The Oklahoma House approved a budget bill Tuesday freezing the state’s standard income tax deduction at current federal levels.
House Bill 2348 means Oklahoma’s standard deductions would be $6,350 for single filers, $12,700 for joint filers or $9,350 for heads of household for this tax year forward. Otherwise, they would increase with the federal standard deduction.
"We can have this be higher than the federal deduction. We can have it be lower than the federal deduction," said Rep. Lewis Moore. "It is what is required revenue-wise to provide for the people of Oklahoma."