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Form 588 Oklahoma First-Time Homebuyer Savings Account - Account Holder and Designated Beneficiary Form - Oklahoma
What Is Form 588?
This is a legal form that was released by the Oklahoma Tax Commission - a government authority operating within Oklahoma. As of today, no separate filing guidelines for the form are provided by the issuing department.
FAQ
Q: What is Form 588?A: Form 588 is the Oklahoma First-Time Homebuyer Savings Account - Account Holder and Designated Beneficiary Form.
Q: What is the purpose of Form 588?A: The purpose of Form 588 is to establish and maintain a First-Time Homebuyer Savings Account in Oklahoma.
Q: Who is the Account Holder?A: The Account Holder is the individual who opens and contributes to the First-Time Homebuyer Savings Account.
Q: Who is the Designated Beneficiary?A: The Designated Beneficiary is the individual named by the Account Holder to be the recipient of the funds in the First-Time Homebuyer Savings Account.
Q: What information is required on Form 588?A: Form 588 requires the Account Holder and Designated Beneficiary's personal information, account details, and contribution information.
Q: Can I use Form 588 for accounts in other states?A: No, Form 588 is specific to establishing and maintaining a First-Time Homebuyer Savings Account in Oklahoma.
Form Details:
- Released on November 1, 2019;
- The latest edition provided by the Oklahoma Tax Commission;
- Easy to use and ready to print;
- Quick to customize;
- Compatible with most PDF-viewing applications;
- Fill out the form in our online filing application.
Download a fillable version of Form 588 by clicking the link below{class="scroll_to"} or browse more documents and templates provided by the Oklahoma Tax Commission.
Download Form 588 Oklahoma First-Time Homebuyer Savings Account - Account Holder and Designated Beneficiary Form - Oklahoma
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