Kentucky Paycheck Calculator - KY Payroll Tax Calculator & Kentucky State Tax Calculator
Free Kentucky paycheck calculator & KY payroll tax calculator. Calculate take-home pay with Kentucky flat state income tax, federal taxes, and FICA for Kentucky residents. Our calculator helps you understand Kentucky's flat tax system and maximize your take-home pay with accurate federal and state tax calculations.
Last updated: December 15, 2024
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Your gross pay before any deductions
How often you receive your paycheck
Your federal tax filing status
Number of federal allowances claimed
Pre-tax deductions (401k, health insurance, etc.)
Post-tax deductions (Roth 401k, disability insurance, etc.)
Paycheck Breakdown
Gross Pay
$5,000
Federal Tax:
$873.38
Social Security:
$310
Medicare Tax:
$72.5
Kentucky State Tax:
$202.5
Flat Rate: 4.5%
Pre-tax Deductions:
$500
Post-tax Deductions:
$100
Total Taxes:
$1,458.38
Net Pay (Take Home)
$3,441.62
Effective Tax Rate:
29.17%
Kentucky State Tax Information:
- • Flat tax rate of 4.5% on all taxable income
- • Simple calculation - no complex brackets
- • Same rate for all income levels
- • Standard deduction available for state taxes
Kentucky Tax Tips:
- • Maximize pre-tax deductions to reduce both federal and state taxes
- • Consider contributing to 401k and HSA accounts
- • Review withholding allowances annually for both federal and state
- • Take advantage of Kentucky's flat tax simplicity
Important Notice:
This calculator provides estimates based on 2024 tax rates. Kentucky has a flat state income tax rate of 4.5%. Actual taxes may vary based on specific circumstances, additional income, deductions, and credits. Consult a tax professional for personalized advice.
Kentucky Paycheck Calculator Types & Features
Tax components
Federal, State, Social Security, Medicare
Complete Kentucky payroll calculations with flat state tax
Tax rate
4.5% Flat Rate
Simple flat tax calculation for Kentucky residents
Tax structure
Flat Income Tax, 6% Sales Tax
Understanding Kentucky's simple tax structure
Paycheck breakdown
Gross, All Taxes, Net Pay
Complete paycheck breakdown for Kentucky residents
Take-home analysis
Net Pay, Total Tax Rate, Deductions
Detailed take-home pay analysis for Kentucky
Tax system
Flat Rate System
Simple flat rate calculation for Kentucky income tax
Quick Example Result
For $5,000 bi-weekly gross pay in Kentucky with flat state tax:
Kentucky State Tax
$202.5
Net Pay
$3,441.62
How Our Kentucky Paycheck Calculator Works
Our Kentucky paycheck calculator analyzes your gross pay and calculates federal taxes, Social Security, Medicare, and Kentucky's flat state income tax. The calculation considers Kentucky's simple flat tax system and uses current 2024 tax rates to provide accurate take-home pay estimates with straightforward tax analysis.
Kentucky Tax Calculation Formula
Taxable Income = Gross Pay - Pre-tax DeductionsFederal Tax = Progressive Tax Bracket CalculationSocial Security Tax = Taxable Income × 6.2% (up to wage base)Medicare Tax = Taxable Income × 1.45% (+ 0.9% surtax if applicable)Kentucky State Tax = Taxable Income × 4.5% (Flat Rate)Net Pay = Gross Pay - All Taxes - Post-tax DeductionsThis formula calculates your Kentucky paycheck with federal taxes, Social Security, Medicare, and Kentucky's simple flat state income tax. The flat rate system makes calculations straightforward and predictable.
Shows flat tax rate and simple calculation
Kentucky Tax Structure
Kentucky has a simple flat state income tax system with a 4.5% rate for all income levels. This makes tax planning straightforward and provides predictability for taxpayers across all income brackets.
- Flat state income tax: 4.5% on all taxable income
- Federal income tax with progressive brackets (10% to 37%)
- Social Security tax (6.2% up to wage base) and Medicare tax (1.45%)
- State sales tax: 6% (up to 8% with local taxes)
- Property taxes vary by county and municipality
- Excise taxes on cigarettes, alcohol, and gasoline
Sources & References
- Kentucky Department of Revenue - State Tax Information and RatesOfficial Kentucky tax information and filing requirements
- Internal Revenue Service - 2024 Federal Tax Brackets and RatesOfficial federal tax rates and withholding guidelines
- Tax Foundation - Kentucky State Tax StructureComprehensive analysis of Kentucky tax structure and rates
Need help with other state taxes? Check out our Connecticut tax calculator and Maine paycheck calculator.
Get Custom Calculator for Your PlatformKentucky Paycheck Calculator Examples
Salary Details:
- Gross Pay: $5,000 bi-weekly
- Annual Salary: $130,000
- Filing Status: Single
- Federal Allowances: 2
- Pre-tax Deductions: $500 (401k, insurance)
- Kentucky State Tax: 4.5% flat rate
Tax Calculation Steps:
- Calculate taxable income: $5,000 - $500 = $4,500
- Calculate federal tax using progressive brackets
- Calculate Social Security: $4,500 × 6.2% = $279
- Calculate Medicare: $4,500 × 1.45% = $65.25
- Calculate Kentucky state tax: $4,500 × 4.5% = $202.50
- Total taxes: Federal + State + Social Security + Medicare
Result: Net Pay = $3,441.62
Total taxes: $1,458.38. Effective tax rate: 29.17%. Kentucky state tax: $202.5 with simple 4.5% flat rate.
Married Filing Jointly Example
$8,000 bi-weekly, married, 3 allowances
Result: Same 4.5% Kentucky rate, different federal brackets
High Pre-tax Deductions Example
$1,500 pre-tax deductions (401k, HSA, insurance)
Result: Lower taxable income, reduced Kentucky tax
Frequently Asked Questions
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