This version of the form is not currently in use and is provided for reference only. Download this version of Schedule K-59 for the current year.
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.
Q: What is Schedule K-59?
A: Schedule K-59 is a form used in Kansas to claim High Performance Incentive Program (HPIP) credits.
Q: What is the Kansas High Performance Incentive Program (HPIP)?
A: The Kansas High Performance Incentive Program (HPIP) is a program that provides incentives to businesses that make capital investments in their operations and create new jobs.
Q: What are HPIP credits?
A: HPIP credits are tax credits that businesses can claim as part of the High Performance Incentive Program. These credits can help reduce the amount of tax owed by the business.
Q: Who is eligible for HPIP credits?
A: Eligibility for HPIP credits is limited to businesses that make capital investments in their operations and create new jobs in Kansas.
Q: How can businesses claim HPIP credits?
A: Businesses can claim HPIP credits by filing Schedule K-59 along with their Kansas tax return.
Q: Are there any limitations or restrictions on HPIP credits?
A: Yes, there are limitations and restrictions on HPIP credits. The specific details can be found in the HPIP program guidelines.
Form Details:
Download a fillable version of Schedule K-59 by clicking the link below or browse more documents and templates provided by the Kansas Department of Revenue.