Kentucky Schedule K (Form 720s(K)) For S Corporations With Economic Development Project(S) printable pdf download

Form 720S(K)

ENTUCKY

CHEDULE

41A720S(K) (10-13)

*1300010283*

S C

ORPORATIONS

ITH

Commonwealth of Kentucky

DEPARTMENT OF REVENUE

CONOMIC

EVELOPMENT

ROJECT(S)

➤ See instructions.

SHAREHOLDERS’ SHARES OF INCOME, CREDITS, DEDUCTIONS, ETC., EXCLUDING THE ECONOMIC

DEVELOPMENT PROJECT(S)

SECTION I—Income (Loss) and Deductions

(a) Pro Rata Share Items

(b) Total Amount

(d) Net Kentucky Amount

1. Kentucky ordinary income (loss) from trade or

business activities (Form 720S, Part I, line 10) ..

2. Net income (loss) from rental real estate activities

(attach federal Form 8825) ................................

3. (a) Gross income from other

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

3(a)

(b) Less expenses from other

rental activities (attach

schedule) .....................

(b)

(line 3a less line 3b) .....................................

3(c)

4. Portfolio income (loss):

(a) Interest income ............................................

4(a)

(b) Dividend income ..........................................

(b)

(c)

(d) Net short-term capital gain (loss)(attach

federal Schedule D and Kentucky

Schedule D, if applicable) ...........................

(d)

(e) Net long-term capital gain (loss) (attach

federal Schedule D and Kentucky

Schedule D, if applicable) ...........................

(e)

(f) Other portfolio income (loss) (attach

schedule) ......................................................

(f)

5. Section 1231 net gain (loss) (other than due to

casualty or theft) (attach federal Form 4797

and Kentucky Form 4797) .................................

6. Other income (loss) (attach schedule) ...............

7. Charitable contributions (attach schedule) and

housing for homeless deduction (attach

Schedule HH) .....................................................

8. IRC Section 179 expense deduction

(attach federal Form 4562 and Kentucky

Form 4562) .........................................................

9. Deductions related to portfolio income (loss)

(attach schedule) ..............................................

10. Other deductions (attach schedule) .................

Investment Interest

11. (a) Interest expense on investment debts ....... 11(a)

(b) (1) Investment income included on

lines 4(a), 4(b), 4(c) and 4(f) above ........

b(1)

(2) Investment expenses included on

line 9 above .............................................

b(2)

Tax Credits

12. Kentucky Small Business Investment Tax

Credit (attach KEDFA notification) ....................

13. Skills Training Investment Tax Credit (attach

copy of certification(s)) ......................................

14. Certified Rehabilitation Tax Credit (attach

copy of certification(s)) ......................................

15. Kentucky Unemployment Tax Credit (attach

Schedule UTC) ....................................................

Kentucky Schedule K (Form 720s(K)) For S Corporations With Economic Development Project(S)

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