Form 41a765(I) - Kentucky Partnership Income And Llet Return Instructions

Authority notification.

Line 34—Enter the Energy Efficiency Products Tax Credit from

Form 5695–K, Line 51 and attach Form 5695–K.

Line 14—Enter the Skills Training Investment Credit Act (STICA)

tax credit as provided by KRS 141.405 and attach the Bluegrass

Line 35—Enter the Energy Efficiency Products Tax Credit from

State Skills Corporation certification(s).

Form 5695–K, Line 57 and attach Form 5695–K.

Line 15—Enter the Certified Rehabilitation Tax Credit as

Line 36—Enter the Energy Efficiency Products Tax Credit from

provided by KRS 171.397 and attach the Kentucky Heritage

Form 5695–K, Line 63 and attach Form 5695–K.

Council certification(s).

Line 37—Enter the ENERGY STAR Home or ENERGY STAR

Line 16—Enter the Kentucky Unemployment Tax Credit as

Manufactured Home Tax Credit as provided by KRS 141.437

provided by KRS 141.065 and attach Kentucky Schedule UTC

and attach Kentucky Form 8908-K (Form 41A720-S11).

(Form 42A740-UTC).

Line 38—Enter the Railroad Maintenance and Improvement

Line 17—Enter the Recycling/Composting Equipment Tax Credit

Tax Credit as provided by KRS 141.385 and attach Kentucky

as provided by KRS 141.390 and attach Kentucky Schedule RC

Schedule RR-I (Form 41A720RR-I).

(Form 41A720RC).

Line 39—Enter the Railroad Expansion Tax Credit as provided

Line 18—Enter the Kentucky Investment Fund Tax Credit as

by KRS 141.386 and attach Kentucky Schedule RR-E (Form

provided by KRS 154.20–258 and attach a copy of the notification

41A720RR-E).

from Kentucky Economic Development Finance Authority

(KEDFA) reflecting the amount of credit granted and the year in

Line 40—Enter the Endow Kentucky Tax Credit as provided by

which the credit may first be claimed.

KRS 141.438 and attach a copy of Kentucky Schedule ENDOW

(Form 41A720-S86).

Line 19—Enter the Coal Incentive Tax Credit for electric power

generation as provided by KRS 141.0405 and attach Kentucky

Line 41(a)—Enter the information provided on federal

Schedule CI (Form 41A720-CI).

Schedule K, Form 1065, Line 13c(1).

Line 20—Enter the Qualified Research Facility Tax Credit as

Line 41(b)—Enter the amount reported on federal Schedule K,

provided by KRS 141.395 and attach Kentucky Schedule QR

Form 1065, Line 13c(2).

(Form 41A720QR).

Line 42—Enter the total amount of interest income of the

Line 21—Enter the GED Incentive Tax Credit as provided by KRS

partnership from U.S. government bonds and securities and

151B.127 and attach GED-Incentive Program Final Report (Form

obligations of Kentucky and its political subdivisions.

DAEL-31) for each employee that completed a learning contract

during the year.

Line 43—Enter the total amount of any other type of income of

the partnership on which the partner is exempt from Kentucky

Line 22—Enter the Voluntary Environmental Remediation Tax

income tax.

Credit as provided by KRS 141.418 and attach Kentucky Schedule

VERB (Form 41A720VERB).

Line 44—Enter the total amount of nondeductible expenses

paid or incurred by the partnership including, but not limited to,

Line 23—Enter the Biodiesel Tax Credit as provided by KRS

state taxes measured by gross/net income, expenses related to

141.424 and attach Kentucky Schedule BIO (41A720BIO).

tax–exempt income, etc. Do not include a deduction reported

Line 24—Enter the Environmental Stewardship Tax Credit as

elsewhere on Schedule K, Form 765, capital expenditures or

provided by KRS 141.430 and attach Kentucky Schedule KESA

items the deductions for which are deferred to a later year.

(41A720KESA).

Line 45—Enter the amount reported on federal Schedule K,

Line 25—Enter the Clean Coal Incentive Tax Credit as provided by

Form 1065, Line 19a and 19b.

KRS 141.428 and attach Kentucky Schedule CCI (41A720–CCI)

Line 46—Attach schedules to report the partnership’s total

Line 26—Enter the Ethanol Tax Credit as provided by KRS 141.4242

income, expenses and other information applicable to items

and attach Kentucky Schedule ETH (Form 41A720ETH).

not included on Lines 1 through 45 including, but not limited to,

any recapture of Section 179 deduction, gross income and other

Line 27—Enter the Cellulosic Ethanol Tax Credit as provided

information relating to oil and gas well properties enabling the

by KRS 141.4244 and attach Kentucky Schedule CELL (Form

partnership to figure the allowable depletion deduction, and any

41A720CELL).

other information the partners need to prepare their Kentucky

income tax returns. See federal instructions for Schedule K,

Line 28—Enter the Energy Efficiency Products Tax Credit from

Form 1065, Line 13d.

Form 5695–K, Line 6 and attach Form 5695–K.

Domestic Production Activities Deduction (DPAD)—A pass–

Line 29—Enter the Energy Efficiency Products Tax Credit from

through entity does not complete Form 8903–K, but attaches

Form 5695–K, Line 12 and attach Form 5695–K.

information to each partner’s, member’s or shareholder’s

Kentucky Schedule K–1 that will be needed to compute

Line 30—Enter the Energy Efficiency Products Tax Credit from

their DPAD. A pass–through entity shall attach the following

Form 5695–K, Line 18 and attach Form 5695–K.

information to each Kentucky Schedule K–1 to be used by the

partner, member or shareholder to compute their DPAD for

Line 31—Enter the Energy Efficiency Products Tax Credit from

Kentucky income tax purposes:

Form 5695–K, Line 36 and attach Form 5695–K.

If the par tner, member or shareholder is an individual

Line 32—Enter the Energy Efficiency Products Tax Credit from

(includes estates and trusts), attach the following: (i) Domestic

Form 5695–K, Line 36 and attach Form 5695–K.

Production Gross Receipts (DPGR); (ii) Kentucky Domestic

Production Gross Receipts (KDPGR); and (iii) Kentucky W–2

Line 33—Enter the Energy Efficiency Products Tax Credit from

wages allocable to DPGR.

Form 5695–K, Line 51 and attach Form 5695–K.

Form 41a765(I) - Kentucky Partnership Income And Llet Return Instructions - 2011 Page 10

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