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Friday, April 15, 1988 / University Daily Kansan
Retiree returns due tonight Retired Regents employees may get benefits
By Elaine Woodford Kansan staff writer
Time runs out at midnight tonight for retired Board of Regents employees to file amended Kansas tax returns for 1983 and receive a refund for state taxes paid on benefits from two retirement plans.
But Calvin Harbin, a retired professor from Fort Hays State University and director of tax advising for the Kansas American Association of Retired Persons, said that some refunds are still being refunded on taxes paid in 1983 will not be able to file in time to meet the deadline.
"Somebody who is on vacation or in the hospital and unable to have someone file an amended return for them will be out of luck," he said.
The Kansas statute of limitations on filing amended returns is four years. After midnight, retirees will
be able to file amended tax returns only for the years 1984 to 1987.
The retirement plans affected are the Teachers Insurance and Annuity Association and the College Retirement Equities Fund.
A statement issued April 8 by the state Department of Revenue said Regents staff employees and employees at Regents schools will be eligible for a tax exemption on benefits from the retirement funds.
Oscar Haugh, professor emeritus of curriculum and instruction and the secretary of the state legislative committee on the AARP, estimated the number of retired KU employees who could be eligible for a refund on 1983 taxes at 200. More than 500 employees could be eligible for a refund for taxes paid between 1984 and 1987.
Haugh said he hoped that all 200 retired employees who were eligible
would file amended returns.
"Those who file have nothing to lose, but they might gain something." he said.
Haugh announced the new tax exemption ruling at meetings of the KU Retirees Club. He also hand delivered to Chancellor Gene A. Budig's office a letter that asked officials from the chancellor's office to immediately contact all retirees about the new exemption.
Although Harbin did not comment on the amount of refund he was expecting, he did say that most retirees could expect a sizable portion, possibly several thousand dollars.
"The exemption is certainly a wonderful development," he said.
Haugh expects that more legislation directed at protecting the rights of retired individuals will be developed during the next session.
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