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Tax Cuts

Effective Tax Year 2013, certain Kansas businesses will enjoy significant tax relief. Kansas passed a business income tax exemption which eliminates certain non-wage business income on lines 12, 17 and 18 of IRS Form 1040 for Partnerships, Limited Liability Corporations, Limited Liability Partnerships, Sole Proprietorships and Subchapter-S Corporations that have elected at the federal level to be taxed as a pass-through entity.

In addition, effective tax year 2013, Kansas collapsed the current three-bracket structure for individual state income taxes (3.5, 6.25 and 6.45 percent respectively) into a two-bracket system using rates of 3.0 and 4.9 percent. A new series of individual income tax rate cuts will begin in tax year 2014 and continue through tax year 2018. The reform also increases the standard deduction amount for single head-of-household filers from $4,500 to $5,500 and for married taxpayers filing jointly from $6,000 to $7,500.

Click here for more information.

Rural Opportunity Zones

There's something special about life in rural Kansas. Something authentic and wholesome. Something that makes it the ideal place to live, work and raise a family. And thanks to the new Rural Opportunity Zones program, there's never been a better time than now to make rural Kansas your new home.

Rural Opportunity Zones are 73 counties that have been authorized to offer one or both of the following financial incentives to new full-time residents:
• Kansas income tax waivers for up to five years
• Student loan repayment of up to $15,000

Click here for more information.

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Kansas Department of Commerce, 1000 S.W. Jackson St., Suite 100, Topeka, KS 66612-1354
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