Schedule K-30 Angel Investor Credit - Kansas

What Is Schedule K-30?

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-30 Angel Investor Credit?
A: Schedule K-30 Angel Investor Credit is a tax credit available in Kansas for individuals who invest in eligible small businesses.

Q: Who is eligible for Schedule K-30 Angel Investor Credit?
A: Individuals who invest in eligible small businesses in Kansas are eligible for Schedule K-30 Angel Investor Credit.

Q: What is an eligible small business for Schedule K-30 Angel Investor Credit?
A: An eligible small business for Schedule K-30 Angel Investor Credit is a Kansas-based business that meets certain criteria, such as being engaged in a qualified industry and having a certain level of capital investment.

Q: How much tax credit can be claimed through Schedule K-30 Angel Investor Credit?
A: The tax credit available through Schedule K-30 Angel Investor Credit can be up to 50% of the investor's equity investment in the eligible small business.

Q: How can I claim Schedule K-30 Angel Investor Credit?
A: To claim Schedule K-30 Angel Investor Credit, individuals need to complete and file Schedule K-30 along with their Kansas tax return.

Q: Is there a limit to the amount of Schedule K-30 Angel Investor Credit that can be claimed?
A: Yes, there is a limit to the amount of Schedule K-30 Angel Investor Credit that can be claimed. The total amount of credits available in a fiscal year is limited, and the credits are allocated on a first-come, first-served basis.

Q: Are there any other requirements for claiming Schedule K-30 Angel Investor Credit?
A: Yes, there are other requirements for claiming Schedule K-30 Angel Investor Credit, such as the investor being an accredited investor and the eligible small business meeting certain job creation requirements.