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Kentucky · State and Local Tax (SALT) Deduction

State and Local Tax (SALT) Deduction in Kentucky (2026)

Deduct combined state income taxes (or sales taxes) and local property taxes up to the 2026 SALT limit. Kentucky has a flat 3.5% income tax, so a Kentucky filer's combined marginal rate on the next dollar at $55,573 of income is about 15.5% (12% federal + 3.5% KY).

2026 savings example for Kentucky

Planning estimate for a single filer earning $55,573 (Kentucky median household income in LevyIO's state dataset) who removes $5,000 from taxable income. Federal tax uses the 2026 IRS brackets after the $16,100 standard deduction; KY tax uses the state brackets in LevyIO's dataset and assumes the state follows the federal treatment.

Estimated total savings

$775

Federal savings

$600

$4,489$3,889 · 12% bracket

KY state savings

$175

$1,827 → $1,652 · 3.5% marginal

Combined marginal rate

15.5%

≈ $155 saved per $1,000 deducted

Statutory maximum for this item in LevyIO's dataset: $40,400.

Federal × Kentucky marginal rates (2026, single)

Gross-income ranges include the federal standard deduction. The KY column is the state marginal rate at the midpoint of each range. The last column is the tax saved per $1,000 deducted at that combined rate.

Federal bracketGross income (single)KY marginalCombinedPer $1,000
10%$16,100 - $28,5003.5%13.5%$135
12%$28,500 - $66,5003.5%15.5%$155
22%$66,500 - $121,8003.5%25.5%$255
24%$121,800 - $217,8753.5%27.5%$275
32%$217,875 - $272,3253.5%35.5%$355
35%$272,325 - $656,7003.5%38.5%$385
37%Over $656,7003.5%40.5%$405

Eligibility & forms

Taxpayers who pay state income, sales, or property taxes

  • Must itemize
  • State/local income OR sales tax
  • Property taxes on real estate
  • $40,400 combined cap for most filers ($20,200 MFS)

Federal forms: Schedule A

Kentucky filing notes

Flat 3.5% simplifies planning. Be aware of inheritance tax for non-immediate family. Kentucky offers pension exclusions up to $31,110. Standard deduction is low ($3,360).

Common mistakes: Exceeding the SALT cap; Including foreign taxes here.

Frequently asked questions

How much can the State and Local Tax (SALT) Deduction save a Kentucky taxpayer in 2026?

In LevyIO's example, a single filer with $55,573 of income (the Kentucky median household income in our state dataset) who removes $5,000 from taxable income saves about $600 in 2026 federal tax (12% marginal bracket) plus about $175 in Kentucky tax (3.5% state marginal rate), roughly $775 combined. It is a planning estimate computed from the 2026 IRS brackets and LevyIO's KY bracket data, not a survey figure.

What is the Kentucky income tax rate for 2026?

Kentucky has a flat 3.5% income tax. The KY standard deduction in LevyIO's dataset is $3,360 single / $3,360 married. Flat 3.5% for 2026 (reduced in stages from 5%). Inheritance tax (4-16%). Pension exclusion up to $31,110.

Who qualifies for the State and Local Tax (SALT) Deduction in Kentucky?

Taxpayers who pay state income, sales, or property taxes. The federal rules are the same in every state; the requirements are: Must itemize; State/local income OR sales tax; Property taxes on real estate; $40,400 combined cap for most filers ($20,200 MFS). Kentucky filers should confirm on the KY return whether the state follows the federal treatment.

Which forms do I file to claim the State and Local Tax (SALT) Deduction?

Federal: Schedule A. Kentucky: check the Kentucky Department of Revenue instructions for the matching state schedule. Common mistakes: Exceeding the SALT cap; Including foreign taxes here.

Sources

Reviewed 2026-09-17. Estimates are educational planning figures computed from the IRS 2026 inflation adjustments and LevyIO's state bracket dataset; they are not tax advice.