The more I look into this, I don't see that any pre-tax deductions can be taken for life insurance over $50K. I was equating life insurance with LTD, for instance, where pre-tax deductions yield taxable benefits and post-tax deductions yield tax-free benefits. I now don't see how this can apply to life over $50K.
Claiming Unclaimed Property in Oklahoma. In Oklahoma, property is generally presumed abandoned if it has remained unclaimed by the owner for more than five years after it becomes payable or distributable. However, this time limit varies depending on the type of property involved. Once abandoned property is turned over to the state by a business, an individual then has the burden of reclaiming from the state. Reporting Unclaimed Property in Oklahoma. In Oklahoma, a holder of abandoned property valued at $50 or more must file a verified annual report containing information concerning the property required by the Oklahoma State Treasurer. The report must be filed before November 1 for property reportable as of September 1, except that for life insurance companies, the report must be filed before May 1 for property reportable as of March 1.
of your income from the amount of property taxes you paid. A refund may not exceed $200.00. If required to file an Oklahoma income tax return, Form 538-H must be enclosed with and the credit claimed on Form 511. Otherwise, Form 538-H must be received by the OTC on or before June 30th each year for property taxes paid for the preceding calendar year.