KRS 141.355: Crediting of overpayment and refund of balance -- Withholding in excess

of tax imposed by KRS 141.020, when considered overpayment.

(1) Where there has been an overpayment of any tax imposed under KRS 141.020,

141.310, or 141.315, the amount of such o verpayment shall be credited against any

income tax or installment thereof then due from the taxpayer, and any balance shall

be refunded in the manner provided in KRS 141.235.

(2) Where the amount of the tax withheld at the source under KRS 141.310 or 141. 315

exceeds the taxes imposed by KRS 141.020 against which the tax so withheld may

be credited under KRS 141.350, the amount of such excess shall be considered an

overpayment.