INSTRUCTIONS: KANSAS AMENDED CORPORATION INCOME TAX (Form K-120X)

Kansas corporations can use a form K-120X to file an amended tax return concerning the year 2003. This document can be obtained from the website of the Kansas Department of Revenue.

Kansas Amended Corporation Income Tax K-120X Step 1: Give the dates for which you are filing at the top of the form.

Kansas Amended Corporation Income Tax K-120X Step 2: Give your business name, address and employer identification number.

Kansas Amended Corporation Income Tax K-120X Step 3: In box A, indicate with a check mark which of the eight listed methods to determine your income in the state is being used.

Kansas Amended Corporation Income Tax K-120X Step 4: In box B, indicate whether you filed a separate or consolidated federal return.

Kansas Amended Corporation Income Tax K-120X Step 5: In box C, indicate which of the four listed reasons applies to your amended return.

Kansas Amended Corporation Income Tax K-120X Step 6: If taxpayer information has changed since your last filed return, check the box in box D.

Kansas Amended Corporation Income Tax K-120X Step 7: On lines one through 30, three columns are provided. In column A, give your originally reported figures. In column B, give the net increase or decrease between the original and amended figure. In column C, give the amended figure.

Kansas Amended Corporation Income Tax K-120X Step 8: Lines one through 20 provide instructions for calculating your total state taxable income.

Kansas Amended Corporation Income Tax K-120X Step 9: Transfer the value from line 20 to the top of the second page.

Kansas Amended Corporation Income Tax K-120X Step 10: Lines 21 through 37 concern computation of tax, refunds and penalty payments.

Kansas Amended Corporation Income Tax K-120X Step 11: Part I on the second page requires you to detail any nonrefundable and refundable credits.

Kansas Amended Corporation Income Tax K-120X Step 12: In Part III, provide a written explanation for all changed figures reported. Include additional sheets if you require more space for your explanation.

Kansas Amended Corporation Income Tax K-120X Step 13: Part IV is only for corporations operating on a multistate basis.

Kansas Amended Corporation Income Tax K-120X Step 14: Sign and date the second page and provide your job title. If a paid preparer completed this form, they must give their name and address.