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1042A740 M 0003 Indd Kentucky Department of Revenue  Form

1042A740 M 0003 Indd Kentucky Department of Revenue Form

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welcome to county office your ultimate guide to local government services and public records let's get started does Kentucky have income tax kuy's tax system includes various forms of Taxation the state imposes taxes on individual income this means residents and certain non-residents must pay taxes on earnings kuy's income tax applies to wages salaries and other forms of compensation the state also taxes interest dividends and business income Kentucky uses a flat tax rate for individual income tax this simplifies the calculation process for taxpayers the State's Department of Revenue oversees tax collection and enforcement in addition to state income tax Kentucky residents may be subject to federal income tax it is important to file both state and federal tax returns annually Kentucky offers various deductions and credits to reduce taxable income these can include standard deductions and itemized deductions taxpayers should be aware of filing deadlines t

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