Kentucky allows pension income (including annuities, IRA accounts, 401(k) and similar deferred compensation plans, death benefits, etc,) paid under a written retirement plan to be excluded from income on the Kentucky return. Report only pension income received while a resident of Kentucky.
The subtraction is figured for each taxpayer listed on the return. Please enter the amounts in the corresponding boxes to correctly calculate the return.
This entry can be made by following the steps below:
- State Section
- Retirement Income Schedule P Part 1 Only