Okla. Admin. Code § 710:50-3-44

Current through Vol. 42, No. 6, December 2, 2024

Section 710:50-3-44 - Accounting periods and methods

The taxpayer must use the same accounting periods and methods as used for Federal Income Tax purposes. There must be an Oklahoma Income Tax Return filed for every Federal Return filed, using the same period as used on the Federal Return. The taxpayer may not combine two or more Federal short periods into one Oklahoma Return.