Form K-45 - Application For Carry Back Of Net Operating Loss Refund

SCHEDULE IV

KANSAS ALLOCATION SCHEDULE

Complete this schedule only if any one of the years involved was filed with a different filing status than any other year. You

must complete this schedule for EACH YEAR that an allocation is necessary (see instructions).

Joint

Taxpayer

Spouses

Year:________

Income

(K)

(L)

(M)

33. Wages, salaries, tips, etc

34. Interest taxable to Kansas

35. Dividends less exclusion

36. Business income

37. Taxable capital gains and losses

38. Rents, royalties and partnerships

39. Farm income

40. Other income (include any net operating losses from prior years)

41. Total income (add lines 33 through 40)

42. Less standard or itemized deductions

43. Less federal tax

44. Less exemptions

45. Taxable income (line 41 minus lines 42, 43 & 44). Enter this amount in the

appropriate year’s column on line 1, Schedule I or II. Do not complete lines 46

through 54 unless you are on step 3, see instructions.

46. Tax on joint filing status

47. Tax on married filing separate status

48. Total of taxpayer’s and former spouse’s tax (add amounts on line 47,

Columns L & M)

49. Subtract net operating loss from taxpayer’s taxable income (line 45,

Column L, minus line 8, Schedule I). Cannot be less than zero.

50. Enter the total of lines 49 and 45, Column L

51. Determine tax on income shown on line 50 using married filing joint rates

52. Divide line 47, Column L, by line 48

53. Taxpayer’s recomputed share of joint liability (multiply line 51 by line 52)

54. Amount of tax actually paid by each spouse (withholdings, estimate payments,

remittances, etc.)

55. Taxpayer’s portion of decrease in tax (subtract line 53 from line 54)

SCHEDULE IV: This schedule is used when there is a change in martial status between year of the loss and any of the years to which the

loss is to be carried. The NOL of one spouse normally cannot be applied to the income of the other spouse; therefore, it is necessary to

determine what portion of the jointly filed return applies to the spouse who sustained the loss. There are two situations, which are

exceptions to the rule.

Situation 1 ⎯ The taxpayer was married in the loss year, one spouse had NOL but the other spouse did not, and the prior years were filed

on a single or married filing separate basis. In this situation, the spouse who had no NOL may file jointly with the spouse who had a NOL,

but the loss can only be carried back to the income of the spouse who sustained the loss. In this situation, you should complete lines 33

through 45 to verify that both spouses do have a loss.

Situation 2 ⎯ ⎯ ⎯ ⎯ A joint return is filed with the same spouse on both the loss year and all the years to which the loss is carried. In this situation

do not complete Schedule IV.

Form K-45 - Application For Carry Back Of Net Operating Loss Refund - 2010 Page 3

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