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COMPLETE ONLY IF NOT FILING FEDERAL EXTENSION SEE INSTRUCTIONS for PAYMENT REQUIREMENTS Revenue Ky Form
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People also ask
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Does Kentucky follow the federal extension?
ing to the Kentucky DOR, if you get a federal extension, you automatically have an extension to file with Kentucky. Just be sure to attach the federal form (Form 4868) with your state return before the April deadline.
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Does a federal tax extension cost money?
There is no penalty for filing a tax extension. However, not paying on time or enough, or failing to file altogether, may cost you. If you don't pay the full amount you owe, the IRS will charge you interest on the unpaid tax balance until you pay the full amount.
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What is the point of a tax extension?
An extension will allow you to take advantage of retroactive changes to the tax law that might be made after the filing deadline, without the added time and expense of filing an amendment.
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Does KY grant automatic extension?
Kentucky will automatically grant a 6 months extension on filing personal income taxes if a federal extension is filed. This means you do not need to file for an extension in Kentucky if you file a federal extension and attach the federal extension to the state return.
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Do I need to file an extension for a Kentucky state tax return?
Kentucky individual income tax returns are due by the 15th day of the 4th month following the close of the tax year — for calendar year filers, this date is April 15. If you cannot file on time, you can request a Kentucky tax extension for 6 extra months to file, which moves the due date to October 15.
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What is payment extension?
A payment extension moves the due date to a later date (up to 30 days) to allow you extra time to pay the balance in full.
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What is a federal extension payment?
A tax return extension gives you six more months to file, but you must still pay your taxes on time. Learn about tax return extensions or how to pay your tax bill in installments.
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What is the federal extension form?
You can get an automatic extension of time to file your tax return by filing Form 4868 electronically. You'll receive an electronic acknowledgment once you complete the transaction. Keep it with your records. Don't mail in Form 4868 if you file electronically, unless you're making a payment with a check or money order.
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