Form 41A720-S4 Schedule 851-K "Kentucky Affiliations and Payment Schedule" - Kentucky

What Is Form 41A720-S4 Schedule 851-K?

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

Form Details:

  • Released on October 1, 2019;
  • The latest edition provided by the Kentucky Department of Revenue;
  • Easy to use and ready to print;
  • Quick to customize;
  • Compatible with most PDF-viewing applications;
  • Fill out the form in our online filing application.

Download a fillable version of Form 41A720-S4 Schedule 851-K by clicking the link below or browse more documents and templates provided by the Kentucky Department of Revenue.

ADVERTISEMENT
ADVERTISEMENT

Download Form 41A720-S4 Schedule 851-K "Kentucky Affiliations and Payment Schedule" - Kentucky

Download PDF

Fill PDF online

Rate (4.8 / 5) 24 votes
Page background image
851-K
*1900030208*
K
A
2019
ENTUCKY
FFILIATIONS
P
S
AND
AYMENT
CHEDULE
Commonwealth of Kentucky
Department of Revenue
List the parent corporation and all subsidiaries.
See instructions.
Attach to the elective consolidated income tax return (Form 720).
Parent Corporation Tax Payments
Federal
Kentucky
Corp.
Identification
Corporation/LLET
Estimated
Extension
No.
Prior Year Credit
Name of Parent Corporation
Number
Account Number
Payment(s)
Payment
1
Stock Ownership
Subsidiary(ies) Tax Payments
Information
Owned
Percent
Federal
Kentucky
Prior
Percent
Corp.
by
of Voting
Year
Estimated
Extension
of
Identification
Corporation/LLET
Corp.
No.
Power
Credit
Payment(s)
Payment
Value
Names of Subsidiary Corporations
Number
Account Number
No.
2
%
%
3
%
%
4
%
%
5
%
%
6
%
%
7
%
%
8
%
%
9
%
%
10
%
%
41A720-S4 (10-19)
Page 1 of 2
851-K
*1900030208*
K
A
2019
ENTUCKY
FFILIATIONS
P
S
AND
AYMENT
CHEDULE
Commonwealth of Kentucky
Department of Revenue
List the parent corporation and all subsidiaries.
See instructions.
Attach to the elective consolidated income tax return (Form 720).
Parent Corporation Tax Payments
Federal
Kentucky
Corp.
Identification
Corporation/LLET
Estimated
Extension
No.
Prior Year Credit
Name of Parent Corporation
Number
Account Number
Payment(s)
Payment
1
Stock Ownership
Subsidiary(ies) Tax Payments
Information
Owned
Percent
Federal
Kentucky
Prior
Percent
Corp.
by
of Voting
Year
Estimated
Extension
of
Identification
Corporation/LLET
Corp.
No.
Power
Credit
Payment(s)
Payment
Value
Names of Subsidiary Corporations
Number
Account Number
No.
2
%
%
3
%
%
4
%
%
5
%
%
6
%
%
7
%
%
8
%
%
9
%
%
10
%
%
41A720-S4 (10-19)
Page 1 of 2
8
INSTRUCTIONS FOR FORM 851-K—KENTUCKY AFFILIATIONS AND
SCHEDULE
51-K
Page 2 of 2
(2019)
PAYMENT SCHEDULE
Purpose of Form—This form must be completed and attached to the Kentucky Corporation Income Tax and Limited Liability Entity Tax (LLET)
Return (Form 720) if the corporation is filing an elective consolidated tax return per KRS 141.201.
The information requested on this form identifies the parent of the affiliated group, each subsidiary included in the elective consolidated
return, and their respective payments. This information is necessary in order to identify the corporations included in the affiliated group and
to avoid unnecessary correspondence from the Department of Revenue such as delinquency notices to subsidiaries.
Elective Consolidated Return—For tax years beginning on or after January 1, 2019, KRS 141.201 provides that an affiliated group may elect
to file a consolidated return which includes all members of the federal affiliated group.
General Instructions
Enter the name, federal identification number, and, if applicable, the Kentucky Corporation/LLET Account Number of the parent corporation
and each subsidiary included in the elective consolidated tax return. If the parent corporation has more than nine (9) subsidiaries, attach
additional Forms 851-K as needed.
Tax Payments
Line 1—Enter the total LLET and corporation income tax paid by the parent, including the overpayments applied from the prior year,
estimated tax payments, and amounts paid with extension Form 720EXT.
Lines 2-10—Enter the total LLET and corporation income tax paid, including overpayments applied from the prior year, estimated tax
payments, and amounts paid with extension Form 720EXT, by each subsidiary included in the elective consolidated return.
Stock Ownership Information
Lines 2-10—Enter the following values for each subsidiary:
Percent of Value—Enter the percent of value owned by a corporation or corporations included in the affiliated group.
Percent of Voting Power—Enter the percent of voting power owned by a corporation or corporations included in the affiliated group.
Owned by Corporation No.—Enter the number of the corporation or corporations which owns each subsidiary.
For example, if subsidiary corporation number 2 is owned by parent corporation number 1, enter 1; or if subsidiary corporation number 2
is owned by corporation numbers 1, 7, and 10, enter 1, 7, 10.
41A720-S4 (10-19)
Page of 2