Get Ky 62a850 2025-2026

Filling out the KY 62A850 form online is an essential process for financial institutions to report bank deposit taxes to the Commonwealth of Kentucky. This guide will provide you with clear, step-by-step instructions to ensure successful completion of the form and compliance with state requirements.

Follow the steps to accurately complete the KY 62A850 form.

1. Click ‘Get Form’ button to access the KY 62A850 form and open it in your preferred editing tool.
2. Enter your name in the designated field. This should reflect the legal name of the financial institution completing the form.
3. Input your FEIN (Federal Employer Identification Number) in the specified field. This is your unique account number.
4. Provide your mailing address, including city, state, county, and ZIP code, ensuring that all information is accurate and up to date.
5. In the total deposits section, report the values for each category as of January 1. This includes demand deposits, time deposits, government deposits, and other listed categories.
6. For deposits not subject to tax, fill in the amounts corresponding to each category that qualifies as exempt, such as government and public institution deposits.
7. Calculate your total deposits not subject to tax by adding the amounts from the relevant fields and enter this value in the provided space.
8. Determine the total deposits subject to tax by subtracting the total deposits not subject to tax from the total deposits amount.
9. Calculate the state deposits tax by multiplying the figure from the total deposits subject to tax by the specified tax rate.
10. After verifying all information for accuracy, sign the form, include the date, and provide contact information such as an email address and telephone number.
11. Once all sections are filled and verified, save your changes, and download or print your completed KY 62A850 form for your records.

Get started by completing your KY 62A850 form online today.