Schedule K-56 - Child Day Care Assistance Credit (Page 2 of 2) in pdf

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INSTRUCTIONS FOR SCHEDULE K-56

SPECIFIC LINE INSTRUCTIONS

GENERAL INFORMATION

Complete a separate Schedule K-56 for each child day

K.S.A. 79-32,190 provides an income or privilege tax credit

care facility in Kansas.

if, during the taxable year, the taxpayer:

PART A —CHILD DAY CARE INFORMATION

• pays for child day care services for its employees, OR

LINES 1 through 5: Complete all applicable lines. This

• locates child day care services for its employees, OR

information determines the amount of your credit. In

• provides facilities and necessary equipment for child

answering 5(b), use an average number as of the last

day care services to its employees.

day of each month in the taxable year.

In order to receive a credit or refund, the child day care

Keep a copy of the following information with your

facility or provider must be licensed or registered pursuant

records as KDOR (Kansas Department of Revenue)

to Kansas law.

reserves the right to request it at a later date:

The amount of credit is based on the amount spent by the

• A list of names and addresses for the number of

taxpayer LESS any contribution from its employees or any

taxpayers reported on line 5(a).

other source(s). Any approved credit that exceeds the

• A schedule supporting the average number of employees

taxpayer’s tax liability for the tax year will be refunded.

reported on line 5(b).

The amount of allowable credit is as follows:

PART B COMPUTATION OF CREDIT FOR ESTABLISHING

AND OPERATING A DAY CARE FACILITY

TAXPAYER PROVIDES FACILITIES AND NECESSARY

EQUIPMENT FOR CHILD DAY CARE SERVICES (INITIAL

LINES 6 through 17: Complete lines 6 through 17 if you

. Fifty percent (50%) of the net amount spent by the

established and operated a child day care facility this

YEAR)

taxable year.

taxpayer or by the taxpayer in conjunction with other

taxpayers during the initial tax year in which a facility

Partnerships and S Corporations

providing child day care services is established and operated

by those taxpayers in Kansas for use primarily by the

Partners, shareholders or members: Enter on line 13 the

dependent children of the taxpayer’s employees. The

percentage that represents your proportionate share in the

amount of credit in the initial year may not exceed $45,000

partnership, S corporation, LLC or LLP. All other taxpayers:

Enter 100%

for any taxpayer. (Complete lines 6 through 15 or 17, as

applicable.)

PART C COMPUTATION OF CREDIT FOR PURCHASING

OR LOCATING CHILD DAY CARE SERVICE

TAXPAYER PAYS FOR OR LOCATES CHILD DAY CARE

. Thirty percent (30%) of the net amount spent by

SERVICES

LINES 18 through 29: Complete lines 18 through 29 if you

the taxpayer during the tax year for child day care services

purchased or located child day care services for your

purchased in Kansas to provide care for the dependent

employees, or established and operated this child day

children of the taxpayer’s employees or for the service of

care facility in a year prior to this taxable year.

locating child day care services for the taxpayer’s employees.

Partnerships and S Corporations

The credit may not exceed $30,000 for any taxpayer during

any taxable year. (Complete lines 18 through 27 or 29, as

Partners, shareholders or members: Enter on line 25 the

applicable for your type of return.)

percentage that represents your proportionate share in the

partnership, S corporation, LLC or LLP. All other taxpayers:

Enter 100%

TAXPAYER PROVIDES THE FACILITY AND NECESSARY

EQUIPMENT

FOR

CHILD

DAY

CARE

SERVICES

TAXPAYER ASSISTANCE

. Thirty percent (30%) of the net

(SUBSEQUENT YEARS)

For assistance in completing this schedule contact KDOR:

amount spent by the taxpayer or by the taxpayer in

conjunction with other taxpayers during the years

Tax Operations

subsequent to the initial year in which a facility providing

Docking State Office Building, 1st fl.

child day care services was established and operated by

915 SW Harrison St.

those taxpayers in Kansas for use primarily by the dependent

Topeka, KS 66625-2007

children of the taxpayer’s employees. The credit in the years

subsequent to the initial year may not exceed $30,000 for

Phone:(785) 368-8222

any taxpayer during any taxable year. (Complete lines 18

Fax: (785) 291-3614

through 27 or 29, as applicable for your type of return.)

Web site:

Schedule K-56 - Child Day Care Assistance Credit Page 2

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