Form Crf - Net Operating Loss Carry Forward Form (Page 4 of 4) in pdf

the difference on line 16c. Column D – If the loss

When Schedule III is used for the year to which a loss

exceeds modified taxable income, show the difference

is carried, the information shown in Column M will be used

on line 16d.

to complete Schedule II of Form CRF to determine the

income absorbed and the amount of remaining loss. The

Continue these line instructions for each column until

Kansas loss to be claimed on Schedule S, Part A, Line

the net operating loss is completely used or until it is

A11, cannot exceed the net income for the spouse who

carried forward 10 taxable years, whichever occurs first.

sustained the loss since the loss of one spouse cannot

SCHEDULE III – KANSAS ALLOCATION SCHEDULE

be applied to the income of the other spouse.

To avoid a delay in processing or denial of the loss,

This schedule is used when there is a change in marital

enclose the following with your Kansas Individual Income

status between the year of the loss and any of the years

Tax Return, Form K-40.

to which the loss is to be carried. The net operating loss

of one spouse cannot be applied to the income of the

• The completed CRF form. (You must submit a

other spouse; therefore, it is necessary to determine what

separate CRF for each loss year the net

portion of the jointly filed return applies to the spouse

operating loss carry forward is applied.)

who sustained the loss.

• A copy of Federal Form 1045, Application for

Column L – Joint Income

Tentative Refund.

Lines 17 through 37: Enter the information requested

which is obtained from the joint federal and Kansas

• A copy of Federal Schedule A, Itemized Deductions

income tax returns.

and Interest and Dividend Income.

Column M – Taxpayer SSN and Income

TAXPAYER ASSISTANCE

Lines 17 through 37: Enter the Social Security Number

and the income, adjustments and deductions for the

For assistance in completing Form CRF, contact

taxpayer who is claiming the loss carry forward.

taxpayer assistance:

Column N – Spouse SSN and Income

Kansas Department of Revenue

Lines 17 through 37: Enter the Social Security Number

Docking State Office Building, 1

Floor

and the income, adjustments and deductions for the

915 SW Harrison St.

spouse.

Topeka, KS 66625-2007

If Schedule III is used for the loss year and both spouses

Phone: (785) 368-8222

sustained a loss, the information in Column M will need

Fax: (785) 291-3614

to be carried to Schedule I of Form CRF to calculate the

loss. However, if only one spouse sustained the loss, while

Additional copies of this credit schedule and other tax

the other spouse had income, use the information in

forms are available from our web site at:

Column L to calculate the loss on Schedule I.

Form Crf - Net Operating Loss Carry Forward Form Page 4

Related Articles

Related forms

Related Categories