Form WTR-10002 Oklahoma Nonresident Royalty

What is an Oklahoma Nonresident Royalty Withholding Tax Return?

The WTR 10002 Form is a short, one-page document that all Oklahoma nonresidents must complete annually if they have income from various royalties in a reporting period that exceeds $1000. It has both a table for calculating the due income tax and a tear-off coupon. A payment receipt should accompany each coupon (if you fill out several forms).

What do I need the WTR 10002 Form for?

• You must complete this form if you were a nonresident during the tax year and that status did not change.
• At the same time, your royalties income must be $1,000 or more.
• If you spent at least some part of the year as a resident in Oklahoma, you do not need to complete this form.

How to Fill Out The Oklahoma Nonresident Royalty Withholding Tax Form?

1. Enter your FEIN, the period for which you are making calculations, and the due date.
2. Then, calculate the total by entering royalty interests, withheld taxes, and penalties (if applicable) in the table.
3. Below the dotted line, write your FEIN, due date, filing frequency, and reporting period again.
4. Also, fill in the table again with the calculations of the total amount payable. Enter your full registration address.
5. Put the date of filling the coupon and your signature to confirm the correctness of the data. You can transfer this document electronically or print it out and send the tear-off coupon only to the Oklahoma Tax Commission.

Organizations that work with the Oklahoma WTR 10002 Form

• Oklahoma Tax Commission