67.783 Employer to report tax withheld -- Liability of employer for failure to

366 words·~2 min read·/ky/67-783

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

withhold or pay tax.

(1)Every employer required to deduct and withhold tax under KRS 67.780 shall, for

the quarter ending after January 1 and for each quarter ending thereafter, on or

before the end of the month following the close of each quarter make a return and

report to the tax district the tax required to be withheld under KRS 67.780, unless

the employer is permitted or required to report within a reasonable time after some

other period as determined by the tax district.

(2)Every employer who fails to withhold or pay to the tax district any sums required by

KRS 67.750 to 67.790 to be withheld and paid shall be personally and individually

liable to the tax district for any sum or sums withheld or required to be withheld in

accordance with the provisions of KRS 67.780.

(3)The tax district shall have a lien upon all the property of any employer who fails to

withhold or pay over to the tax district sums required to be withheld under KRS

67.780. If the employer withholds but fails to pay the amounts withheld to the tax

district, the lien shall commence as of the date the amounts withheld were required

to be paid to the tax district. If the employer fails to withhold, the lien shall

commence at the time the liability of the employer is assessed by the tax district.

(4)Every employer required to deduct and withhold tax under KRS 67.780 shall

annually on or before February 28 of each year complete and file on a form

furnished or approved by the tax district a reconciliation of the tax withheld in each

tax district where compensation is paid or payable to employees. Either copies of

federal forms W-2 and W-3, transmittal of wage and tax statements, or a detailed

employee listing with the required equivalent information as determined by the tax

district shall be submitted.

(5)Every employer shall furnish each employee a statement on or before January 31 of

each year showing the amount of compensation and license tax deducted by the

employer from the compensation paid to the employee for payment to a tax district

during the preceding calendar year.