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B D Federal Check applicable box es LLET Receipts Method Gross Receipts Gross Profits 175 minimum Nonfiling Status Code Enter Code Identification Number Mo. City State ZIP Code Yr. State and Date of Incorporation Principal Business Activity in KY D/9 Number and Street / Taxable Year Ending FT A/ 1 2 R Name of S Corporation NAICS Code Number Relating to Kentucky Activity See www. census. gov Telephone Number C E Check if applicable Income Tax Return Qualified investment pass-through enti ...

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Where do I mail my Ky form 720?

Form 720 is complementary to the Federal form 1120 Series. Forms and instructions are available at all Kentucky Taxpayer Service Centers (page 18). They may also be obtained by writing FORMS, Department of Revenue, P. O. Box 518, Frankfort, KY 40602-0518, or by calling 502-564\u20133658.

Can I pay my Kentucky taxes online?

Welcome to the Kentucky Department of Revenue's Electronic Payment Application. This site uses Secure Socket Layer (SSL) 128-bit encryption to safeguard the security of your transactions. At this time, DOR accepts payments by credit card or electronic check.

What is a LLET in Kentucky?

\u200bThe tax imposed by KRS 141.0401 is a tax imposed on those entities with limited liability in the state of Kentucky and not an income tax. Therefore, the Limited Liability Entity Tax (LLET) paid is not an add-back to determine Kentucky taxable income; it is deductible for Kentucky and federal purposes.

Does Kentucky have state and federal taxes?

Kentucky imposes a flat income tax. This differs from the federal income tax, which has a progressive tax system (higher rates for higher income levels). The state income tax rate is 5% regardless of income. Prior to 2018, the state had rates ranging from 2% to 6%.

What is a pass-through entity in KY?

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