Kentucky Time Expenses in Common are a set of expenses used to calculate a taxpayer’s net income for income tax purposes. The expenses are determined by the Kentucky Department of Revenue and must be reported on Kentucky income tax returns. The expenses are divided into two categories: itemized and standard deductions. Itemized deductions are those expenses that taxpayers may choose to deduct from their income and include things like medical expenses, job-related expenses, charitable donations, and mortgage interest payments. Standard deductions are non-itemized deductions set by the Kentucky Department of Revenue and include things like a standard deduction for single taxpayers and a standard deduction for married couples filing jointly. The standard deductions are the same for every taxpayer, regardless of income or itemized deductions. Different types of Kentucky Time Expenses in Common include: medical and dental expenses, job-related expenses, charitable donations, mortgage interest payments, state and local taxes, and transportation expenses.