Get Ky Form 31a050

Kentucky now joins a majority of states that have enacted PTE taxes as a workaround for the cap on the federal deduction for state and local taxes.

Kentucky now joins a majority of states that have enacted PTE taxes as a workaround for the cap on the federal deduction for state and local taxes.

Kentucky now joins a majority of states that have enacted PTE taxes as a workaround for the cap on the federal deduction for state and local taxes.

A tax liability is a tax bill you owe to a state, local or federal government entity.

A tax liability is a tax bill you owe to a state, local or federal government entity.

A tax liability is a tax bill you owe to a state, local or federal government entity.

Tax-exempt customers Some customers are exempt from paying sales tax under Kentucky law. Examples include government agencies, some nonprofit organizations, and merchants purchasing goods for resale. Sellers are required to collect a valid exemption or resale certificate from buyers to validate each exempt transaction.

Tax-exempt customers Some customers are exempt from paying sales tax under Kentucky law. Examples include government agencies, some nonprofit organizations, and merchants purchasing goods for resale. Sellers are required to collect a valid exemption or resale certificate from buyers to validate each exempt transaction.

Tax-exempt customers Some customers are exempt from paying sales tax under Kentucky law. Examples include government agencies, some nonprofit organizations, and merchants purchasing goods for resale. Sellers are required to collect a valid exemption or resale certificate from buyers to validate each exempt transaction.

No, Post Offices do not have tax forms available for customers. However, you can view, download, and print specific tax forms and publications at the "Forms, Instructions & Publications" page of the IRS website.

No, Post Offices do not have tax forms available for customers. However, you can view, download, and print specific tax forms and publications at the "Forms, Instructions & Publications" page of the IRS website.

No, Post Offices do not have tax forms available for customers. However, you can view, download, and print specific tax forms and publications at the "Forms, Instructions & Publications" page of the IRS website.

A full-year resident of Kentucky files Form 740 and a person who moves into or out of Kentucky during the year or is a full-year nonresident files Form 740-NP.

A full-year resident of Kentucky files Form 740 and a person who moves into or out of Kentucky during the year or is a full-year nonresident files Form 740-NP.

A full-year resident of Kentucky files Form 740 and a person who moves into or out of Kentucky during the year or is a full-year nonresident files Form 740-NP.

The LLET may be calculated using the lesser of $0.095/$100 of Kentucky gross receipts or $0.75/$100 of Kentucky gross profits. A minimum tax of $175 applies regardless of the method used. Sole proprietorships and pass-through entities are exempt from state corporate income taxes.

The LLET may be calculated using the lesser of $0.095/$100 of Kentucky gross receipts or $0.75/$100 of Kentucky gross profits. A minimum tax of $175 applies regardless of the method used. Sole proprietorships and pass-through entities are exempt from state corporate income taxes.

The LLET may be calculated using the lesser of $0.095/$100 of Kentucky gross receipts or $0.75/$100 of Kentucky gross profits. A minimum tax of $175 applies regardless of the method used. Sole proprietorships and pass-through entities are exempt from state corporate income taxes.

LLCs taxed as C-corp Corporations and LLCs with C-corp status are, in a way, taxed twice. Your LLC won't pay the self-employment tax, but you will need to pay the 21% federal corporate tax rate and the Kentucky corporate tax rate of 5%.

LLCs taxed as C-corp Corporations and LLCs with C-corp status are, in a way, taxed twice. Your LLC won't pay the self-employment tax, but you will need to pay the 21% federal corporate tax rate and the Kentucky corporate tax rate of 5%.

LLCs taxed as C-corp Corporations and LLCs with C-corp status are, in a way, taxed twice. Your LLC won't pay the self-employment tax, but you will need to pay the 21% federal corporate tax rate and the Kentucky corporate tax rate of 5%.

​​Individual Income Tax is due on all income earned by Kentucky residents and all income earned by nonresidents from Kentucky sources. Kentucky's individual income tax law is based on the Internal Revenue Code in effect as of December 31, 2021​​​​​.

​​Individual Income Tax is due on all income earned by Kentucky residents and all income earned by nonresidents from Kentucky sources. Kentucky's individual income tax law is based on the Internal Revenue Code in effect as of December 31, 2021​​​​​.

​​Individual Income Tax is due on all income earned by Kentucky residents and all income earned by nonresidents from Kentucky sources. Kentucky's individual income tax law is based on the Internal Revenue Code in effect as of December 31, 2021​​​​​.

To qualify for sales and use tax exemption in Kentucky, first, your nonprofit corporation must have been granted 501c3 status by the IRS. The next distinction is that your KY nonprofit corporation must meet to qualify is that it has to be a resident educational, charitable, or religious entity.

To qualify for sales and use tax exemption in Kentucky, first, your nonprofit corporation must have been granted 501c3 status by the IRS. The next distinction is that your KY nonprofit corporation must meet to qualify is that it has to be a resident educational, charitable, or religious entity.

To qualify for sales and use tax exemption in Kentucky, first, your nonprofit corporation must have been granted 501c3 status by the IRS. The next distinction is that your KY nonprofit corporation must meet to qualify is that it has to be a resident educational, charitable, or religious entity.

Local IRS Taxpayer Assistance Center (TAC) – The most common tax forms and instructions are available at local TACs in IRS offices throughout the country. To find the nearest IRS TAC, use the TAC Office Locator on IRS.gov.

Local IRS Taxpayer Assistance Center (TAC) – The most common tax forms and instructions are available at local TACs in IRS offices throughout the country. To find the nearest IRS TAC, use the TAC Office Locator on IRS.gov.

Local IRS Taxpayer Assistance Center (TAC) – The most common tax forms and instructions are available at local TACs in IRS offices throughout the country. To find the nearest IRS TAC, use the TAC Office Locator on IRS.gov.

All income tax and limited liability entity tax (LLET) forms are available at .revenue.ky.gov (click on Tax Forms) or by calling (502) 564-3658.

All income tax and limited liability entity tax (LLET) forms are available at .revenue.ky.gov (click on Tax Forms) or by calling (502) 564-3658.

All income tax and limited liability entity tax (LLET) forms are available at .revenue.ky.gov (click on Tax Forms) or by calling (502) 564-3658.

Sales tax is a tax on tangible personal property and digital property that is sold, leased or rented in Kentucky and selected services. It is the seller's responsibility to collect the sales tax from the customers and to remit the sales tax to the Department of Revenue.

Sales tax is a tax on tangible personal property and digital property that is sold, leased or rented in Kentucky and selected services. It is the seller's responsibility to collect the sales tax from the customers and to remit the sales tax to the Department of Revenue.

Sales tax is a tax on tangible personal property and digital property that is sold, leased or rented in Kentucky and selected services. It is the seller's responsibility to collect the sales tax from the customers and to remit the sales tax to the Department of Revenue.