Looking for a Kentucky Income Tax Forms And Templates? Download it for free!

Instructions for Form 8879-K, continued

• Estimate tax debit amount: enter the

account cannot be different from that

When an error is corrected after the

of the direct deposit or direct debit of

amount of each payment that will be

taxpayer has signed Form 8879-K, and

tax amount due transaction. Actual

debited from your account. You can

the corrected Kentucky taxable income

withdrawal of the funds may be later

choose one to four equal payments

varies more than $50, or the corrected

than the scheduled date, but will be

depending upon the debit dates

refund or balance due varies more

considered timely.

selected.

than $14, a new Form 8879-K must be

completed for taxpayer signature.

Line 6—The routing transit number must

• Debit date: select each date on which

be nine digits and begin with 01 through

PART IV—Declaration and Signature of

you want the estimate tax payment

12 or 21 through 32.

ERO and Paid Preparer

amount debited from your account.

Up to four equal payments may be

Line 7—The depositor account number

selected by choosing the appropriate

This section must be completed and

can be up to 17 characters (both numbers

boxes.

signed by the ERO.

and letters). Include hyphens but omit

spaces and special characters. If fewer

If the ERO is also the paid preparer, the

Line 10—Due to federal electronic

than 17 characters, enter the numbers

banking regulations, you must answer

ERO must check the paid preparer box,

from left to right and leave the unused

the following questions if you are

but is not required to complete or sign

boxes blank.

requesting a direct deposit of your

the Paid Preparer Section.

refund or are paying the amount you

Note: Taxpayers should use a check,

owe via direct debit. If you are requesting

A paid preparer who is not the ERO

form, report or other statement generated

a direct deposit of your refund, answer

must complete, sign and date the Paid

by their financial institution to verify the

question 10a. If you are paying the

Preparer Declaration.

routing transit number and depositor

amount you owe on your return via direct

account number. Do not use a deposit

debit, answer questions 10b.

If the ERO cannot obtain the paid

slip as it may contain internal routing

preparer’s signature on Form 8879-K,

numbers. If there is any doubt about

Part III—Declaration of Taxpayer

a copy of the tax return with the paid

the correct routing transit number,

preparer’s signature should be attached

the taxpayer should ask the financial

to the 8879-K.

An electronically transmitted return will

institution for the routing transit number

not be considered true, accurate and

to use for direct deposit (Electronic

Refund Information—You may check

complete unless Form 8879-K is signed

Funds Transfer).

the status of your refund online at

by the taxpayer(s) prior to transmitting

or by calling our

the electronic return.

Line 8—Select the appropriate box to

automated line at (502) 564-1600. These

indicate the type of account for Direct

systems are available 24 hours, 7 days a

The taxpayer must sign and date Form

Deposit or Direct Debit.

week.

8879-K after it has been completed to

verify that the information is correct

Line 9—

and that the taxpayer agrees with

the information on the completed tax

• Tax due debit amount: enter the

return.

amount you owe from 8879-K, Part

1, line 5.

EROs and tax preparers are prohibited

• Debit date: enter the date to have

from obtaining taxpayer signatures on

payment debited from your account.

blank or incomplete forms.

Form 8879-K Draft - Kentucky Individual Income Tax Declaration For Electronic Filing - 2013 Page 3

Related Articles

Related forms

Related Categories