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WORKSHEET INSTRUCTIONS (K-84)

• North Central Kansas Technical College

GENERAL INSTRUCTIONS

• Northwest Kansas Technical College

K.S.A. 79-32,261 provides for a 60% income, privilege or

• Wichita Area Technical College

premiums tax credit for contributions made on and after July

1, 2008 by any taxpayer who contributes to a Community

SPECIFIC LINE INSTRUCTIONS

College located in Kansas for capital improvements or to a

Technical College located in Kansas for deferred maintenance

Enter all requested information at the top of this schedule.

or the purchase of technology or equipment. This tax credit is

applicable for tax year 2008 for any contributions made on

PART A – COMPUTATION OF CREDIT

and after July 1, 2008, and for tax years 2009, 2010, 2011

and 2012 for any contributions made during the entire tax year.

LINE 1 – Enter the total amount contributed on and after

When a taxpayer contributes to a Kansas Community College

July 1, 2008 to a Community College located in Kansas

or a Technical College, the taxpayer will receive a Tax Credit

for capital improvements or the amount contributed to a

Certificate containing an identification number. DO NOT file

Technical College located in Kansas for deferred

the Tax Credit Certificate with your return.

maintenance or the purchase of technology or

If the amount of the credit allowed for a taxpayer who

equipment for capital improvements.

contributes to a community college or a technical college

LINE 2 – This percentage (60%) determines the maximum

located in Kansas exceeds the taxpayer’s Kansas income tax

credit allowable by law.

liability, such excess amount shall be refunded to the taxpayer.

Community college means a community college established

LINE 3 – Multiply line 1 by line 2 and enter the result. This is

under the provisions of the community college act. The following

the maximum credit allowable.

list of colleges fall under the “community college” definition:

LINE 4 – Partners, shareholders or members: Enter the

percentage that represents your proportionate share in

• Allen County Community College

the partnership, S corporation, LLC or LLP. All other

• Barton County Community College

taxpayers: Enter 100%.

• Butler County Community College

• Cloud County Community College

LINES 5a & 5b – Multiply line 3 by line 4 and enter the

result on line 5a. Multiply line 5a by 90% (.90) and

• Coffeyville County Community College and Area

enter the result on line 5b. This is your share of the

Technical School

total credit for the amount contributed this year.

• Colby County Community College

• Cowley County Community College

NOTE: All filers will complete lines 1 through 5. Only Form

• Dodge City Community College

K-40 filers will complete lines 6 and 7 and, if applicable, line 8.

• Fort Scott Community College

• Garden City Community College

PART B —COMPUTATION OF TOTAL CREDIT CLAIMED THIS TAX YEAR

• Highland Community College

• Hutchinson Community College

LINES 6a & 6b – Enter the amount of your Kansas tax liability

• Independence Community College

for this tax year to be applied against this credit and

enter the result on line 6a. Multiply line 6a by 90%

• Johnson County Community College

(.90) and enter the result on line 6b.

• Kansas City Kansas Community College

• Labette Community College

LINE 7 – Enter the lesser of line 5b or line 6b. Enter this

• Neosho County Community College

amount on the appropriate line of Form K-40.

• Pratt Community College

If line 6a is less than line 5a, complete PART C.

• Seward County Community College

Technical College means a technical college as

PART C — COMPUTATION OF REFUNDABLE PORTION OF CREDIT

designated pursuant to K.S.A. 72-4472, 72-4473, 72-4474,

72-4475 and 72-4477, and amendments thereto. The following

LINE 8 – Subtract line 7 from line 5b. Enter the result. This

list of colleges fall under the “technical college” definition:

is the amount that will be refunded to you. Also enter

• Flint Hills Technical College

this amount on the appropiate line for refundable credits

on Form K-40.

• Manhattan Area Technical College

Worksheet Instructions For Form K-84 - Worksheet For Kansas Technical And Community College Deferred Maintenance Credit

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