Child tax credit in Oklahoma
Varies
Does Oklahoma Have a Child Tax Credit?
Short answer: Yes: Child Care/Child Tax Credit: the greater of 5% of your federal child tax credit (including the refundable portion), worth about $110 per child, or 20% of your federal child care credit. Only if federal AGI is $100,000 or less. Nonrefundable, and prorated by the ratio of Oklahoma AGI to federal AGI.
Child care: Same single credit as the child tax credit: 20% of the federal child and dependent care credit, if that's larger than 5% of the federal child tax credit. Federal AGI must be $100,000 or less. Nonrefundable. You claim one or the other, not both (Schedule 511-F). Dependent exemption is $1,000. The federal child tax credit is $2,200 per child under 17 for 2026 and is claimed on Form 1040 regardless of state.
Records to keep: Keep your state return, W-2s and 1099s (1099-R, SSA-1099), and any state credit worksheets. Check your state revenue department's current-year instructions before you file.
Child tax credit in Oklahoma
Varies
Individuals / Personal Taxes
Yes: Child Care/Child Tax Credit: the greater of 5% of your federal child tax credit (including the refundable portion), worth about $110 per child, or 20% of your federal child care credit. Only if federal AGI is $100,000 or less. Nonrefundable, and prorated by the ratio of Oklahoma AGI to federal AGI.
Business justification
Yes: Child Care/Child Tax Credit: the greater of 5% of your federal child tax credit (including the refundable portion), worth about $110 per child, or 20% of your federal child care credit. Only if federal AGI is $100,000 or less. Nonrefundable, and prorated by the ratio of Oklahoma AGI to federal AGI. Child care: Same single credit as the child tax credit: 20% of the federal child and dependent care credit, if that's larger than 5% of the federal child tax credit. Federal AGI must be $100,000 or less. Nonrefundable. You claim one or the other, not both (Schedule 511-F). Dependent exemption is $1,000. The federal child tax credit is $2,200 per child under 17 for 2026 and is claimed on Form 1040 regardless of state.
Category
- Personal Tax Deductions