Form 740-Np - Kentucky Income Tax Return Nonresident Or Part-Year Resident - 2012 Page 11
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6017, Column B) to federal total income (Line 17, Column A).
Line 27, Individual Retirement Arrangements (IRAs)—The
deduction cannot exceed income earned in Kentucky. Con-
Enter in Column A, the total of any other adjustments to the
tributions made by full-year nonresidents are limited to the
total income listed on your federal return. Enter in Column B,
percentage of their Kentucky earned income to their federal
the allowable deduction with the above limitation.
earned income. Use federal worksheets and instructions with
the above limitations.
Nonresident military members filing to report nonmilitary
income to Kentucky must subtract their military income on
Line 33, Column A with a notation “nonresident military
Line 28, Student Loan Interest Deduction—Federal limita-
income.” The qualifying spouse of a military member who
tions apply. Student loan interest deduction is limited to the
has nonmilitary income should subtract their income on
percentage of Kentucky total income (Line 17, Column B) to
Line 33, Column A with a notation “military spouse income.”
federal total income (Line 17, Column A). Enter in Column
Nonresident military and qualifying military spouse income
A, the total of student loan interest from your federal return.
is not limited to the percentage of Kentucky total income to
Enter in Column B, the allowable deduction with the above
federal total income.
limitation.
INCOME/TAX
Line 29, Reserved—Pending federal legislation.
Note: These items are reported on page 1, Form 740-NP.
Line 30, Domestic Production Activities Deduction—For
taxable years beginning on or after January 1, 2010, the
Line 7—Enter the percentage from page 4, Section D, Line
amount of the domestic production activities deduction
36.
(DPAD) for Kentucky income tax returns will remain 6 percent
as allowed in Section 199(a)(2) of the Internal Revenue Code
Line 8—Enter federal Adjusted Gross Income from page 4,
(IRC) for taxable years beginning before January 1, 2010.
Section D, Column A, Line 35.
Kentucky does not recognize the 9 percent DPAD calculation
rate allowed for federal income tax returns filed for taxable
Line 9—Enter Kentucky Adjusted Gross Income from page 4,
years beginning on or after January 1, 2010.
Section D, Column B, Line 35.
Part-year resident or full-year nonresident individuals
Line 10—Nonitemizers, enter the standard deduction of
shall prorate the allowable federal DPAD based upon the
$2,290. If filing a joint return, only one $2,290 standard de-
percentage of Kentucky domestic production gross receipts
duction is allowed.
to federal domestic production gross receipts. The KDPAD
shall not exceed 50 percent of the Kentucky W-2 wages from
Line 11—Itemizers, complete Schedule A and enter itemized
the entity that generated Kentucky domestic production gross
deductions on Line 11. If one spouse itemizes deductions,
receipts. This deduction must be recomputed based on the
the other must itemize. See specific instructions for Sched-
6 percent allowed for the Kentucky DPAD as opposed to the
ule A.
9 percent allowed for the federal DPAD deduction. A pass-
through entity is required to attach information containing
Line 12—Multiply Line 11 by the percentage on Line 7. If Line
each individual par tner's, member's or shareholder's
12 does not exceed $2,290 and your filing status is 1 or 2,
distributive share of DPGR, KDPGR and Kentucky W-2 wages
you should take the standard deduction. Married couples
allocable to DPGR to each individual partner's, member's or
filing separate returns, see special rules under instructions
shareholder's Kentucky Schedule K-1 for purposes of making
for Schedule A.
this calculation.
Line 13—Subtract either Line 10 or 12 from Line 9. This is
Line 31, Long–Term Care Insurance Premiums—Long-term
your Taxable Income.
care insurance premiums deducted by full-year nonresidents
are limited to the percentage of their Kentuck y total
Line 14—Use the tax table provided in the instructions to
income (Line 17, Column B) to their federal total income
compute your tax. Enter this amount on Line 14.
(Line 17, Column A). Do not claim amounts as an itemized
deduction.
If you had a lump-sum distribution from a qualified retirement
plan, complete Schedule P and Form 4972-K and attach copies
Line 32, Health Insurance Premiums—Medical and dental
to Form 740-NP. The amount of tax computed on Form
insurance premiums deducted by full-year nonresidents
4972-K should be included in the amount on this line.
are limited to the percentage of their Kentucky total income
(Line 17, Column B) to their federal total income (Line 17,
Schedule J, Farm Income Averaging—If you elect Farm
Column A).
Income Averaging on your federal return, you may also use
this method for Kentucky. Complete and attach Kentucky
Note: This deduction applies to premiums paid with after-tax
Schedule J and include tax in the amount on this line.
dollars. Premiums paid with pretax income (cafeteria plans
and vouchers already excluded from wage income) are not
Line 15—Enter amount from page 3, Section A, Line 22. See
deductible again. Do not include long-term care insurance
instructions for Section A.
premiums deducted on Line 31. If you are eligible for the
Health Coverage Tax Credit, you may not deduct premiums
Line 17—Enter amount from page 3, Section B, Line 4. See
paid on your behalf (advance payments) and you must reduce
instructions for Section B.
the amount you paid by the amount of health coverage tax
credit. (See federal Form 8885.)
Line 18—Multiply the amount on Line 17 by the percentage
on Line 7 and enter result here.
Line 33, Other Deductions—List any other adjustments to total
income not listed above on lines 18 through 32. List the type of
deduction in the space provided. Other deductions, with the
exception of military and qualifying military spouse income,
are limited to the percentage of Kentucky total income (Line
5
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