The state of Kansas has made the following tax law changes for tax year 2023:
- Personal Exemption for Disabled Veterans - Beginning with tax year 2023, any individual who has been honorably discharged from active service in any branch of the armed forces of the United States and who is certified by the United States department of veterans affairs or its successor to be 100% disabled, if the disability is permanent and was sustained through military action or accident or resulted from disease contracted while in such active service, shall be allowed an additional Kansas personal exemption of $2,250.
- Apprenticeship Credit (K-24) - For tax years 2023 - 2025, this credit is available to eligible employers that employ an apprentice in accordance with a registered apprenticeship agreement.
- Affordable Housing Tax Credit (K-25) - "An income tax, privilege tax and premium tax credit is available commencing after December 31, 2022 for a qualified development located in Kansas, as determined by the Kansas Housing Resources Corporation (KHRC)."
You can read more about the changes to Kansas Tax Law here.