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

INSTRUCTIONS FOR SCHEDULE K-56

use primarily by the dependent children of the taxpayer’s

GENERAL INFORMATION

employees. The credit in the years subsequent to the initial

year may not exceed $30,000 for any taxpayer during any

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

taxable year. (Complete lines 13 through 19.)

credit if, during the taxable year, the taxpayer:

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

• locates child day care services for its employees, OR

SPECIFIC LINE INSTRUCTIONS

• provides facilities and necessary equipment for child

day care services to its employees.

Complete a separate Schedule K-56 for each child day

care facility in Kansas.

For tax year 2013, and all tax years thereafter,

new credits shall be available to only corporations

PART A —CHILD DAY CARE INFORMATION

that are subject to the Kansas corporate income tax (i.e.,

LINES 1 through 5: Complete all applicable lines. This

C corporations). New credits shall no longer be available to

information determines the amount of your credit. In

individuals, partnerships, S corporations, limited liability

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

companies, and other pass-through entities.

day of each month in the taxable year.

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

facility or provider must be licensed or registered pursuant

Keep a copy of the following information with your

to Kansas law.

records as KDOR (Kansas Department of Revenue)

The amount of credit is based on the amount spent by

reserves the right to request it at a later date:

the taxpayer LESS any contribution from its employees or

• A list of names and addresses for the number of

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

taxpayers reported on line 5(a).

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

• A schedule supporting the average number of

The amount of allowable credit is as follows:

employees reported on line 5(b).

Taxpayer Provides Facilities and Necessary

Equipment for Child Day Care Services (Initial Year).

PART B—COMPUTATION OF CREDIT FOR ESTABLISHING

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

AND OPERATING A DAY CARE FACILITY

or by the taxpayer in conjunction with other taxpayers during

the initial tax year in which a facility providing child day care

LINES 6 through 12: Complete these lines if you established

services is established and operated by those taxpayers in

and operated a child day care facility this taxable year.

Kansas for use primarily by the dependent children of the

PART C—COMPUTATION OF CREDIT FOR PURCHASING

taxpayer’s employees. The amount of credit in the initial

OR LOCATING CHILD DAY CARE SERVICE

year may not exceed $45,000 for any taxpayer. (Complete

lines 6 through 12.)

LINES 13 through 19: Complete these lines if you purchased

Taxpayer Pays For OR Locates Child Day Care

or located child day care services for your employees, or

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

established and operated this child day care facility in a

the taxpayer during the tax year for child day care services

year prior to this taxable year.

purchased in Kansas to provide care for the dependent

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

TAXPAYER ASSISTANCE

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

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

For assistance in completing this schedule contact KDOR:

any taxable year. (Complete lines 13 through 19.)

Tax Operations

Taxpayer Provides THE Facility And Necessary

Docking State Office Building, 1st fl.

Equipment For Child Day Care Services (Subsequent

915 SW Harrison St.

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

Topeka, KS 66625-2007

taxpayer or by the taxpayer in conjunction with other

taxpayers during the years subsequent to the initial year in

Phone:(785) 368-8222

which a facility providing child day care services was

Fax: (785) 291-3614

established and operated by those taxpayers in Kansas for

Web site:

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

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