Hickman subject 2026

The document provides detailed instructions for filing the Net Profit License Fee Return for businesses operating in Hickman, Kentucky. It outlines the fee structure, which is 1.5% of total net profit reported on federal tax returns, and specifies exclusions and inclusions regarding income types. The document includes sections for reporting gross income, deductions, and calculating the final amount due, along with guidelines for extensions and necessary documentation.

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Click ‘Get Form’ to open it in the editor.
Begin with Section A. Answer all questions completely, including your business type and identification numbers.
Move to Section B. Enter your Gross Income, Total Deductions, and Net Income as reported on your Federal Return.
Add any items not deductible in Line 11 and calculate the total for Line 12 by adding Lines 10 and 11.
Deduct items not subject to the fee on Line 13 and compute the adjusted net income for Line 14.
If applicable, complete Section D to determine your average percentage for business activity within Hickman.
Finally, review all entries for accuracy before submitting the form along with any required payments.

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