141.335 Annual withholding statement to be furnished employee.

254 words·~1 min read·/ky/chapter-141/141-335

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

(1)Every person required to deduct and withhold from an employee a tax under KRS

141.310 or 141.315, or who would have been required to deduct and withhold a tax

under KRS 141.310 or 141.315 if the employee had claimed no more than one

withholding exemption, shall furnish to each such employee in respect of the

remuneration paid by such person to such employee during the calendar year, on or

before January 31 of the succeeding year, or, if his employment is terminated before

the close of such calendar year, on the day on which the last payment of

remuneration is made, a written statement showing the following:

(a)the name of such person;

(b)the name of the employee and his social security account number;

(c)the total amount of wages as defined in KRS 141.010; and

(d)the total amount deducted and withheld as tax under KRS 141.310 and

141.315.

(2)The statement required to be furnished by this section in respect of any wages shall

be furnished at such other times, shall contain such other information, and shall be

in such form as the department may by regulations prescribe. A duplicate of such

statement if made and filed in accordance with regulations prescribed by the

department shall constitute the return required to be made in respect of such wages

under KRS 141.150.

(3)The department may promulgate regulations providing for reasonable extensions of

time, not in excess of thirty

(30)days, to employers required to furnish statements

under this section.