Kentucky's refundable and nonrefundable credits are:
Kentucky Education Credit:
Kentucky offers their own version of the Hope Credit and Lifetime Learning Credit. You can review the full qualifications in this article.
Business Incentive Tax Credits:
Kentucky has a variety of different business incentive credits available. For more information, see this article.
Credit for taxes paid to another State:
If you are a resident of Kentucky, you can claim a credit for taxes paid to another State on income that is also taxed on your Kentucky return.
Certified Rehabilitation credit:
The credit is for completing a certified rehabilitation to a certified historic structure which is located:
- within the jurisdiction of a consolidated local government or urban-county government; and
- within one-half (1/2) mile of a tax increment financing that has received at least preliminary approval.
For more information, see Kentucky website