Kansas

Kansas Targeted Employment Credit - K-69

Understanding the Kansas Targeted Employment Credit (K-69)

BS

Business Tax Specialist

Tax Expert

3 min read
Published on 6 months ago
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The Kansas Targeted Employment Credit is available to eligible employers that receive approval for hiring individuals from targeted employment groups under the Kansas Targeted Employment Act. This credit is non-refundable, cannot be carried forward, and may only be used once per taxable year against one of the following taxes: income, privilege, or premium tax.

Eligibility and Credit Limits

  • The Kansas Targeted Employment Act limits the total amount of targeted employment credits that may be authorized statewide during a tax year. Individual taxpayers may claim only the amount of credit approved and certified for their eligible employees.
  • The wage rate used to calculate the credit cannot exceed $7.50 per hour or a reasonable and customary market wage for a similar job, whichever is lower.
  • Employers must collect and report specific tax incentive information as required by K.S.A. 74-50,227 for inclusion in a state-managed database.

How to File Schedule K-69

Complete Schedule K-69 and attach it to your Kansas income, privilege, or premium tax return, as applicable. Retain any supporting documentation required to substantiate the credit claimed.

Source:

SCHEDULE K-69.pdf

Disclaimer: Always verify details with the official Kansas Department of Revenue forms and instructions. This information is for general guidance and may not apply to your specific situation. For complex tax matters, consult a CPA or tax attorney.

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