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When are taxes due in Kentucky 2024? The federal deadline is April 15. The IRS expects more than 128.7 million individual tax returns to be filed by that date, officials said.
August 21, 2024 at 11:52 AM Ryan C. Hermens/rhermens@herald-leader.com The Kentucky state budget has met the requirements for another cut to the personal income tax.
2024 Kentucky Amendment 2 was a rejected legislatively referred amendment to the Kentucky Constitution, which was voted on as part of the 2024 Kentucky elections. If enacted, the amendment would have allowed the Kentucky General Assembly to fund charter schools .
May 28, 2024 at 1:59 AM. Silas Walker/swalker@herald-leader.com. Three percent. ... Kentucky’s been on a path to reduce the income tax from 5% all the way to zero.
QSBS is a tax exemption on a federal, and in some cases, a state level. [3] The tax benefit can exclude up to 100% of capital gains on the sale of QSBS held for five years. [ 4 ] The tax exemption allows for the exclusion from taxable income of capital gains up to the greater of $10 million or 10 times the shareholder's basis in their stock (i ...
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