This is the main form most taxpayers use to file their annual federal income tax return.
What is Form 1040?
This education credit can be claimed for qualified and related expenses for the first 4 years of higher education.
What is the American Opportunity Tax Credit (AOTC)?
This type of deduction can only be claimed if you choose not to take the standard deduction.
What are itemized deductions?
This is the main form used to file their annual Kansas income tax return
What is Form K-40?
Starting in tax year 2026, you can only deduct up to this percentage of your losses against winnings.
What is 90%?
This form is used by paid tax preparers to document that they have performed their required due diligence before preparing a tax return that claims certain credits.
What is Form 8867?
This credit is refundable and designed to help low-income households with living expenses.
What is the Earned Income Credit (EIC)?
Contributions to this type of retirement account are deductible, reducing taxable income on Schedule 1.
What is a traditional IRA?
These Kansas Refund Programs allows a refund/rebate for a portion of property tax paid on a taxpayer's residence.
What is Homestead Claim?
Previously $10,000, the SALT deduction claimed on Sch A has temporarily been increased to this amount for tax year 2025.
What is $40,000?
This form is used to claim the Premium Tax Credit for health insurance purchased through the Marketplace.
What is Form 8962?
This credit allows eligible families to claim up to $2,200 per qualifying child under 17.
What is the Child Tax Credit?
A tax deduction that allows eligible self-employed and small-business owners to deduct up to 20% of their qualified business income.
What is the Qualified Business Income Deduction (QBID)/Section 199A deduction?
Teachers in Kansas can claim up to this amount in credits on their Kansas return for school and classroom supplies.
What is $250?
Effective for 2025 through 2028, individuals who are age 65 and older may claim an additional deduction of this amount without needing to itemize.
What is $6,000 per eligible individual?
If the total of all noncash contributions exceeds $500, then contributions must be entered on this form.
What is Form 8283?
Set to expire on Dec 31st, 2025, due to OBBBA, this credit provides a 30% nonrefundable tax credit for qualified clean energy property like solar and wind systems.
What is the Residential Energy Credit?
A Sch C filer can take up to half of this as a deduction on Sch 1 as an above-the-line deduction.
What is Self-Employment (SE) Tax?
This Act/Election allows pass-through entities, such as S-corps, to pay state income taxes at the business level, rather than having individual owners pay it on their personal returns
What is the SALT Parity Act?
Starting tax year 2025, up to $10,000 in interest on this type of loan can be deducted by individuals, provided that eligibility criteria are met.
What are car loans?
This form is used to report any farm rental income and expenses based on crops or livestock produced by the lessee.
What is Form 4835?
This credit allows for low- and moderate-income taxpayers who are saving for retirement to receive a credit based on a percentage of eligible contributions (Name the form or the name it goes by).
What is Retirement Savings Contributions Credit or Saver’s Credit?
Medical and dental expenses in excess this percentage of your AGI can be taken on Sch A
What is 7.5%?
This system provides retirement plans to state workers, with benefits generally being non-taxable on the state level.
What is the Kansas Public Employees Retirement System (KPERS)?
Up to (blank) of "qualified" income from tips will now be eligible for a federal income tax deduction for tax years 2025 to 2028. The deduction is capped at (blank) for both single filers and joint filers.
What is $25,000?