Which Form should be used to file a Kansas State Corporation Tax Return? According to Kansas Department of Revenue, the form that should be used to file a Kansas State corporation tax return is Form K-120, Kansas Corporation Income Tax.
In addition, Kansas Department of Revenue, requires that all corporations must enclose with Form K-120 Federal Pages 1 through 4 of the federal return or consolidated federal return, whichever is applicable, as filed with the Internal Revenue Service. In addition, Federal schedules to support any Kansas modifications claimed on page 1, Form K-120 are required to be attached to the tax return.
For a consolidated return, you must enclose a company-by-company spreadsheet of income and expense to total the consolidated federal taxable income and a company-by-company spreadsheet of the consolidated balance sheet including Schedules M-1 and M-2.„
Last edited by TaxGuru : 01-20-2009 at 11:18 PM.
|