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Kansas repeals exemption for non-wage business income; increases individual income tax rates

In 2012, Kansas enacted legislation that, for taxable years beginning after Dec. 31, 2012, exempted from individual income tax “non-wage business income” from S corporations, partnerships and limited liability companies pursuant to three related subtraction modifications, to the extent such items were included in the taxpayer’s federal adjusted gross income. In addition, a series of addition modifications were enacted that prevented individuals from claiming losses or deductions associated with these categories of income.