INCOME TAXES
KRS tit. XI, ch. 141
in effectContents
section141.010. Definitions for chapter for taxable years beginning on or after January 1, 2018section141.011. Casualty losses -- Net operating lossessection141.012. Repealed, 2006section141.013. Repealed, 1974section141.014. Disposition of receipts under chaptersection141.015. Repealed, 1954section141.016. Reporting federal adjusted gross income attributed to husband and wife -- Allocation of income and business deductions between husband and wifesection141.017. Deductions allowed by this chapter limited to amounts directly or indirectly subject to taxation under this chapter -- No item to be deducted more than oncesection141.018. Department's authority to interpret and carry out provisions of certain income tax changes made by the 2005 Regular Session and 2006 First Extraordinary Session of the General Assembly -- Authority to promulgate administrative regulations to explain or implement changessection141.019. Calculation of adjusted gross income and net income for taxpayers other than corporationssection141.020. Levy of income tax on individuals -- Rate of normal tax -- Reduction -- Tax credits -- Income of nonresidents subject to tax -- Election to pay tax imposed by KRS 141.023section141.021. Federal and local government annuities excluded from gross income -- Taxability after December 31, 1997section141.022. Repealed, 1962section141.023. Optional tax tablessection141.025. Repealed, 1976section141.030. Levy of income tax on estates, trusts and fiduciaries -- Liability of fiduciariessection141.039. Calculation of gross income and net income for corporationssection141.040. Corporation income tax -- Exemptions -- Ratesection141.041. Tax credit for corporations for installing, modifying or utilizing coal for manufacturing or heatingsection141.042. Repealed, 2019section141.044. Payment of estimated tax by corporations and pass-through entities -- Refund of taxes -- Administrative regulationssection141.046. Repealed, 1970section141.050. Federal interpretations applicable, when -- Taxpayer record -- Subpoenas -- Forms -- Regulationssection141.055. Repealed, 1954section141.060. Repealed, 1956section141.062. Premiums paid for health insurance to be treated as income tax creditsection141.063. Skills training investment credits allowed by KRS 154.12-204 to 154.12-208 -- Application to income tax obligations -- Annual reportsection141.065. Tax credit for hiring person classified as unemployed -- Annual reportsection141.066. Definitions -- Nonrefundable low income, family size, and income gap tax creditssection141.067. Household and dependent care service creditsection141.068. Definitions -- Determination of tax credits under KRS 154.20-258section141.069. Credit allowed for tuition at eligible educational institutionsection141.070. Credits allowed individuals for tax paid to other statessection141.071. Definition -- Right to designate portion of tax to political partysection141.072. Designation of party -- Certification and remittance to state and county party organizationssection141.073. Rules and regulationssection141.075. Repealed, 1954section141.080. Repealed, 1954section141.081. Optional standard deduction for individuals -- Exceptionsection141.082. Repealed, 1976section141.083. Repealed, 1954section141.084. Repealed, 1954section141.085. Repealed, 1954section141.090. Repealed, 1954section141.095. Repealed, 1954section141.096. Repealed, 1954section141.100. Repealed, 1954section141.0101. Depreciation methods and transitional rulessection141.0105. Repealed, effective January 1, 2006section141.110. Repealed, 1954section141.120. Division of income of interstate business for tax purposes -- Apportionmentsection141.121. Special rules for apportioning business income -- Management of a treasury function -- Passenger airlines -- Qualified air freight forwarders -- Administrative regulations regarding sourcing of receiptssection141.124. Repealed, 1966section141.125. Repealed, 1954section141.130. Liability for tax on discontinuation of businesssection141.140. Accounting period for computation of incomesection141.150. Reports of income payments to otherssection141.160. When returns for income tax are due -- Forms -- Copy of federal return may be required -- Returns for cooperativessection141.170. Extension of time for filing returnssection141.175. Extension for members of Armed Forces serving in combat zonessection141.180. Individuals required to make return -- Verificationsection141.190. Returns of fiduciariessection141.200. Corporation returns -- Requirement of affiliated groups to file consolidated returnssection141.0201. Artistic charitable contributions deduction for individualssection141.201. Corporation returns -- Election of affiliated groups to file consolidated returns -- Taxable years beginning on or after January 1, 2019section141.0202. Repealed, 2018section141.202. Requirement of taxpayer engaged in a unitary business with one or more other corporations to file a combined report -- Administrative regulations -- Taxable years beginning on or after January 1, 2019section141.205. Disallowance of certain deductions for affiliated entities or related partiessection141.0205. Priority of application and use of tax creditssection141.206. Filing of returns by pass-through entities -- Withholding requirements on owners of pass-through entities -- Appointment issues for pass-through entitiessection141.207. Calculation of estimated tax required by KRS 141.206 for nonresident individuals -- Payment of estimated taxsection141.208. Treatment of limited liability companiessection141.209. Annual election to have tax under KRS 141.120 imposed on pass-through entity -- Refundable tax credit -- Report to owner -- Administrative regulationssection141.210. Auditing of returns -- Assessment of additional taxsection141.211. Audits performed and additional tax assessed at the partnership levelsection141.0215. Inclusion in gross income of government retirement payments after December 31, 1997 -- Computationsection141.215. Deferred filing of returns and payment of taxessection141.220. Payment of tax -- When duesection141.225. Repealed, 1950section141.230. Repealed, 1954section141.235. Action interfering with collection or payment prohibited -- Limitation on refund of taxessection141.240. Repealed, 1954section141.250. Repealed, 1952section141.260. Repealed, 1952section141.270. Repealed, 1952section141.300. Repealed, 2019section141.305. Estimated income tax payments -- Administrative regulationssection141.310. Withholding of tax from wages paid by employersection141.315. Department to promulgate regulations governing certain types of wage paymentssection141.320. Remuneration paid by an employer deemed wagessection141.325. Withholding exemptions -- Certificatessection141.330. Employers to file quarterly returns and make payments -- Liability -- Actions -- Lien on property of employersection141.335. Annual withholding statement to be furnished employeesection141.340. Liability of employer for tax payment -- Corporate officers, managers of limited liability companies, and partners of registered limited liability partnerships personally liablesection141.345. Refund or credit in case of overpaymentsection141.347. Computation of income tax creditsection141.350. Credit of amount withheld against tax imposed by KRS 141.020 for same taxable yearsection141.355. Crediting of overpayment and refund of balance -- Withholding in excess of tax imposed by KRS 141.020, when considered overpaymentsection141.360. Repealed, 1970section141.370. Tables for determining tax to be withheldsection141.375. Repealed, 2005section141.380. Repealed, 2005section141.381. Nonrefundable tax credit for entities participating in the Metropolitan Collegesection141.382. Refundable or transferable tax credit for qualified rehabilitation expenses for certified historic structuresection141.383. Refundable tax credit for motion picture or entertainment production expenses -- Limitations -- Qualifications -- Reportingsection141.384. Nonrefundable tax credit for small businessessection141.385. Nonrefundable tax credit for railroad improvementsection141.386. Nonrefundable tax credit for railroad expansion or upgrade to accommodate transportation of fossil energy resources or biomass resourcessection141.387. No carry forward permitted for tax credits provided by KRS 141.385 and 141.386 -- Claims for creditssection141.388. Repealed, 2018section141.389. Nonrefundable and nontransferable distilled spirits ad valorem tax credit - - Election to waive credits -- Credit to be used only for capital improvement at licensed distiller's premises -- Refundable credit for taxpayer investing and creating jobs in area of low and moderate income -- Administrative regulations -- Annual reportsection141.390. Tax credit for recycling or composting equipment -- Reportsection141.391. Nonrefundable tax credit for expansion of broadband servicessection141.392. Repealed, 2018section141.395. Tax credit for construction of research facilitiessection141.396. Nonrefundable angel investor tax credit against individual income tax -- Carry forward -- Transfer of credit -- Recapture of credit -- Data reporting requirementssection141.398. Development area tax credit -- Annual reportsection141.399. Economic development tax credit -- Duties of department -- Administrative regulationssection141.400. Tax credit for company approved for economic development project under KRS 154.28-010 to 154.28-100section141.0401. Limited liability entity tax -- Exemptions -- Ratesection141.401. Repealed, 2023section141.402. Taxing provisions governing approved companies under Subchapter 25 of KRS Chapter 154section141.403. Tax credit for company approved on or before June 30, 2021, under KRS 154.26-010 to 154.26-100 -- Administrative regulationssection141.0405. Repealed, 2018section141.405. Tax credit for company approved for occupational or skills upgrade training program under KRS 154.12-2084 to 154.12-2089 -- Administrative regulationssection141.0406. Repealed, 2018section141.407. Determination of allowable income tax credit approved company may retainsection141.408. Inventory tax credit -- Applies on or after January 1, 2018 -- Pass-through entities, allowable credit -- Annual reportsection141.410. Definitions for KRS 141.410 to 141.414section141.412. Tax credit for qualified farming operation -- Annual reportsection141.414. Computation of tax and creditsection141.415. Computation of income tax and credit for approved companysection141.416. Repealed, 2009section141.417. Alternative jet fuel tax credit -- Definitions for section -- Rates -- Limits -- Administrative regulations -- Reports -- Application and certificationsection141.418. Nonrefundable credit for voluntary environmental remediationsection141.419. Definitions for section -- Refundable credit for qualifying expenditures at qualifying decontamination property -- Administrative regulations -- Reportingsection141.420. Repealed, 2018section141.421. Tax incentives for alternative fuel, gasification, and renewable energy facilitiessection141.422. Definitions for KRS 141.422 to 141.425section141.423. Nonrefundable credit for biodiesel producer, biodiesel blender, or renewable diesel producersection141.424. Biodiesel credit distribution for pass-through entitiessection141.425. Authorization for administrative regulations to administer biodiesel creditsection141.428. Kentucky Clean Coal Incentive Act -- Definitions -- Tax credit -- Administrative regulationssection141.430. Repealed, 2018section141.432. Definitions for KRS 141.432 to 141.434section141.433. Application for New Markets Development Program tax creditsection141.434. New Markets Development Program tax creditsection141.435. Definitions for KRS 141.435 to 141.437section141.436. Tax credit for installation of energy efficiency products for residential and commercial property -- Administrative regulations -- Reportssection141.437. Tax credit for construction of ENERGY STAR home or sale of ENERGY STAR manufactured home -- Required verification -- Reportssection141.438. Endow Kentucky tax creditsection141.440. Designation of income tax refund to child victims' trust fundsection141.441. Designation of income tax refund to local history trust fundsection141.442. Repealed, 2005section141.443. Designation of income tax refund to Special Olympics Kentuckysection141.444. Designation of income tax refund to veterans' program trust fundsection141.445. Designation of income tax refund to pediatric cancer research trust fundsection141.446. Designation of income tax refund to breast cancer research and education trust fundsection141.447. Designation of income tax refund to rape crisis center trust fundsection141.448. Designation of income tax refund to farms to food banks trust fundsection141.449. Designation of income tax refund to Kentucky CASA network fundsection141.450. Public policysection141.455. Designation of income tax refund to nongame species protection and natural areas acquisition programssection141.460. Space on form for designationsection141.465. Apportionment of funds -- Funds to be placed in interest-bearing accountsection141.470. Use of funds apportioned to the nature preserves fundsection141.475. Rules and regulationssection141.480. Designation provisions void, whensection141.500. Education Opportunity Account Program. (See LRC Note below)section141.502. Definitions for KRS 141.500 to 141.528 (See LRC Note below)section141.504. Uniform process for education opportunity account allocation -- Qualifying expenses -- Provision for eligible student in county with population of 90,000 or more -- Duration of education opportunity account -- Prioritization of funding -- Restrictions. (See LRC Note below)section141.506. Application to establish an education opportunity account for eligible students -- Renewal -- Process to cease funding student account. (See LRC Note below)section141.508. Application for tax credit -- Preliminary approval subject to annual tax credit cap -- Taxpayer notification -- Taxpayer contribution – Account- granting organization certification of contribution. (See LRC Note below)section141.510. Certification and renewal of certification of an account-granting organization -- Application -- Required information -- Department certification. (See LRC Note below)section141.512. Minimal allocation of contributions required to education opportunity accounts by account-granting organization -- Standard application process for establishment of student eligibility for an account -- Transfer of funds from one account–granting organization to another -- Donations. (See LRC Note below)section141.514. Administration of education opportunity account tax credit and cap -- Required annual publications on department Web site. (See LRC Note below)section141.516. Audit of account-granting organization by department -- Notice of violation -- Revocation of certificate. (See LRC Note below)section141.518. Account-granting organization system of payment to education service providers -- Payments to an education opportunity account -- Approval of education service providers. (See LRC Note below)section141.520. Effect of Education Opportunity Account Program on education service provider -- Authority of government entities. (See LRC Note below)section141.522. Education Opportunity Account Program tax credit -- Cap on credit -- Prioritization. (See LRC Note below)section141.524. Report by department on Education Opportunity Account Program. (See LRC Note below)section141.526. Standing for parents of eligible students. (See LRC Note below)section141.528. Short title for KRS 141.500 to 141.528. (See LRC Note below)section141.900. Definitions for KRS Chapter 141 -- Taxable years beginning prior to January 1, 2018section141.901. Division of income of interstate business for tax purposes -- Apportionmentsection141.985. Interest on tax not paid by date due -- Addition to tax provided in KRS 141.305 and 141.044 to be considered a penaltysection141.990. Penaltiessection141.3821. Tax credit for certified mixed-use rehabilitation expenses -- Administrative regulations -- Report. (Effective July 1, 2027)section141.3841. Selling farmer tax credit -- Reportsection141.4231. Renewable chemical production tax creditsection141.4242. Nonrefundable credit for producers of ethanolsection141.4244. Nonrefundable credit for producers of cellulosic ethanolsection141.4246. Ethanol or cellulosic ethanol credit distribution for pass-through entitiessection141.4248. Transfer of unused ethanol or cellulosic ethanol tax credit caps established by KRS 141.4242 and 141.4244section141.4425. Designation of income tax refund to Kentucky YMCA Youth Association
Source: Kentucky Legislative Research Commission (legislature.ky.gov)URL: https://apps.legislature.ky.gov/law/statutes/chapter.aspx?id=37674Fetched: 10/20/2026