KY DoR 4972-K 2023 free printable template
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FORM4972KKENTUCKY TAX ON LUMPSUM DISTRIBUTIONS
(From Qualified Plans of Participants
Born Before January 2, 1936)Commonwealth of Kentucky
Department of Revenue Enclose with Form 740, Form 740NP or
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How to fill out 4972 k tax form
How to fill out KY DoR 4972-K
01
Obtain a blank KY DoR 4972-K form from the Kentucky Department of Revenue website or your local tax office.
02
Fill in your name, address, and social security number at the top of the form.
03
Provide details regarding your income for the applicable year, including wages, self-employment income, and any other sources of income.
04
Fill in the section for deductions, listing all applicable deductions you qualify for.
05
Calculate your total tax liability based on the information provided.
06
Sign and date the form to certify that the information is accurate and complete.
07
Submit the finished form to the Kentucky Department of Revenue by mail or electronically, as instructed.
Who needs KY DoR 4972-K?
01
Individuals or entities who are required to report income earned in Kentucky for tax purposes.
02
Taxpayers seeking to claim deductions or credits on their Kentucky tax return.
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What is KY DoR 4972-K?
KY DoR 4972-K is a tax form used in the state of Kentucky for reporting certain types of income and tax information related to individual income tax.
Who is required to file KY DoR 4972-K?
Individuals who have earned income that is subject to Kentucky state income tax, particularly those with specific types of income that must be reported, are required to file KY DoR 4972-K.
How to fill out KY DoR 4972-K?
To fill out KY DoR 4972-K, gather the necessary income documents, complete each section of the form accurately by entering personal information, income details, and any applicable deductions or credits, and then submit the form according to Kentucky state guidelines.
What is the purpose of KY DoR 4972-K?
The purpose of KY DoR 4972-K is to collect accurate tax information from individuals for the assessment of state income tax liabilities, ensuring compliance with Kentucky tax laws.
What information must be reported on KY DoR 4972-K?
The information reported on KY DoR 4972-K includes personal identification details, total income, specific types of income, exemptions, deductions, credits, and other pertinent tax-related information.
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