What Is The Standard Deduction For 2024 In Ky. Kentucky’s 2024 withholding methods, which use a lower tax rate and a higher standard deduction than 2023, were released oct. (september 1, 2023) — each year, the kentucky department of revenue calculates the individual standard deduction in accordance with krs 141.081.
Yes, kentucky allows a standard deduction for personal income taxpayers who do not itemize. (september 1, 2023) — each year, the kentucky department of revenue calculates the individual standard deduction in accordance with krs 141.081.