DOR Sets 2021-2022 Homestead Exemption

https://revenue.ky.gov/News/Pages/DOR-Sets-2021-2022-Homestead-Exemption.aspx#:~:text=(November%2023%2C%202020)%20The,years%20to%20adjust%20for%20inflation.

DOR Sets 2021-2022 Homestead Exemption

FRANKFORT, Ky. (November 23, 2020)  The Kentucky Department of Revenue (DOR) has set the maximum homestead exemption on real estate owned by qualified individuals at $40,500 for the 2021 and 2022 tax periods.

NEW STATE LAW CHANGES FILING REQUIREMENTS FOR TANGIBLE PERSONAL PROPERTY

LOUISVILLE, KY (September 28, 2020) The Jefferson County PVA is reminding citizens about a new state law [KRS 132.220 (1)(b)(2)(b)], that changes the filing requirements for tangible personal property tax returns.

NEW IN 2020: If the total sum fair cash value of the tangible personal property is $1,000 or less per property location,