Gov. Steve Beshear reminds delinquent taxpayers to apply for the tax amnesty program from October 1 through November 30, 2012, with respect to all tax types owed to the Kentucky Department of Revenue for tax periods ending after December 1, 2001, and before October 1, 2011. The program allows people and businesses owing back taxes to pay without incurring fees or penalties. In addition, the threat of prosecution will be waived, and only half the interest owed will be due. Other details concerning the amnesty were previously reported. (TAXDAY, 2012/04/13, S.21 ; TAXDAY, 2012/09/21, S.9 )
Those under criminal prosecution are not eligible for the program. The governor cautions that though the state’s database currently shows almost 170,000 people and businesses qualifying for the amnesty, others may also qualify for owing back taxes. The governor also states that people and businesses taking advantage of the amnesty program will save an average of 30% of what they would otherwise be charged, but that those who fail to apply for the program will face higher penalties and owe an additional 2% in interest. Further information on the amnesty program can be found on Gov. Beshear’s website at http://migration.kentucky.gov/newsroom/governor/20121001taxamnesty.htm . Forms needed to apply for amnesty can be found at http://www.amnesty.ky.gov . The Kentucky Department of Revenue has set up a hotline to respond to amnesty questions at 855-KYTAXES (855-598-2937). The hotline is open Monday – Friday, 8:00 a.m. – 5:00 p.m. in the Eastern time zone, and 7:00 a.m. – 4:00 p.m. in the Central time zone.
Amnesty applications have been mailed to those taxpayers owing eligible delinquent taxes. Taxpayers who receive amnesty applications in the mail can pay online. Taxpayers who do not receive an application in the mail can download a blank application online from http://www.amnesty.ky.gov . Field offices also have blank applications and do accept completed applications with payment.
With regard to sales and use tax and the amnesty program, taxpayers can amend a previously filed sales and use tax return by copying the original return, marking through the totals that have changed, and writing in the corrected totals to the right or left. Taxpayers having numerous returns should include a spreadsheet or summary of the tax change or difference for each applicable period. For help with amending or paying sales and use tax for eligible amnesty periods, taxpayers can contact their local taxpayer service center or contact the department’s Division of Sales and Use Tax at (502) 564-5170 or through DORWebResponseSalesTax@ky.gov .
Press Release, Kentucky Gov. Steve Beshear, October 1, 2012; Kentucky Tax Amnesty Fact Sheet, Kentucky Gov. Steve Beshear, October 1, 2012, ¶203-012 ; Amnesty Information, Kentucky Department of Revenue, October 2012, ¶203-011