2024 Kentucky Form 740

What Is Kentucky Form 740?

Kentucky Form 740 is used by full-year residents to file their state income tax return. The purpose of KY Form 740 is to determine how much state income tax you owe. Part-year resident and nonresident filers must complete Kentucky Form 740-NP instead of Form 740. Residents of the reciprocal states Illinois, Indiana, Michigan, Ohio, Virginia, West Virginia, and Wisconsin might qualify to file Form 740-NP-R if they had Kentucky income tax withheld and had no other income from Kentucky sources.

Read the Which form should I file section of the Kentucky 740 instructions to help determine if you should file as a resident, part-year resident, or nonresident for tax year 2024.

Who Must File Kentucky Form 740?

Most Kentucky residents must file a state income tax return if they are required to file a federal income tax return. However, a gross income threshold is used to determine if you have to file a Kentucky return. Your filing requirement depends primarily upon your family size (one, two, three, four, or more) and modified gross income ($15,060, $20,440, $25,820, $31,200). The 2024 Kentucky Form 740 instructions include Chart A and Chart B, which help determine if you have to file.

Even if you are below the filing threshold, you could still benefit from filing. You might receive a refund of any Kentucky tax withheld on your W-2, for example. Kentucky also offers certain credits, including a Family Size Tax Credit and a limited state Earned Income Credit (KEIC). Check your eligibility for these and other refundable credits before deciding not to file.

Read the Do You Have to File a Kentucky Return section of the 2024 Kentucky 740 instructions book to help determine if you should file a Kentucky income tax return this year.

Printable Kentucky State Tax Forms

Printable Kentucky 740 Instructions

How do I check my Kentucky tax refund?

To check the status of your Kentucky 740 income tax return online, visit the Kentucky Department of Revenue website and use their Where's My Refund service. Kentucky Department of Revenue states that you could receive your state income tax refund in 4 to 6 weeks if you e-file compared to 10 to 14 weeks if filing a paper Kentucky income tax return.

To check the status of your Kentucky income tax return for 2024, you will need the following information:

• Social Security Number
• Amount of refund requested

The requested information must match what was submitted on your 2024 Kentucky Form 740. The Kentucky Department of Revenue refund lookup service can not be used to query prior income tax years. Contact the Kentucky Department of Revenue service center by phone or mail if you are having trouble using the service or need to discuss the status of a prior year or amended Kentucky income tax return.

To contact the Kentucky Department of Revenue service center by phone or email, use the check your refund status link above. Alternatively, read or print the 2024 Kentucky Form 740 instructions to obtain the proper phone number and mailing address.

Last updated: January 5, 2025

State Tax Forms