Form 720 41a720 - Kentucky Corporation Income Tax And Llet Return

720

__ __ __ __ __ __

*1200020200*

41A720

Kentucky Corporation/LLET Account Number

Department of Revenue

2012

ENTUCKY

ORPORATION

➤ See instructions.

LLET R

NCOME

AX AND

ETURN

Taxable period beginning _______________ , 201 ___, and ending _______________ , 201 ___.

__ __ / __ __

Federal

Check applicable box(es):

Taxable Year Ending

__ __ – __ __ __ __ __ __ __

Identification Number

Mo.

Yr.

LLET

Receipts Method

Name of Corporation

State and Date of Incorporation



Gross Receipts



Gross Profits



Number and Street

Principal Business Activity in KY

$175 minimum

Nonfiling Status Code

City

State

ZIP Code

Telephone Number

NAICS Code Number

Enter Code _____ _____

(Relating to Kentucky Activity)

(See )

Income Tax Return

Name of Common Parent

Kentucky Corporation/LLET Account Number

__ __ __ __ __ __



Separate



Mandatory NEXUS



Check if applicable:

Initial return

Final return (Complete Part IV)



Short-period return (Complete Part IV)

Change of name

Change of address

Change of accounting period

Nonfiling Status Code

Enter Code _____ _____



Check if applicable:

Amended return

Amended return–RAR

Provide explanation of changes in Part V—Explanation of Amended Return Changes.

PART I—LLET COMPUTATION

PART II—INCOME TAX COMPUTATION

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

............

Income tax (see instructions)

2. Recycling/composting equipment

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

tax credit recapture ............................... 2

3. Tax installment on LIFO recapture ...

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

4. Total (add lines 1 through 3) ............

4. Nonrefundable LLET credit from

5. Nonrefundable LLET credit

Kentucky Schedule(s) K-1 ..................... 4

from the Corporation

LLET Credit Worksheet(s)

5. Nonrefundable tax credits

(see instructions) ...............................

(attach Schedule TCS) ........................... 5

6. Nonrefundable LLET credit (Part I,

6. LLET liability (greater of line 3 less

line 6 less $175) .................................

lines 4 and 5 or $175 minimum) .......... 6

7. Nonrefundable tax credits

7. Withholding tax (Form PTE-WH) .......... 7

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

8. Net income tax liability (line 4 less

8. Estimated tax payments ....................... 8

lines 5 through 7, but not less than

9. Certified rehabilitation tax credit ......... 9

zero) ....................................................

10. Film industry tax credit ......................... 10

9. Estimated tax payments

 Check if Form 2220-K attached .....

11. Extension payment ............................... 11

10. Extension payment ...........................

12. Prior year’s tax credit ............................ 12

11. Prior year’s tax credit ........................

13. Income tax overpayment from

12. LLET overpayment from Part I,

Part II, line 17 ......................................... 13

line 18 .................................................

13. Corporation income tax paid on

14. LLET paid on original return ................. 14

original return ....................................

15. LLET overpayment on original

14. Corporation income tax overpayment

return ...................................................... 15

on original return ..............................

16. LLET due (lines 6 and 15 less lines

15. Income tax due (lines 8 and 14 less

7 through 14) ......................................... 16

lines 9 through 13) ................................

17. LLET overpayment (lines 7

16. Income tax overpayment (lines 9

through 13 less lines 8 and 14) ...........

through 14 less lines 6 and 15) ............ 17

17. Credited to 2012 LLET .......................

18. Credited to 2012 income tax ................. 18

18. Credited to 2013 corporation

19. Credited to 2013 LLET ........................... 19

income tax .........................................

20. Amount to be refunded ........................ 20

19. Amount to be refunded ....................

Make check payable to:

TAX PAYMENT SUMMARY (Round to nearest dollar)

Kentucky State Treasurer

LLET

INCOME

Mail return with payment to:

Kentucky Department of Revenue

1. LLET due (Part I, Line 16)

$___________________

1. Income tax due (Part II, Line 15)

$___________________

Frankfort, Kentucky 40620

2. Penalty

$___________________

2. Penalty

$___________________

3. Interest

$___________________

3. Interest

$___________________

OFFICIAL USE ONLY

4. Subtotal

$___________________

4. Subtotal

$___________________

PW 204

TOTAL PAYMENT (Add Subtotals) ............................................................➤ $ _________________________________________

Form 720 41a720 - Kentucky Corporation Income Tax And Llet Return - 2012

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