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Form 8825 online Topeka Kansas: What You Should Know

Form 1.5, Annual General Statement of Net Income and Expenditures (G-2) and the Annual Property Tax Return (Form 1.5-K) — Chub · Taxpayers should prepare the 1.5-K by using the tax return of the year preceding the year in which the return is being prepared. This information is found in Sections 1221.1(9) and 1221.24(5) on these forms. Chub • Tax Year 2018, Section 1221.1, 2nd page (9.7 MB) · Tax Year 2018, Section 1221.23, 3rd page (9.5 MB) · Tax Years 2018, 2019, 2020, and 2017, Section 1221.5, 4th page (9.6 MB) Section 1221.1. The tax year is the period from January 1 of one year (October 1) to March 31 of the next year (October 1). The tax year generally runs from 2 to 20 months. Section 1221.9. When calculating the tax liability of an individual, the individual's taxable income for that tax year (the “gross income”) is the product of the individual's AGI, the number of the calendar months of that tax year, and the number of months in the tax year. (Calculating “gross income” is a different issue entirely.) Section 125.2(a), 1st paragraph, 1. The “qualifying taxpayer” for the purposes of section 125.2(a)(1) and (a)(3) is an individual who for personal income tax purposes is eligible for an exemption or reduced rate. If an individual establishes a qualifying taxpayer basis on a business or land in Kansas (whether before, on, or after the filing of a tax return with respect to the property), or both, such an individual's AGI and adjusted gross income (AGI-adjusted gross income), determined without regard to section 125.2(a)(3), (a)(4), or (a)(9), is considered as qualifying income and the taxpayer's AGI is the qualifying taxpayer's AGI-adjusted gross income. Section 125.2(a)(4), 2nd paragraph, 1.

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