Kentucky Form 740 Np – Fill Out and Use This PDF

The Kentucky 740 NP form serves as an income tax return for individuals who either lived outside Kentucky for the entire year or resided in the state for only a part of the year, categorizing them as nonresidents or part-year residents, respectively. It requires attachments of Form W-2, Wage and Tax Statement(s), and contributions to various funds, highlighting the taxpayer's financial interactions with state obligations. To ensure compliance and possibly benefit from deductions and credits, one should accurately complete and submit the Kentucky 740 NP form by clicking the button below.

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Kentucky Form 740 Np PDF Details

The Kentucky 740 NP form plays a crucial role for nonresidents or part-year residents as they navigate the complexities of state income tax obligations. This comprehensive document ensures that individuals who have earned income in Kentucky but do not reside there for the entire year can accurately report their earnings and calculate their tax liabilities. It accommodates various financial scenarios by requiring attachments like Form W-2, Wage and Tax Statement(s), and detailing instructions for amended returns. The form meticulously breaks down into sections covering filing status, income, tax credits, and contributions to various funds, reflecting a commitment to both taxpayer duty and community support through optional donations to causes such as child victims’ trust funds and veterans’ programs. Furthermore, distinctions between nonitemizers and itemizers, alongside specific deductions and adjustments to income, illustrate the form's adaptability to diverse financial profiles. Correctly navigating the 740 NP ensures that taxpayers meet their obligations while potentially taking advantage of credits and deductions appropriate for their filing status, thereby underscoring the importance of understanding and accurately completing this document.

Question	Answer
Form Name	Kentucky Form 740 Np
Form Length	2 pages
Fillable?	No
Fillable fields	0
Avg. time to fill out	30 sec
Other names	42a740np itemizers enter itemized deductions from kentucky schedule a form 740 np

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Attach Form W-2, Wage and Tax Statement(s) and Payment Here—Staple to Top Page Only

740-NP						KENTUCKY INCOM E TAX RETURN
42A740-S9						NONRESIDENT OR PART-YEAR RESIDENT
Departm ent of Revenue							¸ Check if Amended Return
							¸ Check if Amended Return													2004
				For calendar year or other taxable year beginning _______________ , 2004, and ending _______________ , 2005 .																2004
			Nam e—Last, First, M iddle Initial (Joint return, give both nam es and initials.)											Your Social Security Num ber
Use	➤											B.
	➤
	L
Kentucky	L
Kentucky	A		M ailing Address (Num ber and Street Including Apartm ent Num ber or P.O. Box)										Spouse's Social Security Num ber
label if	A												Spouse's Social Security Num ber
label if
correct.	B											A.


Otherw ise	E
print or	L		City, Tow n or Post Office							State	ZIP Code			POLITICAL PARTY FUND
type.	L		City, Tow n or Post Office							State	ZIP Code

	➤
	➤											Designating $2 w ill not change your refund
												Designating $2 w ill not change your refund
															or tax due.
	1			Single
			✔
			✔
FILING	2			M arried, filing joint return.											A. Spouse					B. Yourself


STATUS

	3			M arried, filing separate returns. Enter spouse's Social Security								Democratic				(1)					(4)
(see	3											Democratic				(1)					(4)
				num ber above and full nam e here.								Republican				(2)					(5)

instructions)
												No Designation				(3)					(6)
																		✔				✔
																		✔				✔

CREDITS	COM PLETE PAGE 2 OF THIS FORM BEFORE COM PLETING LINES 4 THROUGH 31.																	OFFICIAL USE ONLY
CREDITS
	4		Enter total tax credits claim ed on page 2, line 35									➤						1	2	3	4	5
																		1	2	3	4	5

	5		Enter am ount from page 2, line 62, Colum n A. This is your federal Adjusted Gross Income													5						00
	6		Enter am ount from page 2, line 62, Colum n B. This is your Kentucky Adjusted Gross Income													6						00
TAXABLE	7		Nonitemizers: Enter $1,870. Skip lines 8(a) and 8(b) (do not prorate)													7						00
INCOM E	8		(a)	Itemizers: Enter item ized deductions from Kentucky Schedule A,
INCOM E				Form 740-NP								8(a)				00
				Form 740-NP								8(a)				00
			(b)	M ultiply line 8(a) by the percentage (				%)
																00
				from page 2, line 63								8(b)				00
	9		Subtract line 7 or line 8(b) from line 6. This is your Taxable Income													9						00
TAX	10		Enter tax from Form 740-NP Tax Table													10						00
TAX	11		M ultiply $20 by num ber of tax credits claim ed (from line 4)									11				00
	11											11				00
	12		M ultiply line 11 by the percentage (						%) from page 2, line 63			12				00
	13		Other tax credits (see instructions)									13				00
	14		Subtract lines 12 and 13 from line 10													14						00
	15		Enter Low Income Credit from w orksheet in the instructions													15						00
	16		Subtract line 15 from line 14													16						00
	17		Enter Child and Dependent Care Credit from w orksheet in the instructions													17						00
	18		Subtract line 17 from line 16. This is your Income Tax Liability													18						00
	19		Enter KENTUCKY USE TAX from w orksheet in the instructions													➤ 19						00
	20		Add lines 18 and 19. This is your Total Tax Liability													20						00
	21		(a)	Enter Kentucky income tax w ithheld as show n
				on attached 2004 Form W-2, Wage and Tax Statem ent(s)								21(a)				00
			(b)	Enter 2004 Kentucky estim ated tax paym ents								21(b)				00
	22		Add lines 21(a) and 21(b)													22						00
	23		.................................If line 22 is larger than line 20, enter AM OUNT OVERPAID (see instructions)													23						00
See	24 Nature and Wildlife Fund Contribution
See		¸ $2			¸ $5	¸ $10 ¸ Other			Enter am ount checked			24				00
instruc-		¸ $2			¸ $5	¸ $10 ¸ Other			Enter am ount checked			24				00
tions for a	25		Child Victims’ Trust Fund Contribution
detailed		¸ $2			¸ $4	¸ Other		Enter am ount checked				25				00
description		¸ $2			¸ $4	¸ Other		Enter am ount checked				25				00
description	26		Bluegrass State Games and U.S. Olympic Committee Fund Contribution									26				00
of funds.	26											26				00
	27		Veterans’ Program Trust Fund Contribution					........................................................				27				00
	28		Add lines 24 through 27														28					00
	29		..............Am ount of line 23 to be CREDITED to your 2005 estim ated tax									ESTIM ATED TAX					29					00

	30		Subtract lines 28 and 29 from line 23. Am ount to be REFUNDED TO YOU									..............		REFUND			30					00

31If line 20 is larger than line 22, enter AM OUNT YOU OWE. Attach check for full am ount payable to Kentucky State Treasurer. Write your Social Security num ber and "KY Incom e

Tax—2004" on the check. Place on TOP of w age and tax statem ents	OWE 31	00
Check ¸ if Form 2210-K is attached (see instructions)
Official
Use Only	EST CF NT P B F	R

Kentucky Form 740 Np – Fill Out and Use This PDF

Kentucky Form 740 Np PDF Details

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