×
tax forms found in
Tax Form Code
Tax Form Name

Kansas Free Printable K-72 Law Enforcement Training Center Credit Rev. 8-19 for 2021 Kansas Law Enforcement Training Center Credit

Tax season is open, and returns are due on April 16th! Save by eFiling early with TurboTax start now

It appears you don't have a PDF plugin for this browser. Please use the link below to download 2019-kansas-form-k-72.pdf, and you can print it directly from your computer.

Law Enforcement Training Center Credit
K-72 Law Enforcement Training Center Credit Rev. 8-19

K-72 (Rev. 8-19) 192218 KANSAS LAW ENFORCEMENT TRAINING CENTER CREDIT For the taxable year beginning _________________ , 20____ ; ending _________________ , 20____ . Name of taxpayer (as shown on return) Social Security Number or Employer ID Number (EIN) If partner, shareholder or member, enter name of partnership, S corporation, LLC or LLP Employer ID Number (EIN) PART A – COMPUTATION OF CREDIT 1. Total amount of cash contributed to the Kansas Law Enforcement Training Center this tax year. 1. _________________ 2. Maximum percentage allowed. 50% 2. _________________ 3. Maximum allowable credit for this tax year (multiply line 1 by line 2). 3. _________________ 4. Proportionate share percentage (see instructions). 4. _________________ 5. Your share of the credit for this year’s investment (multiply line 3 by line 4). 5. _________________ PART B – COMPUTATION OF TOTAL CREDIT CLAIMED THIS TAX YEAR 6. Amount of available carry forward from the prior year’s Schedule K-72. 6. _________________ 7. Total credit available this tax year (add lines 5 and 6). 7. _________________ 8. Amount of your Kansas tax liability for this year after all credits other than this credit. 8. _________________ 9. Amount of credit allowable this tax year (enter the lesser of line 7 or line 8). Enter this amount on the appropriate line of Form K-40, K-41, or Form K-120. 9. _________________ If line 9 is less than line 7, complete PART C. PART C – COMPUTATION OF CREDIT CARRY FORWARD 10. Amount of credit to carry forward to next year’s Schedule K-72 (subtract line 9 from line 7). 10. ________________ INSTRUCTIONS FOR SCHEDULE K-72 GENERAL INSTRUCTIONS K.S.A. 79-32,242 provides for a 50% tax credit for tax years commencing after December 31, 2005, against the income tax liability of a “business firm” for cash contributed to the Kansas Law Enforcement Training Center (KLETC). The purpose of which is the providing of programs and courses of instruction for full-time police officers and law enforcement officers designed to fulfill the continuing education and training requirements of such officers pursuant to K.S.A. 74-5607a, and amendments thereto. In no event shall the total amount of credits allowed in any one tax year exceed the amount of money the director of police training at the Kansas law enforcement training center has certified is necessary to provide such continuing education and training programs and courses of instruction for the fiscal year following such tax year. Certification shall be submitted to the secretary of revenue prior to the commencement of the applicable tax year. The credit allowed shall be deducted from the taxpayer’s income tax liability for the taxable year in which the contributions are made. If the amount of the credit allowed by this section exceeds the taxpayer’s income tax liability for such taxable year, such excess may be carried over for credit in the same manner in the succeeding taxable years until the total amount of the credit is used. ‘Business firm means any business entity authorized to do business in the state of Kansas which is subject to the state income tax imposed by the Kansas income tax act and any individual subject to the state income tax imposed by the Kansas income tax act. SPECIFIC LINE INSTRUCTIONS LINE 4 – Partners, shareholders or members: Enter the percentage that represents your proportionate share in the partnership, S corporation, LLC or LLP. All other taxpayers: Enter 100%. LINE 5 – Multiply line 3 by line 4 and enter result. This is your share of the total credit for the amount invested this year. PART B —COMPUTATION OF TOTAL CREDIT CLAIMED THIS TAX YEAR LINE 6 – Enter the carry forward amounts available from prior year’s K-72 schedules. LINE 7 – Add lines 5 and 6 and enter the result. LINE 8 – Enter your total Kansas tax liability for this tax year after all credits, other than this credit. LINE 9 – Enter the lesser of lines 7 or 8 here and on the appropriate line of Form K-40, K-41, or K-120. PART C —COMPUTATION OF CARRY FORWARD CREDIT LINE 10 – Subtract line 9 from line 7 and enter result. This amount cannot be less than zero. Enter this amount on next year’s Schedule K-72. IMPORTANT: Do not send any enclosures with this schedule, however keep copies of important documentation with your records. The Kansas Department of Revenue reserves the right to request additional information as necessary. TAXPAYER ASSISTANCE Questions about the KLETC and contributions there to should be addressed to: Enter all information as required at the top of the schedule. Kansas Law Enforcement Training Center P.O. Box 647 Hutchinson, KS 67504-0647 PART A - COMPUTATION OF CREDIT Phone: 620-694-1400 Website: www.kletc.org LINE 1 – Enter total amount of cash contributed to the KLETC this tax year for the purpose of providing programs and courses of instruction for full-time police officers and law enforcement officers designed to fulfill the continuing education and training requirements of such officers. LINE 2 – This percentage (50%) determines the maximum credit allowable by law. LINE 3 – Multiply line 1 by line 2 and enter result. This is the maximum credit allowable. For information and assistance in completing this schedule contact the Kansas Department of Revenue: Taxpayer Assistance Center Scott Office Building 120 SE 10th Ave. PO Box 750260 Topeka, KS 66699-0260 Phone: 785-368-8222 Website: ksrevenue.org
Extracted from PDF file 2019-kansas-form-k-72.pdf, last modified September 2011

More about the Kansas Form K-72 Corporate Income Tax Tax Credit

We last updated the Law Enforcement Training Center Credit in March 2020, and the latest form we have available is for tax year 2019. This means that we don't yet have the updated form for the current tax year. Please check this page regularly, as we will post the updated form as soon as it is released by the Kansas Department of Revenue. You can print other Kansas tax forms here.


eFile your Kansas tax return now

eFiling is easier, faster, and safer than filling out paper tax forms. File your Kansas and Federal tax returns online with TurboTax in minutes. FREE for simple returns, with discounts available for TaxFormFinder users!

File Now with TurboTax

Other Kansas Corporate Income Tax Forms:

TaxFormFinder has an additional 73 Kansas income tax forms that you may need, plus all federal income tax forms.

Form Code Form Name
Form K-41 Fiduciary Income Tax
Form K-4 Employees Withholding Allowance Certificate
Form K-59 High Performance Incentive Program Credits
Form K-89 Rural Opportunity Zone Credit Instructions
Form K-120ES Corporate Estimated Tax Payment Vouchers

Download all KS tax forms View all 74 Kansas Income Tax Forms


Form Sources:

Kansas usually releases forms for the current tax year between January and April. We last updated Kansas Form K-72 from the Department of Revenue in March 2020.

Show Sources >

Form K-72 is a Kansas Corporate Income Tax form. States often have dozens of even hundreds of various tax credits, which, unlike deductions, provide a dollar-for-dollar reduction of tax liability. Some common tax credits apply to many taxpayers, while others only apply to extremely specific situations. In most cases, you will have to provide evidence to show that you are eligible for the tax credit, and calculate the amount of the credit to which you are entitled.

About the Corporate Income Tax

The IRS and most states require corporations to file an income tax return, with the exact filing requirements depending on the type of company.

Sole proprietorships or disregarded entities like LLCs are filed on Schedule C (or the state equivalent) of the owner's personal income tax return, flow-through entities like S Corporations or Partnerships are generally required to file an informational return equivilent to the IRS Form 1120S or Form 1065, and full corporations must file the equivalent of federal Form 1120 (and, unlike flow-through corporations, are often subject to a corporate tax liability).

Additional forms are available for a wide variety of specific entities and transactions including fiduciaries, nonprofits, and companies involved in other specific types of business.

Historical Past-Year Versions of Kansas Form K-72

We have a total of seven past-year versions of Form K-72 in the TaxFormFinder archives, including for the previous tax year. Download past year versions of this tax form as PDFs here:


2019 Form K-72

K-72 Law Enforcement Training Center Credit Rev. 8-19

2018 Form K-72

K-72 Law Enforcement Training Center Credit (Rev. 8-11)

2017 Form K-72

K-72 Law Enforcement Training Center Credit (Rev. 8-11)

2016 Form K-72

K-72 Law Enforcement Training Center Credit (Rev. 8-11)

Credit Schedules 2015 Form K-72

K-72 Law Enforcement Training Center Credit (Rev. 8-11)

Credit Schedules 2013 Form K-72

K-72 Law Enforcement Training Center Credit (Rev. 8-11)

Credit Schedules 2011 Form K-72

K-72 Law Enforcement Training Center Credit (Rev. 8-11)


TaxFormFinder Disclaimer:

While we do our best to keep our list of Kansas Income Tax Forms up to date and complete, we cannot be held liable for errors or omissions. Is the form on this page out-of-date or not working? Please let us know and we will fix it ASAP.

** This Document Provided By TaxFormFinder.org **
Source: http://www.taxformfinder.org/kansas/form-k-72