Get Ky 62a850 2016-2026

The KY 62A850 is a Bank Deposits Tax Return form used by financial institutions in Kentucky to report their deposits as of January 1 each year. This guide provides clear, step-by-step instructions on completing the form online, ensuring users can efficiently fulfill their tax reporting requirements.

Follow the steps to successfully complete the KY 62A850 form online.

1. Click the ‘Get Form’ button to obtain the form and open it in the editor.
2. Begin by entering the property assessed date in the designated field, typically January 1 of the reporting year.
3. Fill in the name of your financial institution in the provided space.
4. Specify your account number, which is your Federal Employer Identification Number (FEIN). This is crucial for identification.
5. Enter the complete mailing address of your institution, including city, state, and ZIP code.
6. Indicate the county where your financial institution is located.
7. Complete the sections for total deposits, listing all required types of deposits in their respective lines from 1 to 8.
8. Calculate and enter the total deposits by adding the amounts from lines 1 through 8 in the designated section.
9. Proceed to the deposits not subject to tax, filling out the respective lines (10 to 17) as applicable.
10. Sum the deposits not subject to tax from lines 10 through 17 to attain a total.
11. Subtract the total deposits not subject to tax from the total deposits to determine the deposits that are subject to tax.
12. Calculate the state deposits tax by multiplying the taxable amount by the applicable rate (0.00001) and enter this value.
13. Sign and date the form to declare under penalties of perjury that the return is complete and accurate.
14. Finally, provide your email address, phone number, and the contact person’s details before saving or submitting the form.

Complete your KY 62A850 online today to ensure timely and accurate tax reporting.