KENTUCKY Tax Returns with ExpressTaxRefund.com! |
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Looking to cut down on tax preparation time? You can file your KENTUCKY income taxes and federal taxes at the same time using ExpressTaxRefund.com. ExpressTaxRefund.com simplifies the tax preparation process by automatically filling in any matching information into both your state and federal tax forms. State income tax in Kentucky is collected on a variable scale, dependent on income. The six different tax brackets follow:
Retirement Income Kentucky does not tax Social Security benefit s, and railroad retirement benefits are also exempt. Any additional retirement income up to $41,110 can be exempt from state taxes if the money was distributed from a qualified IRA, 401(k), annuity, and private pensions. Additional exemptions may apply to pensions from military or civil service, but state or local governments.Residency Status You are a resident of Kentucky if you hold a domicile on December 31st of the tax year within the state. Taxpayers who spend more than 183 days in Kentucky and maintain a residence. Other taxpayers are considered nonresidents. Reciprocal agreements are in place between Kentucky and the following states: Indiana, Illinois, Michigan, Ohio, Virginia, West Virginia, and Wisconsin. Income earned in Kentucky is not subject to state taxes for residents in the states mentioned. Kentucky residents who work in the reciprocal states are exempt from paying state taxes for the employed state, however in Virginia, you must commute daily. ExpressTaxRefund.com supports all state income tax returns. Washington D.C. along with 41 states have income tax returns. If you live in Alaska, Florida, Nevada, New Hampshire, South Dakota, Tennessee, Texas, Washington or Wyoming, you only need to file your Federal Income Tax Return with the IRS. Benefits of using ExpressTaxRefund.com:
Take advantage of online E-Filing services available through ExpressTaxRefund.com Filing your tax return with ExpressTaxRefund.com is faster than ever. Choose direct deposit, and receive your tax refund even quicker! Be kept up to date on the status of your return. You can view the status of your tax return right through our website, with daily updates to your account and filing status with the IRS. Customer Support : |
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