Form 51a205 - Kentucky Sales And Use Tax Instructions - Commonwealth Of Kentucky Department Of Revenue - 2005
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251A205 (1-05)
KENTUCKY SALES AND
Commonwealth of Kentucky
USE TAX INSTRUCTIONS
DEPARTMENT OF REVENUE
Due Date—The return must be postmarked on or before the
minimum late file penalty will be $100. This includes zero tax
due date in order to be considered timely. If the due date falls
due returns that are filed late when a jeopardy or estimated
on a weekend or legal holiday, the return must be postmarked
assessment has been issued.
on the next business day. A timely return must be filed, even
In addition, criminal penalties for willful violations are provided
if no sales were made or no tax is due. If during a filing period
by KRS 139.990.
you did not make any sales and did not purchase any items
subject to tax on line 23(a) or 23(b), write (0) on lines 1 and 20
Example: The August return is due September 20 but the
and sign the signature block.
return was filed on October 28 (before a jeopardy or estimated
Itemized Deductions—To properly identify the specific
assessment was issued by the department). Tax due on the
deductions claimed on the return, write in the applicable
return was $1,000.
deduction codes from the top portion of the worksheet in lines
Computation of late filing penalty:
2–19 of the return itself. For example, if resale certificates are
on file to cover a portion of the total receipts recorded in line
Tax Due
$1,000.00
1, label the resale portion of receipts as code 020 in the
The return was 38 days late
deduction section of the return.
so the penalty is 4%
x .04
The return provides space for only 10 itemized deductions. If
(2% x two penalty periods)
more than 10 different deduction codes apply for a reporting
Late filing penalty (Computed penalty
period, please call the Sales and Use Tax Division for further
is greater than the $10 minimum)
$
40.00
instructions.
Computation of late payment penalty:
When using the Other Codes 180 or 190, be sure to describe
the type of deduction(s) and amount(s) on the worksheet for
Tax Due
$1,000.00
your own records and in the description box on the reverse
The payment was 38 days late
side of the return for Department of Revenue verification.
so the penalty is 4%
x .04
(2% x two penalty periods)
Penalty Amounts—The penalties are for (a) late filing of a
Late payment penalty (Computed penalty
return and (b) late payment of the tax due. Both of these
is greater than the $10 minimum)
$
40.00
penalties can apply to the same filing period.
These penalties are computed on the amount of tax due on
Total penalties for the return are $80.
the return. Each is 2 percent of the tax due on the return for
Total Penalty and Interest—The combined penalty and interest
each 30 days or fraction thereof that the return or payment is
totaled on line 32 of the worksheet is not carried down to the
late. The minimum amount of each penalty is $10. The
return itself. The sales tax system automatically totals the
percentage of each penalty will not exceed 20 percent of the
amounts, so the line item sequence from line 31 to line 33 on
total amount of tax due. Both penalties can apply to a return.
the return is by design.
Penalty Note: For any jeopardy assessment or estimated
(See Back for Further Information)
assessment issued for periods after January 1, 2003, the
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