Personal Finance & Money Stack Exchange
Personal Finance & Money Stack Exchange

Questions tagged [kentucky]

Use this tag for questions related to rules and experiences specific to the State of Kentucky in the United States.

Use this tag for questions related to rules and experiences specific to the State of Kentucky in the United States. This will include questions about tax laws of the state.

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Applying for FHA mortgage when living together but only one will be on the mortgage, no savings

Trying to get some info for a friend here. She's looking at getting a mortgage - her BF of many years can't join her on a joint so it'll just be her. Am I correct in assuming that all their monthly bills will be counted just against her income, or…
Not my usual name
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Am I required to have a lawyer create / oversee creation of my will?

While specific to my current state of residence (Kentucky), I'm wondering in the general case for the US. Am I required to have a lawyer create / oversee writing my and my wife's wills? What do I need to do to properly ensure the document is…
warren
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What is my AGI for 2020, and do I have to pay back the stimulus payment?

Due to the fun of some sudden life changes as well as Covid-19, I literally have no idea what my AGI will be for 2020, and therefore whether or not I may have to pay back the stimulus prepayment. There are a lot of "new" things this year and I…
conman
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Can I deduct my Goodwill donations from my taxes in Kentucky?

On our Goodwill receipt, it says that special rules apply to donations over $500. We have made two donations this calendar year, each being in excess of $400 (i.e. total >$800). Do the special rules for donations in excess of $500 apply to each…
warren
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Are Kentucky vehicle property taxes paid in arrears or advance?

(Note: This question is not about sales tax.) We paid the Registration on our van last November, which includes property/usage tax. This month we turned over the vehicle to the dealer from whom we bought another vehicle. Now we got a notice from…
Andrew Steitz
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Car lease payment went up after moving to new state

Recently, I moved to Kentucky from Ohio and my monthly auto lease payment with Chase Bank went up by about 8%. How is this possible if the tax difference between each state is only 0.5%? According to Chase Bank's explanation, Ohio charges full sales…
daleyjem
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Does a bank have to tell me if a check made out to me was cashed there?

I moved out of a place and I was supposed to receive my last pay check there. I think my housemate deposited it in his account. I know banks are not supposed to, but it's in a small town so people trust people more. Also, my housemate and I worked…
Elijah Ratliff
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LLC: Where should the funds for initial startup costs come from?

I recently created an LLC (with myself as the only member) and I have some initial costs (website, P.O. Box, etc.) that I need to finance. Can I pay for those out of my personal bank account or do I need to setup a bank account for the company,…
Ryan
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What is my Tax position on short term (90 day) on-site contracts in the UK and will I owe taxes in both countries?

I am considering a short term project in the UK maybe a total of 90 days between now and the end of 2014. I live in the US. The recruiting firm that contacted me has a UK branch and a US branch both under the same company name. I will be living in a…
john culbertson
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What should I do with a UTMA to help protect eligibility for financial aid?

I have been investing $50 a month into a UTMA for my best-friends son. He is not a blood relative of mine. There is about $10k in the account now. I explicitly chose a UTMA instead of a 529 because of the flexibility to pay for summer camps, extra…
Freiheit
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