Instructions 2012 Kentucky Corporation Income Tax And Llet Return

LLET Nonfiling Status Code—Return Not Required

Income Tax Nonfiling Status Code—Return Not Required

If the corporation is not required to file an LLET return, enter

If the corporation is not required to file a Kentucky corporation

one of the following two–digit codes in the space provided.

income tax return, enter the following two–digit code in the

Failure to include a valid code will delay the processing of the

space provided. Failure to include a valid code will delay the

tax return and may result in a tax notice for assessment of taxes

processing of the tax return and may result in a tax notice for

and penalties.

assessment of taxes and penalties.

REASON

CODE

REASON

CODE

A public service corporation subject to tax under

KRS 136.120.

This return contains only the LLET as the

corporation is exempt from income tax as

An open–end registered investment company

provided by Public Law 86-272.

organized under the laws of this state and

registered under the Investment Company Act of

1940.

Item D—Enter the corporation's Federal Identification Number.

A property or facility which has been certified as a

fluidized bed energy production facility as defined

See federal Publication 583 if the corporation has not obtained

in KRS 211.390.

this number.

An alcohol production facility as defined in KRS

Name and Address—Print or type the corporation’s name as

247.910.

set forth in the charter. For the address, include the suite, room

A real estate investment trust as defined in Section

or other unit number after the street address. If the U.S. Postal

856 of the Internal Revenue Code.

Service does not deliver mail to the street address and the

corporation has a P.O. Box, show the box number instead of the

A captive real estate investment trust as defined

street address.

in KRS 141.010(29).

Telephone Number—Enter the business telephone number of the

A regulated investment company as defined in

Section 851 of the Internal Revenue Code.

principal officer or chief accounting officer signing this return.

A real estate mortgage investment conduit as

North American Industrial Classification System (NAICS)—Enter

defined in Section 860D of the Internal Revenue

your six–digit NAICS code. To view a complete listing of

Code.

NAICS codes, visit the United States Census Bureau at

A personal service corporation as defined in

Section 269A(b)(1) of the Internal Revenue Code.

Item E—Enter the name and Kentucky Corporation/LLET Account

A cooperative described in Sections 521 and

Number of the common parent, if different than the corporation

1381 of the Internal Revenue Code, including

listed in Section D.

farmers' agricultural and other cooperatives

organized or recognized under KRS Chapter 272,

Item F—Check the applicable boxes:

advertising cooperatives, purchasing cooperatives,

homeowners associations including those

(a) Initial Return—This is the corporation’s first Kentucky tax

described in Section 528 of the Internal Revenue

return filed. Complete questions 1, 2 and 3 on Schedule

Code, political organizations as defined in Section

Q—Kentucky Corporation/LLET Questionnaire.

527 of the Internal Revenue Code, and rural electric

and rural telephone cooperatives.

(b) Final Return—This is the corporation’s final Kentucky tax

return. Provide an explanation in Part IV—Explanation of

Item C—Check the box to indicate whether the corporation is

Final Return and/or Short–Period Return.

filing a separate return or a mandatory nexus consolidated

return.

one year and not an initial return or a final return. Provide

Separate Return—A corporation shall file a separate return

an explanation in Part IV—Explanation of Final Return and/

unless it is an includible corporation in an affiliate group as

or Short–Period Return.

provided by KRS 141.200(11). KRS 141.200(10)

(d) Change of name—The corporation has changed its name

Mandatory Nexus Consolidate Return—An affiliated group shall

since it filed its prior year Kentucky tax return. Attach a

file a mandatory nexus consolidated return as provided by KRS

statement to the tax return providing the corporation’s name

141.200(11) which will include all includible corporations. The

used on its prior year Kentucky tax return.

mandatory nexus consolidated return will consist of the common

parent that is doing business in this state and any includible

(e) Change of address—The corporation has changed its

corporation(s) doing business in this state. KRS 141.200(9) to

address since it filed its prior year Kentucky tax return.

141.200(14)

(f)

Change of Accounting Period—The corporation has changed

its accounting period since it filed its prior year Kentucky

tax return. Attach a statement to the tax return showing the

corporation's taxable year end before the change and its

new taxable year end. If the corporation received written

approval from the Internal Revenue Service to change its

taxable year, attach a copy of the letter.

Instructions 2012 Kentucky Corporation Income Tax And Llet Return - 2012 Page 7

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