The Kentucky Department of Revenue is committed to helping you understand Kentucky income tax law changes, keeping you updated, and answering your questions. Links to the Income Tax Fre quently Asked Questions (FAQs) may be found at right.

The Tax Cuts and Jobs Act increased the federal limitation threshold for cash contributions and Kentucky adopted that provision. For most gifts by cash or check, the total amount of such contributions that can be deducted is now limited to 60% …

No, Kentucky will not blend its corporate income tax rates, because the Kentucky statute was amended to state the rate change applies to, “taxable years beginning on or after January 1, 2018.” Although the new federal law contains similar language to the Kentucky statute, a separate section of the Internal Revenue Code (IRC §15 ) requires ...

No, fiduciary fees paid or incurred to the fiduciary for administering the estate or trust during the tax year do not need to be added back. For additional items that are still allowable on the Form 741 Kentucky Fiduciary Income Tax Return, see the DOR Fiduciary Tax webpage .

The law change to remove the deduction from individual income tax affects health insurance premiums paid with after-tax dollars. When should employers implement the new flat 5% rate for withholding? The 5% tax rate is effective January 1, 2018 and thereafter; therefore, implementing the new withholding formula as soon as possible will ensure ...

Income Taxes . Income Taxes; Corporation and Pass-Through Entity Taxes FAQs; Individual Income Tax FAQs; Fiduciary Tax FAQs; Sales and Excise Taxes . 2022-23 Changes to Sales Tax on Services; 2018-19 Changes to Sales Tax on Services; Do I Need to Register for a Sales and Use Tax Account; Cosmetic Surgery Procedures; Employer Recruitment ...

The December 2023 edition of the Kentucky Sales Tax Facts highlights issues related to non-profit groups, extended warranty services, short-term rental services, and RV camper trailers. The June 2023 edition of the Kentucky Sales Tax Facts newsletter provides details on changes in taxable services and the provision of exemptions provided in HB 360.

Income Taxes . Income Taxes; Corporation and Pass-Through Entity Taxes FAQs; Individual Income Tax FAQs; Fiduciary Tax FAQs; Sales and Excise Taxes . 2022-23 Changes to Sales Tax on Services; 2018-19 Changes to Sales Tax on Services; Do I Need to Register for a Sales and Use Tax Account; Cosmetic Surgery Procedures; Employer Recruitment ...

Jan 1, 2023 · Before the seller is eligible for a sales and use tax refund, the seller must refund the taxes collected back to the customer. See KRS 139.770 . Then, sellers must file a Sales and Use Tax Refund Application, Form 51A209, with the Sales and Use Tax Division to document and submit the request for repayment of the tax remitted with previously ...

Sales and use tax imposed on services is based on where the customer receives the service. For the purposes of sales and use tax, receiving a service means where the customer makes first use of the service. See KRS 139.105 and Kentucky Administrative Regulation 103 KAR 30:190. The sale of photography and photo finishing services that includes ...