62A850 8 10 Commonwealth of Kentucky DEPARTMENT of REVENUE of Revenue Ky Form
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People also ask
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Do you have to pay state income tax in Kentucky?
Kentucky has a flat 4.00 percent individual income tax rate. There are also jurisdictions that collect local income taxes. Kentucky has a 5.0 percent corporate income tax rate. Kentucky also has a 6.00 percent state sales tax rate and does not have local sales taxes.
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Why do I end up owing state taxes?
The usual reason for owing state tax is that you did not have enough tax withheld from your paychecks to cover your state tax liability. Or did you receive unemployment without having tax withheld---some states tax unemployment. Compare your printed 2019 and 2020 state returns line by line to see what is different.
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How do I see if I owe taxes?
You can contact the IRS directly at 800-829-1040 to ask about any back taxes you may owe. Have your Social Security number and any relevant tax documents ready when you call, such as your prior-year tax return, tax returns you're calling about, and any correspondence the IRS sent to you.
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Why would the Kentucky Department of Revenue send me a letter?
You may receive telephone calls about the debt/return you owe. In addition to the Notice of Tax Due sent, the department will send several letters to you about the debt/return owed.
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Where do I send my Kentucky tax payment?
To File a Return Refund or No Payment 740 or 740-NP. Kentucky Department of Revenue. Frankfort, KY 40618-0006. 740-NPR. Kentucky Department of Revenue. Frankfort, KY 40620-0012. Overnight Address. Kentucky Department of Revenue. ... If paying by check or money order, make it payable to "KY State Treasurer" and mail to.
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Do I owe state taxes in Kentucky?
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, 2022.
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How do I contact the KY Department of Revenue?
Individual Income Tax Phone(502) 564-4581. Fax(502) 564-3392. EmailSend us a message.
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How much KY state tax do I owe?
Kentucky has a flat income tax rate of 4.5%, a statewide sales tax of 6% and median property taxes of $1,320 annually. Both the sales and property taxes are below the national averages, while the state income tax is right around the U.S. mark.
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