Screen KYAdjS - Kentucky Adjustments and Limited Liability Tax (1120)

Show all hidden content

Additions

Taxes based on net and gross income
The application transfers amounts from the
Taxes and licenses
statement in federal Screens Inc and H, as well as from taxes entered in federal Screens Farm, Rent, and 4835. To include state and local taxes on Form 720S, Page 1, enter adjustments to state and local income taxes in the
State Amount
column of the statement.
Related party expenses
Enter the disallowed expenses incurred in transactions with related parties.

Subtractions

Depletion adjustment
For an additional subtraction for depletion, enter this value as a negative adjustment. To add back depletion, enter the value as a positive adjustment. The application automatically places it in the appropriate statement.

error-icon

Triva isn't available right now.

Check out the support page for our phone number and hours

error-close