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Ne 19, 2022 Form K-40 .......................................................................... 1 2. Multiply line 1 by 90% (farmers and fishers multiply by 66 2/3%) ................................. 2 3. Prior year s tax liability (from line 19, 2021 Form K-40) ................................................ 3 4. Enter the total amount of your 2022 Kansas income tax withheld ................................ 4 NOTE: If any due date falls on a Saturday, Sunday, or legal holiday, subst.
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Kansas 210 estimated FAQ
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If you are an individual taxpayer including farmers and fishers, use this schedule to determine if your income tax was fully paid throughout the year by withholding and/or estimated tax payments.
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If the tax is not paid by the due date, penalty is imposed at the rate of one percent of the unpaid balance of the tax due for each month or fraction of a month that the return is not filed or tax paid, up to a maximum of 24 percent .
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Kansas residents and nonresidents of Kansas earning income from Kansas sources are required to annually file an income tax return, K-40. Kansas income tax conforms to many provisions of the Internal Revenue Service.
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Let's dig into the details. The combined penalty is 5% (4.5% late filing and 0.5% late payment) for each month or part of a month that your return was late, up to 25%. The late filing penalty applies to the tax that remains unpaid after the due date.
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If the tax is not paid by the due date, penalty is imposed at the rate of one percent of the unpaid balance of the tax due for each month or fraction of a month that the return is not filed or tax paid, up to a maximum of 24 percent .
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If your Form K-40 shows an address other than Kansas, you must enclose a copy of your federal return (1040EZ, 1040A or 1040 and applicable Schedules A through F) with your Kansas return. Income tax information disclosed to KDOR, either on returns or through department investigation, is held in strict confidence by law.
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