Varies
Amount varies
Tax Credit
Reduces tax liability
Rolling
No fixed cutoff
Annual tax return
Claim with year-end filing
Moderate
File with tax return
Oklahoma income tax credit for manufacturers investing at least $40,000 in qualified property and creating net new jobs paying at least $10/hour. Credit: $500–$2,000 per new job for 5 years depending on county location, with higher amounts in high-unemployment areas.
Do I qualify?
Answer the questions below to get an instant self-assessment of your fit for this program. This is informational — final determinations are made by the administering agency.
1.Manufacturer or processor in Oklahoma
2.Minimum $40,000 investment in qualifying property
3.Minimum 1 new full-time job at $10+/hour
4.Credit: $500–$2,000 per new job per year for 5 years
5.Claim on Oklahoma Form 506
LPO · United States
Offers federal loan guarantees for innovative clean energy projects that struggle to access conventional financing. Supports first-of-kind commercial-scale projects in renewable energy, storage, advanced nuclear, and industrial decarbonization.
NYSDEC · New York
Provides transferable tax credits for remediating contaminated brownfield sites and redeveloping them for residential, commercial, or industrial use, with enhanced credits for affordable housing and green buildings.
NCDOR · North Carolina
Provides state income tax credits for investments in renewable energy equipment and energy efficiency improvements for business properties in North Carolina, stackable with federal ITC.