Schedule K-37 Disabled Access Credit - Kansas

What Is Schedule K-37?

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-37?
A: Schedule K-37 is a tax form used in Kansas for claiming the Disabled Access Credit.

Q: What is the Disabled Access Credit?
A: The Disabled Access Credit is a tax credit available to businesses that incur expenses for making their facilities accessible to disabled individuals.

Q: Who is eligible for the Disabled Access Credit?
A: Businesses that have made eligible improvements to provide access to disabled individuals may be eligible for the credit.

Q: What kind of expenses can be claimed on Schedule K-37?
A: Expenses related to architectural adaptations, equipment purchases, and services to make a business facility more accessible to disabled individuals can be claimed.

Q: How much is the credit?
A: The credit is equal to 50% of eligible expenses, up to a maximum of $10,000 per taxable year.

Q: Can the credit be carried forward or backward?
A: No, the credit cannot be carried forward or backward. It can only be used to offset current-year tax liability.

Q: When is Schedule K-37 due?
A: Schedule K-37 is due on the same date as the Kansas income tax return, which is typically April 15th of the following year.

Q: Are there any additional requirements or documentation needed?
A: Yes, businesses must provide supporting documentation and evidence of the expenses claimed on Schedule K-37.

Q: Can individuals claim the Disabled Access Credit?
A: No, the credit is only available to businesses, not individuals.