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?
Single: $5,450
Joint: $10,900
Are there personal exemptions?
Single: $2,250
Dependents: $2,250
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
Tax Assistance
Docking State office building Room 150
915 SW Harrison St.
Topeka, KS 66612
Telephone: 785-368-8222
Fax: 785-291-3614
If you use Northwest Registered Agent as your registered agent in Kansas, you’ll have an online account to track your company in, receive notification reminders to file your Kansas Biennial Reports on time, annual tax reminders, and new State information reminders. All for a low annual flat rate fee of $125 a year. We also help incorporate new Kansas businesses for only $100.