Announced by Governor Andy Beshear Thursday, individuals and businesses affected by the Memorial Day Weekend storms in Kentucky, with a tax deadline on or after May 21, 2024, now have until February 3, 2025, to file returns and pay residuals that were originally due during this period.
There is no deadline extension for tax filings and payments that were due on April 15, 2024.
This includes all damages and delays caused by the severe storms, straight-line winds, tornadoes, landslides and mudslides that occurred across the Commonwealth during that time.
The provisions come from state law, in which Kentucky honors federal extensions related to disaster relief, and residents of Caldwell, Calloway, Christian, Crittenden, Hopkins, Livingston, Lyon, Marshall, Muhlenberg, Todd and Trigg counties are among the exemptions.
This extension gives affected taxpayers more time to file Kentucky income tax returns and submit tax payments for individual income tax, corporate income tax, pass through entity tax, income tax withholding, limited liability entity tax, quarterly estimated payments and Kentucky payroll payments.
All late filing and payment penalties will be waived for those affected taxpayers seeking this relief, and this new filing deadline also applies to individuals who sent a valid extension to file their individual returns by October 15 of this year.
Kentucky Partnership and S Corporation returns with a valid extension through October and Kentucky Corporation returns with a valid extension through November also qualify for the extended filing relief through February 3, 2025.
Taxpayers are advised to label the top margin of the tax forms filed under this relief provision in large, red letters with the words “Kentucky Disaster Relief.”
Taxpayers requiring additional information or assistance may contact the Department of Revenue at (502) 564-4581 for individual income tax or (502) 564-8139 for corporation income, limited liability entity and pass-through entity tax.
