Kentucky Schedule K-1 (Form 720s) - Shareholder'S Share Of Income, Credits, Deductions, Etc. - 2013

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(Form 720S)
*1300010260*
2013
KENTUCKY
SCHEDULE K-1
41A720S(K-1)
S
S
O
HAREHOLDER’S
HARE
F
Commonwealth of Kentucky
DEPARTMENT OF REVENUE
I
, C
, D
, E
.
NCOME
REDITS
EDUCTIONS
TC
➤ See instructions.
For calendar year 2013 or fiscal year beginning _______________ , 2013, and ending _______________ , 201 ___.
Shareholder’s identifying
S corporation’s FEIN
Kentucky Corporation/LLET
number ➤
Account Number ➤
Shareholder’s name, address and ZIP code
S corporation’s name, address and ZIP code
Check if applicable:
Qualified investment pass-through entity
A. Shareholder’s percentage of stock ownership for tax year ..............................................................................................➤
%
B. (1) Resident shareholder's taxable percentage of pro rata share items .........................................................................➤
100%
(2) Nonresident shareholder’s taxable percentage of pro rata share items (see Schedule A, Section I, line 12) ................➤
%
 
 
 
 
C. What type of entity is this shareholder?
Individual
Estate
Trust
Single Member LLC
D. Check the box if nonresident shareholder’s income is reported on:
 
Kentucky Nonresident Income Tax Withholding on Distributive Share Income Report
and Composite Income Tax Return (Form 740NP-WH and Form PTE-WH)
E. Check if applicable:
(1)
  Final K-1
(2)
Amended K-1
IMPORTANT: Refer to Shareholder’s Instructions for Schedule K-1 before entering information from Schedule K-1 on your tax return.
(a) Pro Rata Share Items
(b) Amount
Income (Loss)
1.
Ordinary income (loss) from trade or business activities ..........................................................................................
1
2.
Net income (loss) from rental real estate activities ....................................................................................................
2
3.
Net income (loss) from other rental activities ............................................................................................................
3
4.
Portfolio income (loss):
(a) Interest ...................................................................................................................................................................
4(a)
(b) Dividends ...............................................................................................................................................................
(b)
(c)
Royalties ................................................................................................................................................................
(c)
(d) Net short-term capital gain (loss) ........................................................................................................................
(d)
(e) Net long-term capital gain (loss) .........................................................................................................................
(e)
(f)
Other portfolio income (loss) (attach schedule) .................................................................................................
(f)
5.
Section 1231 net gain (loss) (other than due to casualty or theft) ............................................................................
5
6.
Other income (loss) (attach schedule) .........................................................................................................................
6
Deductions
7.
Charitable contributions (attach schedule) and housing for homeless deduction (attach Schedule HH) .............
7
8.
IRC Section 179 expense deduction (attach federal Form 4562 and Kentucky Form 4562) ....................................
8
9.
Deductions related to portfolio income (loss) (attach schedule) ..............................................................................
9
10.
Other deductions (attach schedule) ............................................................................................................................. 10
Investment Interest
11.
(a) Interest expense on investment debts ................................................................................................................ 11(a)
(b) (1) Investment income included on lines 4(a), 4(b), 4(c) and 4(f) above ........................................................ (b)(1)
(2) Investment expenses included on line 9 above .........................................................................................
(2)
Tax Credits
12.
Kentucky Small Business Investment Tax Credit .......................................................................................................
12
13.
Skills Training Investment Tax Credit..........................................................................................................................
13
14.
Certified Rehabilitation Tax Credit ...............................................................................................................................
14
15.
Kentucky Unemployment Tax Credit...........................................................................................................................
15
16.
Recycling/Composting Equipment Tax Credit ............................................................................................................
16
17.
Kentucky Investment Fund Tax Credit.........................................................................................................................
17

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