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Kentucky Free Printable  for 2017 Kentucky Kentucky Simple Individual Income Tax Return

If you're an individual with relatively simple taxes you may qualify to file the simplified tax form 740-EZ.

We last updated the Kentucky Simple Individual Income Tax Return in February 2017, so this is the latest version of Form 740-EZ, fully updated for tax year 2016. You can download or print current or past-year PDFs of Form 740-EZ directly from TaxFormFinder. You can print other Kentucky tax forms here.

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Kentucky Simple Individual Income Tax Return
Form 740-EZ

740-EZ Single Persons With No Dependents 42A740-EZ Department of Revenue *1600030003* KENTUCKY INDIVIDUAL INCOME TAX RETURN 2016 Your Social Security Number Name—Last, First, Middle Initial (Joint or combined return, give both names and initials.) Mailing Address (Number and Street including Apartment Number or P.O. Box) State City, Town or Post Office POLITICAL PARTY FUND ZIP Code   1 Designating $2 will not change your refund or tax due. Mark an X in Box 1 for Democratic, Box 2 for Republican, or Box 3 for No Designation.   1 Enter federal Adjusted Gross Income from Form 1040EZ, line 4. This is your Kentucky Modified Gross Income (If $15,800 or less, you may qualify for the Family Size Tax Credit. See instructions on page 2.) .....   1   2 Standard deduction............................................................................................................................................. 2   3 Subtract line 2 from line 1. This is your Taxable Income .................................................................................. 3   4 Enter tax from Tax Table or Tax Computation for amount on line 3.................................................................. 4   5 Personal tax credit............................................................................................................................................... 5   6 Subtract line 5 from line 4. If line 5 is larger than line 4, enter zero................................................................ 6 2 3 00 2,460 00 00 00 10 00 00   7 Multiply line 6 by the Family Size Tax Credit for Family Size 1 decimal amount  __ . __ __ ( __ __ __ %) and enter here (see instructions on page 2).................................................................................................................. 7 00 12 00 Enter Kentucky Use Tax due on Internet, mail order, or other out-of-state purchases (see instructions)........... 9 00 Add lines 8 and 9. This is your Total Tax Liability ............................................................................................. 10 00 Enter Kentucky Income Tax withheld as shown on attached 2016 Form W-2, Wage and Tax Statement(s)......... 11 00 If line 11 is larger than line 10, enter AMOUNT OVERPAID (see instructions)......................................................... 12 00 Fund Contributions; See instructions. Attach Form W-2, Wage and Tax Statement(s), here. Enclose payment but Do Not Staple.   8 Subtract line 7 from line 6. This is your Income Tax Liability .......................................................................... 8  9 10 11 00 13 (a) Nature and Wildlife Fund............................................................................................13(a) (b) Child Victims’ Trust Fund............................................................................................13(b) 00 (c) Veterans’ Program Trust Fund....................................................................................13(c) 00 00 (e) Farms to Food Banks Trust Fund................................................................................13(e) 00 (f) Local History Trust Fund.............................................................................................13(f) 00 (g) Special Olympics Kentucky........................................................................................13(g) 00 (h) Pediatric Cancer Research Trust Fund........................................................................13(h) 00 (i) Rape Crisis Center Trust Fund.....................................................................................13(i) 00 14 Add lines 13(a) through 13(i)............................................................................................................................... 14 00 (d) Breast Cancer Research/Education Trust..................................................................13(d) 15 16 REFUND Subtract line 14 from line 12. Amount to be refunded to you ........................................... 15 00 REFUND OPTIONS (Not available for amended returns) Check here if you would like your refund issued on a Bank of America Prepaid Debit Card Check here if you would like to receive your Debit Card material in Spanish If line 10 is larger than line 11, enter amount you owe. Enclose check payable to Kentucky State Treasurer. 16 00 Write your Social Security Number and “KY Income Tax—2016” on the check......................... OWE I, the undersigned, declare under penalties of perjury that I have examined this return, including any accompanying statements, and to the best of my knowledge and belief, it is true, correct and complete.   Your Signature Driver’s License/State Issued ID No. Typed or Printed Name of Preparer Other Than Taxpayer Mail to:  I.D. Number of Preparer Date Signed Date REFUNDS Kentucky Department of Revenue, P. O. Box 856970, Louisville, KY 40285-6970. PAYMENTS Kentucky Department of Revenue, P. O. Box 856980, Louisville, KY 40285-6980. Telephone Number (daytime) Form 740-EZ (2016) Who May Use Form 740-EZ—You may use Form 740-EZ if all five of the following apply:  you were a Kentucky resident for the entire year;  you are filing federal Form 1040EZ;  your filing status is single;  you do not claim additional credits for being age 65 or over, blind, or a member of the Kentucky National Guard at the end of 2016; and  you had only wages, salaries, tips, unemployment compensation, taxable scholarship or fellowship grants, and your taxable interest was $1,500 or less. If you do not meet all five of the above requirements, see Form 740 instructions. When to File—The 2016 Form 740-EZ must be postmarked no later than April 18, 2017, to avoid penalties and interest. Social Security Number—You are required to provide your social security number per Section 405, Title 42, of the United States Code. This information will be used to establish your identity for tax purposes only. COMPLETING FORM 740-EZ—For more information, see the General Instructions. You may also contact the Department of Revenue in Frankfort at (502) 564-4581 or a Kentucky Taxpayer Service Center. Please print your numbers inside the boxes with black ink.  Do not use dollar signs. Political Party Fund Designation—You may designate $2 of your taxes to either the Democratic or Republican party if you have a tax liability of at least $2. LINE-BY-LINE INSTRUCTIONS Line 1—Enter federal adjusted gross income from Form 1040EZ, Line 4. (Do not confuse federal adjusted gross income with federal taxable income shown on the federal return.) If $15,800 or less, see instructions for Line 7 and enter the decimal amount on Line 7. If you are not required to file a federal income tax return, enter the total income from sources within and without Kentucky. Line 2—The standard deduction of $2,460 has been preprinted. If your itemized deductions exceed $2,460, it will benefit you to file Form 740 and itemize your deductions on Schedule A. Line 4—Compute your tax using the following tax rate schedule. If taxable income is:    $ Tax before credit is: 0 — $3,000................. 2% of taxable income $3,001 — $4,000................. 3% of taxable income minus $30 $4,001 — $5,000................. 4% of taxable income minus $70 $5,001 — $8,000................. 5% of taxable income minus $120 Page 2 INSTRUCTIONS—FORM 740-EZ $8,001 — $75,000................. 5.8% of taxable income minus $184 $75,001 and up...................... 6% of taxable income minus $334 Example: (Taxable income) $8,500 x 5.8% – $184 = $309 Note: An optional tax table is available online at www.revenue.ky.gov or by calling the Department of Revenue, (502) 564-4581. Line 7—Family Size Tax Credit—For single persons eligible to file Form 740-EZ, Kentucky family size is one and Kentucky modified gross income is equal to federal adjusted gross income. A family size tax credit is allowed for single persons whose Kentucky modified gross income is not over $15,800. If over $15,800, you do not qualify for this tax credit. Skip Line 7. Enter in the space provided the decimal amount from the following table. Family Size One Percent of Tax as Family Size Tax Credit If the Kentucky modified gross income (Line 1) is: Enter decimal amount on Line 7   over but not over $      0 $11,880....................... 1.00 (100%) $11,880 $12,355....................... 0.90 (90%) $12,355 $12,830....................... 0.80 (80%) $12,830 $13,306....................... 0.70 (70%) $13,306 $13,781....................... 0.60 (60%) $13,781 $14,256....................... 0.50 (50%) $14,256 $14,731....................... 0.40 (40%) $14,731 $15,088....................... 0.30 (30%) $15,088 $15,444....................... 0.20 (20%) $15,444 $15,800....................... 0.10 (10%) Multiply amount on Line 6 by decimal amount. Enter result on Line 7. This is your Family Size Tax Credit. Line 9, Kentucky Use Tax—Enter 6 percent of out-of-state purchases for use in Kentucky on which sales tax was not charged. Include Internet and catalog purchases, subscriptions, furniture, carpet, boats, etc. Line 11, Kentucky Tax Withheld—Enter the amount of Kentucky income tax withheld as shown on your 2016 wage and tax statements. These statements must be attached to your return. Make sure you file the copy designated to be filed with your state return. Do not include amounts withheld by your employer for other states. Amounts withheld in other states cannot be credited to your Kentucky income tax. Local government occupational, license or income taxes must not be included on Line 11. Line 12—If the amount on Line 11 (Kentucky Tax Withheld) is more than the amount on Line 10 (Total Tax Liability), you have an overpayment and are due a refund. Subtract Line 10 from Line 11, and enter the difference on Line 12 as an overpayment. However, if your Total Tax Liability on Line 10 is larger than Line 11, you owe additional tax. Subtract Line 11 from Line 10 and enter on Line 16. Line 13—If you show an overpayment on Line 12, you may contribute to: (a) the Nature and Wildlife Fund, (b) the Child Victims’ Trust Fund, (c) the Veterans’ Program Trust Fund, (d) the Breast Cancer Research and Education Trust Fund, (e) the Farms to Food Banks Trust Fund, (f) the Local History Trust Fund, (g) Special Olympics Kentucky, (h) the Pediatric Cancer Research Trust Fund, and/or (i) the Rape Crisis Center Trust Fund. Donations are voluntary and amounts donated will be deducted from your refund. Enter the amount(s) you wish to contribute on Lines 13(a) through 13(i). The total of these amounts cannot exceed the amount of the overpayment. Line 16—You must pay any tax due shown on Line 16. Make check payable to Kentucky State Treasurer, and attach it to your return. On the face of the check, please write “KY Income Tax–2016” and your Social Security number. Underpayment of Estimated Tax—If the amount owed is more than 30 percent of the income tax liability on Line 8, you may be subject to a penalty of 10 percent of the underpayment of estimated tax. The minimum penalty is $25. The amount of the penalty may be calculated on Form 2210-K, which may be obtained from the Department of Revenue. Interest and Penalties—File your return and pay any additional tax due by April 18, 2017 to avoid interest and penalties. See the General Instructions or contact the Department of Revenue for additional information. Note: Penalties but not interest may be reduced or waived if reasonable cause can be shown.
Extracted from PDF file 2016-kentucky-form-740-ez.pdf, last modified November 2016

More about the Kentucky Form 740-EZ Individual Income Tax Tax Return TY 2016


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Other Kentucky Individual Income Tax Forms:

TaxFormFinder has an additional 129 Kentucky income tax forms that you may need, plus all federal income tax forms.

Form Code Form Name
Form 740-EZ Kentucky Simple Individual Income Tax Return
Form 740 Kentucky Individual Income Tax Return
Form 740ES Estimated Income Tax Return
Schedule M (740) Kentucky Federal Adjusted Gross Income Modifications
Income Tax Instructions Form 740 Instructions

Download all KY tax forms View all 130 Kentucky Income Tax Forms


Form Sources:

Kentucky usually releases forms for the current tax year between January and April. We last updated Kentucky Form 740-EZ from the Department of Revenue in February 2017.

Show Sources >

Form 740-EZ is a Kentucky Individual Income Tax form. Like the Federal Form 1040, states each provide a core tax return form on which most high-level income and tax calculations are performed. While some taxpayers with simple returns can complete their entire tax return on this single form, in most cases various other additional schedules and forms must be completed, depending on the taxpayer's individual situation, to create a complete income tax return package.

About the Individual Income Tax

The IRS and most states collect a personal income tax, which is paid throughout the year via tax withholding or estimated income tax payments.

Most taxpayers are required to file a yearly income tax return in April to both the Internal Revenue Service and their state's revenue department, which will result in either a tax refund of excess withheld income or a tax payment if the withholding does not cover the taxpayer's entire liability. Every taxpayer's situation is different - please consult a CPA or licensed tax preparer to ensure that you are filing the correct tax forms!

Historical Past-Year Versions of Kentucky Form 740-EZ

We have a total of four past-year versions of Form 740-EZ in the TaxFormFinder archives, including for the previous tax year. Download past year versions of this tax form as PDFs here:



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