Schedule K-56 - Child Day Care Assistance Credit
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1
2K-56
KANSAS
CHILD DAY CARE ASSISTANCE 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)
PART A – CHILD DAY CARE INFORMATION
1. Location of child day care facility:
5. If you own and operate the facility:
Number & Street __________________________________________
(a) Was the facility established in conjunction with other
‰
‰
No
Yes If yes, how many _______
taxpayers?
City _________________
State _____
Zip Code _____________
(b) 1) Enter the average number of your employees’
2. Enter the Kansas day care license or registration number:
dependents cared for: __________________________
_________________________________________________
2) If response to 5(a) is yes, enter the average number of
3. Is the day care facility (check one):
employees’ dependents cared for from other taxpayers
‰
‰
‰
Paid by you
Located by you
Established & owned by you
listed in 5(a): _________________________________
4. Enter the date you began paying for or providing child day care
3) Enter the average number of non-employees’
services in Kansas at this facility: ___ ___ / ___ ___ / ___ ___
dependents cared for at this facility: _______________
PART B – COMPUTATION OF CREDIT FOR ESTABLISHING AND OPERATING A DAY CARE FACILITY
Complete PART B if you established and operated this child day care facility this tax year.
6. Amount spent in Kansas during this taxable year. Enclose schedule.
6.
_____________
7. Amount received from employees or other sources, if any. Enclose schedule.
7.
_____________
8. Net amount spent (subtract line 7 from line 6; cannot be less than zero).
8.
_____________
50%
9. Credit percentage allowed in initial year.
9.
_____________
10. Amount of credit subject to limitation (multiply line 8 by line 9).
10.
_____________
$45,000
11. Maximum amount of credit allowable in initial year.
11.
_____________
12. Amount of credit allowable for expenditures made this year (line 10 or line 11, whichever is less).
12.
_____________
13. Enter your proportionate share percentage (see instructions).
13.
_____________
14. Your share of the credit for the amount contributed this year (multiply line 12 by line 13).
14.
_____________
If you are filing Form K-120 or Form K-130, enter this amount on the appropriate line of the return.
DO NOT complete lines 15 through 17.
15. Amount of your Kansas tax liability after all credits except this credit. (Form K-40 and K-41filers only.)
15.
_____________
16. Amount of credit this tax year (enter the lesser of line 14 or line 15 here and on the appropriate line
of Form K-40 or Form K-41).
16.
_____________
17. Excess of credit to be refunded (subtract line 16 from line 14 and enter result here and on the
appropriate line of Form K-40 or Form K-41).
17.
_____________
PART C – COMPUTATION OF CREDIT FOR PURCHASING OR LOCATING CHILD DAY CARE SERVICE
Complete PART C if you purchased child day care services, located child day care services for your organization, or for years
subsequent to the initial year, you established and operated this child day care facility.
18. Amount spent in Kansas during this taxable year. Enclose schedule.
18.
_____________
19. Amount received from employees or other sources, if any. Enclose schedule.
19.
_____________
20. Net amount spent (subtract line 19 from line 18; cannot be less than zero).
20.
_____________
30%
21. Credit percentage allowed.
21.
_____________
22. Amount of credit subject to limitation (multiply line 20 by line 21).
22.
_____________
$30,000
23. Maximum amount of credit allowable.
23.
_____________
24. Amount of credit allowable for expenditures made this year (line 22 or line 23, whichever is less).
24.
_____________
25. Enter your ownership percentage. See instructions.
25.
_____________
26. Your share of the credit for the amount contributed this year (multiply line 24 by line 25).
26.
_____________
If you are filing Form K-120 or Form K-130, enter this amount on the appropriate line of the return.
DO NOT complete lines 27 through 29.
27. Amount of your Kansas tax liability for this tax year except this credit. (Form K-40 and K-41 filers only.)
27.
_____________
28. Amount of credit this tax year (enter the lesser of line 26 or line 27 here and on the appropriate line
of Form K-40 or Form K-41).
28.
_____________
29. Excess of credit to be refunded (subtract line 28 from line 26 and enter result here and on the
appropriate line of Form K-40 or Form K-41).
29.
_____________
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