Endow Kentucky Tax Credit
Attention philanthropists! The Endow Kentucky tax credit cap for fiscal year June 30, 2017 is now available. The Application for Preliminary Authorization of the Endow Kentucky Tax Credit (Form 41A720-S85) shall be used to obtain preliminary approval of the tax credit. To obtain a copy of the form click on the link provided below. The department shall accept an application via fax, e-mail, or hand-delivery as provided on page 1 of Form 41A720-S85. The process for acceptance and consideration of an application is set forth in 103 KAR 15:195E. Please return to the web page for future updates on the amount of available tax credit.
Should you have any questions:
Telephone 502-564-8139 or email: KRC.WEBResponseEconomicDevelopmentCredits@ky.gov.
Total Available Endow Kentucky Tax Credit as of 7/01/16
For Fiscal Year Ending June 30, 2017: $1,000,000
Amount Allocated to Date: $0
Remaining Amount Available to Taxpayers: $1,000,000
Date Last Application Processed:
Total Available Endow Kentucky Tax Credit as of 7/10/15
For Fiscal Year Ending June 30, 2016: $500,000
Amount Allocated to Date: $500,000
Remaining Amount Available to Taxpayers: $0
Date Last Application Processed: 7/10/15