The state will honor federal extensions of tax-filing deadlines for taxpayers in counties where disasters were declared after recent damaging weather, the Kentucky Department of Revenue announced Thursday.
The news release said the IRS has postponed certain tax deadlines for residents and business owners in the following counties where President Barack Obama has issued disaster declarations: Bath, Campbell, Carroll, Grant, Grayson, Johnson, Kenton, LaRue, Laurel, Lawrence, Magoffin, Martin, Menifee, Montgomery, Morgan, Ohio, Pendleton, Rowan, Russell, Trimble and Wolfe.
Among other things, the IRS has extended the April 17 deadline for filing 2011 individual tax returns, for making income-tax payments and for making 2011 contributions to individual retirement accounts, according to the release from the state.
The IRS has granted other tax relief related to the storm. More information is available at IRS.gov.
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The state honors federal tax extensions related to disasters, the Department of Revenue said. The state will waive late-filing and payment penalties for taxpayers who have an original or extended income tax filing, payment or deposit due date.
Taxpayers filing under the relief provisions should label the top of their returns "February 2012 storms," in large red letters, according to the release from the Department of Revenue.
People who need help or more information may call (502) 564-4581.
According to the National Oceanic and Atmospheric Administration, there were at least 42 confirmed tornadoes March 2, with damage in 11 states expected to top $1 billion.
The U.S. Department of Agriculture also is offering assistance, including emergency loans. For more information, call your local Farm Service Agency offices.