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, 2023.

1 day ago · The push for tax cuts in Kentucky comes as President Donald Trump has proposed tax cuts for individuals and businesses, while governors and lawmakers in some states are seeking to cut more. The movement for more tax cuts comes after most states already have slashed income, sales or property taxes in recent years, and it’s pressing ahead even though state revenue growth has been slowing or ...

1 day ago · The new law will lower Kentucky's income tax rate from 4% to 3.5% at the start of 2026. The bill garnered bi-partisan support. "About half of their caucus voted for House Bill 1, after several ...

1 day ago · Beshear's record on tax cuts is more complicated. He signed an earlier half-point cut in the personal income tax in 2023. He vetoed the tax overhaul in 2022, objecting to provisions that extended ...

FRANKFORT, Ky. (Jan. 16, 2025) — The Kentucky Department of Revenue (DOR) will begin accepting state individual income tax returns on Monday, Jan. 27, and will begin processing returns the same day. The deadline for Kentuckians to …

Kentucky is now offering KY File, a new way to file your return free of charge. It allows you to: Select the Kentucky income tax forms and schedules that you need; Fill in your tax information online; Perform basic mathematical calculations; Electronically sign and e …

The Kentucky Department of Revenue is committed to helping you understand Kentucky income tax law changes, keeping you updated, and answering your questions. Links to the Income Tax Fre quently Asked Questions (FAQs) may be found at right.

1 day ago · Democratic Gov. Andy Beshear has signed a Republican-backed measure to further reduce Kentucky’s income tax. The state's personal income tax will be lowered from 4% to 3.5% percent on Jan. 1, 2026.

Aug 13, 2024 · Kentucky generally has a flat income tax rate for 2024 of 4.0%. Last year, the income tax rate was 4.5%. Further 0.5% reductions are possible in future years if certain revenue and budget...

3 days ago · The Kentucky Senate voted Tuesday to cut Kentucky’s individual income tax rate from 4% to 3.5% beginning New Year’s Day 2026. Members voted 34-3 to pass House Bill 1, ...