OTC Form 504-I Application for Extension of Time to File an Oklahoma Income Tax Return for Individuals - Oklahoma

What Is OTC Form 504-I?

This is a legal form that was released by the Oklahoma Tax Commission - a government authority operating within Oklahoma. As of today, no separate filing guidelines for the form are provided by the issuing department.

FAQ

Q: What is OTC Form 504-I?
A: OTC Form 504-I is the Application for Extension of Time to File an Oklahoma Income Tax Return for Individuals.

Q: Who is eligible to use OTC Form 504-I?
A: Individuals who need an extension of time to file their Oklahoma income tax return.

Q: What is the purpose of OTC Form 504-I?
A: The purpose of OTC Form 504-I is to request an extension of time to file an Oklahoma income tax return.

Q: What is the deadline for filing OTC Form 504-I?
A: OTC Form 504-I must be postmarked on or before April 15th.

Q: How long is the extension granted by OTC Form 504-I?
A: OTC Form 504-I grants a six-month extension, moving the filing deadline from April 15th to October 15th.

Q: Is there a penalty for filing OTC Form 504-I?
A: There is no penalty for filing OTC Form 504-I as long as your tax liability is paid in full by the original due date.

Q: Can I file OTC Form 504-I electronically?
A: No, OTC Form 504-I can only be filed by mail.

Q: Can I still file my Oklahoma income tax return after filing OTC Form 504-I?
A: Yes, you can still file your Oklahoma income tax return after filing OTC Form 504-I, but it must be filed by the extended deadline.

Q: What should I do if I can't pay my taxes by the original due date?
A: If you can't pay your taxes by the original due date, you should still file OTC Form 504-I to avoid the late filing penalty.