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Kentucky Free Printable  for 2024 Kentucky Shareholders Share of Income, Credits, Deductions, Etc

720S - Schedule K-1 is obsolete, and is no longer supported by the Kentucky Department of Revenue.

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Shareholders Share of Income, Credits, Deductions, Etc
720S - Schedule K-1

SCHEDULE K-1 (Form 720S) Commonwealth of Kentucky Department of Revenue SHAREHOLDER’S SHARE OF INCOME, CREDITS, DEDUCTIONS, ETC. 2020 Schedule K-1 (Form 720S) has been discontinued for 2020 File Schedule K-1 (Form PTE), Owner’s Share of Income, Credits, Deductions, Etc. for tax years beginning January 1, 2020. 41A720S(K-1) (10-20)
Extracted from PDF file 2021-kentucky-720s-schedule-k-1.pdf, last modified January 2021

More about the Kentucky 720S - Schedule K-1 Corporate Income Tax Tax Credit

We last updated the Shareholders Share of Income, Credits, Deductions, Etc in March 2022, and the latest form we have available is for tax year 2021. This means that we don't yet have the updated form for the current tax year. Please check this page regularly, as we will post the updated form as soon as it is released by the Kentucky Department of Revenue. You can print other Kentucky tax forms here.

Related Kentucky Corporate Income Tax Forms:

TaxFormFinder has an additional 129 Kentucky income tax forms that you may need, plus all federal income tax forms. These related forms may also be needed with the Kentucky 720S - Schedule K-1.

Form Code Form Name
720S - Schedule K Kentucky Schedule K for S Corporations with Economic Development Project(s)

Download all KY tax forms View all 130 Kentucky Income Tax Forms


Form Sources:

Kentucky usually releases forms for the current tax year between January and April. We last updated Kentucky 720S - Schedule K-1 from the Department of Revenue in March 2022.

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720S - Schedule K-1 is a Kentucky Corporate Income Tax form. States often have dozens of even hundreds of various tax credits, which, unlike deductions, provide a dollar-for-dollar reduction of tax liability. Some common tax credits apply to many taxpayers, while others only apply to extremely specific situations. In most cases, you will have to provide evidence to show that you are eligible for the tax credit, and calculate the amount of the credit to which you are entitled.

About the Corporate Income Tax

The IRS and most states require corporations to file an income tax return, with the exact filing requirements depending on the type of company.

Sole proprietorships or disregarded entities like LLCs are filed on Schedule C (or the state equivalent) of the owner's personal income tax return, flow-through entities like S Corporations or Partnerships are generally required to file an informational return equivilent to the IRS Form 1120S or Form 1065, and full corporations must file the equivalent of federal Form 1120 (and, unlike flow-through corporations, are often subject to a corporate tax liability).

Additional forms are available for a wide variety of specific entities and transactions including fiduciaries, nonprofits, and companies involved in other specific types of business.

Historical Past-Year Versions of Kentucky 720S - Schedule K-1

We have a total of nine past-year versions of 720S - Schedule K-1 in the TaxFormFinder archives, including for the previous tax year. Download past year versions of this tax form as PDFs here:



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