587-PTE-SUP: 2025 Form 587-PTE-SUP Supplemental Schedule for Form 587-PTE (2025)
Oklahoma · Oklahoma Tax Commission · Used for tax years 2025
Form 587-PTE-SUP is a supplemental schedule for Oklahoma Form 587-PTE for an electing pass-through entity. It lists members’ identification numbers, Oklahoma distributive income, capital gain deductions, and net Oklahoma distributive income, with separate sections for members tax
What you'll need
Have these forms and details available to complete the schedule:
- The name shown on the return and the entity’s FEIN.
- Each member’s FEIN or SSN.
- Oklahoma distributive income from Form 514 or Form 512-S.
- Form 561-PTE and each member’s ownership percentage to calculate the Oklahoma capital gain deduction.
How to file
If filing a paper return, place all Forms 587-PTE-SUP immediately after Form 587-PTE.
Use the “Page ___ of ___” fields to show each supplemental form’s number and the total number included in the electing pass-through entity (PTE) return. For example, the second of five Forms 587-PTE-SUP should show “2 of 5.”
Common mistakes
- For a paper return, do not place the supplemental schedules elsewhere in the return. The form says to place them immediately after Form 587-PTE.
- Do not leave out the supplemental form numbering. Show each form’s number and the total number of Forms 587-PTE-SUP included.
Questions people ask
What is Form 587-PTE-SUP?
It is Oklahoma’s supplemental schedule for Form 587-PTE. This version is for tax year 2025.
Which members belong in Part 1?
Part 1 is for members who are individuals, trusts, or estates taxed at a 4.75% rate.
Which members belong in Part 2?
Part 2 is for members who are corporations, S corporations, or partnerships taxed at a 4% rate.
How do I calculate the Oklahoma capital gain deduction in Column C?
The form directs you to multiply the amount from Form 561-PTE by the member’s ownership percentage.
How do I calculate net Oklahoma distributive income in Column D?
Subtract Column C, the Oklahoma capital gain deduction, from Column B, Oklahoma distributive income from Form 514 or Form 512-S.