Kentucky Taxes

[Jinglebellboy7]

My mother cased in what was left of her retirement account and paid Federal and State Taxes.  She received a for 1099-R.  According to Turbo Tax the state of Kentucky returning all state taxes paid. Sorry for doubting but is this corret?

[AmyC]

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.