Form 720x - Amended Kentucky Corporation Income Tax And Corporation License Tax Return

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__ __ __ __ __ __
720X
*1100020204*
Kentucky Account Number
41A720-S1 (10-11)
A
K
Commonwealth of Kentucky
MENDED
ENTUCKY
DEPARTMENT OF REVENUE
C
I
T
ORPORATION
NCOME
AX
To be used for tax periods
A
C
L
T
R
ND
ORPORATION
ICENSE
AX
ETURN
beginning prior to January 1, 2005.
Taxable Year Ended
Name of Corporation
__ __
__ __
/
Mo.
Yr.
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 III to explain any changes.
NOTE: Use Form 720X to correct Form 720. A corporation taxable both within and without Kentucky must complete lines 1 through
9. A 100% Kentucky corporation must complete line 1 and enter the line 1 amount on line 7, omitting lines 2 through 6.
B. Net Change—
A. As Previously
PART I—INCOME TAX
Increase or (Decrease) C. Corrected Amount
Reported
(explain in Part III)
1. Net income before NOL deduction (NOLD) ................................... 1
00
2. Nonbusiness income (net) .............................................................. 2
00
3. Total business income (line 1 less line 2) ....................................... 3
00
4. Apportionment factor (percent carried to four decimal places) ...
4
%
%
%
5. Kentucky business income (line 3 multiplied by line 4) ................ 5
00
6. Kentucky nonbusiness income (net) .............................................. 6
00
7. Taxable net income before NOLD (line 5 plus line 6, or line 1) .... 7
00
8. Kentucky NOLD (attach schedule) ................................................... 8
00
9. Taxable net income after NOLD (line 7 less line 8) ........................ 9
00
10. Total income tax (see instructions) ................................................. 10
00
11. Enter credits (see instructions) ....................................................... 11
00
12. Amended income tax liability. Subtract line 11 from line 10. (If line 11 exceeds line 10, enter 0) ......................... 12
00
13. Income tax previously paid ......................................................................................................................................... 13
00
14. Income tax due (If line 12 exceeds line 13, enter difference as INCOME TAX DUE) ............................................... 14
00
15. Income tax refund (If line 13 exceeds line 12, enter difference as INCOME TAX REFUND) ................................... 15
00
B. Net Change—
A. As Previously
PART II—LICENSE TAX
Increase or (Decrease) C. Corrected Amount
Reported
(explain in Part III)
1. Total capital employed ...........................................................................
1
00
%
%
%
2. Apportionment factor (wholly KY corporations enter 100%) ..............
2
3. Capital subject to license tax (line 1 multiplied by line 2) ...................
3
00
4. Total license tax before credit ................................................................
4
00
5. License tax credit (maximum $490) (see instructions) ........................
5
00
6. License tax (line 4 less line 5) (minimum $30) .....................................
6
00
7.
Enter other credits (see instructions) ....................................................
7
00
8. Amended license tax liability. Subtract line 7 from line 6. (If line 7 exceeds line 6, enter 0) ............................................
8
00
9. License tax previously paid ....................................................................................................................................................
9
00
10. License tax due (If line 8 exceeds line 9, enter difference as LICENSE TAX DUE) ............................................................. 10
00
11.
License tax refund (If line 9 exceeds line 8, enter difference as LICENSE TAX REFUND) .................................................. 11
00
1. Income Tax $
3. Penalty $
TAX PAYMENT
SUMMARY
2. License Tax $
4. Interest $
5. TOTAL $
I, the undersigned, declare under the penalties of perjury, that I have examined this return, including all
May the DOR discuss this
accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct and
return with the preparer?
complete.
Yes
No
Signature of principal officer or chief accounting officer
Date
Email Address:
Telephone Number:
Name of person or firm preparing return
SSN, PTIN or FEIN

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