Paychecks slightly changed for Kentucky workers from Jan. 1, 2014
Kentucky withholding tax rate keeps unchanged for the Year 2014. However, the Standard Deduction rate increased from $2,360 in Year 2013 to $3,020 in Year 2014. One tax credit (exemption) changes to $10. Kentucky income tax rates range from 2% to 6% and are levied on Kentucky residents’ income and non-residents’ income from Kentucky sources.
EzPayCheck payroll software includes this changes in its 2014 version.
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- The new Kentucky 2014 Withholding Tables (Effective Jan 1, 2014) is available at:
http://www.halfpricesoft.com/2014/taxrate-Kentucky-2014.asp
- The old Kentucky Tax Tables can be found at:
http://www.halfpricesoft.com/2013/taxrate-Kentucky-2013.asp
