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Governor Kelly Signs Bipartisan Bill Giving Taxpayers Additional Flexibilities with Income Tax Deductions

Kansas Governor Laura Kelly signed Senate Bill 360, granting flexibility to taxpayers contributing to 529, ABLE, and first-time home savings accounts. They can now choose the timing of their tax deductions, aligning with tax filing deadlines. The bill also establishes an advisory committee for the 529 program. Additionally, several bipartisan bills were signed, addressing various…

Kansas Gov signs off on tax deductions for 529, ABLE programs

TOPEKA (KSNT) – Kansas Governor Laura Kelly signed several bipartisan bills on Thursday, including Senate Bill 360, giving Kansas taxpayers additional flexibilities when contributing to a 529 program account, qualified ABLE program account, and first-time home savings account by allowing them to choose the timing of their deduction from state income tax. The bill allows […]

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