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2022 IRS W-4 Oklahoma City Oklahoma: What You Should Know
OK — Tax Relief for Hurricane-Battered Oklahoma Nov 14, 2025 — The Oklahoma Tax Commission today approved tax relief for Hurricane-Battered Oklahoma, including more than 50 million in state tax cuts and some 50 million in federal relief. The commission also approved a three-year moratorium on the tax reductions. Oklahoma — Disaster Tax Rebates on the way Oklahoma — Flood Damage Tax Rebate on the way Oklahoma — Flood Tax Rebate available to those who work on the Gulf Oklahoma — Hurricane-Battered Tax Relief begins Nov 21, 2025 — In the aftermath of the devastating 2025 hurricane season, the Oklahoma Tax Commission today approved 35 million in Hurricane-Battered tax relief. The commission also approved a three-year moratorium on the tax reductions. The Oklahoma Flood Insurance Corporation will be exempt from a 6 percent interest tax on the proceeds of any new policy issued after October 1, 2019. The Oklahoma Tax Commission today approved a three-year moratorium on the tax reductions. “Hurricane-Battered Oklahoma is a storm no one ever wants to experience,” said Commissioner Mike Sherman. “Today, thanks to the tireless efforts of the Legislature and the Governor, we can give those who have been affected by this storm a break while we continue to evaluate every aspect of our plan.” Storm-scarred people and businesses across southeast Oklahoma will gain access to new low-cost flood insurance through various tax credits. All the hurricane-scarred people and businesses affected by the Hurricane-Battered Oklahoma Tax Relief Program will have their storm-scarred property tax assessed at the lower rate. The Hurricane-Battered Oklahoma Tax Relief Program will be administered by the Oklahoma Flood Insurance Corporation. The corporation will issue flood insurance policies as it did prior to the hurricane. The corporation will work with residents and business owners through the approval process to ensure that they have full access to the coverage they need. The hurricane-scarred people and businesses are eligible for the hurricane-scarred property tax credits, which reduce property taxes when assessed at the lower property tax rate. The corporation will not be able to offer hurricane-scarred tax credits to individuals at this time. The corporation has taken applications for flood policies for individuals, and it will continue to take applications. Individuals needing flood insurance will need to contact their local Flood Insurance Office. The corporation will be accepting applications of business owners as soon as they are processed and as needed.
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