Kentucky Notice of ENDOW Kentucky Tax Credit and Certification KRS 141.438
Extracted from PDF file 2020-kentucky-schedule-endow.pdf, last modified March 2011
Notice of ENDOW Kentucky Tax Credit and Certification KRS 141.438Schedule ENDOW NOTICE OF ENDOW KENTUCKY TAX CREDIT AND CERTIFICATION 41A720-S86 (2-11) Commonwealth of Kentucky DEPARTMENT OF REVENUE KRS 141.438 ➤ See instructions. A Name of Taxpayer B Federal Identification Number or Social Security Number Street Address or P. O. Box Telephone City State D Type of Entity: ¨ Individual ¨ General Partnership ¨ Estate C Kentucky Corporation/LLET Account Number (if applicable) ZIP Code ¨ Trust ¨ Corporation Fax Number ¨ Limited Liability Pass-through Entity ¨ Other E Date the Endowment Gift was made to the Approved F Amount of Endowment Gift Foundation G Date of the Department’s Pre– liminary Authorization of Credit / / Mo. Day / / Yr. H Name of Qualified Community Foundation or Affiliate Community Foundation I Federal Identification Number Mo. Day Yr. Telephone Fax Number Street Address or P. O. Box City State ZIP Code J If applicable, name of Permanent Endowment Fund or County-Specific Component Fund receiving the gift Under penalties of perjury, I declare that the Foundation is a qualified community foundation as provided by KRS 147A.310(6); that the endowment gift listed above is held in a permanent endowment as provided by KRS 147A.310(4); and that I have examined this schedule, including all accompanying documents and statements, and to the best of my knowledge and belief, it is true, correct and complete. By: ______________________________________________ ___________________________________________________ Signature of Foundation Officer (or designee) Print Name: ______________________________________ Title: ____________________________________________ Date Department of Revenue Use Only Endow Kentucky tax credit approved by the Department of Revenue. Amount By: ___________________________________________ Date: ______________________ Hand–delivery: Department of Revenue, 1st floor security desk at 501 High Street, Frankfort, Kentucky Fax: (502) 564-0058 E-mail: [email protected] 41A720-S86 (2-11) Commonwealth of Kentucky DEPARTMENT OF REVENUE INSTRUCTIONS—NOTICE OF ENDOW KENTUCKY TAX CREDIT AND CERTIFICATION As provided by KRS 141.438(8)(b), a taxpayer within thirty (30) days of receiving the Department of Revenue = qÜÉ=éêçÅÉëë=Ñçê=Ñáå~äáòáåÖ=íÜÉ=ÉåÇçïãÉåí=ÖáÑí=~ÑíÉê=éêÉäáãáå~êó=~ìíÜçêáò~íáçå=áë=êÉÅÉáîÉÇ=áë=ëÉí=ÑçêíÜ=áå=NMP=h^o=NRWNVRb (department) notice of preliminary authorization of the Endow Kentucky tax credit shall make the endowment gift pÉÅíáçå=QI=çê=NMP=h^o=NRWNVR=pÉÅíáçå=QK=^ää=èìÉëíáçåë=ëÜ~ää=ÄÉ=ÇáêÉÅíÉÇ=íçW= toho`Ktb_oÉëéçåëÉbÅçåçãáÅaÉîÉäçéãÉåí`êÉÇáíë]âóKÖçîK the permanent endowment held by the approved foundation (qualified community foundation, county–specific component fund, or affiliate community foundation). Within ten (10) days of making the endowment gift, the ^==í~ñé~óÉê==ëÜ~ää=~íí~ÅÜ==~=Åçéó=çÑ=íÜÉ=~ééêçîÉÇ==pÅÜÉÇìäÉ==bkalt==íç=íÜÉ=í~ñ=êÉíìêå=É~ÅÜ=óÉ~ê=íç=Åä~áã=íÜÉ=í~ñ=ÅêÉÇáí= taxpayer shall file Schedule ENDOW, Notice of Endow Kentucky Tax Credit and Certification, with the department as~Ö~áåëí=íÜÉ=í~ñÉë=áãéçëÉÇ=Äó=hop=NQNKMOM=çê=NQNKMQM=~åÇ=NQNKMQMNK==qÜÉ=çêÇÉêáåÖ=çÑ=íÜÉ=ÅêÉÇáíë=ëÜ~ää=ÄÉ=~ë==éêçîáÇÉÇ proof of the endowment gift. Äó=hop=NQNKMOMRK Schedule ENDOW shall be delivered to the department via fax, e–mail, or hand–delivery as provided on page 1 of ^=é~êíåÉêI=ãÉãÄÉêI=çê=ëÜ~êÉÜçäÇÉê=çÑ=~=é~ëëJíÜêçìÖÜ=Éåíáíó=ëÜ~ää=~íí~ÅÜ=~=Åçéó=çÑ=pÅÜÉÇìäÉ=hJNI=cçêã=TOMpX==pÅÜÉÇìäÉ this form. The department shall not accept a Schedule ENDOW by any other delivery method. An e–mail of Schedule hJNI==cçêã=TSRX=çê==pÅÜÉÇìäÉ=hJNI==cçêã=TSRJdm==íç=íÜÉ==é~êíåÉêDëI==ãÉãÄÉêDëI=çê==ëÜ~êÉÜçäÇÉêDë=í~ñ=êÉíìêå=É~ÅÜ=óÉ~ê=íç= ENDOW shall be a scanned copy containing the signature of the foundation officer or designee. The date and time Åä~áã=íÜÉ=í~ñ=ÅêÉÇáíK that a Schedule ENDOW is received by the department shall be used to determine whether a taxpayer has made timely notification as required by KRS 141.438(7) and (8). ^==ÄÉåÉÑáÅá~êó=çÑ==~å==Éëí~íÉ=çê==íêìëí==ëÜ~ää==~íí~ÅÜ=~=Åçéó=çÑ=íÜÉ==pÅÜÉÇìäÉ=hJNI=cçêã=TQNI=íç=íÜÉ=ÄÉåÉÑáÅá~êóDë=í~ñ=êÉíìêå= É~ÅÜ=óÉ~ê=íç=Åä~áã=íÜÉ=í~ñ=ÅêÉÇáíK If the taxpayer fails to make an endowment gift to the approved foundation within thirty (30) days of receiving the department’s preliminary authorization of the Endow Kentucky tax credits, or does not provide proof of the endowment gift by filing Schedule ENDOW with the department within ten (10) days of making the gift, the department shall void the preliminary authorization and shall restore the allocated amount to the tax credit cap. If the department is satisfied that the endowment gift was made to the approved foundation, the department shall return a copy of Schedule ENDOW to the taxpayer containing the department’s written approval of the Endow Kentucky tax credit. Schedule ENDOW will not be deemed received unless all items are completed, including the certification by the foundation’s officer (or designee). Page 2
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More about the Kentucky Schedule ENDOW Corporate Income Tax TY 2020
We last updated the Notice of ENDOW Kentucky Tax Credit and Certification KRS 141.438 in June 2021, so this is the latest version of Schedule ENDOW, fully updated for tax year 2020. You can download or print current or past-year PDFs of Schedule ENDOW directly from TaxFormFinder. You can print other Kentucky tax forms here.
Other Kentucky Corporate Income Tax Forms:
|Form Code||Form Name|
|Form PTE Instructions||Kentucky Pass-Through Entity Income and LLET Return - Instructions|
|Form 725||Kentucky Single Member LLC Individually Owned & LLET Return|
|Form 720-ES||Kentucky Estimated Tax Voucher - Corporation Income/Limited Liability Entity Tax - Form 41A720ES|
|Form PTE||Kentucky Pass-Through Entity Income and LLET Return|
|Form 720S||Kentucky S Corporation Income Tax and LLET Return|
Kentucky usually releases forms for the current tax year between January and April. We last updated Kentucky Schedule ENDOW from the Department of Revenue in June 2021.
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 Kentucky Schedule ENDOW
We have a total of eight past-year versions of Schedule ENDOW in the TaxFormFinder archives, including for the previous tax year. Download past year versions of this tax form as PDFs here:
103 KAR 15_195 MIR 41A720-S86 (2-11)--ec
While we do our best to keep our list of Kentucky 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.