<html xmlns="http://www.w3.org/1999/xhtml"><head><meta charset="UTF-8" /><meta http-equiv='content-language' content='en-us'/><title>SDLRC - Codified Law 10-43-30.1 - Extension of time to file return--Conditions--Interest. </title><meta name="Generator" content="PowerTools for Open XML" /><style>span { white-space: pre-wrap; } p.s2038592Normal { text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.s2038592SENU { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2038592CL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } p.s2038592Normal-000000 { text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.s2038592DefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } p.s2038592Normal-000001 { margin-left: 0.70in; text-indent: -0.45in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-right: 0; margin-bottom: .001pt; } p.s2038592Normal-000002 { text-indent: 0.25in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.s2038592000003 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2038592SCL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2038592SCL-000004 { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } body { text-decoration-skip-ink: none; } </style></head><body><div><p dir="ltr" class="s2038592Normal"><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=10-43-30.1"><span class="s2038592SENU">10-43-30.1</span></a><span xml:space="preserve" class="s2038592SENU">. </span><span class="s2038592CL">Extension of time to file return--Conditions--Interest.</span></p><p dir="ltr" class="s2038592Normal-000000"><span class="s2038592DefaultParagraphFont">Any taxpayer shall receive an extension of time to file the return required by this chapter to a day not later than six months from the day the return was originally due, if the taxpayer:</span></p><p dir="ltr" class="s2038592Normal-000001"><span class="s2038592DefaultParagraphFont">(1)    Files for an extension of time to file the taxpayer's federal income tax return;</span></p><p dir="ltr" class="s2038592Normal-000001"><span class="s2038592DefaultParagraphFont">(2)    Files a copy of the federal income tax return extension request with the Department of Revenue on or before the day the return was originally due; and</span></p><p dir="ltr" class="s2038592Normal-000001"><span class="s2038592DefaultParagraphFont">(3)    Makes a reasonable estimate of the amount of tax due and pays that amount with or prior to the request for extension of time to file.</span></p><p dir="ltr" class="s2038592Normal-000002"><span xml:space="preserve" class="s2038592DefaultParagraphFont">If the time for filing the return is extended at the request of the taxpayer, and the amount of tax due exceeds the reasonable estimate paid pursuant to subdivision (3), interest, but not penalty, shall be added to the difference at the same rate as provided for in § </span><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=10-59-6"><span class="s2038592DefaultParagraphFont">10-59-6</span></a><span xml:space="preserve" class="s2038592DefaultParagraphFont"> from the time the return was originally due until the additional taxes due are paid.</span></p><p dir="ltr" class="s2038592Normal"><span xml:space="preserve" class="s2038592000003"> </span></p><p dir="ltr" class="s2038592Normal"><span class="s2038592SCL">Source:</span><span xml:space="preserve" class="s2038592SCL-000004"> SL 1987, ch 97; SL 2008, ch 50, § 2; SL 2011, ch 1 (Ex. Ord. </span><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=11-1"><span class="s2038592SCL-000004">11-1</span></a><span class="s2038592SCL-000004">), § 161, eff. Apr. 12, 2011; SL 2016, ch 62, § 11.</span></p></div></body></html>