Skip to Content

Home > Taxes > State and Local Taxes > Kentucky State Tax Help and Forms

Kentucky State Tax Help and Forms (Subscribe)

    SocialTwist Tell-a-Friend    

Kentucky tax help, forms and answers to thousands of Kentucky tax questions. Handy summary of all Kentucky taxes, including corporate and individual Kentucky income taxes, credits, exemptions, deductions and more. Includes Kentucky estate, gift and inheritance tax, miscellaneous Kentucky taxes, pass-through entity treatment, payroll taxes, property taxes and Kentucky sales & use taxes.

Kentucky ranks #20 on the State Business Tax Climate Index (

Kentucky State Tax Summary (TaxGrams ™)
Corporate Taxes
   Rates & Brackets:
      4%> $0
      5%> $50,000
      6%> $100,000
   Loss Carry-back/fwd: 0 Years Back / 20 Years Forward (Unlimited)
   Throwback Sales?: N
   Foreign Tax Deductible?: N
   Alternative Minimum Tax (AMT): N
   Gross Receipts Tax: 0.095%
   Capital Stock (Net Worth) Tax?: N

Credits and Incentives
   Job Credits?: Y
   R&D Credits?: Y
   Investment Credits?: Y

Individual Taxes
   Rates & Brackets:
      2%> $0
      3%> $3,000
      4%> $4,000
      5%> $5,000
      5.8%> $8,000
      6%> $75,000
   Local Option IT Rate: 0.76%
   Federal Inc used as Base?: Y
   Standard Deductions: Single $2,050 / Joint $2,050
   Personal Exemptions/Credits (c): Single $20(c) / Joint $40(c) / Dependent $20(c)
   Federal Tax Deductible?: N
   State Tax Deductible?: Y
   Alternative Minimum Tax (AMT)?: N

Inheritance, Gift, Estate, Death Taxes
   Gift Tax?: N
   Estate Tax?: Copies Federal
   Inheritance Tax?: Y
   Generation-Skipping Tax?: N

Miscellaneous Taxes
   Gas Tax: 22.5 cents/gallon
   Diesel Tax: 19.5 cents/gallon
   Cigarette Tax: 60.0 cents/20 pack

Pass-through Entities
   LLC Pass-through Recognized?: Y
   S-Corp Pass-through Recognized?: Y

Payroll Taxes
   Unemployment Insurance Tax Index ( #36

Property Taxes
   Median Tax Paid on Homes (Rank): $823 (#43)
   Median Value of Homes: $118,400
   Tax as % of Home Value (Rank): 0.70% (#32)
   Median Income of Homeowner: $51,676
   Tax as % of Income (Rank): 1.59% (#41)

Sales and Use Taxes
   State Rate: 6.00%
   County & City (Weighted Ave): None
   Combined State and Ave. Local Rates (Rank): 6.00% (#32)
   General Treatment of Services: Exempt
   Gas Exemption: Exempt
   Grocery Exemption: Exempt



Related Categories


Kentucky Revenue Cabinet popular

The Kentucky Revenue Cabinet administers the tax laws and collects tax revenue for the Commonwealth of Kentucky. Our Web site provides access to a variety of helpful info pertaining to KRC and taxation, plus publications and more.

Review It Rate It Bookmark It Report Broken Link

Kentucky: Installment Agreement

When unable to pay in full, the taxpayer should contact the Department of Revenue immediately to explain their circumstances

Review It Rate It Bookmark It Report Broken Link

Kentucky: Voluntary Disclosure

The Voluntary Disclosure program assists taxpayers in voluntarily resolving potential tax liabilities without incurring penalties. To be eligible for this program, the taxpayer's communication must be timely, truthful, complete, and must disclose that the taxpayer had only legal sources of income.

Review It Rate It Bookmark It Report Broken Link