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CCH Axcess Tax

Schedule RPC

Note: Schedule RPC is required to take the Related Party Add Back. If the override on Kentucky > Income/Deductions > Additions Worksheet, Related party expenses is used and the amount does not equal Part II Section B line 1, then Schedule RPC will not produce. If Kentucky > Income/Deductions > Additions Worksheet, Related party expenses or if Kentucky > General > Schedule Q Questionnaire Worksheet > Related party costs are included in return, are used and no entries are made on Kentucky Income/Deductions > Schedule RPC Worksheet, you will need to complete Schedule RPC and attach to the return.

Government Form CCH Axcess Input
  Worksheet Section Field
Taxable year ending Calendar or
  General > Basic Data General Fiscal year dates > Ending
Name   General > Basic Data General

Corporation name

Corporation name continued
FEIN   General > Basic Data General Employer identification number
Kentucky account number   Common State > State/City Common Data General Information Account/file number
Part I - Required Add Back
Section A
1   Kentucky (720) > Income/Deductions Schedule RPC Worksheet General Information - Total intangible expenses paid to a related member
Section B
1   Kentucky (720) > Income/Deductions Schedule RPC Worksheet General Information - Total intangible interest expenses paid to a related member
Section C
1   Kentucky (720) > Income/Deductions Schedule RPC Worksheet General Information - Total management fees paid to a related member
Section D
1   Kentucky (720) > Income/Deductions Schedule RPC Worksheet Add Sections A line 1, B line 1, and C line 1
Part II - Exceptions to Expenses
Section A
1   Kentucky (720) > Income/Deductions Schedule RPC Worksheet Part III, Section A, line 6
2   Kentucky (720) > Income/Deductions Schedule RPC Worksheet Part III, Section B, line 5
3   Kentucky (720) > Income/Deductions Schedule RPC Worksheet Part III, Section C, line 5
4   Kentucky (720) > Income/Deductions Schedule RPC Worksheet Part III, Section D, line 1
5   Kentucky (720) > Income/Deductions Schedule RPC Worksheet Part III, Section E, line 1
6   Kentucky (720) > Income/Deductions Schedule RPC Worksheet Part III, Section F, line 1
7   Kentucky (720) > Income/Deductions Schedule RPC Worksheet Add lines 1 through 6
Section B
1 Part I, Section D, line 1 less Part II, Section A, line 7
Part III - Detail of Exceptions To Add Back
Section A

Note: This section is filled if Kentucky Income/Deductions, Schedule RPC Worksheet, Section A-B-C, Code for schedules A-B-C is A, AB, AC, or ABC
Name   Kentucky (720) > Income/Deductions Schedule RPC Worksheet Sections A-B-C - Name of Related member
Federal ID number   Kentucky (720) > Income/Deductions Schedule RPC Worksheet Sections A-B-C - Federal EIN
KY account number   Kentucky (720) > Income/Deductions Schedule RPC Worksheet Sections A-B-C - KY Account number
Amount Deducted   Kentucky (720) > Income/Deductions Schedule RPC Worksheet Sections A-B-C - Amount
Section B

Note: This section is filled if Kentucky Income/Deductions, Schedule RPC Worksheet, Section A-B-C, Code for schedules A-B-C is B, AB, BC, or ABC and questions A, B, and C are all yes.

A   Kentucky (720) > Income/Deductions Schedule RPC Worksheet Part III Section B - Intangible expense/interest has been paid or accrued where payment was subject to an income/franchise tax measured by income
B   Kentucky (720) > Income/Deductions Schedule RPC Worksheet Part III Section B - The recipient was engaged in substantial business activities separate from the intangible property
C   Kentucky (720) > Income/Deductions Schedule RPC Worksheet Part III Section B - The transaction giving rise to the intangible expense / interest is made comparable to an arm’s length transaction
Name   Kentucky (720) > Income/Deductions Schedule RPC Worksheet Sections A-B-C - Name of Related member
Federal ID number   Kentucky (720) > Income/Deductions Schedule RPC Worksheet Sections A-B-C - Federal EIN
State of commercial domicile   Kentucky (720) > Income/Deductions Schedule RPC Worksheet Sections A-B-C - State of commercial domicile
Name of tax   Kentucky (720) > Income/Deductions Schedule RPC Worksheet Sections A-B-C - Name of Tax
Amount Deducted   Kentucky (720) > Income/Deductions Schedule RPC Worksheet Sections A-B-C - Amount
Section C

Note: This section is filled if Form if Kentucky Income/Deductions, Schedule RPC Worksheet, Section A-B-C, Code for schedules A-B-C is C, AC, BC, or ABC and questions A, B, and C are all yes.
A   Kentucky (720) > Income/Deductions Schedule RPC Worksheet Part III Section C - Intangible expense/interest has been paid or accrued to a member in a foreign nation with a treaty with the U.S.
B   Kentucky (720) > Income/Deductions Schedule RPC Worksheet Part III Section C - The recipient was engaged in substantial business activities separate from the intangible property
C   Kentucky (720) > Income/Deductions Schedule RPC Worksheet Part III Section C - The transaction giving rise to the intangible expense/interest is made comparable to an arm’s length transaction
Name   Kentucky (720) > Income/Deductions Schedule RPC Worksheet Sections A-B-C - Name of Related member
Foreign nation   Kentucky (720) > Income/Deductions Schedule RPC Worksheet Sections A-B-C - Foreign country
Description of treaty   Kentucky (720) > Income/Deductions Schedule RPC Worksheet Sections A-B-C - Treaty
Amount Deducted   Kentucky (720) > Income/Deductions Schedule RPC Worksheet Sections A-B-C - Amount
Section D

Note: This section is filled if Section B, question A is yes.

A   Kentucky (720) > Income/Deductions Schedule RPC Worksheet Part III Section D - Recipient regularly engaged in transactions on terms similar to that of the subject transaction
1   Kentucky (720) > Income/Deductions Schedule RPC Worksheet Part III Section D - Exception amount
Section E

Note: This section is filled if Section B, question B is yes.
A   Kentucky (720) > Income/Deductions Schedule RPC Worksheet Part III Section E - The transaction giving rise to the management fee made comparable to an arm’s length transaction
1   Kentucky (720) > Income/Deductions Schedule RPC Worksheet Part III Section E - Exception amount
Section F

Note: This section is filled if Section B, question C is yes.
A   Kentucky (720) > Income/Deductions Schedule RPC Worksheet Part III Section F - There is a written agreement with the Department for the use of an alternative method of apportionment
1   Kentucky (720) > Income/Deductions Schedule RPC Worksheet Part III Section F - Exception amount
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