# KRS § 141.021: 141.021 Federal and local government annuities excluded from gross income -- Taxability after December 31, 1997

> Kentucky · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_KY_TXI_C141_S141.021

## Section

- **Citation:** KRS § 141.021
- **Heading:** 141.021 Federal and local government annuities excluded from gross income -- Taxability after December 31, 1997
- **Jurisdiction:** Kentucky
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** KY Code / Title XI / Chapter 141 / Section 141.021

## Text

141.021 Federal and local government annuities excluded from gross income --

Taxability after December 31, 1997.

Notwithstanding the provisions of KRS 141.010, federal retirement annuities, and local

government retirement annuities paid pursuant to KRS 67A.320, 67A.340, 67A.360 to

67A.690, 79.080, 90.400, 90.410, 95.290, 95.520 to 95.620, 95.621 to 95.629, 95.767 to

95.784, 95.851 to 95.884, or 96.180, shall be excluded from gross income. Except federal

retirement annuities and local government retirement annuities accrued or accruing on or

after January 1, 1998, shall be subject to the tax imposed by KRS 141.020, to the extent

provided in KRS 141.019 and 141.0215.

## Nearby sections

- [KRS § 141.010 141.010 Definitions for chapter for taxable years beginning on or after January 1, 2018](https://www.frixlaw.com/law-library/statutes/STATE_KY_TXI_C141_S141.010.md)
- [KRS § 141.011 141.011 Casualty losses -- Net operating losses](https://www.frixlaw.com/law-library/statutes/STATE_KY_TXI_C141_S141.011.md)
- [KRS § 141.014 141.014 Disposition of receipts under chapter](https://www.frixlaw.com/law-library/statutes/STATE_KY_TXI_C141_S141.014.md)
- [KRS § 141.016 141.016 Reporting federal adjusted gross income attributed to husband and wife -- Allocation of income and business deductions between husband and wife](https://www.frixlaw.com/law-library/statutes/STATE_KY_TXI_C141_S141.016.md)
- [KRS § 141.017 141.017 Deductions allowed by this chapter limited to amounts directly or indirectly subject to taxation under this chapter -- No item to be deducted more than once](https://www.frixlaw.com/law-library/statutes/STATE_KY_TXI_C141_S141.017.md)
- [KRS § 141.018 141.018 Department's authority to interpret and carry out provisions of certain income tax changes made by the 2005 Regular Session and 2006 First Extraordinary Session of the General Assembly -- Authority to promulgate administrative regulations to explain or implement changes](https://www.frixlaw.com/law-library/statutes/STATE_KY_TXI_C141_S141.018.md)
- [KRS § 141.019 141.019 Calculation of adjusted gross income and net income for taxpayers other than corporations](https://www.frixlaw.com/law-library/statutes/STATE_KY_TXI_C141_S141.019.md)
- [KRS § 141.020 141.020 Levy of income tax on individuals -- Rate of normal tax -- Reduction -- Tax credits -- Income of nonresidents subject to tax -- Election to pay tax imposed by KRS 141.023](https://www.frixlaw.com/law-library/statutes/STATE_KY_TXI_C141_S141.020.md)
- [KRS § 141.021 141.021 Federal and local government annuities excluded from gross income -- Taxability after December 31, 1997](https://www.frixlaw.com/law-library/statutes/STATE_KY_TXI_C141_S141.021.md)
- [KRS § 141.023 141.023 Optional tax tables](https://www.frixlaw.com/law-library/statutes/STATE_KY_TXI_C141_S141.023.md)
- [KRS § 141.030 141.030 Levy of income tax on estates, trusts and fiduciaries -- Liability of fiduciaries](https://www.frixlaw.com/law-library/statutes/STATE_KY_TXI_C141_S141.030.md)
- [KRS § 141.039 141.039 Calculation of gross income and net income for corporations](https://www.frixlaw.com/law-library/statutes/STATE_KY_TXI_C141_S141.039.md)
- [KRS § 141.040 141.040 Corporation income tax -- Exemptions -- Rate](https://www.frixlaw.com/law-library/statutes/STATE_KY_TXI_C141_S141.040.md)
- [KRS § 141.041 141.041 Tax credit for corporations for installing, modifying or utilizing coal for manufacturing or heating](https://www.frixlaw.com/law-library/statutes/STATE_KY_TXI_C141_S141.041.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_KY_TXI_C141_S141.021. Check the current official text before relying on it. Not legal advice.