Form 41a720sl - Application For Six-Month Extension Of Time printable pdf download

FORM 41A720SL INSTRUCTIONS

General—In accordance with the provisions of KRS 131.081(11), KRS

Mandatory Nexus Consolidated Returns—An extension of time for

131.170, KRS 141.170, and Regulation 103 KAR 15:050, an extension

filing a mandatory nexus consolidated Kentucky corporation income

of time to file a Kentucky corporation income tax and LLET return or

tax and LLET return also constitutes an extension of time for filing

a limited liability pass-through entity income and LLET return may

for each member of the affiliated group.

be obtained by either:

Form 851-K listing all includible corporations must be submitted

with the Form 41A720SL.

requesting an extension pursuant to KRS 141.170 before the

date prescribed by KRS 141.160 for filing the return, i.e., the

Payment of Tax—An extension of time to file a return does not

15th day of the fourth month following the close of the taxable

extend the date prescribed for payment of tax. Therefore, a check

year; or

made payable to the Kentucky State Treasurer for the amount of

any unpaid tax should be submitted to the Department of Revenue

along with Form 41A720SL on or before the 15th day of the fourth

submitting with your return a copy of federal Form 7004,

month following the close of the taxable year.

Application for Automatic Extension of Time To File Certain

Business Income Tax, Information, and Other Returns.

Electronic Funds Transfer (EFT)—LLET estimated tax payments

are not permitted by EFT. The Department of Revenue is accepting

Federal Extension—A corporation or limited liability pass-through

electronically filed Corporation Income Tax/Limited Liability Entity

entity granted an extension of time for filing a federal income tax

Tax estimated tax voucher payments only for corporation income

return will be granted the same extension of time for filing a Kentucky

tax. Before filing by EFT, the corporation must have a valid six-digit

income and LLET return for the same taxable year provided a copy of

Kentucky Corporation/LLET account number and have registered

the federal Form 7004 is attached to the Kentucky income and LLET

with the Department of Revenue to file EFT. Using an incorrect

return when it is filed. A copy of the federal Form 7004 shall not be

account number, such as an account number for withholding tax

mailed to the Department of Revenue before filing the return.

or sales and use tax, will result in the payment being credited to

If submitting payment with extension, use Kentucky Form

another corporation's account. For more information, contact the

41A720SL.

Department of Revenue at 1-800-839-4137 or (502) 564-6020. The

EFT registration form is available at See

Kentucky Extension—An extension of time to file a corporation or

E-File & E-Payment Options (click on KY E-Tax). The direct link is

limited liability pass-through entity income and LLET return may be

obtained by either making a specific request to the Department of

Revenue or attaching a copy of the federal extension to the return

EFT is not available for a corporation's or limited liability pass-through

when filed. A copy of the federal extension (Form 7004) submitted

entity's LLET estimated tax payments, return payment or extension

after the return is filed does not constitute a valid extension, and

payment.

late filing penalties will be assessed. If a corporation or limited

Penalty—A penalty of 2 percent of the tax due for each 30 days

liability pass-through entity is making a payment with its extension,

or fraction thereof may apply to any tax not paid by the 15th

Kentucky Form 41A720SL must be used.

day of the fourth month following the close of the taxable year.

KRS 131.180(1)

A copy of either federal Form 7004 or Kentucky Form 41A720SL

must be attached to the return when filed, and a copy should

Interest—Interest at the tax interest rate plus 2 percent applies to any

be retained for the corporation’s or limited liability pass-through

tax paid after the 15th day of the fourth month following the close

entity's records.

of the taxable year. KRS 131.183(2)

When requesting an extension prior to filing a Kentucky return, this form must be used.

Make check(s) payable to Kentucky State Treasurer.



Mail extension with payment to Kentucky Department of Revenue, Frankfort, Kentucky 40620.



Detach Here

Enclose Check and Extension Unattached

41A720SL (6-12)

__ __

2 4

APPLICATION FOR SIX-MONTH EXTENSION

OF TIME TO FILE KENTUCKY CORPORATION OR

Department of Revenue

LIMITED LIABILITY PASS-THROUGH ENTITY RETURN

TRAN CODE

Kentucky Corporation/LLET Account Number

Federal Identification Number (FEIN)

Taxable Year Ending

—

M M Y

Name of Entity (Print or Type)

State and Date of Organization

Corporation

❜

Income Tax

Number and Street

Limited Liability

Entity Tax

City

State

ZIP Code

❜

Total

Name of President, Partner or Member

Telephone No. of Entity

❜

(Round to the nearest dollar)



Form 720

Form 720S

Form 725

Form 765

Form Type (Check the box):

✍

Signature of Principal Officer or Chief Accounting Officer or Preparer Other Than Taxpayer

Date

Form 41a720sl - Application For Six-Month Extension Of Time

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