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It depends. One significant change last year was the pension exemption. Instead of $41,110 of all pension income being tax-exempt, now the amount is $31,110. The exemption amount for Federal Employees have been maintained; however, it is much more likely that you will have to fill out the information in Schedule P in order to receive the correct deduction. To do this:
Please feel free to add a comment if you have additional questions. But here is a link that discusses this and other KY Income tax Law Changes
It depends. One significant change last year was the pension exemption. Instead of $41,110 of all pension income being tax-exempt, now the amount is $31,110. The exemption amount for Federal Employees have been maintained; however, it is much more likely that you will have to fill out the information in Schedule P in order to receive the correct deduction. To do this:
Please feel free to add a comment if you have additional questions. But here is a link that discusses this and other KY Income tax Law Changes
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