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K-53
KANSAS Attach
191218
K-53(Rev. 7-23) RESEARCH AND DEVELOPMENT CREDIT
For the taxable year beginning ________________________________ , 20 ______ ; ending ________________________________ , 20 _______
Name of taxpayer (as shown on return) Social Security Number or Employer ID Number (EIN)

If partner, shareholder or member, enter name of partnership, S corporation, LLC or LLP Employer ID Number (EIN)

Certificate Number County of entity receiving credit Check here if this credit is the result of
o a transfer credit from an eligible taxpayer

PART A – COMPUTATION OF CREDIT

1. Total credit issued by the Department of Revenue (from Tax Credit Certificate) ............................................................ 1. ___________________

2. Proportionate share percentage (see instructions). ........................................................................................................ 2. ___________________

3. Your share of credit (multiply line 1 by line 2). ................................................................................................................ 3. ___________________

4. Maximum allowable credit in any one year (multiply line 3 by 25% or .25). .................................................................... 4. ___________________

PART B – COMPUTATION OF ALLOWED CREDIT FOR THIS YEAR'S EXPENDITURES

5. Total tax liability for this tax year after all credits other than this credit. ........................................................................... 5. __________________
6. Amount of credit allowable as a result of expenditures made this tax year (lesser of line 4 or line 5). Enter here
and on the appropriate line of Form K-40, Form K-41, Form K-120 or Form K-120S ...................................................... 6. __________________

PART C – COMPUTATION OF CARRY FORWARD CREDIT
7. Amount of carry forward allowed (subtract line 6 from line 3). ......................................................................................... 7. __________________

PART D – COMPUTATION OF ALLOWED CREDIT FOR PRIOR YEAR'S EXPENDITURES

(A) (B) (C) (D)
Year 1 Year 2 Year 3 Year 4
8. Year end date of original K-53 for which a carry over 8.
is being claimed ..............................................................
9.
9. Certificate Number, SSN or EIN. (see instructions)................
10. Amount of carry over from the original K-53 for the
year. Enter the amount from line 7 for Year 1. For
Years 2, 3 and 4 enter the amount from line 14 from 10.
the prior year ..................................................................

11.
11. Year(s) credit was used ...................................................

12. Total tax liability for this tax year after all other 12.
credits other than this credit ..............................................

13. Credit used this tax year (lesser of line 4, line 10 or line 12) ......................................................................................13. _____________________

14. Amount of carry forward available to this return (subtract line 13 from line 10) ..........................................................14. _____________________

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INSTRUCTIONS FOR SCHEDULE K-53
GENERAL INSTRUCTIONS Pass-through entities that HAVE elected to be taxed at the entity
level
A credit may be deducted from a taxpayer’s Kansas income tax liability
if the taxpayer had qualifying expenditures in research and development Electing pass-through entity, enter the percentage that represents the
activities conducted within Kansas (K.S.A. 79-32,182b). Qualifying proportionate share of all “electing pass-through entity owners”. Partners,
expenditures are expenditures made for research and development shareholders or members that are NOT “electing pass-through entity
purposes (other than expenditures of monies made available to the owners” (i.e. other pass-through entities and C corporations), enter the
taxpayer pursuant to federal or state law), which are expenses allowable percentage that represents your proportionate share in the partnership, S
for deduction under the provisions of the federal Internal Revenue Code corporation, LLC or LLP.
of 1986 and amendments thereto. All other taxpayers, enter 100%.
For those claiming a new credit, a separate Form K-53 will need to be
filed for each new credit and Parts A, B and C must be completed. For LINE 3 – Multiply line 1 by line 2. This is your share of the credit.
those claiming carry forward only, Part D must be completed. LINE 4 – Multiply line 3 by 25% or .25. This is the maximum credit allowed
For tax year 2023 and all tax years thereafter, the allowable credit is in any one tax year.
10% of the amount by which the amount expended for the activities in the PART B - COMPUTATION OF ALLOWED CREDIT FOR THIS
taxable year exceeds the taxpayer’s average of the actual expenditures. YEAR'S EXPENDITURES
This is for the activities made in the taxable year and the two immediate
preceding taxable years. LINE 5 – Enter the amount of your Kansas tax liability for this tax year after
The amount of credit allowable in any one taxable year is limited to 25% all credits other than this credit.
of the total amount of the credit plus any applicable carry forward. The LINE 6 – Enter the lesser of line 4 or line 5. This is the credit allowed for
amount of any remaining unused credit may be carried forward until the expenditures made during this tax year.
total amount of the credit is used.
For tax year 2013 through 2022, new credits shall be available to only PART C - COMPUTATION OF CARRY FORWARD CREDIT
corporations that are subject to the Kansas corporate income tax (i.e., C LINE 7 – Subtract line 6 from line 3 and enter the result. This amount
corporations). For tax year 2023 and after, new credits shall be cannot be less than zero. This is the amount of credit to be carried forward.
available to all income tax taxpayers. Enter this amount of next year's Schedule K-53.
For tax year 2023 and forward, an application for research and
development credit (Form K-204) must be completed. The application PART D - COMPUTATION OF ALLOWED CREDIT FOR PRIOR
must be submitted to the Department of Revenue where it will be YEAR'S EXPENDITURES
reviewed. Upon approval of the credit, the credit may be transferred by a
taxpayer without a current tax liability to any person and be claimed by the If additional columns are necessary, please enclose a separate
transferee as a credit against the transferee’s Kansas income tax liability schedule. You will need copies of your Schedule K-53 forms from prior
in the tax year when it was transferred. A transfer credit is not refundable. years to complete this section. If this is the first year you are claiming a
Only the full credit may be transferred to a transferee and the credit may carry forward, only column A needs to be completed. If this is Year 2, 3
only be transferred one time. or 4, columns B, C and D information will be entered accordingly.
Carry Forward of Unused Credits:If this credit was earned prior to tax LINE 8 – Enter the year end date of the original Schedule K-53 for
year 2013 and a carry forward credit remains available to a taxpayer, that which you are claiming a carry forward credit in columns A, B, C and D.
taxpayer may continue to claim that credit. However, that carry forward LINE 9 – If you have a certificate number enter here. If not, enter your
credit shall be subject to limitations and requirements in place at the time SSN or EIN.
the credit was earned. LINE 10 - Enter the amount of carry forward from line 7 for year 1. For
K.S.A. 74-50,227 requires the collection of certain tax incentive Year's 2, 3 and 4 enter the amount from line 14 from the prior year.
information for publication on a database managed by the Kansas LINE 11 - Enter the tax year the credit is being used.
Department of Commerce. Information collected will include the name
and address, including county of the recipient receiving the benefits LINE 12 – Enter the total tax liability for this tax year after all other credits
from the tax incentive program, the annual amount of incentive claimed, other than this credit.
distributed or received, qualification criteria for the incentive, and required LINE 13 – Enter the lesser of line 4, line 10 or line 12.
benchmarks for continued participation in the program and progress made – Subtract line 13 from line 10. This is the amount of carry
towards the benchmarks LINE 14
forward available to this return from each year shown on line 8.

SPECIFIC LINE INSTRUCTIONS TAXPAYER ASSISTANCE
Enter the taxpayer’s name and Social Security number or federal
Employer Identification Number (EIN) in the space provided. If the person For assistance in completing this schedule contact the Kansas
claiming this credit is a partner or shareholder in a partnership, LLC, S Department of Revenue:
Corporation, etc., enter the name and EIN of that entity. Taxpayer Assistance Center
Scott Office Building
PART A – COMPUTATION OF MAXIMUM ALLOWABLE CREDIT 120 SE 10th Ave
FOR THIS YEAR’S EXPENDITURES PO Box 750260
Topeka KS 66699-0260
LINE 1 – Enter the total credit issued by the Department of Revenue. This
credit amount will be referenced on the Tax Credit Certificate issued by Phone: 785-368-8222
the Department. If this is a transfer credit, enter the total amount of credit Fax: 785-291-3614
issued by the Department of Revenue. This credit will be referenced on
the Tax Credit Transfer Certificate issued by the Department. Additional copies of this credit schedule and other tax
forms are available from our website at: ksrevenue.gov
LINE 2 - Enter your proportionate share percentage.
Pass-through entities that HAVE NOT elected to be taxed at the
entity level
Partners, shareholders or members, enter the percentage that
represents your proportionate share in the partnership, S corporation,
LLC or LLP.

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