Kentucky Revised Statutes — Title XI (Revenue and Taxation)

KRS 141.207 — Calculation of estimated tax required by KRS 141.206 for nonresident individuals -- Payment of estimated tax

(1) For a nonresident individual partner, member, or shareholder, the payment of
estimated tax required by KRS 141.206 shall be calc ulated under KRS 141.020 and
141.305 for the taxable year.
(2) The payment of estimated tax shall be made in installments by the pass -through
entity in the same manner and at the same times as provided by KRS 141.305, for a
nonresident individual partner, member, or shareholder.
(3) A pass-through entity required to make a payment of estimated tax shall be subject
to the penalty provisions for any underpayment of estimated tax.

Last amended: Effective: June 29, 2021 History: Amended 2021 Ky. Acts ch. 156, sec. 10, effective June 29, 2021. -- Amended 2019 Ky. Acts ch. 151, sec. 50, effective June 27, 2019. -- Amended 2018 Ky. Acts ch. 171, sec. 82, effective April 14, 2018; and ch. 207, sec. 82, effective April 27, 2018. -- Created 2010 (1st Extra. Sess.) Ky. Acts ch. 2, sec. 5, effective June 4, 2010. Legislative Research Commission Note (6/29/2021). This statute was amended in 2021 Ky. Acts ch. 156. Section 38 of that Act provides

Source: official text