Problem with Oklahoma 512S

[Dan]

My problem is why does the program put an x in the yes box in part 5 line 12 if you are a resident of Oklahoma? There are no nonresident shareholders. The person that owns the s-corp has 100% ownership and lives in Oklahoma. What do I need to do so that no box is checked in line 12 on part 5 of form 512S page 4?

Does Oklahoma require you to attach form 512-SA to your form 512-S if you have no nonresident shareholders?

Edited February 3, 2014 by kcjenkins
to combine two posts

[Dan]

Does anyone that does Oklahoma 512-S; part 5; line 12 know how to answer that line 12 when there are no nonresident shareholders? The ATX program automatically marks the yes box. Why? The only shareholder is the owner himself and he lives in Oklahoma.

[kcjenkins]

change it to a 'no'

[Dan]

Thanks KC

Good to hear from you. I know how to mark the box no but am still wondering why you need to mark any box if you don't have nonresident shareholders. Am I missing something?

[kcjenkins]

I think OK is just somewhat of a PITA state. I had several OK clients and often found their forms a little unnecessarily complicated. Just had to live with it.