Get Ky 62a850 2019-2026

The KY 62A850 is the bank deposits tax return form required by the Commonwealth of Kentucky. This guide provides clear instructions on how to accurately complete each section of the form online, ensuring compliance with state tax requirements.

Follow the steps to complete your KY 62A850 online.

1. Click ‘Get Form’ button to obtain the KY 62A850 and open it for editing.
2. Begin by filling in your name and mailing address, including city, state, county, and ZIP code. Ensure that these details are accurate to avoid any correspondence issues.
3. Enter your Federal Employer Identification Number (FEIN) in the designated field to identify your account correctly.
4. In the 'Total Deposits' section, list each type of deposit in the relevant fields, including demand deposits, time deposits, and deposits from various institutions. Be sure to input the monetary amounts as of January 1st.
5. Proceed to the 'Deposits Not Subject to Tax' section. Record any applicable deposits according to the specified categories and include the total line statements as instructed.
6. Calculate the 'Total Deposits Subject to Tax' by subtracting the total deposits not subject to tax from the total deposits amount.
7. Calculate the 'State Deposits Tax' by multiplying the total deposits subject to tax by the tax rate (0.00001).
8. Review your entries for accuracy. Once completed, sign the form where indicated, providing your name, date, email address, and telephone number.
9. Finally, save your changes, and download, print, or share the KY 62A850 as needed for your records and for submission to the Department of Revenue.

Ensure your tax compliance by completing the KY 62A850 online today.