141.449 Designation of income tax refund to Kentucky CASA network fund.

182 words·~1 min read·/ky/chapter-141/141-449

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

(1)Effective for taxable years beginning on or after January 1, 2019, any taxpayer

required to file a return under KRS 141.180 who is entitled to an income tax refund

and who desires to contribute to the Kentucky CASA network fund created by KRS

620.512 may designate an amount, not to exceed the amount of the refund, to be

paid to the fund. A designation made under this section shall not affect the income

tax liability of the taxpayer, but it shall reduce the income tax refund by the amount

designated.

(2)The tax refund designation authorized by this section shall be printed on the face of

the Kentucky individual income tax form.

(3)The instructions accompanying the individual income tax return shall include a

description of the Kentucky CASA network fund and the purposes for which the

funds from the income tax checkoff may be used.

(4)The department shall, by July 1, 2020, and by July 1 of each year thereafter, transfer

the funds designated by taxpayers under this section to the Kentucky CASA

network fund created by KRS 620.512.