Kentucky Schedule K (Form 720s(K)) For S Corporations With Economic Development Project(S) (Page 3 of 4) in pdf

Kentucky Schedule K (Form 720s(K)) For S Corporations With Economic Development Project(S) Page 3

41A720S(K)(10-13)

Page 3

Commonwealth of Kentucky

*1300010310*

DEPARTMENT OF REVENUE

SHAREHOLDERS’ SHARES OF INCOME, CREDITS, DEDUCTIONS, ETC., EXCLUDING THE ECONOMIC

DEVELOPMENT PROJECT(S)

SECTION I—Income (Loss) and Deductions—continued

(a) Pro Rata Share Items

(b) Total Amount

(d) Net Kentucky Amount

Other Items

39. (a) Type of Section 59(e)(2)

expenditures

________________________

39(a)

➤

(b) Amount of Section 59(e)(2) expenditures ....

(b)

40. Tax-exempt interest income ............................

41. Other tax-exempt income .................................

42. Nondeductible expenses ..................................

43. Total property distributions (including cash)

other than dividends reported on line 45

below ..................................................................

44. Other items and amounts required to be

reported separately to shareholders (attach

schedule) ............................................................

45. Total dividend distributions paid from

accumulated earnings and profits ...................

SECTION II—Pass-through Items

1. S corporation’s Kentucky sales from Schedule A, Section I, line 1 ............................

2. S corporation’s total sales from Schedule A, Section I, line 2 ....................................

3. S corporation’s Kentucky property from Schedule A, Section I, line 5 ......................

4. S corporation’s total property from Schedule A, Section I, line 6 ..............................

5. S corporation’s Kentucky payroll from Schedule A, Section I, line 8 .........................

6. S corporation’s total payroll from Schedule A, Section I, line 9 .................................

7. S corporation’s Kentucky gross profits from Schedule LLET(K), Section A,

Column A, line 5 ..............................................................................................................

8. S corporation’s total gross profits from all sources from Schedule LLET(K),

Section A, Column B, line 5 ...........................................................................................

9. Limited liability entity tax (LLET) nonrefundable credit from Form 720S,

Part II, the total of lines 4 and 6, less $175 ....................................................................

Kentucky Schedule K (Form 720s(K)) For S Corporations With Economic Development Project(S) Page 3