Okla. Admin. Code § 710:50-15-65
Current through Vol. 42, No. 1, September 16, 2024
For taxable years beginning after December 31, 1999, individuals engaged in production agriculture who filed a Schedule F form with the taxpayer's federal income tax return for such taxable year, may exclude from Oklahoma taxable income, any amount that was included in federal taxable income or federal adjusted gross income, which consisted of the discharge of an obligation by a creditor of the taxpayer incurred to finance the production of agricultural products. [See: 68 O.S. § 2358(E)(15) ]
Okla. Admin. Code § 710:50-15-65