KY – Limited Liability Entity Tax Credit Worksheet

Article: 50599

KY – Limited Liability Entity Worksheet 

This worksheet is used to calculate the Limited Liability Entity Tax Credit and, if applicable, the Inventory Tax Credit for Kentucky filers. 
⚠️ Note: An amount must be entered on Line 2 in order for the credit to be applied. 

KY INV – Inventory Tax Credit Worksheet 

This section is used to report the Distributive Share of Allowable Inventory Tax Credit for the entity listed above. 
 

How to Add This Screen 

  1. Click on the State Taxes section on the left-hand side of the screen. 
  1. Click the link I’d like to see the forms I’ve filled out or search for a form
  1. Use the dropdown to select Kentucky
  1. Under the SMLLC tab, click Limited Liability Entity Tax Credit Worksheet.

Further Information 

Visit the Kentucky Department of Revenue – Individual Income Tax page for additional details: 
https://revenue.ky.gov/Individual/Individual-Income-Tax/Pages/default.aspx