Form 720xx - Amended Kentucky Corporation Income Tax Return
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1
2720XX
*0600010206*
Taxable Year Ended
__ __ / __ __
41A720XX (10-06)
Mo.
Yr.
Department of Revenue
A
K
To be used for tax periods
MENDED
ENTUCKY
C
I
T
R
beginning on or after January 1, 2005.
ORPORATION
NCOME
AX
ETURN
Name of Corporation or Affiliated Group
Kentucky Corporation Account No.
_ _ _ _ _ _
Number and Street
Check if
Federal Identification No.
reporting
_ _
_ _ _ _ _ _ _
—
federal audit
City
State
ZIP Code
Telephone Number
adjustments.
NAICS Code No.
State and Date of Incorporation
Principal Business Activity in Kentucky
➤ Fill in applicable items and use Part IV to explain any changes.
NOTE: Use Form 720XX to correct Form 720. A corporation taxable both within and without Kentucky must complete lines 1 through 10.
A 100% Kentucky corporation must complete lines 1, 2 and 3, and enter the amount from line 3 on line 9, omitting lines 4 through 8.
B. Net Change—
A. As Previously
Increase or (Decrease) C. Corrected Amount
PART I—INCOME TAX
Reported
(explain in Part IV)
1. Net income before current net operating loss adjustment .........
1
2. Current net operating loss adjustment .........................................
2
3. Net income after current net operating loss adjustment
(line 1 plus or minus line 2) (see instructions) .............................
3
4. Nonbusiness income (net) ..............................................................
4
5. Total business income (line 3 less line 4) .....................................
5
6. Apportionment factor .....................................................................
6
7. Kentucky business income (line 5 multiplied by line 6) ..............
7
8. Kentucky nonbusiness income (net) .............................................
8
9. Taxable net income before NOLD (line 7 plus line 8, or line 3) ..
9
10. Kentucky NOLD (attach schedule) ................................................. 10
11. Taxable net income after NOLD (line 9 less line 10) .................... 11
12. Total income tax (see instructions) ............................................... 12
PART II—ALTERNATIVE MINIMUM (AMC)
Gross receipts
1. Kentucky gross receipts ..................................................................
1
2. Total tax (line 1 multiplied by .00095) ...........................................
2
Gross profits
3. Kentucky gross receipts ..................................................................
3
4. Kentucky returns and allowances ..................................................
4
5. Kentucky cost of goods sold ..........................................................
5
6. Gross profit (subtract lines 4 and 5 from line 3) ..........................
6
7. Total tax (line 6 multiplied by .0075) .............................................
7
TAX PAYMENT SUMMARY
TAX (check applicable box)
Income
AMC Gross Receipts
Tax ...............
AMC Gross Profits
Minimum $175
Penalty .........
Interest ........
TOTAL (Including Penalty and Interest) ........
I, the undersigned, declare under the penalties of perjury, that I have examined this return, including all accompanying schedules and statements, and
to the best of my knowledge and belief, they are true, correct and complete.
✍
Signature of principal officer or chief accounting officer
Date
Name and Social Security or federal identification number of person or firm preparing return
Make check payable to Kentucky State Treasurer.
Mail return with payment to Kentucky Department of Revenue, Frankfort, Kentucky 40620.
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