What is the Refund Advancement Program?
When a claimant checks the Refund Advancement Program box on the 2008 Form K-40PT, it authorizes the KDOR to advise the County Treasurer of the county where the claimant resides that the claimant is eligible for an advancement. For example, lets say that a SAFE SENIOR claimant completes the 2008 Form K-40PT and checks the Refund Advancement Program box, and files it with KDOR between January 1, and April 15, 2009. Furthermore, lets say that the claimant is due a $1,000 SAFE SENIOR refund for 2008. Once KDOR receives and processes the 2008 Form K-40PT refund request, KDOR will issue a $1,000 refund check to the claimant. KDOR will also notify the County Treasurer in the County in which the claimant resides that the claimant is entitled to an advancement in essence a loan – of up to $1,000 to be applied toward the payment of the 1st half of the 2009 property tax. The County Treasurer will reduce the claimants 1st half of the 2009 property tax by $1,000 or the amount of the property tax,
