Utah Code 59-10-516. Filing extension — Payment of tax — Penalty — Foreign residency
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Terms Used In Utah Code 59-10-516
- Equal: means , with respect to biological sex, of the same value. See Utah Code 68-3-12.5
- Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
- Partnership: includes a syndicate, group, pool, joint venture, or other unincorporated organization:(1)(p)(i)(A) through or by means of which any business, financial operation, or venture is carried on; and(1)(p)(i)(B) that is not, within the meaning of this chapter, a trust, an estate, or a corporation. See Utah Code 59-10-103
- Pass-through entity: means the same as that term is defined in Section 59-10-1402. See Utah Code 59-10-103
- Pass-through entity taxpayer: means the same as that term is defined in Section 59-10-1402. See Utah Code 59-10-103
- Taxpayer: means any of the following that has income subject in whole or part to the tax imposed by this chapter:
(1)(aa)(i) an individual;(1)(aa)(ii) an estate, a trust, or a beneficiary of an estate or a trust that is not a pass-through entity or a pass-through entity taxpayer;(1)(aa)(iii) a pass-through entity; or(1)(aa)(iv) a pass-through entity taxpayer. See Utah Code 59-10-103- United States: includes each state, district, and territory of the United States of America. See Utah Code 68-3-12.5
(1)(a) The commission shall allow a taxpayer an extension of time for filing a return.(1)(b) Except as provided in Subsection (1)(c):(1)(b)(i) for a return filed by a taxpayer except for a partnership, the extension described in Subsection (1)(a) may be up to six months; and(1)(b)(ii) for a return filed by a partnership, the extension described in Subsection (1)(a) may be up to five months.(1)(c) For a taxable year beginning on or after January 1, 2019, but beginning on or before December 31, 2019, a taxpayer may receive an extension described in Subsection (1)(a) for the time period that ends on the last day of the extension to file the taxpayer’s federal income tax return.(2) The commission may not impose a penalty under Section 59-1-401 during the extension period described in Subsection (1) on:(2)(a) a pass-through entity, if the pass-through entity, on or before the return due date described in Section 59-10-514, pays or withholds the tax on behalf of a pass-through entity taxpayer; or(2)(b) a taxpayer other than a taxpayer described in Subsection (2)(a), if the taxpayer pays, on or before the return due date described in Section 59-10-514, an amount equal to the lesser of:(2)(b)(i) 90% of the total tax reported on the return for the current taxable year; or(2)(b)(ii) 100% of the total tax liability for the taxable year immediately preceding the current taxable year.(3) If a taxpayer fails to meet the requirements of Subsection (2), the commission may apply to the total balance due a penalty as provided in Section 59-1-401.(4) If a federal income tax return filing is lawfully delayed pending a determination of qualification for a federal tax exemption due to residency outside of the United States, a taxpayer shall file a return within 30 days after that determination is made.