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Get your taxes done using TurboTax
Maybe. KY does have a pension exclusion amount. The amount is the LESSER of your full retirement or $31,110 per person.
Here is an example:
Person A: pension of $15,600 gets exemption of $15,600.
Person B: pension of $55,000 gets exemption of $31,110.
You didn't say if federal or state employee and retirement date so please see page 8 of the KY instructions for more information.
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‎April 6, 2023
3:45 PM