Preparing K-40H & K-40PT in TaxSlayer. Complete Federal and Kansas returns, including all required modifications.

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1 Complete Federal and Kansas returns, including all required modifications. Within the Kansas return, select K-40H/PT Homestead Claim. Answer YES to Do you want to file a K-40H/PT Claim? KANSAS STTC 1

2 Complete Qualifying Questions Claimant must have owned and occupied home. Complete Household Income Homestead Line # a 4 b 5 c 6 d 7 e 8 f 9 KANSAS STTC 2

3 a b c c-1 d e f If Claimant received a Federal Earned Income Tax Credit during the tax year, enter that amount. (This will be found on the prior year s Federal tax return.) Enter Taxable Federal Income that was not included in KS AGI: Interest on U.S. Govt. obligations, Contributions to Learning Quest, KPERS Disability TaxSlayer will automatically include Social Security payments that have been entered as income in the Federal Section. SSI, which is never reported as income, will need to be added. NOTE: Social Security disability payments or those that were originally disability payments may be excluded from household income. But they must be entered here as a negative number. Simply adding this amount to the excluded income section will not remove it from the household income. TaxSlayer will ALSO automatically include Railroad Tier 1 payments that have been entered as income in the Federal Section. This is a problem. Since Railroad Tier 1 should be included 100%, you must enter the Tier 1 amount as a negative number in this entry and enter the Tier 1 amount as a positive number on form line 7, Other Railroad, Pensions and Veterans benefits. TaxSlayer will automatically include the taxable portions of pensions from the Federal income tax form (1040 line 16b and 1040A line 12b). Do not input these amounts or they will be duplicated. The nontaxable portions, if any must be entered here, including the Tier 1 amount from c-1. This would include ROTH distributions. DO NOT include veteran or railroad DISABILITY payments. Railroad Disability benefits (Tier 2) must be entered as a negative number in K-40H line 7 and entered into Excluded Income. Enter the amounts received during the tax year in the form of Temporary Assistance to Families; welfare or general assistance payments; worker s comp payments not included in KS AGI. (See Homestead instructions pg.5 for details.) Enter All Income received by ADULT individuals, other than Claimant and Spouse who lived in the homestead at any time during the tax year. (Include only the amount earned while living in the home.) Income of a minor child would only be entered if their name is on the house deed. Enter any other income not already entered on lines 4 through 8. This should include tax exempt interest and dividends not included in KAGI. KANSAS STTC 3

4 Complete information on Other Members of Household NOTE: Entering income for Other Household Members does not flow to other input screens. This income must be entered on Household Income input screen. At this point, you must decide whether to file K-40H or K-40PT. If you are unsure which refund should be claimed, start with answering the K-40H questions. Do not complete both K-40H and K-40PT questions. TaxSlayer will default to K-40H, even if K-40PT is more beneficial. Answer YES to Include K-40H KANSAS STTC 4

5 Complete Heading Information key fields marked KANSAS STTC 5

6 Enter the amount of Real Estate tax assessed (billed) for the tax year, excluding specials. For mobile home, use Personal Property tax. (If lot is owned by claimant, real estate taxes may be claimed for the lot as well.) Complete Excluded Income If Claimant and/or Spouse was disabled the entire tax year OR the Claimant and/or Spouse received Social Security Disability prior to it being converted to traditional Social Security, enter total amount of Social Security Disability and SSI Disability. (First time filers must provide a copy of benefit statement or award letter to KDOR.) KANSAS STTC 6

7 If Claimant chooses Direct Deposit for their refund, select Direct Deposit Information from the K-40H menu. Enter bank information for Direct Deposit. And select Save. (This will only process if there is a K-40 direct deposit or direct debit.) From here, hit Continue until you see the Summary/Print. Select View/Print Return in upper right corner. Select Print your 2017 Tax Return. Scroll down to last page and review K-40H return. Make note of refund amount. Next, to test the K-40PT result, select State Section on left menu bar. KANSAS STTC 7

8 Work your way through the screens to the below screen. Select Edit button next to K-40H. Select No, so K-40H claim will not be completed. Select Continue. Change to No Select Begin button next to K-40PT. KANSAS STTC 8

9 Select Yes to start K-40PT claim. Select Yes Complete Heading Information key fields marked KANSAS STTC 9

10 Enter the amount of Real Estate tax BILLED for the tax year, excluding specials. For mobile home, use Personal Property tax. (If lot is owned by claimant, real estate taxes may be claimed for the lot as well.) For PT, enter only amounts that were timely paid. This means that the Dec. 20, 2017 payment was paid in full and on time. KANSAS STTC 10

11 Complete Excluded Income If Claimant and/or Spouse was disabled the entire tax year OR the Claimant and/or Spouse received Social Security Disability prior to it being converted to traditional Social Security, enter total amount of Social Security Disability and SSI Disability. (First time filers must provide a copy of benefit statement or award letter to KDOR.) KANSAS STTC 11

12 If Claimant chooses Direct Deposit for their refund, select Direct Deposit Information from the K-40H menu. Enter bank information for Direct Deposit. And select Save. (At this time, it is unclear how this will work.) From here, hit Continue until you see the Summary/Print. Select View/Print Return in upper right corner. Select Print your 2017 Tax Return. Scroll down to last page and review K-40PT return. Make note of refund amount. KANSAS STTC 12

13 Based on the results of each test, you may need to go back in to change which form you want to complete. If you say Yes to the K-40H question below, K-40H will always be calculated & printed correctly and K-40PT will not. You must do each scenario separately. You don t need to remove all of the info from the option you don t choose. Just change the selections below, KANSAS STTC 13