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KY

Kentucky Small Business Tax Credit

State tax credits up to $25,000 for eligible small businesses adding jobs and equipment.

About this program

The Kentucky Small Business Tax Credit provides nonrefundable state tax credits to eligible small businesses that create and maintain qualifying jobs and invest in qualifying equipment or technology.

Eligibility

Eligible Kentucky small businesses, including Covington firms, with 50 or fewer full-time employees that create qualifying jobs and make eligible investments.

Requirements

  • Apply through Kentucky's Small Business Tax Credit process
  • Document new jobs, wages, qualifying equipment or technology investment, and tax information
  • Meet retention and application timing requirements