Kansas § 79-32,286 Election by S corporation or partnership to be taxed at entity level

Kansas Statutes

§ 79-32,286 — Election by S corporation or partnership to be taxed at entity level

Kansas·Ch. 79 TAXATION·Art. 32 INCOME TAX

Notwithstanding K.S.A. 79-32,129 and 79-32,139, and amendments thereto, and except as provided in subsection (b), for taxable years commencing on or after January 1, 2022, an S corporation or partnership may annually elect to be subject to tax at the entity level for the taxable period. The S corporation or partnership shall make the election on the return filed by such S corporation or partnership under K.S.A. 79-3220 and 79-3221, and amendments thereto. The filing of such return shall be binding on all electing pass-through entity owners.

Free access — add to your briefcase to read the full text and ask questions with AI

Notwithstanding K.S.A. 79-32,129 and 79-32,139, and amendments thereto, and except as provided in subsection (b), for taxable years commencing on or after January 1, 2022, an S corporation or partnership may annually elect to be subject to tax at the entity level for the taxable period. The S corporation or partnership shall make the election on the return filed by such S corporation or partnership under K.S.A. 79-3220 and 79-3221, and amendments thereto. The filing of such return shall be binding on all electing pass-through entity owners.

Kansas § 79-32,286 (Election by S corporation or partnership to be taxed at entity level) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.