Get Ky 740-ez 2017-2026

Filling out your Kentucky Individual Income Tax Return using Form 740-EZ can be a straightforward process when you understand each section. This guide will provide clear instructions to help you complete the form confidently and accurately.

Follow the steps to successfully fill out the KY 740-EZ online.

1. Click ‘Get Form’ button to obtain the form and open it in the editor.
2. Enter your Social Security Number in the designated field to verify your identity.
3. Fill in your name — Last, First, and Middle Initial in the appropriate boxes.
4. Provide your mailing address, including the number and street, apartment number or P.O. Box, city, town or post office, state, and ZIP code.
5. Designate your political party preference by marking an X in Box 1 for Democratic, Box 2 for Republican, or Box 3 for No Designation.
6. Enter your federal adjusted gross income from Form 1040EZ, line 4, in line 1, noting that this becomes your Kentucky Modified Gross Income.
7. In line 2, the standard deduction of $2,480 is already provided; if applicable, move to line 3.
8. Subtract the amount in line 2 from line 1 and enter the result as your Taxable Income in line 3.
9. Refer to the tax table or computation method to find the tax based on your Taxable Income and input this value into line 4.
10. If you qualify, enter any personal tax credits in line 5. Subtract this amount from line 4 to determine your tax liability in line 6.
11. If applicable, complete line 7 by calculating the Family Size Tax Credit based on your modified gross income.
12. Subtract line 7 from line 6 in line 8 to figure out your Income Tax Liability.
13. Enter any Kentucky Use Tax in line 9 for out-of-state purchases where sales tax was not collected.
14. Add lines 8 and 9 in line 10 to find your total tax liability.
15. Record the amount withheld from your income tax as shown on your Schedule KW-2 in line 11.
16. Determine if you have an overpayment by subtracting line 10 from line 11 and enter the amount on line 12.
17. If you want to contribute to any fund, fill out lines 13(a) through 13(i) as per your choice of funds.
18. Subtract line 14 from line 12 to find the Refund Amount; verify your options for refund issuance.
19. If you owe tax, record the amount in line 16 and ensure payment instructions are followed.
20. Finally, review your completed form for accuracy, then save changes, download, print, or share the form as needed.

Complete your KY 740-EZ form online today and ensure timely submission.