KY Form 228-S - Fayette County 2021 free printable template
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Board of Education of Fayette Conform 228S2021 Net Profits Occupational License Tax Return
Make check payable to:
Fayette County Public Schools (FCS)Mail to:
Fayette County Public Schools
Tax Collection
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How to fill out KY Form 228-S - Fayette County
How to fill out KY Form 228-S - Fayette County
01
Obtain a copy of KY Form 228-S from the Fayette County website or the appropriate county office.
02
Read the instructions provided with the form carefully to understand the requirements.
03
Fill out your personal information in the designated sections, including your name, address, and contact details.
04
Provide information regarding the purpose of the form and any applicable details specific to your situation.
05
Attach any required documentation or evidence that supports your application, if necessary.
06
Review the completed form for accuracy and ensure all fields are filled out correctly.
07
Sign and date the form at the designated area.
08
Submit the form as directed, either by mailing it to the appropriate office or submitting it online if applicable.
Who needs KY Form 228-S - Fayette County?
01
Individuals or businesses seeking to apply for a specific permit or license in Fayette County.
02
Residents of Fayette County needing to report certain information or changes to their status.
03
Anyone required to fill out this form for legal compliance or regulatory purposes within the county.
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People Also Ask about
Does Fayette County KY have an income tax?
Kentucky does not levy a franchise tax. Kentucky has a flat income tax rate of 5% on net income. Fayette County levies a local occupational license tax at the rate of 2.25% on salaries/wages and business net profits.
What is the school district tax in Fayette County KY?
Each employer must withhold the 0.5% license tax for schools from gross wages, salaries and commissions paid to employees who are Fayette County residents for services performed within Fayette County.
Does Lexington KY have a local income tax?
Kentucky has a flat income tax rate of 5% on net income. Fayette County levies a local occupational license tax at the rate of 2.25% on salaries/wages and business net profits.
What is the state income tax in Lexington KY?
Kentucky has a flat 4.50 percent individual income tax rate. There are also jurisdictions that collect local income taxes. Kentucky has a 5.00 percent corporate income tax rate. Kentucky has a 6.00 percent state sales tax rate and does not levy any local sales taxes.
Does Lexington KY have an income tax?
Kentucky's individual income tax law is based on the Internal Revenue Code in effect as of December 31, 2021. The tax rate is five (5) percent and allows itemized deductions and certain income reducing deductions as defined in KRS 141.019.
What is the tax rate for Fayette County KY?
The minimum combined 2023 sales tax rate for Fayette County, Kentucky is 6%. This is the total of state and county sales tax rates. The Kentucky state sales tax rate is currently 6%.
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What is KY Form 228-S - Fayette County?
KY Form 228-S is a tax form used by the Fayette County government in Kentucky for reporting business income and expenses for businesses operating within the county.
Who is required to file KY Form 228-S - Fayette County?
Businesses operating in Fayette County that are subject to the local business tax are required to file KY Form 228-S.
How to fill out KY Form 228-S - Fayette County?
To fill out KY Form 228-S, taxpayers must provide their business information, including name, address, and tax identification number, as well as details regarding their income and deductions. The form must then be signed and dated before submission.
What is the purpose of KY Form 228-S - Fayette County?
The purpose of KY Form 228-S is to report and assess the local business tax owed by businesses operating within Fayette County, ensuring compliance with local tax regulations.
What information must be reported on KY Form 228-S - Fayette County?
KY Form 228-S requires businesses to report their gross receipts, allowable deductions, net income, and any other relevant financial information to calculate the local tax obligation.
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