The formulas
- Taxable income = income - standard deduction - personal exemptions (when applied), not below zero
- Tax for 2026 (HB 2764): 0% on the first $3,750, 2.5% on the next $1,150, 3.5% on the next $2,300, 4.5% above (double bands joint and head of household)
- Standard deduction $6,350 single or separate, $9,350 head of household, $12,700 joint
- Exemption $1,000 per filer
- Oklahoma income tax = tax from the rate schedule
How it works
Tax year: 2026.
Oklahoma taxes income at 2.5% to 4.5%. Enter income before state deductions and choose whether to apply the state standard deduction and personal exemptions, or enter taxable income and switch them off. The tool computes state income tax only; credits other than those named are not applied.
HB 2764 rewrote Oklahoma's schedule for tax year 2026: four brackets and a 4.5 percent top rate (4.75 percent before), with the joint and head of household bands twice the single bands. The standard deduction is frozen by 68 O.S. 2358 at $6,350 single or separate, $9,350 head of household and $12,700 joint for tax years from 2017, with no indexing, and the personal exemption is $1,000 per filer.
Local taxes: Oklahoma cities and counties do not levy a local income tax.
Illustrative figures only. Check the result against your firm's methodology before relying on it.
Common questions
What is the Oklahoma income tax rate for 2026?
Oklahoma taxes income at 2.5% to 4.5% for 2026. Tax for 2026 (HB 2764): 0% on the first $3,750, 2.5% on the next $1,150, 3.5% on the next $2,300, 4.5% above (double bands joint and head of household).
What is the Oklahoma standard deduction?
Single: $6,350; Married filing jointly or surviving spouse: $12,700; Head of household: $9,350; Married filing separately: $6,350 (2026, at low income).
Are there local income taxes in Oklahoma?
Oklahoma cities and counties do not levy a local income tax.
Sources
- Oklahoma Legislature, enrolled HB 2764
- Oklahoma Tax Commission, Form 511 packet (standard deduction, exemption)
- Oklahoma SB 227 (2025), reproducing the current text of 68 O.S. 2358 (standard deduction)
Runs in your browser. The figures you type are not sent to CORAA or stored. Check the result against your firm's methodology before relying on it.