Frequently Asked Questions
What are the different severance tax returns and their due dates?
| Tax Return | Due Date |
|---|---|
| Severance Oil (O-1D, O-3, and O-5) | 25th day of the second month following the taxable period. |
| Severance Gas (G-1D, G-3, and G-5) | 25th day of the second month following the taxable period. |
| Timber - Parish Summary Return (T-1S) | Last day of the month following the taxable period. |
| Minerals - Parish Summary Return (M-1S) | Last day of the month following the taxable period. |
| Oilfield Site Restoration Fee Return – Oil and Condensate Production | 25th day of the second month following the taxable quarter. |
| Oilfield Site Restoration Fee Return – Natural Gas Production | 25th day of the second month following the taxable quarter. |