Form K-53 - Kansas Research and Development Credit

A credit may be deducted from a taxpayer’s Kansas income tax liability if the taxpayer had qualifying expenditures in research and development activities conducted within Kansas (K.S.A. 79- 32,182b). Qualifying expenditures are expenditures made for research and development purposes (other than expenditures of monies made available to the taxpayer pursuant to federal or state law), which [...]

Kansas Plugging an Abandoned Gas or Oil Well Credit K-39

K.S.A. 79-32,207 provides for an income tax credit for taxpayers who make expenditures during the tax year to plug an abandoned oil or gas well on their land in accordance with the rules and regulations of the Kansas Corporation Commission (KCC). The credit is 50% of expenditures made during the tax year. If the credit exceeds the tax liability for the taxable year the expenditures are made, any [...]

Form K-57 - Kansas Small Employer Healthcare Credit

K.S.A. 40-2246 allows an income tax credit to those employers that make contributions to a health savings account of an eligible covered employee after 12/31/2004. The credit is $70 per month per eligible covered employee for the first 12 months of participation, $50 per month per eligible covered employee for the next 12 months of participation and $35 per month per eligible covered employee [...]

Am I Eligible for the Nebraska Community Development Assistance Act Credit?

Who Must File. Any eligible claimant must file the Nebraska Community Development Assistance Act Credit Computation, Form CDN, to claim a credit. When and Where to File. This computation must be completed and attached to the income or financial institution tax return filed with the Nebraska Department of Revenue (Department) or with the premium tax return filed with the Nebraska Department [...]

Kansas Single City Port Authority Form K-76

K.S.A. 79-32,212 created an income tax credit in an amount equal to 100% of the amount attributable to the retirement of indebtedness authorized by a single city port authority established before January 1, 2002. Upon certification by Secretary of Revenue of the amount of the credit to the Director of Accounts and Reports, a warrant for the amount of the credit will be issued. Such payment is [...]