Fillable Schedule K-47 - Kansas Adoption Credit (Page 2 of 2) in pdf

INSTRUCTIONS FOR SCHEDULE K-47

GENERAL INFORMATION

SPECIFIC LINE INSTRUCTIONS

K.S.A. 79-32,202 provides adoption tax credits for Kansas

Complete all requested information at the top of the Schedule

residents and part-year residents of Kansas who file as residents

K-47. A separate K-47 is required for each adopted child.

for all taxable years beginning after December 31, 2005 but the law

PART A - GENERAL ADOPTION CREDIT

was repealed in 2013 for any new credits. However, 2014 legislation

LINE 1—Enter the federal adoption credit amount allowed this tax

reinstated these credits commencing in tax year 2014, and all tax

year. This is generally the amount of credit shown on federal

years thereafter. For more information see the Frequently Asked

Form 8839. If you are claiming this credit for having adopted

Questions (FAQs) document on our web site.

more than one child, follow the instructions outlined in the

General Adoption Credit. The basic credit for Kansas residents

paragraph above entitled Adopting More Than One Child.

adopting a child (or children) is 25% of the adoption credit allowed

LINE 2—Credit percentage allowed. Mark the box for the percentage

on your federal income tax return. An additional 25% credit (total of

appropriate for your situation. If, prior to adoption, the child was:

50%) is available to Kansas residents if the adopted child was a

• not a Kansas resident, multiply line 1 by 25% (.25).

Kansas resident prior to adoption. Another 25% credit (total of 75%)

• a Kansas resident, multiply line 1 by 50% (.50).

is available to Kansas residents if the adopted child was both a

• both a Kansas resident and a child with special needs,

Kansas resident prior to adoption and a “child with special needs.”

multiply line 1 by 75% (.75).

A child with special needs as defined by 26 U.S.C. 23(d)(3)(A)

PART B - SPECIAL NEEDS OR DCF ADOPTION CREDIT

means a State has determined that the child cannot or should not

be returned to the home of his parents, (B) such State has

LINE 3—This line to be used for new credits only. The credit is

determined that there exists with respect to the child a specific

$1,500 for each child with special needs or in the custody of

factor or condition (i.e., ethnic background, age, or membership in

DCF who was adopted this tax year.

a minority or sibling group, or the presence of factors such as

PART C - COMPUTATION OF THIS YEAR’S CREDIT

medical conditions or physical, mental, or emotional handicaps)

because of which it is reasonable to conclude that such child cannot

LINE 4—If this is your first year to claim this credit, make no entry

on this line. In subsequent years, enter the carry forward

be placed with adoptive parents without providing adoption

amount from your prior year’s Schedule K-47.

assistance, and (C) such child is a citizen or resident of the United

States [as defined in section 217(h)(3)].

LINE 5—Add lines 2, 3 and 4 and enter the result.

LINE 6—Enter the amount of your Kansas tax liability after all other

Adopting a Special Needs Child or a Child in Custody of

credits except this one.

Kansas Department for Children and Families (DCF). For

residents adopting a child in one of these situations, a credit of

LINE 7—Enter the smaller of lines 5 or 6. This is the amount of

$1,500 is allowed in addition to those described in the General

your Kansas adoption credit for this tax year. Enter this

Adoption Credit section. This credit is available even if you have

amount on the appropriate line of Form K-40.

been reimbursed all or part of the qualifying adoption expenses.

If your Kansas adoption credit on line 5 is more than the adoption

Adopting More Than One Child. If you completed federal Form

credit allowed this tax year (line 7), complete Part D and use the

8839, Qualified Adoption Expenses, for two or more adopted children

excess amount on next year’s tax return.

that qualify for different Kansas adoption credits, then all children

PART D — COMPUTATION OF CARRY FORWARD CREDIT

must be listed on federal Form 8839 (PARTs I, II, and III) Worksheet

and it must contain applicable information for each adopted child.

LINE 8—Subtract line 7 from line 5. Do not enter an amount less

This worksheet is required for Kansas calculation purposes only.

than zero. This is the amount of credit you will have available

EXAMPLE: A Kansas resident adopts two children, both residents

to enter on the Schedule K-47 you file next year.

of Kansas prior to adoption. One is a child with special needs. The

allowable Kansas credit for one child is 50% of the federal credit

If this is your first year to claim the adoption credit, you

and 75% of the federal credit for the child with special needs. Kansas

must provide the following documents to support your

credit. You may fax them to 785-296-8989, but include a

credits are a percentage of the federal credit based on the child’s

cover sheet with taxpayer name, Social Security number, and the

specific status (resident, nonresident, or child with special needs).

total number of pages in your packet.

In addition to the 75% credit available to Kansas residents for

• Agency Consent to Adoption

adopting a child with special needs, the adoptive parents are entitled

• Adoption Support Agreement

to an additional $1,500 credit. The $1,500 credit is available to

• Adoption Decree

Kansas residents when the adoptive child is either in the custody

• Federal Form 8839 Parts I, II, and III

of DCF or a “child with special needs.”

If you claimed this credit before, then retain a copy of these

If Kansas residents adopt a child that is either in the custody of

documents with your tax records as Kansas Department of Revenue

DCF or a child with special needs but the adopted child is a

reserves the right to request them at a later date.

nonresident of Kansas the credit is 25% of the federal credit allowed

and the additional $1,500 credit. (The definition of a child with special

TAXPAYER ASSISTANCE

needs requires they be a citizen or resident of the United States.)

For assistance in completing this schedule contact the Kansas

Kansas Tax Liability Limit. If your Kansas adoption credit

Department of Revenue:

is more than your tax liability for the tax year (after all other

Tax Operations

credits), you may carry any unused credit amount forward

Docking State Office Building, 1st fl.

until the credit is used up.

915 SW Harrison St.

Topeka, KS 66612-1588

IMPORTANT: You must complete a separate Schedule K-47

Phone: 785-368-8222

for each adopted child.

Website:

Schedule K-47 - Kansas Adoption Credit Page 2

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