Schedule K-56 Child Day Care Assistance Credit - Kansas

What Is Schedule K-56?

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-56 Child Day Care Assistance Credit?
A: Schedule K-56 Child Day Care Assistance Credit is a tax credit available in the state of Kansas that helps offset the cost of child day care expenses.

Q: Who is eligible for the Schedule K-56 Child Day Care Assistance Credit?
A: Kansas residents who have incurred expenses for child day care services and meet certain income requirements may be eligible for the credit.

Q: What expenses are eligible for the Schedule K-56 Child Day Care Assistance Credit?
A: Expenses related to the care of a child under the age of 13 while the taxpayer or their spouse is working or looking for work may be eligible for the credit.

Q: How much is the Schedule K-56 Child Day Care Assistance Credit?
A: The credit amount is based on a percentage of the qualified child day care expenses paid by the taxpayer, up to certain limits.

Q: How do I claim the Schedule K-56 Child Day Care Assistance Credit?
A: To claim the credit, taxpayers must complete Schedule K-56 and attach it to their Kansas state income tax return.

Q: Are there any income limits for the Schedule K-56 Child Day Care Assistance Credit?
A: Yes, the credit is subject to income limits based on the taxpayer's modified adjusted gross income (MAGI).

Q: Is the Schedule K-56 Child Day Care Assistance Credit refundable?
A: No, the credit is non-refundable and can only be used to offset Kansas state income tax liability.