The Kansas Department of Revenue (DOR) July 17 announced that it is updating the withholding tax tables to reflect the new tax rates, higher standard deduction, and higher personal exemption amount for tax year 2024 and all tax years thereafter. The announcement includes that the update may result in: 1) excess income tax withheld for the year; and 2) a larger tax refund for the 2024 income tax return. [Kan. Dep’t of Revenue, Notice 24-6 - Withholding Tax Tables Updated, 07/17/24]
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