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InvestOhio provides a non-refundable personal income tax credit to investors that provide new equity (cash) into Ohio small businesses to acquire an ownership interest in the company.
Hear this out loud PauseKentucky residents are required to report all of their income regardless of where it was earned. If income is earned in another state and both Kentucky and the other state tax the income, you may be able to claim a credit for taxes paid to the other state as a credit on your Kentucky return.
Hear this out loud PauseThe purpose of KIFA is to encourage capital investment in the Commonwealth of Kentucky, to encourage the establishment of small businesses in Kentucky, to provide additional jobs, and to encourage the development of new products and technologies in the state through capital investments.