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FORM741V Commonwealth of Kentucky Department of RevenueINSTRUCTIONS FOR FORM 741V KENTUCKY FIDUCIARY ELECTRONIC PAYMENT VOUCHER2017Who should use a payment voucher? If you owe tax on your electronically
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Kentucky Form 741 is the income tax return form used by individuals, estates, and trusts to report their income and calculate the amount of tax owed to the state of Kentucky.
Individuals, estates, and trusts that earn taxable income in Kentucky and have a filing requirement based on income thresholds must file Kentucky Form 741.
To fill out Kentucky Form 741, taxpayers need to gather their income documents, report income on the appropriate lines, calculate deductions, credits, and the tax owed, then sign and date the form before submitting.
The purpose of Kentucky Form 741 is to allow individuals, estates, and trusts to report their income and determine their state income tax liability.
Information that must be reported on Kentucky Form 741 includes total income, adjusted gross income, deductible expenses, tax credits, and any tax payments made.
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