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No carry forward permitted for tax credits provided by KRS 141.385 and 141.386 -- Claims for credits

KRS 141.387
in effect
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141.387. No carry forward permitted for tax credits provided by KRS 141.385 and 141.386 -- Claims for credits (1) The tax credits established by KRS 141.385 and 141.386 shall not be carried forward to a return for any other period. (2) If an expenditure by a taxpayer qualifies for credits under more than one (1) of the provisions of KRS 141.385 and 141.386, the taxpayer may claim credit under one (1) section only. Effective: June 26, 2009 History: Created 2009 (1st Extra. Sess.) Ky. Acts ch. 1, sec. 71, effective June 26, 2009.
Source: Kentucky Legislative Research Commission (legislature.ky.gov)URL: https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=29127Fetched: 10/20/2026

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