Kentucky Payroll & Paycheck Tax Calculator
Managing payroll in the Bluegrass State shouldn't feel like running the Kentucky Derby backwards. From Louisville to Lexington, our Kentucky Payroll Tax Calculator makes calculating employee withholdings as smooth as bourbon. Navigate state income tax, local occupational taxes, and federal requirements with confidence—all in one user-friendly tool.
Kentucky Payroll Tax Steps
Kentucky’s flat state income tax might seem simple at first, but throw in local occupational taxes that vary by city and county, and payroll can quickly become as complex as a thoroughbred’s bloodline. Our calculator helps you navigate Kentucky’s unique payroll landscape without stumbling at the gate, ensuring accurate calculations from the coalfields to the caves.
Here are some key steps you’ll have to take to make smarter payroll decisions.
Step #1: Register with Kentucky Department of Revenue and OUI
To hire employees in Kentucky, you'll need to register with the Kentucky Department of Revenue for withholding taxes and the Office of Unemployment Insurance (OUI) for unemployment taxes. Kentucky's online registration system makes the process as welcoming as Southern hospitality. Don't forget to check local tax requirements in your area.
New employers pay 2.7% unemployment tax on the first $11,400 of each employee's wages for their first two years.
Step #2: Handle Kentucky's Multi-Layer Tax Forms
Step #3: Master Kentucky's Minimum Wage and Overtime Laws
Step #4: Follow Kentucky's Pay Period Requirements
Step #5: Use our Simple Kentucky Payroll Calculator
Step #6: Submit Taxes and File Kentucky Payroll Reports
Fingercheck and any related entities do not offer tax, accounting, or legal advice. This content is designed for informational purposes only and should not be considered a source of tax, legal, or accounting advice. It is recommended that you consult your tax, legal, and accounting advisors before undertaking any related activities or transactions.