{"data":{"id":"us-ky/krs-142.402","jurisdiction":"us-ky","citation":"KRS 142.402","heading":"Transient room tax due monthly -- Returns -- Extension for filing --","body":"Assessments -- Refund or credit -- Interest and penalties due.\n(1) On or before the twentieth day of every month, a taxpayer subject to the tax\nprovided in KRS 142.400 shall submit a  return and the tax due for the preceding\nmonth to the Department of Revenue, in a form prescribed by the department. To\nfacilitate administration, the department may permit or require returns or tax\npayments for other periods. Upon written request received on or before the due date,\nthe department may extend the filing or tax payment due date up to thirty (30) days.\n(2) The Department of Revenue shall examine and audit each return as soon as\npracticable after it is received. If the tax computed by the depa rtment is greater than\nthe tax paid by the taxpayer, the department shall assess the excess within four (4)\nyears from the filing deadline, including any extensions granted. If the taxpayer\nfailed to file a return or filed a fraudulent return, then the exc ess may be assessed at\nany time.\n(3) A taxpayer may request a refund or credit for any overpayment of tax under KRS\n142.400 within four (4) years after the tax due date, including any extensions\ngranted. The request shall be made to the Department of Reven ue in writing and\nshall state the amount requested, the applicable period, the basis for the request, and\nany other information the department reasonably requires.\n(4) Any tax not paid on or before its due date shall bear interest at the tax interest rate\nprovided in KRS 131.183 from the date due until the date of payment. If an\nextension is granted, and the tax is not paid within the extension period, then\ninterest shall accrue from the original due date.","path":["KRS Chapter 142"],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=29228","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:50:36Z","sha256":"8c809e5852146c1cce714d22e4ebe1b6c8f160cd692c3339bd869a8ad24faf11","source_id":"us-ky","stale":false,"prev":"us-ky/krs-142.400","next":"us-ky/krs-142.404"},"notice":"GroundRules: Original legal text. Not legal advice."}