Instructions For Form 725 - Kentucky Single Member Llc Individually Owned Llet Return - 2013 Page 9
ADVERTISEMENT
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16Item C—Enter the name and federal identification number of
After completing the applicable information on Form 725,
Schedule CP should be completed as follows:
the single member LLC.
Item D—Check the applicable boxes to indicate that the single
In the first column of Schedule CP, enter the owner’s name and
member LLC is a qualified investment pass–through entity as
Social Security number in the applicable blocks.
provided by KRS 141.206(15), filing an initial return or filing a
final return.
Schedule CP has four columns, one column for each single
member LLC owned. If you have more than four single member
Item E—Check the box to indicate whether disregarded single
LLC entities, attach additional Schedule(s) CP as needed. Enter
member LLC(s) are included in the return and attach a schedule
the following information in each column:
of these disregarded entities.
Item A—Enter the six–digit Kentucky Corporation/LLET Account
For each Kentucky single member LLC listed, complete
Number on the applicable line at the top of each column and
applicable lines of Part I through Part III using the instructions
schedule and also on all checks and correspondence.
for Form 725, Part I through Part III on pages 7 and 8 of these
If the account number is not known, telephone (502) 564–
instructions.
8139.
Tax Payment Summary—Schedule(s) CP
Item B—Check the box indicating the method used in
determining the amount of LLET due on the Schedule LLET,
Complete the Tax Payment Summary for each Kentucky
Section D, Line 1.
single member LLC listed. One payment can be submitted with
Schedule(s) CP for all taxes, interest and penalty due. Each
LLET Nonfiling Status Code—Return Not Required
entity is a separate entity and a refund from one entity cannot
be used to reduce the liability of another entity. Do not enter
If the single member LLC is not required to file an LLET return,
tax payment information on Form 725.
enter one of the following two–digit codes in the space provided.
Failure to include a valid code will delay the processing of the
Signature—Form 725 must be signed by an owner
tax return and may result in a tax notice for assessment of
✍
(member). Failure by an owner (member) to sign the
taxes and penalties.
return, to complete all applicable lines on any required
Kentucky form, to attach all applicable schedules including
REASON
copies of federal forms, or to complete all information on the
REASON
CODE
questionnaire will delay the processing of tax returns and may
12
A property or facility which has been certified
result in the assessment of penalties.
as a fluidized bed energy production facility as
defined in KRS 211.390.
13
An alcohol production facility as defined in KRS
247.910.
21
A qualified investment pass–through entity as
defined in KRS 141.206(15).
9
ADVERTISEMENT
0 votes
Related Articles
Related forms
Related Categories
Parent category: Financial