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Kansas Tax Credits And Other Credits

Explore the various tax credits available in Kansas and understand how to maximize your tax savings.

BS

Business Tax Specialist

Tax Expert

4 min read
Published on 6 months ago
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Kansas offers various tax credits for individuals and businesses to encourage activities such as education, workforce development, research and development, and charitable contributions. These credits reduce Kansas tax liability and must be claimed using the applicable Kansas credit schedules attached to the appropriate Kansas tax return.

The availability of credit limitations, carryforwards, refunds, and transferability depends on the specific credit and the requirements established under Kansas law.

Kansas Teacher’s Purchases of School and Classroom Supplies Tax Credit (Schedule K-91)

Available to eligible Kansas teachers who purchase qualifying school and classroom supplies for use in their teaching activities.

  • The maximum credit allowed is $250 per eligible teacher per tax year.
  • Taxpayers must complete Schedule K-91 to calculate the allowable credit amount.
  • The credit is claimed on the appropriate Kansas tax return according to the Schedule K-91 instructions.
  • Taxpayers should retain records of qualifying purchases to support the credit claimed.

Kansas Workforce Retention Incentive Tax Credit (Schedule K-93)

The Kansas Workforce Retention Incentive Tax Credit is available to eligible taxpayers who qualify under the Kansas workforce retention incentive program.

  • Taxpayers must complete Schedule K-93 to calculate the allowable credit amount.
  • The credit amount is based on the requirements and limitations established under Kansas law.
  • Any unused credit may be carried forward only when permitted under the applicable Kansas statutes and Schedule K-93 instructions.
  • Taxpayers should retain required certification and supporting documentation related to the credit.

Kansas Friends of Cedar Crest Association Credit (Schedule K-46)

The Kansas Friends of Cedar Crest Association Credit is available to eligible taxpayers who make qualifying contributions to the Friends of Cedar Crest Association.

  • Taxpayers must complete Schedule K-46 to calculate the allowable credit amount.
  • The credit must be claimed according to the requirements provided in the Schedule K-46 instructions.
  • Taxpayers should maintain documentation supporting qualifying contributions made during the tax year.

Kansas Research and Development Credit (Schedule K-53)

The Kansas Research and Development Credit is available to eligible taxpayers who incur qualifying research and development expenditures under Kansas law.

  • The credit may apply to individuals, corporations, partnerships, S corporations, limited liability companies, and other pass-through entities when they meet the applicable requirements.
  • Taxpayers must complete Schedule K-53 and report the qualifying credit amount according to the instructions.
  • Unused credit amounts may generally be carried forward until fully utilized, subject to Kansas law.
  • Certain research and development credits earned in eligible tax years may be transferred to another taxpayer if all statutory requirements are satisfied.
  • Taxpayers receiving a transferred credit must claim it according to Kansas credit rules and applicable limitations.

Source:

SCHEDULE K-53.pdf
SCHEDULE K-46.pdf
SCHEDULE K-91.pdf
SCHEDULE K-93.pdf

Disclaimer: Always verify details with the official Kansas Department of Revenue forms and instructions. Tax rules may change annually, and individual circumstances may affect eligibility. For complex situations, consult a CPA or tax professional.

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Key Takeaways

  • Understanding tax deductions can significantly reduce your tax liability
  • Keep detailed records of all tax-related expenses and documents
  • Consult with a tax professional for complex situations

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