Form 725 - Kentucky Single Member Llc Individually Owned Llet Return

__ __ __ __ __ __

725

*0800010270*

Kentucky Corporation/LLET Account Number

41A725

LLC

ENTUCKY

INGLE

EMBER

Commonwealth of Kentucky

2008

DEPARTMENT OF REVENUE

NDIVIDUALLY

WNED

LLET R

Taxable period beginning ______________ , 2008, and ending ______________ , 200___ .

ETURN

__ __ – __ __ __ __ __ __ __

Federal Identification Number

__ __ / __ __

Check applicable box(es):

Taxable Year Ending

__ __ __ – __ __ – __ __ __ __

Mo.

Yr.

Social Security Number

LLET

State and Date of Organization

Name of LLC

Receipts Method

Principal Business Activity in KY



Gross Receipts

Name of Owner



Gross Profits



$175 minimum

NAICS Code Number

Number and Street

(Relating to Kentucky Activity)

(See )

City

State

ZIP Code

Telephone Number

Nonfiling Status Code



Check if applicable:

Qualified investment pass-through entity

I nitial return

Final return (attach explanation)

Enter Code



Amended return

Short-period return (attach explanation)

Change of name

Change of address



Check applicable box:

Composite return

Single return

______ ______

PART I—KENTUCKY NET DISTRIBUTABLE INCOME

PART II—LLET COMPUTATION

1. Schedule LLET, Section D, line 1 ...

1. Ordinary income (loss) ...................

2. Net income (loss) from rental real

2. Recycling/composting equipment

estate activities ................................

tax credit recapture ........................

3. Net income (loss) from other

3. Total (add lines 1 and 2) ................

rental activities ...............................

4. Nonrefundable LLET credit from

4. Interest income ..............................

Kentucky Schedule(s) K-1 ..............

5. Dividend income ............................

5. Nonrefundable tax credits

6. Royalty income ..............................

(Schedule TCS) ...............................

7. Net short-term and long-term

6. LLET liability (greater of line 3 less

capital gain (loss). If net (loss),

lines 4 and 5 or $175 minimum) ...

do not include more than

7. Estimated tax payments ................

($3,000) ...........................................

8. Extension payment ........................

8. Section 1231 net gain or (loss) ......

9. Prior year’s tax credit .....................

9. Other income (attach schedule) .......

10. LLET due (line 6 less lines 7

10. Other deductions (attach schedule)

through 9) .......................................

11. Total net distributable income

11. LLET overpayment (lines 7

(lines 1 through 9, less line 10) .....

through 9 less line 6) .....................

12. Enter 100% or the apportionment

12. Credited to 2009 LLET ...................

fraction from Schedule A, Section

13. Amount to be refunded .................

I, line 12 (attach schedule) ..............

PART III—LLET CREDIT FOR MEMBER

1. LLET liability (Part II, the total of

Federal Schedules C, E and F, and any other

➤

lines 4 and 6) ..................................

supporting federal forms and schedules must

2. Minimum tax ..................................

175

be attached.

3. Member’s LLET credit

(line 1 less line 2) ...........................

TAX PAYMENT SUMMARY

(Round to nearest dollar)

Make check payable to:

LLET

Kentucky State Treasurer

1. LLET due (Part II, line 10)

$_____________________________

Mail return with payment to:

2. Penalty

$_____________________________

Kentucky Department of Revenue

3. Interest

$_____________________________

Frankfort, Kentucky 40620

4. Total Payment

$_____________________________

Form 725 - Kentucky Single Member Llc Individually Owned Llet Return - 2008

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