Kentucky Payment Options

Your individual income tax may be paid using any of the following options: • Form EPAY (42A740), if supported by your software vendor, may be used to make an electronic payment of tax due separately from filing your tax return. Refer to the Form EPAY (42A740) instructions for additional information. • Form 8879-K, for use when simultaneously making an electronic payment and filing [...]

Kentucky State Payments

Your individual income tax liability may be paid using any of the following options: • Form EPAY (42A740), if supported by your software vendor, may be used to make an electronic payment of tax due separately from filing your tax return. Refer to the Form EPAY (42A740) instructions for additional information. • Form 8879-K, for use when simultaneously making an electronic payment and [...]

Kentucky Use Tax Entry

Important Reminder from the Department of Revenue About Out-of-State Purchases: If you made untaxed purchases from out-of-state retailers, the use tax line on your return should contain a number. Like every other state that has a sales tax, Kentucky has a use tax that requires that out-of-state purchases of tangible personal property, digital property and extended warranties for use in Kentucky [...]

Kentucky Pension Subtraction

Pension Income Exclusion— The exclusion amount is 100 percent of taxable retirement benefits or $31,110, whichever is less. All pension and retirement income paid under a written retirement plan (qualified or unqualified) is eligible for exclusion. This includes pensions, annuities, IRA accounts, 401(k) and similar deferred compensation plans, income received from converting a regular IRA [...]

Kentucky State Subtractions

Enter the amount of taxable state income tax refund or credit reported on your federal return and included as income on Form 740, page 1, line 5. Enter interest income from U.S. government bonds and securities. Do not include taxable interest from securities, such as FNMA (Fannie Mae), GNMA (Ginnie Mae) and FHLMC (Freddie Mac), which are merely guaranteed by the U.S. government. Pension Income [...]