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-32?
A: Schedule K-32 is a form used in Kansas to claim the Regional Foundation Contribution Credit.
Q: What is the Regional Foundation Contribution Credit?
A: The Regional Foundation Contribution Credit is a tax credit available to taxpayers in Kansas who make a qualified contribution to a regional foundation.
Q: Who is eligible for the Regional Foundation Contribution Credit?
A: Taxpayers in Kansas who make a qualified contribution to a regional foundation are eligible for the credit.
Q: What is a regional foundation?
A: A regional foundation is a charitable organization that provides support to specific regions or communities in Kansas.
Q: How much is the Regional Foundation Contribution Credit?
A: The credit is equal to 40% of the taxpayer's qualified contribution to a regional foundation.
Q: How do I claim the Regional Foundation Contribution Credit?
A: To claim the credit, you need to complete and attach Schedule K-32 to your Kansas tax return.
Q: Are there any limitations or restrictions for the Regional Foundation Contribution Credit?
A: Yes, there are limitations on the amount of credit that can be claimed and the types of contributions that qualify. Consult the instructions for Schedule K-32 for more information.
Form Details:
Download a fillable version of Schedule K-32 by clicking the link below or browse more documents and templates provided by the Kansas Department of Revenue.