1. Kentucky Form W-2 Filing Requirements for the 2020 Tax Year
Employers in Kentucky must file Form W-2 with the state in addition to federal filing only if there is a state withholding to report.
As an employer in the state of Kentucky, you must file
Form W-2 - Wage and Tax Statements
Form K-5 - Transmittal of Tax Statements
2. Kentucky Form K-5
(Transmittal of Tax Statements)
Form K-5 is a Transmittal of Tax Statements for reporting the total tax amount withheld from an employee’s paycheck.
Kentucky requires Form Form K-5 along with the Form W-2.
3. Kentucky Form W-2 Filing Deadline
The deadline for filing both Form W-2 and the Transmittal Form K-5 with the Kentucky State is January 31, 2021.
Don’t wait until the deadline. Prepare and e-file your forms today, and have us mail your employee copies on your behalf.
4. Kentucky Form W-2 Penalty
If you miss filing your Form W-2 with Kentucky or file after the deadline two (2) percent of the total tax due for each 30 days or fraction thereof would be charged as penalty. The maximum penalty is 20 percent of the total tax due.
5. Filing Form W-2s with the state of Kentucky
The State of Kentucky suggests filers file Forms electronically for quick processing and to get instant updates on the filing status.