{"data":{"id":"us-ky/krs-136.545","jurisdiction":"us-ky","citation":"KRS 136.545","heading":"Tax returns -- Extension of time for filing.","body":"(1) On or before the March 15 following each taxable year, a return for the preceding\ntaxable year shall be filed with the department in the form and manner prescribed by\nthe department, together with payment of any tax due.\n(2) A return shall be filed by each financial institution.\n(3) The return shall show the amount of taxes for the period covered by the return and\nother information necessary for the proper administration of KRS 136.500 to\n136.575.\n(4) The department shall, upon written request received on o r prior to the due date of\nthe return and tax, grant an automatic extension of up to ninety (90) days for the\nfiling of returns. An extension of time to file a return does not extend the payment\nof tax due, which shall be estimated by the financial institu tion and paid on or\nbefore the date specified in subsection (1) of this section.\n(5) If the time for filing a return is extended, the financial institution shall pay, as part\nof the tax, an amount equal to the tax interest rate as defined in KRS 131.010(6)  on\nthe tax shown due on the return but not previously paid, from the time the tax was\ndue until the return is actually filed with the department.","path":["KRS Chapter 136"],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=28574","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:50:27Z","sha256":"eb17e88963148d5ddad92cbd00b4a39b6d4b12a85d77c74020d9e766f8e88786","source_id":"us-ky","stale":false,"prev":"us-ky/krs-136.540","next":"us-ky/krs-136.550"},"notice":"GroundRules: Original legal text. Not legal advice."}