By Payroll and Entitlements Editorial Staff
The Kentucky Department of Revenue announced that the personal income tax standard deduction for the tax year 2020 is $2,650, an increase of $60 from the previous year. The department informs taxpayers that this amount will be incorporated into 2020 tax forms and should be used for tax planning in the new year. (Release, Kentucky Department of Revenue, August 29, 2019.)
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