K 53 Kansas Department of Revenue Form
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People also ask
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What is the child and dependent care credit in Kansas?
CHILD AND DEPENDENT CARE TAX CREDIT (CDCTC) Rate (Non-refundable): In tax year 2018, the credit is equal to 12.5% of the federal credit; in tax year 2019, the credit is equal to 18.75% of the federal credit; and in tax year 2020 it is equal to 25% of the federal credit.
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What is the Kansas Department of Revenue tire tax?
Kansas imposes a tire excise tax of 25 cents per tire on the sale of new tires for vehicles operating on public streets and highways. New tires include the tires on a new vehicle sold for the first time. Used, recapped, and retreaded tires are not subject to the tire excise tax.
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What is the current tax credit per child?
Specifically, the Child Tax Credit was revised in the following ways for 2021: The credit amount was increased for 2021. The American Rescue Plan increased the amount of the Child Tax Credit from $2,000 to $3,600 for qualifying children under age 6, and $3,000 for other qualifying children under age 18.
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What is the $3600 Child Tax Credit?
The American Rescue Plan raised the maximum Child Tax Credit in 2021 to $3,600 per child for qualifying children under the age of 6 and to $3,000 per child for qualifying children ages 6 through 17.
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How do I contact Kansas income tax?
For Kansas WebFile or Customer Service Center assistance regarding individual income tax, fiduciary, homestead, corporate income, or privilege tax please call 785-368-8222 or e-mail KDOR_IncomeEServ@ks.gov.
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What is the child tax credit in Kansas?
The value of the Kansas personal exemption for 2023 is $2250. Federal income tax law allows a tax credit for parents with a dependent child under the age of 17 on the last day of the tax year. The credit in 2023 is $2,000 for each qualifying child.
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What is the Kansas Department of Revenue drug tax stamp?
The drug tax stamp(s) must be affixed to the packaging as soon as they take possession of the illegal drugs. Drug tax stamps are purchased from the Department of Revenue and are valid for three (3) months from the date of purchase.
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Is there a new Child Tax Credit for 2024?
How much will your child tax credit be for 2024? The CTC for the 2024 tax year is worth up to $2,000 per qualifying child under 17. However, the credit is not a fully refundable tax credit.
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