Social security benefits are no longer subject to Kansas tax if your federal adjusted gross income income is less than $50,000.
KPERS retirement benefits, and all earnings thereon, that are rolled over into a qualified retirement account (i.e., 401K, IRA, etc.) are not subject to Kansas income tax even if the KPERS benefits are segregated from, or commingled with, other retirement funds.
Income amounts for the food sales tax refund have increased and are as follows. If your income is below $14,850, your refund is $78 per exemption. If your income is between $14,851 and $29,700, your refund is $38 per exemption.
In addition to the subtraction for contributions to the Learning Quest Education Savings Plan, a subtraction is now available for contributions made to other states' qualified tuition plans (also called 529 plans).
The Kansas earned income credit has increased to 17% of the federal credit.
The subtraction for the premium costs paid for qualified long-term care insurance contracts has increased to $700 per contract, per taxpayer.
The following credits are new for 2007
The following credits have been revised for 2007