Schedule K-46 Kansas Friends of Cedar Crest Association Credit - Kansas

What Is Schedule K-46?

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-46?
A: Schedule K-46 is a form used in Kansas for claiming the Friends of Cedar Crest Association Credit.

Q: What is the Friends of Cedar Crest Association Credit?
A: The Friends of Cedar Crest Association Credit is a tax credit in Kansas that allows taxpayers to receive credit for contributions made to the Friends of Cedar Crest Association.

Q: Who is eligible for the Friends of Cedar Crest Association Credit?
A: Any Kansas taxpayer who makes a contribution to the Friends of Cedar Crest Association is eligible for the credit.

Q: What is the purpose of the Friends of Cedar Crest Association?
A: The Friends of Cedar Crest Association is a non-profit organization that provides support for the maintenance and preservation of the Kansas Governor's Residence, also known as Cedar Crest.

Q: How much is the credit for contributions to the Friends of Cedar Crest Association?
A: The credit is equal to 75% of the total amount of contributions made by the taxpayer, up to a maximum credit of $100 per taxpayer per year.

Q: How can I claim the Friends of Cedar Crest Association Credit?
A: To claim the credit, taxpayers must complete Schedule K-46 and include it with their Kansas state tax return.

Q: Is there a deadline for claiming the Friends of Cedar Crest Association Credit?
A: Yes, the credit must be claimed on the taxpayer's Kansas state tax return for the calendar year in which the contribution was made.

Q: Can I carry forward any unused credit?
A: No, any unused credit cannot be carried forward to future tax years and must be claimed in the year the contribution was made.