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 Kentucky Form 740x 2010

2010-2025 Form

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Instructions and help about Kentucky Form 740x

good morning and welcome to your farm and home show my name is joanna coles and this morning we're visiting with kevin lyons he's the monroe county extension agent for agriculture and natural resources good morning kevin good morning joanna now kevin we get calls at the extension office all the time about farm tax exemption and those type of things but we have something new this year to tell people we do there's a new law that just kind of went into effect i think july 1st of 2021 it was passed about a year ago but it's just like most laws it takes a little lag time for it to take effect but it will take full effect uh january 1st 2022 and it's where farmers and ag producers need to have an ag exemption number in order to always get that sales tax exemption on their purchases that qualify for that all right so in years past they would fill out a form and take that to their retailer but now they have to actually send in a form to the department of

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