Kentucky Statutes 141.190 – Returns of fiduciaries
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(1) Every fiduciary, except a receiver appointed by authority of law in possession of part only of the property of an individual, shall make under oath a return for any of the following individuals, estates, or trusts for which he acts, setting forth therein such information as may be prescribed by the department:
(a) Every individual having an adjusted gross income for the taxable year which exceeds five thousand dollars ($5,000);
(b) Every estate the gross income of which for the taxable year is twelve hundred dollars ($1,200) or over;
(c) Every trust the gross income of which for the taxable year is one hundred dollars ($100) or over.
(2) Any fiduciary required to make a return under this chapter shall be subject to all the provisions of this chapter that apply to individuals.
Effective: June 20, 2005
History: Amended 2005 Ky. Acts ch. 85, sec. 486, effective June 20, 2005. — Amended
1990 Ky. Acts ch. 476, Pt. VII D, sec. 635, effective April 11, 1990. — Amended
1976 Ky. Acts ch. 77, Pt. I, sec. 5. — Amended 1960 Ky. Acts ch. 5, Art. III, sec. 6. –
– Amended 1958 Ky. Acts ch. 3, sec. 4. — Amended 1954 Ky. Acts ch. 79, sec. 14. — Amended 1952 Ky. Acts ch. 194, sec. 9. — Recodified 1942 Ky. Acts ch. 208, sec. 1, effective October 1, 1942, from Ky. Stat. sec. 4281b-30.
(a) Every individual having an adjusted gross income for the taxable year which exceeds five thousand dollars ($5,000);
Terms Used In Kentucky Statutes 141.190
- Department: means the Department of Revenue. See Kentucky Statutes 141.010
- Fiduciary: A trustee, executor, or administrator.
- Individual: means a natural person. See Kentucky Statutes 141.010
- Oath: A promise to tell the truth.
- Taxable year: means the calendar year or fiscal year ending during such calendar year, upon the basis of which net income is computed, and in the case of a return made for a fractional part of a year under the provisions of this chapter or under administrative regulations prescribed by the commissioner, "taxable year" means the period for which the return is made. See Kentucky Statutes 141.010
- Year: means calendar year. See Kentucky Statutes 446.010
(b) Every estate the gross income of which for the taxable year is twelve hundred dollars ($1,200) or over;
(c) Every trust the gross income of which for the taxable year is one hundred dollars ($100) or over.
(2) Any fiduciary required to make a return under this chapter shall be subject to all the provisions of this chapter that apply to individuals.
Effective: June 20, 2005
History: Amended 2005 Ky. Acts ch. 85, sec. 486, effective June 20, 2005. — Amended
1990 Ky. Acts ch. 476, Pt. VII D, sec. 635, effective April 11, 1990. — Amended
1976 Ky. Acts ch. 77, Pt. I, sec. 5. — Amended 1960 Ky. Acts ch. 5, Art. III, sec. 6. –
– Amended 1958 Ky. Acts ch. 3, sec. 4. — Amended 1954 Ky. Acts ch. 79, sec. 14. — Amended 1952 Ky. Acts ch. 194, sec. 9. — Recodified 1942 Ky. Acts ch. 208, sec. 1, effective October 1, 1942, from Ky. Stat. sec. 4281b-30.