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Kansas

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Kansas State and Local Tax

Income Taxes

  • Tax Rate Range:: Low - 2.0%; High - 6.0%
  • Income Brackets: Lowest - $3,000; Highest - $75,000
  • Number of Brackets: 5
  • Personal Tax Credits: Single - $20; Married - $40; Dependents - $20; if age ;65 or older, take an additional tax credit of $40.
  • Standard Deduction: May either itemize deductions or take an $1,970 standard deduction.
  • Medical/Dental Deduction:: Federal amount. The state allows a reduction of taxable income for 100% of long-term care insurance and health insurance premiums.
  • Federal Income Tax Deduction: None
  • Retirement Income Taxes: Social Security, Railroad Retirement benefits, and Roth IRA proceeds are exempt. Exclusion of up to $41,110 for military, civil service, state/local government, qualified private pensions, and annuities. The exclusion will no longer be subject to an annual adjustment on the consumer price index after 2006.
  • Retired Military Pay: Not taxed. If retired after 1997, pay is subjected to tax if amount exceeds $41,110 - See Kentucky Schedule P.
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  • Military Disability Retired Pay:
  • Disability Portion - Length of Service Pay; Member on September 24, 1975 - No tax; Not Member on September 24, 1975 - Taxed, unless combat incurred. Retired Pay - Based solely on disability: Member on September 24, 1975 - No tax; Not Member on September 24, 1975 - Taxed, unless all pay based on disability and disability resulted from armed conflict, extra-hazardous service, simulated war, or an instrumentality of war.
  • VA Disability Dependency and Indemnity Compensation: Not subject to federal or state taxes
  • Military SBP/SSBP/RCSBP/RSFPP: Generally subject to state taxes for those states with income tax. Check with state department of revenue office.

Sales Taxes

  • State Sales Tax: 6% (food and prescription drugs, residential utilities except telephone, and medical supplies are exempt)
  • Gasoline Tax: 18.5 cents/gallon
  • Diesel Fuel Tax: 15.5 cents/gallon
  • Cigarette Tax: 30 cents/pack of 20

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Property Taxes

  • All real property in Kentucky is subject to state and local property tax. The state real property tax rate is 13.6 cents per each $100 of assessed value. Real property is assessed on 100% of fair market value. To review the latest rates, click here. Kentucky has a homestead exemption on the assessed value of a qualifying single-unit residential property which is adjusted every two years according to the cost of living index. For homeowners 65 and older or totally disabled, $29,400 of the assessed value of their property is exempt from state taxes. Call 502-564-4581 for details.

Estate Taxes

  • Kentucky has an inheritance tax but all Class A beneficiaries (spouse, parent, child, grandchild, brother, and sister) are exempt. As for the estate tax, if the total amount of the estate is less than the federal applicable exclusion, federal estate and gift tax is not due.
  • For further information, visit the Kentucky Department of Revenue site or call 502-564-4581.





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Last Updated ( Monday, 21 January 2008 )
 
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