Oklahoma take-home pay

TY2026 schedule per HB 2764 (signed 2025-05-28) restructures the legacy six-bracket OK schedule into four brackets with a statutory 0% bottom band. The OK Senate press release describes this as 'three-bracket'; the OK Tax Commission's own Tax Policy Division 2025 Legislative Update describes it as four brackets including the 0% band — the OTC publication is the canonical source and is the encoding used here. Filing-status mapping in OK: HoH uses MFJ thresholds (doubled-of-single); MFS uses single thresholds. **Bundled-PE-into-SD encoding**: OK has both a standard deduction (Form 511 line 10: $6,350 single / $12,700 MFJ / $6,350 MFS / $9,350 HoH) and a per-filer personal exemption (Form 511 line 18: $1,000 per filer, $2,000 for MFJ). Both reduce taxable income before bracket walking. The schema lacks a dedicated personalExemptionDeduction field, so the two are bundled into standardDeduction (single $7,350 = $6,350 + $1,000; MFJ $14,700 = $12,700 + $2,000; MFS $7,350; HoH $10,350 = $9,350 + $1,000). The per-dependent $1,000 exemption stays on dependentExemption as a separate field. The Form 511 page-5 'Determining Your Filing Requirement' Chart A confirms these bundled figures verbatim as the gross-income filing thresholds: Single $7,350; MFJ $14,700; MFS $7,350; HoH $10,350. **HB 2764 trigger phase-down NOT modeled**: TY2027+ contingent rate reductions (0.25 pp increments based on revenue benchmarks per State Board of Equalization certification) are not encoded. TY2026 statutory rates are fixed regardless. Not modeled: special exemption (additional $1,000 for filers 65+ with low AGI per Form 511 page 9); legally blind exemption (additional $1,000). No local income taxes in OK.