Form 720es - Corporation Income/limited Liability Entity Tax Estimated Tax Worksheet - 2016 Page 2
ADVERTISEMENT
1
2Page 2
41A720ES(I) (06-16)
Commonwealth of Kentucky
DEPARTMENT OF REVENUE
CORPORATION INCOME/LIMITED LIABILITY ENTITY TAX ESTIMATED TAX WORKSHEET
(Keep For Your Records)
Column A
Column B
TAX YEAR _______
Corporation
LLET
Income Tax
1.
Estimated Kentucky tax ............................................................................... $________________ $ ________________
2. Statutory credits * ......................................................................................... $________________ $ ________________
3. Subtract line 2 from line 1 ............................................................................ $________________ $ ________________
5,000
4. Statutory exemption ..................................................................................... $________________
________________
5. LLET estimated tax: Subtract Column A, line 4 from Column A, line 3 .... $________________
________________
6. If line 5 is negative, enter as positive (not greater than $5,000) ............... ________________ $ ________________
7.
LLET credit (Enter Column A, line 3 less $175) ........................................... ________________ $ ________________
8. Corporation estimated tax: Subtract Column B, lines 6 and 7 from line 3 ... ________________ $ ________________
* Economic development tax credits, farming operation networking tax credit, certified rehabilitation tax credit, unemployment tax credit,
recycling/composting equipment tax credit, coal conversion tax credit, enterprise zone tax credit, Kentucky investment fund tax credit, coal
incentive tax credit, qualified research facility tax credit, GED incentive tax credit, voluntary environmental remediation tax credit, biodiesel
tax credit, environmental stewardship tax credit, clean coal incentive tax credit, ethanol tax credit, cellulosic ethanol tax credit, railroad
maintenance and improvement tax credit, railroad expansion tax credit, ENDOW Kentucky tax credit, new markets development program
tax credit, food donation tax credit and distilled spirits tax credit.
RECORD OF ESTIMATED TAX PAYMENTS SCHEDULE
Col. A
Col. B
Col. C
Col. D
Col. E
50%
25%
Amount to be paid.
Overpayment credit
Installment
Payment
of amount
of amount
(Col. B or C less Col. D)
from previous return.
Number
Date
from line 5A
from line 5A
(Enter here and
Subtract from
and line 8B above.
and line 8B above.
on voucher.)
Col. B or Col. C.**
A
A
A
A–LLET
1
B
B
B
B–Corporation
A
A
A
A–LLET
2
B
B
B
B–Corporation
A
A
A
A–LLET
3
B
B
B
B–Corporation
A
A
A
A
Total
B
B
B
B
** If amount credited exceeds amount of installment, enter excess in Column D of next line.
AMENDED COMPUTATION SCHEDULE
(A)
(B)
Corporation
Use if estimated tax changes are made after the first payment.
LLET
Income Tax
1.
Enter amended estimated tax ...................................................................... ________________ __________________
2. (a) Amount of any overpayment credited and/or applicable tax credits .. ________________ __________________
(b) Payments of estimated tax for current year ......................................... ________________ __________________
(c) Total of lines 2(a) and 2(b) ...................................................................... ________________ __________________
3. Unpaid balance (line 1 less line 2(c)) ........................................................... ________________ __________________
(see instructions for: If Income or LLET Changes)
ADVERTISEMENT
0 votes
Related Articles
Related forms
Form 720-es - Kentucky Estimated Tax Voucher - Corporation Income/limited Liability Entity Tax - 2016
Financial
Form 720-es Draft - Corporation Income/limited Liability Entity Tax/estimated Tax Worksheet - 2010
Financial
Form 720-es - Corporation Income/limited Liability Entity Tax Estimated Tax Voucher - 2014
Financial
Related Categories
Parent category: Financial