Kentucky Business Tax Extension Filing Instructions
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Last modified 3/20/2023 3:47:21 AM EST |
Added by ExpressExtension Team
Kentucky doesn’t require Businesses (corporation or limited liability pass-through entity ) to file a separate Business Tax extension form if they having an approved federal extension by filing Form 7004. The extended deadline for your Kentucky return will be the same as the extended deadline of your Federal tax return. Remember, you must attach a copy of the federal Form 7004 when you’re filing your Kentucky income tax and LLET return by the extended due date.
If your ( corporation or limited liability, pass-through entity) federal extension was rejected or you are seeking to extend the filing of the Kentucky tax return, you must file the extension form by the original due date of your Kentucky tax return to get an extension of time to file the Kentucky business income tax return.
Extension Form to use
- Form 720EXT - EXTENSION OF TIME TO FILE KENTUCKY CORPORATION / LLET RETURN
- Form 740EXT - GENERAL PARTNERSHIP AND FIDUCIARY INCOME TAX
Due date to file Kentucky tax Extension
| Extension Form | Actual Due Date | Extension Period |
|---|---|---|
| 720EXT | 15th day of the fourth month following the close of the corporation’s tax year. (April 15 for calendar year taxpayers) | Six-month extension for pass-through entities (Form PTE or 725), including S-corporations, and a seven-month extension of time to file a Kentucky corporation income tax and/or LLET return for corporations (Form 720 or 720U). |
| 740EXT | 15th day of the fourth month following the close of the corporation’s tax year. (April 15 for calendar year taxpayers) | Six-month extension |
Kentucky tax extension Filing Method (Paper/Electronic)
The state of Kentucky supports only the paper filing option.
How to pay the state tax due?
To make a state extension payment, use Kentucky Form 720EXT/740EXT. If you have a Federal extension and your Kentucky tax balance is zero, do not file Form 720EXT/740EXT.
You can also pay your state tax due using any of the following options:
- Pay through Check/Money order - Use Form 720–ES, payment voucher.
- Pay electronically.
Does ExpressExtension support this State filing?
No, currently, we do not support this state filing. If you are looking for an e-file solution for Federal Form 7004, you can file your extension and get approval within minutes with ExpressExtension.
Any Special Requirements?
A tax extension does not give you more time to pay Kentucky tax. You must pay your balance due by the original deadline (April 15) to avoid penalties.
For more information regarding Kentucky business state tax extension, click here.