Instructions For Forms 740 And 740-Ez - Kentucky Individual Income Tax Return - 2011 Page 8
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30LINE 13, Lump-sum Distribution—Special 10–Year Averaging—
Kentucky allows a special 10-year averaging method for
determining tax on lump-sum distributions received from
certain retirement plans that qualify for federal 10-year
averaging. If this special method is used for federal purposes,
Form 4972-K, Kentucky Tax on Lump-Sum Distributions, and
Schedule P , Pension Income Exclusion, must be filed with
Form 740. Enter tax from Form 4972-K and check the box.
Recycling Composting Recapture—Enter amount from Sched-
ule RC-R and check the box.
If both Form 4972-K and Schedule RC-R are used, add the
amounts together and enter the total on Line 13.
LINE 15—Enter amounts from page 2, Section A. See instruc-
tions for Section A.
LINE 17—Enter amounts from page 3, Section B. See instruc-
tions for Section B.
LINE 19, Total Tax Liability—Married taxpayers filing a com-
bined return must add the amounts on Line 18, Columns A
and B, and enter the sum on Line 19. Other taxpayers should
enter the amount from Line 18, Column B, on Line 19.
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