Income Tax Kentucky Rate

The kentucky income tax rate is one.

Income tax kentucky rate. Prior to 2018 the state had rates ranging from 2 to 6. Kentucky s individual income tax law is based on the internal revenue code in effect as of december 31 2018. That try to keep things simple when it comes to state income tax rates by imposing a flat rate. Compare your take home after tax and estimate your tax return online great for single filers married filing jointly head of household and widower.

The state income tax rate is 5 regardless of income. Below you will find 2019 kentucky tax brackets and tax rates for all four ky filing statuses. The kentucky income tax rate is 5 and it is a flat tax rate meaning that no matter what level of income you earn in kentucky the income tax rate remains the same. This differs from the federal income tax which has a progressive tax system higher rates for higher income levels.

Kentucky income tax rate for 2019. The federal income tax in contrast to the kentucky income tax has multiple tax brackets with varied bracket width for single or joint filers. Individual income tax is due on all income earned by kentucky residents and all income earned by nonresidents from kentucky sources. Kentucky has one individual income tax bracket with a flat rate of 5.

There are a total of eleven states in the u s. You can click on any city or county for more details including the nonresident income tax rate and tax forms. Detailed kentucky state income tax rates and brackets are available on this page. Both kentucky s tax brackets and the associated tax rates were last changed three years ago in 2017.

The kentucky income tax has one tax bracket with a maximum marginal income tax of 5 00 as of 2020. 2020 kentucky tax tables with 2021 federal income tax rates medicare rate fica and supporting tax and withholdings calculator. The kentucky tax rate and tax brackets tabulated below are based on income earned between january 1 2019 through december 31 2019.