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Can the state take your federal income tax in Kentucky?
yes
What amount of sales tax would a state receive from a hotel guest whos room charge is 100 before taxes if that state has a 6 percent sales tax and a 5 percent tourism tax?
The sales tax Kentucky receives is $6.30. I dont know if all states do it but Kentucky charges 6 percent sales tax on the 5 percent tourism tax. Therefore the state tax would be the product of 6 percent and $105. Tax a tax? That sounds like cheating the people and companies that stay in Kentucky hotels to me. Sad. I love this state.
What is the Illinois state income tax percent?
For individual taxpayers, it is 3%.
What is Kentucky sales tax percent?
The Kentucky sales tax is 6%
What was the gross income of david vaughn is 785 per week his deductions are 42.25 fica tax 90.33 income tax 2 percent state tax 1 percent city tax and 3 percent retirement fund what is her net?
$605.32
If you live in Tennessee but worked in Kentucky which state do you file your unemployment in?
Kentucky supposed to pay your unemployment becasue they make you pay income tax.
What is the income tax for Kentucky?
State tax roundupKentuckyBy Bankrate.comKentucky collects taxes on six income brackets at rates ranging from 2 percent to 6 percent. All income earned by Kentucky residents as well as income earned by nonresidents from Kentucky sources is subject to the state tax. More on Kentucky taxes can be found in the tabbed pages below.IncomeSalesPropertyEstateOtherPersonal income taxKentucky collects income taxes from its residents at the following rates:-- 2 percent on the first $3,000 of taxable income-- 3 percent on taxable income between $3,001 and $4,000-- 4 percent on taxable income between $4,001 and $5,000-- 5 percent on taxable income between $5,001 and $8,000-- 5.8 percent on taxable income between $8,001 and $75,000-- 6 percent on taxable income of $75,001 and above.Kentucky tax returns are due on April 15, or the next business day if that date falls on a weekend or holiday.The state's maximum pension income exclusion remains at $41,110 for 2008 returns (unchanged from 2007) for filers who are retired from the federal, state or local government or who receive supplemental U.S. Railroad Retirement Board benefits. Under a law enacted last year, the exclusion amount is no longer adjusted annually for inflation.In 2005, Kentucky's family size tax credit replaced the state's low-income tax credit. Eligibility thresholds have been adjusted for the 2008 tax year: $10,400 for a family of one, $14,000 for a family of two, $17,600 for a family of three and $21,200 for a family of four or more.Sales taxThe sales tax rate in Kentucky is 6 percent.A 6 percent use tax may be due if you make out-of-state purchases for storage, use or other consumption in Kentucky.Personal and real property taxesProperty tax is levied on the fair cash value of all real and personal property unless a specific exemption exists in the Kentucky Constitution or in the case of personal property, has been granted by the General Assembly.Details on the various property tax classifications and rates can be found in the 2007 Property Tax Rates publication, the latest compilation of this data.Kentucky's Department of Revenue offers local property tax information at its Web site.Kentucky offers taxpayers a homestead exemption to homeowners who are 65 years of age or older or classified as totally disabled. Any qualified person wishing to apply for a homestead exemption should contact the Property Valuation Administrator of his or her county and file Form 62A350 for the homestead exemption.Inheritance and estate taxesKentucky collects an inheritance tax.Its estate tax is limited and related to federal estate tax collection. Since the state tax credit has been phased out at the federal level, Kentucky does not impose an estate tax.Other Kentucky tax factsA motor vehicle usage tax of 6 percent is collected on every motor vehicle used in Kentucky. The tax is collected by the county clerk or other officer with whom the vehicle is required to be registered at the time of transfer of ownership or when a vehicle is offered for registration for the first time in Kentucky. License tags will not be issued until the tax is paid.Fiduciaries must pay income tax on the portion of income from an estate or trust not distributed or distributable to beneficiaries. The tax is calculated using a graduated rate of 2 percent to 6 percent.Kentucky excludes all income from all sources for active duty and reserve members of any U.S. military branch or the National Guard who are killed in the line of duty.More information is available at Kentucky's Online Taxpayer Service Center's Web site.To download tax forms on this site, you will need to install a free copy of Adobe Acrobat Reader. Click here for instructions.-- Updated: Feb. 4, 2009
WHICH FORM SHOULD BE USED FOR JOINT FAMILY INCOME TAX RETURN FOR KENTUCKY STATE?
PLEASE REPLY.
The gross income of ginger hughes is 215 per weekher deductions are 15.16fica tax29.33income tax 2 percent state tax1 percent city taxand 3 percent retirement fund what is her net income?
the gross income of ginger hughes is 215 per week her deductions are 15.16fica tax 29.33 income tax 2 percent state tax 1 percent city tax and 3 percent retirement fund what is her net income?
What has the author Russell J Jewert written?
Russell J Jewert has written: 'State-Federal income tax conformity in Kentucky' -- subject(s): Income tax, Law and legislation
Abe makes 275.00 a week in a state where he pays 4.5 percent state income tax WhAbe makes 275.00 a week in a state where he pays 4.5 percent state income tax What wilat will his net pay be after taxes?
he will have to pay $262.625 so 262.63 assuming your rounding up. by the way Texas doesn't have an income tax and for future reference you repeated information in the question.
The gross income of ginger hughes is 215 per week her deductions are 15.16 fica tax 29.33 income tax 2 percent state tax 1 percen?
157.61
