Follow the steps to fill out the Form IT-40 online.

1. Click the ‘Get Form’ button to obtain the form and open it in the designated editor.
2. Enter the names as shown on Form IT-40 in the designated space at the top of the schedule.
3. Input the amount from Form IT-40, line 7, in line 1A. If both you and your partner lived in the same county on January 1, enter the total amount from line 7 on line 1A and leave Column B blank.
4. Look at the county tax rate chart on the back of the schedule and enter the appropriate tax rate for your county in line 2A.
5. Multiply the amount entered on line 1A by the tax rate from line 2A and enter that figure in line 3A.
6. If applicable, for Perry County residents who worked in certain Kentucky counties, you will need to complete lines 5 and 6. Otherwise, add the amounts from lines 3A and 3B and enter the total on line 4.
7. If you are a Perry County resident and working in specified Kentucky areas, enter the amount of income taxed by those localities in line 5.
8. Multiply the amount entered in line 5 by the rate for Perry County and record that total in line 6.
9. Finally, subtract the amount on line 6 from the total on line 4 and enter this amount on line 7. This number should then be carried over to line 9 of Form IT-40.
10. Review all entries for accuracy. You can then save your changes, download the completed form, print it, or share it as needed.

Complete your tax documents online with ease today.