{"data":{"id":"us-ky/krs-141.069","jurisdiction":"us-ky","citation":"KRS 141.069","heading":"Credit allowed for tuition at eligible educational institution.","body":"(1) As used in this section, \"eligible Kentucky education institution\" means an\ninstitution as defined by Section 25A of the Internal Revenue Code that is located\nwithin the Commonwealth of Kentucky.\n(2) For taxable years beginning after December 31, 2004, an individual may deduct\nfrom the tax computed under KRS 141.020 a nonrefundable credit for qualified\ntuition and related expenses required for enrollment or attendance of the taxpayer,\ntaxpayer's spouse or any dependent at an eligible Kentucky educational in stitution.\nThe credit shall be twenty -five percent (25%) of the federal credit allowable under\nSection 25A of the Internal Revenue Code.\n(3) The credit allowed in subsection (2) of this section shall not be allowed for\nexpenses for graduate level course study.\n(4) If the taxpayer is a married individual within the meaning of Section 7703 of the\nInternal Revenue Code, the credit shall apply only if the taxpayer and the taxpayer's\nspouse file a joint return or file separately on a combined form. The credit sh all not\nbe allowed if the taxpayer and the taxpayer's spouse file separate returns.\n(5) Any unused credit may be carried forward five (5) years.","path":["KRS Chapter 141"],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=29060","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:50:34Z","sha256":"9c9d97478c5fc2c578aae9b9163a4f264380e6c4b4a2580fa9e6fb50341e50e1","source_id":"us-ky","stale":false,"prev":"us-ky/krs-141.068","next":"us-ky/krs-141.070"},"notice":"GroundRules: Original legal text. Not legal advice."}