Get Ky Dor 42a900 (42a811) 2024-2025

Filling out the KY DoR 42A900 (42A811) Wage Assessment Report and Annual Reconciliation form is essential for companies seeking economic incentive credits. This guide provides step-by-step instructions to help users accurately complete the form online.

Follow the steps to effectively complete the form.

1. Click ‘Get Form’ button to access the form and open it in the editor.
2. Begin with Part I. Indicate whether the form is amended by checking the appropriate box. Select the relevant Economic Development Credit category by marking the corresponding checkbox. Enter your company name and address for refund purposes.
3. Fill in the project number, activation date, Kentucky withholding account number, and the approved percentage of the credit as stated in your agreement with the Cabinet for Economic Development.
4. Specify the period covered in Part III by entering the date range for the wages represented.
5. Move to Part II. In Line 1, provide the total wages paid to all project employees, including base employees not eligible for incentives. In Line 2, enter the total credit calculated by your company.
6. In Line 3, report the total Kentucky tax withheld for all employees under your withholding account number. For Line 4, if eligible, include the total local wage assessment claimed.
7. Check the refund box if you are requesting a refund. If not checked, the submission will be processed as a reconciliation.
8. Provide the contact information for the individual whom the Department of Revenue can reach with questions, including name, title, phone number, fax number, and email address.
9. Complete Part III using the required spreadsheet format. Enter employee hire and termination dates, wages, and confirm the correct amount of credit claimed.
10. Once all sections of the form are filled out accurately, review for any errors before saving your changes. You can download, print, or share the completed form as necessary.

Complete the KY DoR 42A900 (42A811) online to ensure compliance and maximize your economic incentive credits.