The Kansas Community Service Contribution Credit, filed using Schedule K-60, allows Kansas taxpayers to claim a credit for contributions made to approved community service organizations. This credit is designed to encourage charitable giving to organizations that provide community services, such as food banks, homeless shelters, and youth programs.
Eligibility and Credit Calculation
Eligible Organizations: Contributions must be made to community service organizations approved under the Kansas Community Service Tax Credit Program.
Contribution Amount: The credit is calculated based on the qualifying contribution amount and the credit percentage authorized for the approved organization. The applicable credit percentage is provided through the tax credit certificate issued for the contribution.
Credit Amount: The allowable credit is generally 50% of the qualifying contribution. A 70% credit may apply for qualifying rural community organizations that meet the requirements under Kansas law. Taxpayers may claim only the amount of credit authorized and certified for the contribution.
Reporting Requirements
- A separate Schedule K-60 must be completed for each approved community service organization to which the taxpayer made a qualifying contribution during the tax year.
- Taxpayers must enter the required contribution and credit information from the tax credit certificate and attach Schedule K-60 to the Kansas income tax return. Taxpayers should retain the tax credit certificate and supporting documentation to substantiate the credit claimed.
How to File Schedule K-60
- Complete Schedule K-60 and attach it to your Kansas income tax return. Enter the required contribution and credit information from your tax credit certificate and complete all applicable lines of the schedule.
- Retain the tax credit certificate and any supporting documentation to substantiate the credit claimed.
Source:
Kansas Community Service Contribution Credit - Schedule K-60 (PDF)
Disclaimer: Always verify details with the official Kansas Department of Revenue forms and instructions for the current tax year. Tax rules may change annually, and individual circumstances may require professional advice from a CPA or tax attorney.