Kansas Administrative Regulations

Regulation Number:92-2-80
Agency Title: KANSAS DEPARTMENT OF REVENUE
Article Title: Inheritance Taxes
Tax Type:Inheritance Tax
Brief Description:Expense deductions not allowable as deductions for income tax
purposes.
Keywords:


Body:

92-2-80 Expense deductions not allowable as deductions for income tax purposes. (a) Expenses which have been, or will be, deducted for inheritance tax purposes shall not be deducted for income tax purposes. To deduct an item for income tax purposes, there shall be attached to a timely filed inheritance tax return a schedule or information setting forth the nature and amount of the deduction, a statement that the amounts have not been allowed as deductions under K.S.A. 79-1559(d) and (e) or K.S.A. 79-1561, and its amendments, and a waiver of the right to have the amounts allowed at any time as deductions under K.S.A. 79-1559(d) and (e) or K.S.A. 79-1561, and its amendments. The waiver shall be irrevocable once it is made.
(b) The manner in which expenses are deducted at the federal level shall not determine the manner of deductions for Kansas. (Authorized by K.S.A. 79-1583; implementing K.S.A. 79-1562; effective May 1, 1986.)