What Is The Standard Deduction For 2024 In Ky. The tax tables below include the tax rates, thresholds and allowances included in the kentucky tax calculator 2024. On february 17, 2023, kentucky governor andy beshear signed into law h.b.1, which lowers the state personal income tax rate to 4.5% retroactive to january 1, 2023, and to.
The standard deduction, which kentucky has, is a deduction that is available by default to all taxpayers who do not instead choose to file an itemized deduction. After adjusting for inflation, the standard deduction for 2023 is $2,980, an increase of $210.
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