K-53 
                                                                              KANSAS                                                                                       Attach
                                                                                                                                                                           191218
K-53(Rev. 7-24)                           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 from Transfer Certificate or            County of entity receiving credit                Check here if this credit is the result of  
 Tax Credit Certificate                                                                               o       a transfer credit from an eligible taxpayer

 PART A – COMPUTATION OF CREDIT

  1. Total credit from Schedule K-53W, Transfer Certificate or 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 credi . t  ........................................................................... 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 or Form K-120 ............................................................................. 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. _____________________

                                   INSTRUCTIONS FOR SCHEDULE K-53
                    GENERAL INSTRUCTIONS                                                amount of credit issued by the Department of Revenue. This credit 
                                                                                        will be referenced on the Tax Credit Transfer Certificate issued by the 
A credit may be deducted from a taxpayer’s Kansas income tax liability if the           Department. 
taxpayer had qualifying expenditures in research and development activities             LINE 2 - Enter your proportionate share percentage. 
conducted  within  Kansas  (K.S.A.  79-32,182b).  Qualifying  expenditures  are         Pass-through entities that HAVE NOT elected to be taxed at the entity 
expenditures  made  for  research  and  development  purposes  (other  than                   level
expenditures of monies made available to the taxpayer pursuant to federal or            Partners, shareholders or members, enter the percentage that represents 
state law), which are expenses allowable for deduction under the provisions of          your proportionate share in the partnership, S corporation, LLC or LLP.
the federal Internal Revenue Code of 1986 and amendments thereto. 
For  those  claiming  a  new  credit,  a  separate  Form  K-53  will  need  to  be      Pass-through entities that HAVE elected to be taxed at the entity level
filed for each new credit and Parts A, B and C must be completed. For those             Electing  pass-through  entity,  enter  the  percentage  that  represents  the 
claiming carry forward only, Part D must be completed.                                  proportionate  share  of  all  “electing  pass-through  entity  owners”.    Partners, 
For tax year 2023 and all tax years thereafter, the allowable credit is 10%             shareholders or members that are NOT “electing pass-through entity owners” 
of the amount by which the amount expended for the activities in the taxable            (i.e. other pass-through entities and C corporations), enter the percentage that 
year exceeds the taxpayer’s average of the actual expenditures. This is for the         represents your proportionate share in the partnership, S corporation, LLC or 
activities made in the taxable year and the two immediate preceding taxable             LLP.
years. 
The amount of credit allowable in any one taxable year is limited to 25% of             All other taxpayers, enter 100%.
the total amount of the credit plus any applicable carry forward. The amount of         LINE 3 – Multiply line 1 by line 2. This is your share of the credit.
any remaining unused credit may be carried forward until the total amount of            LINE 4 – Multiply line 3 by 25% or .25. This is the maximum credit allowed in 
the credit is used.                                                                     any one tax year. 
For  tax  year  2013  through 2022,  new  credits  shall  be  available  to  only 
corporations  that  are  subject  to  the  Kansas  corporate  income  tax  (i.e.,  C          PART B - COMPUTATION OF ALLOWED CREDIT FOR THIS 
corporations). For tax year 2023 and after, new credits shall be available to all                         YEAR'S EXPENDITURES
income tax taxpayers.                                                                   LINE 5 – Enter the amount of your Kansas tax liability for this tax year after all 
For tax year 2023, a taxpayer may submit Form K-204 to request verification             credits other than this credit. 
of the amount of credit available. If a taxpayer does not submit Form K-204, the        LINE 6  –  Enter  the  lesser  of  line  4  or  line  5. This  is  the  credit  allowed  for 
taxpayer must complete the K-53W Worksheet and include it with the Schedule             expenditures made during this tax year. 
K-53 when filing the taxpayer’s income tax return. If a taxpayer submits Form 
K-204 and does not receive a Tax Credit Certificate Number, the taxpayer must                  PART C - COMPUTATION OF CARRY FORWARD CREDIT
complete the K-53W Worksheet and include it with the Schedule K-53 when 
filing the taxpayer’s income tax return.  However, a taxpayer only claiming a           LINE 7 – Subtract line 6 from line 3 and enter the result. This amount cannot 
transferred credit does not need to submit the K-53W Worksheet, but must                be less than zero. This is the amount of credit to be carried forward. Enter this 
complete  Schedule  K-53  and  include  it  when  filing  the  taxpayer’s  income       amount of next year's Schedule K-53.
tax return. The credit may be transferred by a taxpayer without a current tax               PART D - COMPUTATION OF ALLOWED CREDIT FOR PRIOR 
liability to any person and be claimed by the transferee as a credit against the                          YEAR'S EXPENDITURES
transferee’s Kansas income tax liability in the tax year when it was transferred.       If additional columns are necessary, please enclose a separate schedule. 
A transfer credit is not refundable. Only the full credit may be transferred to a       You  will  need  copies  of  your  Schedule  K-53  forms  from  prior  years  to 
transferee and the credit may only be transferred one time. Form K-260 must             complete this section. If this is the first year you are claiming a carry forward, 
be completed and submitted to the Department in order to document a transfer.           only column A needs to be completed. If this is Year 2, 3 or 4, columns B, C 
Carry Forward of Unused Credits: If this credit was earned prior to tax year            and D information will be entered accordingly.
2013 and a carry forward credit remains available to a taxpayer, that taxpayer          LINE 8 – Enter the year end date of the original Schedule K-53 for which you 
may continue to claim that credit. However, that carry forward credit shall be          are claiming a carry forward credit in columns A, B, C and D.
subject  to  limitations  and  requirements  in  place  at  the  time  the  credit  was 
earned.                                                                                 LINE 9 – For tax years 2022 and prior, enter your EIN or SSN. For tax years 
K.S.A. 74-50,227 requires the collection of certain tax incentive information           2023 and after, enter your Certificate Number. If you do not have a  Certificate 
for  publication  on  a  database  managed  by  the  Kansas  Department  of             Number for credits earned in tax year 2023 and forward, you must complete 
Commerce. Information collected will include the name and address, including            and submit Form K-204 (Research and Development Tax Credit Application), 
county of the recipient receiving the benefits from the tax incentive program,          to receive a Certificate Number allowing the credit to be claimed.
the annual amount of incentive claimed, distributed or received, qualification          LINE 10 -  Enter the amount of carry forward from line 7 for year 1. For Year's 
criteria for the incentive, and required benchmarks for continued participation         2, 3 and 4 enter the amount from line 14 from the prior year.  
in the program and progress made towards the benchmarks.                                LINE 11 - Enter the tax year the credit is being used. 
               SPECIFIC LINE INSTRUCTIONS                                               LINE 12 – Enter the total tax liability for this tax year after all other credits other 
Enter the taxpayer’s name and Social Security number or federal Employer                than this credit. 
Identification Number (EIN) in the space provided. If the person claiming this 
credit is a partner or shareholder in a partnership, LLC, S Corporation, etc.,          LINE 13 – Enter the lesser of line 4, line 10 or line 12.
enter the name and EIN of that entity.                                                  LINE 14 – Subtract line 13 from line 10. This is the amount of carry forward 
Certificate Number: Enter Tax Credit Transfer Certificate Number (received              available to this return from each year shown on line 8.
after  submitting  Form  K-260)  or  Tax  Credit  Certificate  Number  from  an                           TAXPAYER ASSISTANCE
approved Form K-204. If you are neither claiming a transferred credit nor using         For assistance in completing this schedule contact the Kansas Department 
Form K-204, you will not have any certificate number and this space may be              of Revenue:
left blank.                                                                                               Taxpayer Assistance Center
Checkbox: Check if you are claiming a transferred credit (Form K-260 must                                 Scott Office Building
be complete and submitted to the Department in order to document a transfer).                                           120 SE 10th Ave
                                                                                                                        PO Box 750260
               PART A – COMPUTATION OF CREDIT                                                             Topeka KS 66699-0260
LINE 1 – Enter the total credit issued by the Department of Revenue.                                      Phone: 785-368-8222
This  credit  amount  will  be  referenced  on  the Tax  Credit  Certificate                                            Fax: 785-291-3614
issued by the Department. If this is a transfer credit, enter the total                 Additional copies of this credit schedule and other tax forms are available 
                                                                                        from our website at: ksrevenue.gov