42A740(I) (1015) 2015 Kentucky Individual Income Tax Instructions for Forms 740 and 740EZ General Information Which form should I file - tax-brackets-2025

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Overview of Kentucky Taxes Kentucky imposes a flat income tax of 4.5%. The tax rate is the same no matter what filing status you use. Aside from state and federal taxes, many Kentucky residents are subject to local income taxes, which are called occupational taxes.
Annual wages minus the Kentucky standard deduction equals annual Kentucky wages. Compute tax on wages using the 4% Kentucky flat tax rate to determine gross annual Kentucky tax. Divide the gross annual Kentucky tax by the number of annual pay periods to determine the Kentucky withholding tax for the pay period.
Use the Tax Withholding Estimator on IRS.gov. The Tax Withholding Estimator works for most employees by helping them determine whether they need to give their employer a new Form W-4. They can use their results from the estimator to help fill out the form and adjust their income tax withholding.
The income tax withholding formula for the State of Kentucky, includes the following changes: The annual standard deduction has changed from $2,980 to $3,160. The tax rate has changed from 4.5 percent to 4.0 percent.
The Kentucky K-4 form allows employees to file an exemption from Kentucky state taxes or request that additional Kentucky state taxes be withheld from their paychecks. In this K-4 form guide, well take a look at the Kentucky withholding exemption form, who should fill it out and how to fill it out.
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Kentucky Form 740/740-NP Personal Income Tax Return for Residents / Nonresidents or Part-Year Residents. Kentucky Form 740 Family Size Tax Credit Worksheet.
Kentucky has a flat 4.00 percent individual income tax rate. There are also jurisdictions that collect local income taxes. Kentucky has a 5.0 percent corporate income tax rate. Kentucky also has a 6.00 percent state sales tax rate and does not have local sales taxes.