8903-K - Kentucky Department Of Revenue printable pdf download

8903-K

*0800020210*

2008

41A720-S9 (10-08)

Commonwealth of Kentucky

KENTUCKY

DEPARTMENT OF REVENUE

➤ Attach to your tax return.

➤ See separate instructions.

OMESTIC

RODUCTION

CTIVITIES

EDUCTION

Enter name of Corporation

Kentucky Corporation/LLET

Account Number

Expanded Affiliated Group (EAG) Member–Skip lines 1 through 6

1. Domestic production gross receipts (DPGR) .............................................................................................

2. Allocable cost of goods sold ..............................................................................

3. Deductions and losses allocable to DPGR (see instructions) ..........................

4. Cost of goods sold and other deductions or losses ratably

apportioned to DPGR (see instructions) ...........................................................

5. Add lines 2 through 4 ..................................................................................................................................

6. Subtract line 5 from line 1 ..........................................................................................................................

7. Qualified production activities income from partnerships filed on Form 765 or 765-GP ......................

8. EAG: Member’s Kentucky QPAI (see instructions) ....................................................................................

9. Qualified production activities income. Add lines 6 through 8. If zero or less, enter -0- here,

skip lines 10 through 18 and enter -0- on line 19 ......................................................................................

10. Apportionment factor .................................................................................................................................. 10

11. Apportioned qualified production activities income (line 9 multiplied by line 10) ................................ 11

12. Income limitation (see instructions):

•

Enter your Kentucky taxable income after Kentucky NOLD figured without the

domestic production activities deduction .......................................................................................... 12

13. Enter the smaller of line 11 or line 12. If zero or less, enter -0- here, skip lines 14 through 18,

and enter -0- on line 19 ............................................................................................................................... 13

14. Enter 6% of line 13 ....................................................................................................................................... 14

15. Form W-2 wages (see instructions) ............................................................................................................ 15

16. Form W-2 wages from pass-through entities ............................................................................................ 16

17. Add lines 15 and 16 ..................................................................................................................................... 17

18. Form W-2 wage limitation. Enter 50% of line 17 ....................................................................................... 18

19. Enter the smaller of line 14 or line 18 ........................................................................................................ 19

20. Domestic production activities deduction from cooperatives. Enter deduction from

Form 1099-PATR, box 6 multiplied by cooperative’s apportionment factor ........................................... 20

21. Domestic production activities deduction. Combine lines 19 and 20. Enter here and on

Form 720, Part II, line 22 .............................................................................................................................. 21

A cooperative must reduce the amount it enters on its return by the total deduction

passed through to its patrons.

8903-K - Kentucky Department Of Revenue

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