The Software/Cybersecurity Employee Tax Credit provides up to $2,200 annually for qualifying employees who receive a degree from a ABET accredited institution, or $1,800 annually for qualifying employees who are awarded a certificate from a technology center accredited by the Oklahoma State Board of Career and Technology Education. To receive the credit, employees must meet strict educational requirements and obtain employment in a qualified industry for a qualified employer. The credit can be claimed no more than 7 years and cannot be claimed simultaneously by an individual claiming the Aerospace Engineers tax credit.
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The materials contained on this website have been prepared by the Oklahoma Department of Commerce for informational purposes only and do not constitute legal or tax advice. This information is subject to change based on judicial interpretation and legislative action. The application of the information is subject to your unique facts and circumstances. YOU SHOULD NOT ACT UPON ANY INFORMATION CONTAINED IN THESE MATERIALS WITHOUT SEEKING YOUR OWN PROFESSIONAL LEGAL AND TAX ADVICE.