![]() ![]() Car expenses and use of the standard mileage rate are explained in chapter 4.ĭepreciation limits on cars, trucks, and vans. For 2023, the standard mileage rate for the cost of operating your car for business use is 65.5 cents ($0.655) per mile. The current year Form 740 and 740 instructions can be found on the Forms Page.Standard mileage rate. Please click here to see if you are required to report Kentucky use tax on your individual income tax return.Īlso see line 27 of Form 740 and the optional use tax table and use tax calculation worksheet in the 740 instructions. Kentucky use tax may be due on internet, mail order, or other out-of-state purchases made throughout the year. If your address on the form is incorrect or you have other questions, please contact the Kentucky Department of Revenue. If you use a professional tax preparer, please give the form to your preparer, along with your W-2s and other tax information. You don’t need to attach the Form 1099-G to your federal or state income tax returns.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |