I rent and don't own my home. Why is the smart checker for state taxes wanting me to input an appraised Property value on form K-40SVR?

Forum|Forum|3 years ago
January 26, 2023
1 reply
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I have answered all questions correctly and when running the smart checker to review my Kansas tax information, a notification pops up saying there is one item to review. That item when clicked on is asking for an appraised Property Value (Line 5B form K-40SVR). If I understand correctly this is a potential form to be filed if you own a home and claiming a refund on property taxes if you are over the age of 65 and/or disabled. So why is it having me answer the questions when it doesn't apply to me nor do I know what to enter if I do have to answer it.

TurboTax Deluxe Online

GeorgeM777

You are correct in that the Senior or Disabled Veteran (SVR) property tax refund claim (K-40SVR) allows a refund of property tax for senior citizens or disabled veterans. The refund amount is the difference between the current and base year property tax amount.

If the property refund does not apply to you, try entering a zero in the space provided and see if that clears the error. If the error is cleared after entering a zero, check your Kansas tax due/refund amount to ensure it has not changed.

@breezdagoat

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