Schedule K-60 - Community Service Contribution Credit printable pdf download

K-60

–

KANSAS

COMMUNITY SERVICE CONTRIBUTION CREDIT

(Rev. 8/11)

For the taxable year beginning _________________ , 20____ ; ending _________________ , 20____ .

Name of taxpayer (as shown on return)

Social Security Number or Employer ID Number (EIN)

If partner, shareholder or member, enter name of partnership, S corporation, LLC or LLP

Employer ID Number (EIN)

Type of Taxpayer (check one):

Authorized Credit Percentage:

‰

Corporation, Form K-120

Individual, Form K-40

50%

‰

Partnership or S Corporation, Form K-120S

Fiduciary, Form K-41

70%

‰

Bank, Trust Company or Savings

and Loan, Form K-130

CERTIFICATE NUMBER: ___________________________

IMPORTANT: Complete a separate Schedule K-60 for each community service organization contributed to this taxable year.

Contributions were made to: ___________________________________________________________________________________

Community Service Organization Name

__________________________________________________________________________________________________________

Street, PO Box, or RR

City

State

Zip Code

PART A

COMPUTATION OF CREDIT AVAILABLE FOR THIS YEAR’S CONTRIBUTION

1. Total contributions made to the approved community service organization this tax year.

1. _________________

2. Enter your proportionate share percentage (see instructions).

2. _________________

3. Your share of contributions (multiply line 1 by line 2; see instructions). Enter this amount on the

applicable line of your return for addition modifications.

3. _________________

50% or 70%

4. Authorized credit percentage (see instructions for appropriate percentage).

4. _________________

5. Your share of the credit for the contributions made this year (multiply line 3 by line 4).

5. _________________

PART B – COMPUTATION OF THIS YEAR’S CREDIT

6. Total amount of carry forward available on this return (enter amount of available carry forward from

the prior year’s Schedule K-60).

6. _________________

7. Total credit available this tax year (add lines 5 and 6).

7. _________________

Important: If you are filing Forms K-120 or K-130 and are claiming this credit subject to refund (see

instructions for Parts C and D), stop here and enter this amount on the appropriate line of your return.

Form K-120 and K-130 filers generally will not complete lines 8-11 unless claiming an assigned credit

or a credit for contributions made prior to 12/31/97.

8. Amount of your total tax liability for this tax year after all credits other than this credit (see instructions).

8. _________________

9. Amount of credit this tax year (enter the lesser of lines 7 or 8 here and on the appropriate line of

your return).

9. _________________

If line 9 is less than line 7, complete PART C or PART D.

PART C – COMPUTATION OF REFUNDABLE PORTION OF CREDIT (see instructions)

10. Excess credit to be refunded (subtract line 9 from line 7 and enter the result here and on the refundable

credit line of your return).

10.

_______________

PART D – COMPUTATION OF CREDIT CARRY FORWARD

(Only for those taxpayers claiming an assigned credit)

11. Amount of excess credit available to carry forward to next year’s return (subtract line 9 from line 7).

Enter this amount on line 6 of next year’s Schedule K-60.

11.

_______________

Schedule K-60 - Community Service Contribution Credit

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