AmyC
Employee Tax Expert

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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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