The Kentucky Department of Revenue (DOR) will honor the recently announced IRS special tax relief for taxpayers in parts of Kentucky affected by severe storms, straight-line winds, tornadoes, landslides and mudslides that began on April 2, 2024. The tax relief postpones various tax filing and payment deadlines that occurred from April 2, 2024, through November 1, 2024 (postponement period.) As a result, affected individuals and businesses will have until November 1, 2024, to file returns and pay any taxes that were originally due during this period.
Under the provisions of
KRS 131.081(11), Kentucky honors federal extensions related to disaster relief for filing of income tax returns, including payment of tax due. This extension to file and pay taxes does not apply to sales tax and other type of taxes. However, taxpayers with disaster-related delays who are seeking filing extensions or have been assessed penalties for taxes other than income may contact DOR to request an extension or a waiver of penalties.
Individuals and households affected by severe storms, tornados and flooding who reside or have a business in Boyd, Carter, Fayette, Greenup, Henry, Jefferson, Jessamine, Mason, Oldham, Union and Whitley counties qualify for this tax relief. DOR will provide the same relief to any additional counties designated in Kentucky or neighboring states.
This extension allows affected taxpayers until November 1, 2024 to file Kentucky income tax returns and submit tax payments for individual income tax, corporate income tax, income tax withholding, and limited liability entity tax. For instance, certain deadlines falling on or after April 2, 2024, are postponed through November 1, 2024. This includes the April 16, 2024 deadline for filing 2023 individual and business income tax returns and paying any tax due. The November 1, 2024 deadline also applies to the estimated tax payments of income tax normally due on April 15, 2024, June 15, 2024, and September 16, 2024.
Late filing and payment penalties will be waived for those affected taxpayers seeking this relief. Kentucky's tax laws have no provision for the waiver of interest.
Taxpayers are advised to label the top margin of the tax forms filed under this relief provision in large, red letters with the words "Kentucky Disaster Relief."
Taxpayers requiring additional information or assistance on individual income taxes may contact the Department of Revenue at (502) 564-4581 for individual income tax or (502) 564-8139 for corporation and pass-through entity income tax.