PatriciaV
Expert Alumni

State tax filing

Yes, according to the Kentucky Department of Revenue, ​​Individual Income Tax is due on all income earned by Kentucky residents and all income earned by nonresidents from Kentucky sources.

 

However, if you file a separate federal business return for the LLC, you would file a Kentucky business return instead. 

 

In either case, you would also pay Limited Liability Entity Tax (LLET). If either total gross receipts or total gross profits amounts to $3 million or less, then you would just pay a $175 minimum LLET.

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