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January 30, 2020
Question

I'm a retired Kentucky resident. How do I account for "exempt percentage" on the State Income Tax?

  • January 30, 2020
  • 1 reply
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1 reply

February 3, 2020


The exempt percentage is the federally taxable portion of pension income paid by the federal government, by the Commonwealth of Kentucky, or by any Kentucky local government-- it is the amount that you did not contribute to the plan.