Form 765 - Kentucky Partnership Income And Llet Return

__ __ __ __ __ __

765

Kentucky Corporation/LLET Account Number

*0700020263*

41A765

Department of Revenue

2007

➤ See separate instructions

ENTUCKY

ARTNERSHIP

NCOME

Taxable period

LLET R

AND

ETURN

beginning ______________ , 2007, and ending ______________ , 200___ .

__ __ / __ __

Federal

Taxable Year Ending

__ __ – __ __ __ __ __ __ __

Check applicable box(es):

Identification Number

Mo.

Yr.

LLET

Name of Partnership (Print or type)

State and Date of Organization

Change of name

Receipts Method

Gross Receipts

Principal Business Activity in KY

Gross Profits

Number and Street

Change of address

$175 minimum

NAICS Code Number

Nonfiling Status Code

(Relating to Kentucky Activity)

City

State

ZIP Code

Telephone Number

(See )

Enter Code

_____ _____

Check if applicable:

LLC

LLP

Qualified investment pass-through entity

Income Return

Initial return

Final return (attach explanation)

Amended return

Nonfiling Status Code

Short-period return (attach explanation)

Enter Code

_____ _____

➤ ___________________________

Number of Partners (Attach K-1s)

PART I—ORDINARY INCOME (LOSS) COMPUTATION

PART II—LLET COMPUTATION

1. Federal ordinary income (loss)

1. Schedule LLET, Section D, line 1 ..........

(see instructions) ....................................

2. Recycling/composting equipment

tax credit recapture .................................

ADDITIONS

3. Total (add lines 1 and 2) .........................

2. State taxes ...............................................

4. Nonrefundable LLET credit from

3. Federal depreciation (do not include

Kentucky Schedule(s) K-1 ......................

Section 179 expense deduction) ...........

5. Nonrefundable tax credits (Sch. TCS) ..

4. Related party expenses ..........................

6. LLET liability (greater of line 3 less

5. Other (attach schedule) ..........................

lines 4 and 5 or $175 minimum) ...........

6. Total (add lines 1 through 5) .................

7. Estimated tax payments .........................

8. Extension payment .................................

SUBTRACTIONS

9. Prior year’s tax credit .............................

7. Federal work opportunity credit ............

10. LLET due (line 6 less lines 7 through 9)

8. Kentucky depreciation (do not include

11. LLET overpayment (lines 7 through 9

Section 179 expense deduction) ...........

less line 6) ...............................................

9. Other (attach schedule) ..........................

12. Credited to 2008 LLET ............................

10. Kentucky ordinary income (loss)

(line 6 less lines 7 through 9) ................

13. Amount to be refunded .........................

➤ ➤ ➤ ➤ ➤ Federal Form 1065, all pages, and any

TAX PAYMENT SUMMARY

supporting schedules must be attached.

(Round to nearest dollar)

LLET

Make check payable to:

LLET due (Part II, line 10)

Kentucky State Treasurer

$_____________________________

Penalty

$_____________________________

Mail return with payment to:

Kentucky Department of Revenue

Interest

$_____________________________

Frankfort, Kentucky 40620

Total Payment

$_____________________________

Form 765 - Kentucky Partnership Income And Llet Return - 2007

Related Articles

Related forms

Related Categories