Schedule M Kentucky Federal Adjusted Gross Income Modifications - Kentucky

What Is Schedule M?

This is a legal form that was released by the Kentucky Department of Revenue - a government authority operating within Kentucky. As of today, no separate filing guidelines for the form are provided by the issuing department.

FAQ

Q: What is Schedule M?
A: Schedule M is a form used in Kentucky to report adjustments made to your federal adjusted gross income (AGI).

Q: What are federal adjusted gross income modifications?
A: Federal adjusted gross income modifications are changes that need to be made to your federal AGI in order to accurately reflect your income for Kentucky tax purposes.

Q: Why do I need to file Schedule M?
A: You need to file Schedule M if you have certain adjustments to make to your federal AGI that affect your Kentucky income.

Q: What kind of adjustments are included in Schedule M?
A: Adjustments included in Schedule M may include additions or subtractions for items such as state and local income taxes, qualified businessincome deductions, and certain retirement contributions.

Q: Is Schedule M required for all taxpayers?
A: No, Schedule M is not required for all taxpayers. It is only required if you have specific adjustments to make to your federal AGI for Kentucky tax purposes.