Individual Income Taxpayer Assistance
The Kentucky Department of Revenue has again partnered with the IRS to provide free tax preparation for taxpayers who have a low to moderate income (generally, $54,000 and below) who cannot prepare their own tax returns for tax year 2016.
The Kentucky Department of Revenue will begin scheduling appointments January 30, 2017 and filing assistance will begin February 7, 2017. Call your local Taxpayer Service Center to schedule an appointment.
Before going to your appointment, visit our What to Bring page to ensure you bring all of the documents and information we'll need to help you complete your tax forms.
In partnership, using IRS materials, we will prepare the following forms and schedules:
- Form 1040EZ, 1040A, 1040
- Schedules A, B, D, EIC, SE
- Form 1040-V
- Form 1040-ES
- Form 2441 (child and dependent care credit)
- Form 5329 (part 1)
- Form 5405
- Form 8863 (education credits)
- Form 8880 (credit for qualified retirement savings contributions)
- Form 8812 (additional child tax credit)
- Form 8888 (direct deposit)
- Form 8889 (health savings accounts)
- Schedule C-EZ
We will not prepare these forms and schedules:
- Schedule C with losses
- Complicated & advanced Schedule D (capital gains and losses)
- Schedule E (rental income and loss (will prepare for military only))
- Schedule F
- Form SS-5 (request for Social Security number)
- Form 2106 (employee business expenses)
- Form 3903 (moving)
- Form 8606 (non-deductible IRA)
- Form 8615 (minor’s investment income)
- Form SS-8 (determination of work status for purposes of federal employment taxes and income tax withholding)
Additional Important Tax Law Changes for 2016
The amount a taxpayer can deduct for each exemption increased to $4,050 for 2016.
Retirement Savings Contribution Credit Income Limits Increased
In order to claim this credit, your Modified Adjusted Gross Income (MAGI) must not be more than $30,750 ($61,500 if Married Filing Jointly; $46,125 if Head of Household).
Taxpayers whose investment income is more than $3,400 cannot claim the Earned Income Credit (EIC).
Adoption Credit or Exclusion
The maximum adoption credit or exclusion for employer-provided adoption benefits has increased to $13,460 for 2016. To claim either the credit or exclusion, the taxpayer’s MAGI must be less than $241,920. This credit is outside the scope of the Volunteer Income Tax Assistance Program.
Earned Income Tax Credit Thresholds For Tax Year 2016
Earned income and adjusted gross income must each be less than:
- $47,955 ($53,505 Married Filing Jointly) with three or more qualifying children
- $44,648 ($50,198 Married Filing Jointly) with two qualifying children
- $39,296 ($44,846 Married Filing Jointly) with one qualifying child
- $14,880 ($20,430 Married Filing Jointly) with no qualifying child
The maximum earned income tax credit for 2016
- $6,269 with three or more qualifying children
- $5,572 with two qualifying children
- $3,373 with one qualifying child
- $506 with no qualifying child