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.
Q: What is Form DS-1?
A: Form DS-1 is the Monthly County Return of Documentary Stamp Sales in Oklahoma.
Q: What is the purpose of Form DS-1?
A: The purpose of Form DS-1 is to report and remit documentary stamp sales in Oklahoma.
Q: Who needs to file Form DS-1?
A: Any person or entity engaged in the sale or transfer of specified documents in Oklahoma needs to file Form DS-1.
Q: What are documentary stamp sales?
A: Documentary stamp sales are taxes on certain types of documents, such as deeds, mortgages, and contracts.
Q: When is Form DS-1 due?
A: Form DS-1 is due on or before the 20th day of each month following the month in which the sales occurred.
Q: Are there any penalties for late filing of Form DS-1?
A: Yes, there may be penalties for late filing or failure to file Form DS-1.
Q: How do I calculate the amount of documentary stamp sales?
A: The amount of documentary stamp sales is based on the consideration or value of the documents being sold or transferred.
Q: Are there any exemptions from documentary stamp sales?
A: Yes, there are certain exemptions from documentary stamp sales, such as transfers between spouses or transfers to governmental entities.
Form Details:
Download a fillable version of Form DS-1 by clicking the link below or browse more documents and templates provided by the Oklahoma Tax Commission.