Schedule K-60 Community Service Contribution Credit - Kansas

What Is Schedule K-60?

This is a legal form that was released by the Kansas Department of Revenue - a government authority operating within Kansas. As of today, no separate filing guidelines for the form are provided by the issuing department.

FAQ

Q: What is Schedule K-60?A: Schedule K-60 is a form used in Kansas to claim the Community Service Contribution Credit.

Q: What is the Community Service Contribution Credit?A: The Community Service Contribution Credit is a tax credit in Kansas for individuals who make charitable contributions to qualified community service programs.

Q: How do I qualify for the Community Service Contribution Credit?A: To qualify for the Community Service Contribution Credit, you must make a monetary contribution to a qualified community service program in Kansas.

Q: What is considered a qualified community service program?A: A qualified community service program is an organization that provides direct services to individuals or families in need, and is approved by the Kansas Department of Revenue.

Q: How much is the tax credit?A: The tax credit is equal to 50% of the total amount of qualified contributions made during the tax year.

Q: How do I claim the tax credit?A: You can claim the tax credit by completing Schedule K-60 and including it with your Kansas state tax return.

Q: Is there a maximum credit amount?A: Yes, the maximum credit amount is $100 for individuals and $200 for married couples filing jointly.

Q: Are there any restrictions on claiming this credit?A: Yes, you cannot claim the credit if you are claiming the Kansas itemized deduction credit or if you are claiming any other credit that would reduce your Kansas tax liability.