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KS online Form 8880: What You Should Know

The Retirement Savings Contributions Credit Is Not Qualified Retirement Form 8880 — Related Forms, Instructions and More Info To claim the credit, you first must have 2,500 (2,500 – 2,000 maximum from your taxable pay, and 500) qualifying retirement or annuity earnings from any combination of Kansas and/or state pensions, retirement annuities, annuity contracts, 403(b) plans (401(k)-type, 403(b)-type, or equivalent plan), or other similar retirement compensation to which the credit applies. Qualified Retirement and Other Retirement Payments Note: “Other retirement payments” means payments that consist of: • payments made for the past, present, or expected future value of future benefits • transfers by a governmental, professional, or professional group to qualified beneficiaries of those payments Exceptions to the Qualifying Retirement and Other Retirement Payments Exception: • payments made to a non-Kan. resident spouse or former spouse of a participant who was a Kansas resident at the time of payment. That includes spousal support and child support payments in Kansas.

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