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SCHEDULER
Commonwealth of Kentucky
Department of RevenueKENTUCKY
CONSOLIDATED RETURN SCHEDULE
(Attach All Applicable Schedules)*1800030215×Name of Corporation2018Federal Identification Number Kentucky
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What is eliminations?
Eliminations are the process of removing intercompany transactions between entities within the same corporate group to avoid double counting.
Who is required to file eliminations?
Companies that have multiple entities operating within the same corporate group are required to file eliminations.
How to fill out eliminations?
Eliminations can be filled out by consolidating financial statements from each entity within the corporate group and removing any intercompany transactions.
What is the purpose of eliminations?
The purpose of eliminations is to present a more accurate and consolidated financial picture of the entire corporate group.
What information must be reported on eliminations?
Intercompany transactions, adjustments, and reconciliations between entities must be reported on eliminations.
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