Kansas Community Service Contribution Credit

Community Service Contribution Credit
K-60 Kansas Community Service Contribution Credit Rev. 8-22
K-60

KANSAS

191718

COMMUNITY SERVICE CONTRIBUTION CREDIT

(Rev. 8-22)

For the taxable year beginning _________________________________ , 20 _______ ; ending _______________________________ , 20 ______
Name of taxpayer (as shown on return)

Social Security Number or Employer ID Number (EIN)

If partner, shareholder or member, enter name of partnership, S corporation, LLC or LLP

Employer ID Number (EIN)

Type of Taxpayer (check one):

Authorized Credit Percentage:

o Corporation, Form K-120

o Individual, Form K-40

o	
50%

o Partnership or S Corporation, Form K-120S

o Fiduciary, Form K-41

o	
70%

o Bank, Trust Company or Savings
and Loan, Form K-130

CERTIFICATE NUMBER: ______________________________________________________________
IMPORTANT: Complete a separate Schedule K-60 for each community service organization contributed to this taxable year.
Contributions were made to: ___________________________________________________________________________________________________________________________________________________
Community Service Organization Name

___________________________________________________________________________________________________________________________________________________________________________________________

Street, PO Box, or RR

City

State

Zip Code

PART A– COMPUTATION OF CREDIT AVAILABLE FOR THIS YEAR’S CONTRIBUTION
1. Total contributions made to the approved community service organization this tax year.

1.

_______________________________

2. Enter your proportionate share percentage (see instructions).

2.

_______________________________

3. Your share of contributions (multiply line 1 by line 2; see instructions). Enter this amount on the
applicable line of your return for addition modifications.

3.

_______________________________

4. Authorized credit percentage (see instructions for appropriate percentage).

4.

_______________________________

5. Your share of the credit for the contributions made this year (multiply line 3 by line 4).

5.

_______________________________

50% or 70%

PART B – COMPUTATION OF THIS YEAR’S CREDIT
6. Total amount of carry forward available on this return (enter amount of available carry forward from
the prior year’s Schedule K-60).

6.

_______________________________

7. Total credit available this tax year (add lines 5 and 6).
Important: If you are filing Forms K-120 or K-130 and are claiming this credit subject to refund (see
instructions for Parts C and D), stop here and enter this amount on the appropriate line of your return.
Form K-120 and K-130 filers generally will not complete lines 8-11 unless claiming an assigned credit
or a credit for contributions made prior to 12/31/97.
7.

_______________________________

8. Amount of your total tax liability for this tax year after all credits other than this credit (see instructions). 8.

_______________________________

9. Amount of credit this tax year (enter the lesser of lines 7 or 8 here and on the appropriate line of
your return).

9.

_______________________________

10.

_______________________________

If line 9 is less than line 7, complete PART C or PART D.

PART C – COMPUTATION OF REFUNDABLE PORTION OF CREDIT (see instructions)
10. Excess credit to be refunded (subtract line 9 from line 7 and enter the result here and on the
refundable credit line of your return).

PART D – COMPUTATION OF CARRY FORWARD CREDIT (Only for those taxpayers claiming an assigned credit)
11. Amount of excess credit available to carry forward to next year’s return (subtract line 9 from line 7).
Enter this amount on line 6 of next year’s Schedule K-60.

11.

_______________________________

INSTRUCTIONS FOR SCHEDULE K-60

GENERAL INFORMATION

K.S.A. 79-32,195 et seq. provides for an income, privilege or
premiums tax credit for contributions to an approved community
service organization engaged in providing community services.
Programs and organizations eligible to offer this credit to
their contributors are approved by the Director of Community
Development of the Kansas Department of Commerce (KDOC).
The credit is either 50% of the total amount contributed during
the taxable year, or 70% of the total amount contributed during
the taxable year if the approved community service organization
is located in a rural community as defined in the law. If the credit
allowed exceeds the tax liability, the excess will be refunded.
Exception: A business firm who acquired the tax credit from
a business firm not subject to Kansas income, privilege or
premiums tax must carry forward the unused assigned credit. The
credit may be carried forward for up to 5 years, except that the
total credit must be claimed within 10 years after the tax year the
contribution was made.
Addition Modification Required. Taxpayers claiming this
credit (except those claiming an assigned credit) must make an
addition modification on the Kansas return for the amount of any
charitable contribution claimed on the federal return and used as
the basis for the Community Service Contribution Credit.
Assigned Credits. If you are claiming a credit that was sold,
assigned, or conveyed to you by a business firm not subject to
Kansas tax, you must enclose with Schedule K-60 copies of the
written agreement assigning the credit, the notification sent to
the Director of Community Development, KDOC, as well as the
acknowledgment letter received from KDOC.
IMPORTANT: If you are claiming a new community
service contribution credit for contributions made this
tax year, you will receive an approval from the
community service organization eligible to offer this credit. This
approval may be an approved tax credit application or a tax
credit certificate. Be sure to keep a copy for your records as the
Kansas Department of Revenue reserves the right to request
any certifications or copies of written agreements as necessary.

K.S.A. 74-50,227 requires the collection of certain tax incentive
information for publication on a database managed by the Kansas
Department of Commerce. Information collected will include the
name and address, including county of the recipient receiving the
benefits from the tax incentive program, the annual amount of
incentive claimed, distributed or received, qualification criteria for
the incentive, and required benchmarks for continued participation
in the program and progress made towards the benchmarks.
SPECIFIC LINE INSTRUCTIONS
Enter all requested information at the top of this schedule.
Complete a separate Schedule K-60 for each community
service organization you contributed to during the tax year.
PART A – COMPUTATION OF CREDIT FOR THIS YEAR’S
CONTRIBUTION
LINE 1 – Enter the total contributions made to the community
service organization this tax year.
LINE 2 – Partners, shareholders or members: Enter the percentage
that represents your proportionate share in the partnership, S
corporation, LLC or LLP. All other taxpayers: Enter 100%.
Partners, shareholders or members of pass through entities
that have NOT elected to be taxed at the entity level: Enter the
percentage that represents your proportionate share in the
partnership, S Corporation, LLC or LLP. If you have elected to
be taxed at the entity level, enter the sum of the percentages
being taxed. All other taxpayers: Enter 100%.
LINE 3 – Multiply line 1 by line 2, and enter the result on line 3.

This is your share of the contributions made and claimed as
the basis for the credit this tax year. Enter this amount on
the applicable line of your return for the required addition
modification.
LINE 4 – Circle the credit percentage that was authorized by the
Kansas Department of Commerce.
LINE 5 – Multiply line 3 by line 4. Enter the result on line 5. This is
the maximum allowable credit.
PART B – COMPUTATION OF THIS YEAR’S CREDIT
LINE 6 – Enter the amount of any carry forward available from
a prior year’s Schedule K-60. Enclose a copy of your prior
year’s Schedule K-60.
LINE 7 – Add lines 5 and 6 and enter the result. This is the total
credit available for this tax year.
LINE 8 – Enter your total Kansas tax liability after all credits other
than this credit. This is the maximum amount of credit allowed
as a result of contributions made this tax year. (K-120 filers
will enter this amount in Part I of Form K-120 if the credit is not
an assigned credit or one not eligible for refund.)
LINE 9 – Enter the lesser of lines 7 or 8. Enter this amount on the
appropriate line of your return.
PART C – COMPUTATION OF REFUNDABLE PORTION OF
CREDIT
If you are claiming this credit based on contributions made
after December 31, 1997, complete Part C. However, if you are
claiming an assigned credit, skip line 10 and complete line 11.
LINE 10 – Subtract line 9 from line 7. This is the excess credit to
be refunded. Enter this amount on the line provided on your
return for the refundable portion of tax credits.
PART D – COMPUTATION OF CREDIT CARRY FORWARD
(certain taxpayers only)
You must use Part D if you are a business firm who acquired
the tax credit from a business firm not subject to Kansas income,
privilege, or premiums tax. Assigned credits must be carried
forward – they are not eligible for refund.
LINE 11 – Subtract line 9 from line 7 (cannot be less than zero).
This is the amount of credit you have available to enter on
next year’s Schedule K-60. Keep a copy of this form to file
with your tax return and Schedule K-60 for next year.
TAXPAYER ASSISTANCE
Questions about the community service organizations eligible
to offer this credit to their contributors should be addressed to:
Kansas Department of Commerce
1000 SW Jackson, Suite 100
Topeka, KS 66612-1354
Phone: 785-296-4100
kansascommerce.gov

For assistance in completing this schedule contact the Kansas
Department of Revenue:
Taxpayer Assistance Center
Scott Office Building
120 SE 10th Ave
PO Box 750260
Topeka KS 66699-0260
Phone: 785-368-8222
Fax: 785-291-3614
Additional copies of this credit schedule and other tax forms are
available from our website at: ksrevenue.gov