Kansas Department Of Revenue, Kansas Tax
Kansas Business Corporate Tax, Kansas Personal Income Tax, Kansas Sales Tax Rates
What are the Kansas corporate net income tax rates?
$0-50,000 = 4%
$50,000 + = 7.05%
What are the Kansas personal net income tax rates?
$0-15,000 = 3.5%
$15,000-30,000 = 6.25%
$30,000 + = 6.45%
What is the average Kansas sales tax rate?
6.95%. The state has a 5.3% tax, but the average local tax is 1.65% making a total of 6.95%
Are there standard deductions?
Are there personal exemptions?
What forms do you file for your Kansas taxes?
C corporations: Form K-120
S corporations: Form K-120S
Partnerships: Form K-120S
Individual: Form K-40
Estimated tax payments?
Form K-120ES for corporations with more than $500 of estimated tax. Personal filers must file form K-40ES. Kansas follows the IRS standards for estimated payments. If you will owe $500 or more in tax for the current year, you are required to make 90% of the tax due, over quarterly payments. It has to be at least 100% of the previous year, even if you think you won’t make as much in the current year.
Kansas Department of Revenue:
Kansas Department of Revenue
Docking State office building Room 150
915 SW Harrison St.
Topeka, KS 66612
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