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What are the different tax return forms?

There are three personal income tax forms \u2014 1040, 1040A and 1040EZ \u2014 with each designed to get the appropriate amount of your money to the IRS. Differences in the forms, however, could cost you if you're not paying attention.

Do I have to file local tax return?

Yes. If you live in a jurisdiction with an Earned Income tax in place and had wages for the year in question, a local earned income return must be filed annually by April 15, (unless the 15th falls on a Saturday or Sunday then the due date becomes the next business day) for the preceding calendar year.

Does Louisville KY accept federal extension?

Will the Revenue Commission accept a copy of the federal extension? A standard extension request form (Form OL-3E) is available through the Louisville Metro Revenue Commission's website. However, a copy of your federal income extension request for the same year, is acceptable.

Do you pay local taxes where you live or work in Kentucky?

Local governments can impose an earnings tax on Kentucky residents who work inside their city or county limits. The local income tax doesn't qualify for the other state income tax credit on the Kentucky return because a county, not a \u201cstate,\u201d imposed it.

What taxes do you pay in Louisville Ky?

Kentucky imposes a flat income tax of 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 taxes, which are called occupational taxes.

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