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Family Size Tax Credit - The 2021 threshold amount is $12,880 for a family of one, $17,420 for a size of two, $21,960 for a size of three, and $26,500 for a family size of four or more people.
Kentucky Income Tax Withholding Kentucky's law requires employers to withhold state income tax from employees' wages and remit the amounts withheld to the Department of Revenue. Any employer required to withhold federal income taxes is also required to withhold Kentucky income taxes, including agricultural employers.
Electronic Filing Mandate - Kentucky follows the Federal mandate that a preparer must e-file KY individual returns unless they file 10 or fewer returns in a calendar year.
Form K-4 is only required to document that an employee has requested an exemption from withholding OR to document that an employee has requested additional withholding in excess of the amounts calculated using the formula or tables.
You may be exempt from withholding if you work in Kentucky but reside in one of the following reciprocal states: Illinois, Indiana, Michigan, West Virginia, Wisconsin, Virginia and you commute daily or Ohio and you are not a shareholder-employee who is a \u201ctwenty (20) percent or greater\u201d direct or indirect equity ...
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People also ask

Do I need to file a Kentucky tax return? A. No, you do not have a filing requirement with Kentucky because your modified gross income is not greater than $12,880; however, you will need to file a return to claim a refund of any Kentucky income tax withheld.
A single member LLC whose single member is an individual, estate, trust, or general partnership must file a Kentucky Single Member LLC Individually Owned Income and LLET Return (Form 725) or a Kentucky Single Member LLC Individually Owned LLET Return (Form 725-EZ) to report and pay any LLET that is due.
File Extension Electronically and Pay By Mail - To file an extension electronically and submit payment by mail, send check or money order to Kentucky Department of Revenue, Frankfort, KY 40620-0021.
Mail with payment to Kentucky Department of Revenue, Frankfort, Kentucky 40620-0021. after the return is filed does not constitute a valid extension and late filing penalties will be assessed. 720EXT must be included with the return when filed.
E-file your Kentucky personal income tax return online with 1040.com. These 2021 forms and more are available: Kentucky Form 740/740-NP \u2013 Personal Income Tax Return for Residents / Nonresidents or Part-Year Residents.

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