Kansas State Tax Extension: The Complete Guide

Navigating tax season can be challenging.

Fortunately, filing a tax extension in Kansas provides extra time to organize your finances and ensure the accuracy of your return.

However, remember that a Kansas tax extension only applies to the filing deadline—not the payment deadline.

If you owe state taxes, you must pay at least 90% of your estimated liability by April 15 to avoid penalties and interest.

This guide explains how to file a Kansas tax extension, covering eligibility, deadlines, payment requirements, and answers to frequently asked questions.

Overview of Kansas Tax Extension Requirements

What is a Tax Extension?

A Kansas tax extension grants taxpayers additional time to submit their state income tax returns.

This extension allows more time to prepare and file but does not extend the payment deadline.

To avoid penalties, taxpayers are still required to pay at least 90% of their estimated tax by the April deadline.

Quick Kansas Tax Extension Facts

• Automatic Extension: An approved federal extension will automatically extend the Kansas filing deadline.
• Payment Deadline: Any taxes owed must be paid by April 15 to avoid penalties.
• Form K-40V: This form is only needed if a payment is required. You do not need to submit this form if your withholding or estimated payments cover at least 90% of your liability.

Important Kansas Extension Deadlines and Requirements

When is the Deadline to File a Kansas Tax Extension?

The deadline to file a Kansas tax extension aligns with the federal tax deadline, which is April 15, 2024, for the 2023 tax year.

This extended filing time allows you to submit your return until October 15, 2024, but any taxes owed must still be paid by April 15.

Do I Need to File a Kansas Tax Extension if I Already Filed a Federal Extension?

Kansas will automatically accept if you have filed a federal tax extension using Form 4868.

Include a copy of your federal extension when you submit your Kansas return. Maintaining a strong connection with tax authorities is crucial to ensure all necessary documents are submitted correctly. If you owe Kansas taxes, you must complete and submit Form K-40V and your payment by April 15.

If I File a Tax Extension for Kansas, When is My New Deadline?

With an approved extension, your new deadline to file a Kansas return is October 15, 2024.

Remember, this extension only applies to submitting your return; the April 15 deadline for any payments owed remains unchanged.

How to Request an Extension in Kansas

Step-by-Step Guide to Filing a Kansas Tax Extension

Follow these steps to successfully file a Kansas tax extension and submit any required payments:

1. File a Federal Extension (if applicable)

• Filing Form 4868 with the IRS for a federal extension will automatically extend your Kansas deadline.
• Pro Tip: Keep a copy of your federal extension form, as you’ll need it when filing your tax return.

2. Calculate Payment Needs

• Estimate your tax liability and ensure at least 90% is paid by April 15. No additional payment is required if your withholding or estimated payments cover this amount.
• Example: If your tax liability is $10,000, you must pay at least $9,000 by April 15 to avoid penalties.
• Note: You are responsible for ensuring that at least 90% of the estimated tax is paid by April 15 to avoid penalties.

3. Prepare Form K-40V (Kansas Payment Voucher)

• Use Form K-40V if you need to make a payment. Complete the form with your name, address, and Social Security number.
• If filing jointly, provide your spouse’s information as well.

4. Choose a Payment Method

• • Visit the Kansas Department of Revenue - Payment Portal to electronically pay via credit card or e-check. This method is fast and secure, ensuring your payment is processed immediately.
• • Mail Form K-40V and payment to: Kansas Income Tax Kansas Department of Revenue PO Box 750260 Topeka, KS 66699-0260
  • Ensure your payment is postmarked by April 15 to meet the deadline.

5. Save Your Records

• Keep copies of all forms and proof of payment for your records. This will be essential if you have any questions about your extension or payment.

Potential Consequences of Not Filing Properly

If you owe additional taxes and fail to use Form K-40V to submit payment, the Kansas Department of Revenue may misapply your payment. This could lead to:

• 5% penalty on unpaid amounts
• Compounded interest of 4-5% annually
• Difficulty proving compliance during future audits

To avoid these consequences, ensure Form K-40V is used correctly when making an extension payment, and keep all documentation for your records.

FAQs: Kansas Tax Extensions

Do I Need to Pay My Kansas Taxes When I File a Tax Return Extension?

Yes, Kansas requires paying at least 90% of your tax liability by April 15, even if you file for an extension. Interest and penalties may apply to any unpaid balance if you don't meet this requirement. If you are eligible for a refund, you can still file for an extension and ensure you receive the maximum refund possible.

Who is Eligible for a Tax Extension in Kansas?

Kansas taxpayers can receive a tax extension by filing a federal extension FORM-4868.

What Are the Penalties for Filing My Tax Return Late in Kansas?

If your return is late, Kansas imposes a 5% monthly penalty on any unpaid tax balance, up to a maximum of 25%.

A minimum penalty may apply if your return is over a month late.

What Are the Penalties for Paying My Taxes Late in Kansas?

Failure to pay taxes by April 15 may result in a penalty of 5% of the unpaid amount, plus compounding interest at 4-5% annually until the balance is paid.

What Are the Consequences of Not Using Form K-40V When Required?

If you need to make a payment but don’t submit Form K-40V, this could lead to:

• Misallocation of your payment, potentially resulting in late penalties
• 5% penalty on unpaid taxes
• Interest charges of 4-5% annually
• Difficulty in proving compliance during future audits

Always use Form K-40V when submitting an extension payment to avoid these issues.

How Do I Know If I Should File a Tax Extension for Kansas?

Consider an extension if you need more time to gather documents, organize finances, or avoid mistakes on your return.

However, you’ll still need to pay at least 90% of your taxes by April 15 to avoid penalties.

Can I File a Kansas Extension if I Don’t Owe Any Taxes?

Yes, you can still file an extension if you don’t owe taxes. By filing a federal extension FORM 4868, Kansas will automatically grant an extension even if no tax is due.

Key Kansas Tax Deadlines

Kansas follows the federal due dates for tax filing. If a due date falls on a weekend or holiday, returns and payments are due the next business day.

Important Kansas Deadlines from the Tax Calendar

• April 15: Deadline to file your Kansas income tax return or request an extension and pay any taxes owed.
• October 15: Extended filing deadline if you filed for an extension.

For other deadlines, refer to the Kansas Tax Calendar, which provides a complete listing of due dates for different Kansas tax types.

Kansas Tax Payment Instructions: Form K-40V

To make an extension payment for your Kansas income tax, follow these steps for completing Form K-40V:

Exploring Kansas Tax Trends and County Comparisons

Understanding the tax landscape in Kansas is essential for navigating the complexities of tax extensions.

This section explores key trends in state tax revenue and compares tax collections across counties.

These insights reveal how tax policies impact residents and businesses differently, highlighting the broader implications of tax extensions.

County Comparison of Tax Collections

This chart shows how tax collections vary across Kansas counties, detailing per capita contributions for individual income, sales, vehicle property, and real/personal property taxes.

For example, counties like Johnson and Sedgwick contribute more in income and sales taxes, reflecting stronger local economies, while smaller rural counties often rely more heavily on property taxes.

These insights highlight where tax extensions may offer the most relief.

Kansas Tax Revenue Trends

This chart tracks Kansas's tax revenue over the past six years, illustrating growth and dips.

Noticeable increases in 2021 likely relate to economic recovery post-pandemic, with steady growth continuing into 2023.

Understanding these trends provides context for tax policy decisions and the potential impact of tax extensions on different sectors.

View the Kansas Revenue Annual Report

Conclusion

Filing a Kansas tax extension can relieve stress by providing extra time to file accurately. Remember that this extension applies only to filing, not to payment.

If your withholdings or estimated payments cover at least 90% of your tax liability, you may not need to make additional payments.

However, timely payment is essential to avoid penalties and interest if you owe taxes.

Need Help? Get Personalized Assistance!

If you’re feeling overwhelmed, our dedicated team at IRS Extension is here to assist. Contact us today to get personalized support for your Kansas tax extension needs.