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CCH Axcess Tax

Extensions and Partner Information

Request for Extension of time to file

Kentucky Form 40A102, Application for Extension of Time to File, is produced when the general partnership return, Form 765-GP will be filed after its original due date. Kentucky Form 41A720SL, Application for Six-month Extension of Time to File Kentucky Corporation or Limited Liability Pass-through Entity Return, is produced when Form 765 is filed after its original due date. Form 740NP-WH-SL, Application for Six-month Extension of Time to File form 740NP-WH, is produced when Form 740NP-WH is filed after its original due date.

For the Kentucky Form 41A720SL, the payment will carry from the Form 765, Page 1, Part II, Line 10. You may override this amount with an entry on .Federal Other Category, Extensions Worksheet,State Extension Information section, State use field.

Form 740NP-WH-SL is produced for the Composite Income Tax Return and/or the Nonresident Income Tax Withholding on Distributive Share Income Return. Corporation Income Tax is not applicable to the Composite Income Tax Return. Amounts will carry from Form 740NP-WH based on the individuals and/or corporations being included in each type of return. You may override these amounts with an entry on .Kentucky Payment/Penalties Worksheet, Tax Payments Composite, and/or Tax Payments nonresident Withholding.

Request the extension forms in any of the following ways:

  1. Check the "Produce all state first extensions" field on Federal Other Category, Extensions Worksheet, State Extension Information Section, or Check the "Produce all state second extensions" field on Federal Other Category, Extensions Worksheet, State Extension Information Section. Kentucky must be the home state code on Federal General Category, Basic Data Worksheet, General Section, or there must be some entries made on any of the worksheets under the Kentucky Category.
  2. Enter "KY" in the State code field on Federal Other Category, Extensions Worksheet, State Extension Information Section. Again, Kentucky must be the home state code on Federal General Category, Basic Data Worksheet, General Section, or there must be some entries made on any of the worksheets under the Kentucky Category.
  3. Any entry in the Kentucky Extension Section on the Extensions Worksheet, under the federal Other Category to enter Kentucky unique extension information. This is applicable only for the Form 40A102 extension for the general partnership return.
  4. Use government view to enter data directly on Kentucky Form 40A102, Form 41A720SL, or Form 740NP-WH-SL.

Nonresident Partners Taxable Percentage

The Kentucky Revenue Cabinet requires that each Kentucky Schedule K-1 reports 100 percent of the nonresident partner's distributive share of income and deductions on Schedule K-1, and prints the Kentucky apportionment percentage in the Schedule K-1 heading area. The Schedule K-1 does not represent the apportioned share of income and deductions for the nonresident partners.

Enter each partner's state of residency in the "State of Residency" field on Federal Partners Category, Partner Information Worksheet. If the entry in this field is anything other than KY, or blank, the partner is considered a nonresident of Kentucky.

To compute the apportionment percentage, first use the Federal Common State Category, Allocation and Apportionment Worksheets to enter the total and Kentucky amounts for sales, property and payroll, or use Kentucky Category, Allocation/Apportionment Worksheet, Apportionment Section.

If no entries are made on the Federal Allocation and Apportionment worksheets, or on Kentucky Category, Allocation/Apportionment Worksheet, Apportionment Section, we assume 100 percent.

See Also

Multi-State Apportionment

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