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January 30, 2025
Question

Should I choose "Oklahoma Location" and "Type of Property sold" = "5 - Intang" for "Oklahoma Capital Asset Location And Type" for capital gains tax on an ETF I sold?

  • January 30, 2025
  • 1 reply
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I think the "Type of Property Sold" would be "5 - Intang pers prop as part of OK sale"

    1 reply

    AmyC
    Employee
    February 6, 2025

    561-NR | Oklahoma Capital Gain Deduction lists the types of property sold. We don't know what you sold so you will need to select which best describes your situation.

    Lines 1-5: Type of Property Sold Enter the number in the box which corresponds to the type of property sold: 

    1. The sale of stock in a qualified Oklahoma corporation. 

    2. The sale of an ownership interest in a qualified Oklahoma company, limited liability company, or partnership. 

    3. The sale of qualified real property located within Oklahoma. 

    4. The sale of qualified tangible personal property located within Oklahoma. 

    5. The sale of qualified intangible personal property located within Oklahoma as part of the sale of all or substantially all of the assets of an Oklahoma company, limited liability company, or partnership or an Oklahoma proprietorship business enterprise. 

    99. For lines 2-5, enter a “99” if the net gain/loss is from the sale of more than one type of property

     

     

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