Form K-56 - Kansas Child Day Care Assistance Credit 2009
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1K-56
KANSAS
CHILD DAY CARE ASSISTANCE CREDIT
(Rev. 9/09)
For the taxable year beginning _________________ , 20____ ; ending _________________ , 20____ .
Name of taxpayer (as shown on return)
Social Security Number or Employer ID Number (EIN)
If partner, shareholder or member, enter name of partnership, S corporation, LLC or LLP
Employer ID Number (EIN)
PART A – CHILD DAY CARE INFORMATION
1. Location of child day care facility:
5. If you own and operate the facility:
Number & Street __________________________________________
(a) Was the facility established in conjunction with other
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No
Yes If yes, how many _______
taxpayers?
City _________________
State _____
Zip Code _____________
(b) 1) Enter the average number of your employees’
2. Enter the Kansas day care license or registration number:
dependents cared for: __________________________
_________________________________________________
2) If the answer to 5(a) is yes, enter the average number
3. Is the day care facility (check one):
of employees’ dependents cared for from other taxpayers
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Paid by you
Located by you
Established & owned by you
listed in 5(a): _________________________________
4. Enter the date you began paying for or providing child day care
3) Enter the average number of non-employees’
services in Kansas at this facility: ___ ___ / ___ ___ / ___ ___
dependents cared for at this facility: _______________
PART B – COMPUTATION OF CREDIT FOR ESTABLISHING AND OPERATING A DAY CARE FACILITY
Complete PART B if you established and operated this child day care facility this tax year.
6. Amount spent in Kansas during this taxable year. Enclose schedule.
6.
_____________
7. Amount received from employees or other sources, if any. Enclose schedule.
7.
_____________
8. Net amount spent. Subtract line 7 from line 6. This amount cannot be less than zero.
8.
_____________
50%
9. Credit percentage allowed in initial year.
9.
_____________
10. Amount of credit subject to limitation. Multiply line 8 by line 9.
10.
_____________
$45,000
11. Maximum amount of credit allowable in initial year.
11.
_____________
12. Amount of credit allowable for expenditures made this year. Line 10 or line 11, whichever is less.
12.
_____________
13. Enter your proportionate share percentage. See instructions.
13.
_____________
14a. Your share of the credit for the amount contributed this year. Multiply line 12 by line 13 and enter
result: _____________. Multiply the amount on line 14a by 90% (.90) and enter on line 14b.
14b.
_____________
If you are filing Form K-120, enter the amount on line 14b in Part I of K-120. If you are filing Form K-130,
enter this amount on the appropriate line of K-130. DO NOT complete lines 15a through 17 of this schedule.
15a. Amount of your Kansas tax liability for this tax year to be applied against this credit (Form K-40 and K-41
filers only):______________. Multiply amount on line 15a by 90% (.90) and enter result on line 15b.
15b.
_____________
16. Amount of credit this tax year. Line 14b or line 15b, whichever is less. Enter here and on appropriate
line of Form K-40 or Form K-41.
16.
_____________
17. Excess of credit to be refunded. Subtract line 16 from line 14b. Enter here and on appropriate line
of Form K-40 or Form K-41.
17.
_____________
PART C – COMPUTATION OF CREDIT FOR PURCHASING OR LOCATING CHILD DAY CARE SERVICE
Complete PART C if you purchased child day care services, located child day care services for your organization, or for years
subsequent to the initial year, you established and operated this child day care facility.
18. Amount spent in Kansas during this taxable year. Enclose schedule.
18.
_____________
19. Amount received from employees or other sources, if any. Enclose schedule.
19.
_____________
20. Net amount spent. Subtract line 19 from line 18. This amount cannot be less than zero.
20.
_____________
21. Credit percentage allowed.
21.
_____________
30%
22. Amount of credit subject to limitation. Multiply line 20 by line 21.
22.
_____________
23. Maximum amount of credit allowable.
23.
_____________
$30,000
24. Amount of credit allowable for expenditures made this year. Line 22 or line 23, whichever is less.
24.
_____________
25. Enter your ownership percentage. See instructions.
25.
_____________
26a. Your share of the credit for the amount contributed this year. M ultiply line 24 by line 25and enter
result: ______________. Multiply the amount on line 26a by 90% (.90) and enter on line 26b.
26b. _____________
If you are filing Form K-120, enter the amount on line 26b in Part I of K-120. If you are filing Form K-130,
enter this amount on the appropriate line of K-130. DO NOT complete lines 27a through 29 of this schedule.
27a. Amount of your Kansas tax liability for this tax year to be applied against this credit (Form K-40 and K-41
filers only): ______________. Multiply amount on line 27a by 90% (.90) and enter result on line 27b.
27b. _____________
28. Amount of credit this tax year. Line 26b or line 27b, whichever is less. Enter here and on appropriate
line of Form K-40 or Form K-41.
28.
_____________
29. Excess of credit to be refunded. Subtract line 28 from line 26b. Enter here and on the appropriate line
of Form K-40 or Form K-41.
29.
_____________
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