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Level 2
June 5, 2019
Solved

We live in Kentucky and my husband withdrew from his pension plan and there were no KY taxes withheld. Do we not have to pay KY taxes on these

  • June 5, 2019
  • 1 reply
  • 12 views

We live in KY and got a 1099R and there were not KY taxes withheld from these. One is a monthly retirement check and the other was a lump sum. Don't we have to pay state taxes on these. 

Best answer by KarenJ2

Kentucky does not tax social security income.  Other forms of retirement income (pension income, 401(k) income or IRA income) are exempt up to a total of $31,110 per person. 

Kentucky Department of Revenue 

 

[Edited 03.24.20 | 4:25 pm]

1 reply

KarenJ2Answer
Level 13
June 5, 2019

Kentucky does not tax social security income.  Other forms of retirement income (pension income, 401(k) income or IRA income) are exempt up to a total of $31,110 per person. 

Kentucky Department of Revenue 

 

[Edited 03.24.20 | 4:25 pm]

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Level 2
June 5, 2019
I understand that put the total was 42,872 which is more than 41,110 per person just want to make sure that I do not get penalized