Any Kentucky Preparers? - TMI Message Board

11-18-2009, 11:31 AM

taxcraft

Member

Join Date: Sep 2009

Posts: 73

www.revenue.ky.gov

I looked at the website and found the laws section was not easy to use. However, in the forms and booklet section the exclusion of the $250000 gain is not mentioned as an adjustment in the Kentucky return. The Kentucky return starts with Federal AGI and makes adjustments.....so it looks like an acceptance of the Federal exclusion....but you must check this out yourself because I only quickly reviewed the booklet.

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This post is meant for discussion purposes only and is not meant to be accurate advice.

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