Kan. Admin. Regs. § 110-14-1

Current through Register Vol. 43, No. 46, November 14, 2024

Section 110-14-1 - Allocation of tax credit to program contributors

(a) The amount of the approved tax credit for each program contributor shall be certified by the department. A certification shall be sent by the department to the program contributor. The department of revenue shall be notified by the secretary of each certified program contributor and of the amount of the approved tax credit for the program contributor.

(b) Each program contributor shall submit the certification specified in subsection (a) with the program contributor's tax return filed with the department of revenue. The tax credit shall be claimed for only the tax year in which the contribution was made.

Authorized by K.S.A. 2005 Supp. 74-50,203; implementing K.S.A. 2005 Supp. 74-50,208; effective Dec. 29, 2006.