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141.170 Extension of time for filing returns.

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141.170 Extension of time for filing returns. (1) The Department of Revenue may grant any taxpayer other than a corporation a reasonable extension of time for filing an income tax return whenever good cause <br>exists, and shall keep a record of every extension. Except in the case of an <br>individual who is abroad, no extension shall be granted for more than six (6) <br>months. In the case of an individual who is abroad, the extension shall not be <br>granted for more than one (1) year. (2) A corporation may be granted an extension of not more than six (6) months for filing its income tax return, provided the corporation, on or before the date <br>prescribed for payment of the tax, requests the extension and pays the amount <br>properly estimated as its tax. (3) If the time for filing a return is extended, the taxpayer shall pay, as part of the tax, an amount equal to the tax interest rate as defined in KRS 131.010(6) on the tax <br>shown due on the return, but not previously paid, from the time the tax was due <br>until the return is actually filed with the department. Effective: June 20, 2005 <br>History: Amended 2005 Ky. Acts ch. 85, sec. 484, effective June 20, 2005. -- Amended 1996 Ky. Acts ch. 344, sec. 3, effective July 15, 1996. -- Amended 1990 Ky. Acts <br>ch. 29, sec. 1, effective July 1, 1990. -- Amended 1986 Ky. Acts ch. 459, sec. 5, <br>effective July 15, 1986. -- Amended 1982 Ky. Acts ch. 387, sec. 8, effective July 15, <br>1982. -- Amended 1972 Ky. Acts ch. 84, Pt. II, sec. 4. -- Amended 1950 Ky. Acts <br>ch. 189, sec. 1. -- Recodified 1942 Ky. Acts ch. 208, sec. 1, effective October 1, <br>1942, from Ky. Stat. secs. 4281b-21, 4281b-25. Legislative Research Commission Note (7/13/90). The amendment to this section made by HB 255, 1990 Ky. Acts ch. 29, was made effective for taxable years beginning on <br>or after July 1, 1990.