Subtractions from Income

If you have reported a previous year's state income tax refund on your current Federal income tax return, you must subtract this on your Kansas return by entering the amount of the refund on Kansas Schedule S, Part A.

You may reduce the amount of income you pay Kansas Income Tax on by the amount you contribute to the Quest529 Education Savings Programs up to a maximum of $6,000 per student if you are married filing a joint return, and $3,000 per student for any other filing status. You enter the amount to be subtracted on Kansas Form Schedule S, Part A. Any taxpayer who contributes to the account is entitled to the deduction regardless of whether or not they are the account owner. For more information about Quest529, call 1-800-579-2203, or you may visit their web site at https://www.quest529.com .

Contributions to another state's qualified 529 tuition program are also eligible for the above described subtractions. For example, a taxpayer with Kansas source income may contribute to any other state's qualified 529 program and still take a deduction on their Kansas income tax return up to the maximum of $6,000 per student for married taxpayers filing a joint and $3,000 per student for any other filing status.

You may reduce the amount of income you pay Kansas Income Tax on by 1) the amount you contribute to a qualified Adoption Savings Account up to a maximum of $12,000 if you are married filing a joint return, and $6,000 for any other filing status, and 2) amounts received as income earned from assets in an Adoption Savings Account. You enter the amount to be subtracted on Kansas Form Schedule S, Part A. Please note that if distributions from the account are not used to pay for expenses or transactions authorized pursuant K.S.A. 38-2504, or are not held for the minimum length of time required by K.S.A. 38-2504, the amount of any contributions to, or earnings from, an Adoption Savings Account must be added back to Kansas income.

You may reduce the amount of income you pay Kansas Income Tax on by 1) the amount you contribute to a qualified First-Time Home Buyer Savings Account up to a maximum of $6,000 if you are married filing a joint return, and $3,000 for any other filing status, and 2) amounts received as income earned from assets in a First-Time Home Buyer Savings Account. You enter the amount to be subtracted on Kansas Form Schedule S, Part A. Please note that if distributions from the account are not used to pay for expenses or transactions authorized pursuant K.S.A. 58-490 or are not held for the minimum length of time required by K.S.A. 58-4904, the amount of any contributions to, or earnings from, a First-Time Home Buyer Savings Account must be added back to Kansas income. For more information, please see Department of Revenue Notice 24-04 .