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62A850 8-11 Commonwealth of Kentucky BANK DEPOSITS TAX - revenue ky

62A850 8-11 Commonwealth of Kentucky BANK DEPOSITS TAX - revenue ky 2025

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The document is a Bank Deposits Tax Return form issued by the Commonwealth of Kentucky's Department of Revenue. It requires financial institutions to report their total deposits as of January 1 each year and file the return with payment by March 1. The form includes sections for detailing various types of deposits, identifying those not subject to tax, and calculating the state deposits tax owed. It also provides contact information for further inquiries.

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Click ‘Get Form’ to open it in the editor.
Begin by entering your name and mailing address in the designated fields. Ensure that all information is accurate for proper processing.
Input your FEIN (Federal Employer Identification Number) as this serves as your account number. This is crucial for identification purposes.
Fill in the total deposits section by listing amounts for demand deposits, time deposits, and other specified categories. Be thorough to avoid discrepancies.
Next, complete the deposits not subject to tax section, ensuring you attach any necessary schedules for nonresident individuals and corporations.
Calculate the total deposits subject to tax by subtracting line 16 from line 7, then multiply this amount by the tax rate provided.
Finally, sign and date the form at the bottom. Include your contact information for any follow-up inquiries.

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62A850 8-11 Commonwealth of Kentucky BANK DEPOSITS TAX - revenue ky 2025

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