Vermont State Tax Extension

Vermont State Tax Extension Flag

Filing an Extension in Vermont

The Vermont Department of Taxes The Vermont Department of Taxes follows the IRS in allowing an automatic six-month extension of time to file the individual income tax return. You must file either Vermont Form IN-151 or a copy of the Federal extension return by the original due date of the return.

An extension of time only allows more time to file the return. It does not extend the time to pay tax. Interest and penalty will accrue on tax due from the original due date of the return to the time of payment.

Note: An extension of time to file the VT individual income tax return does not apply to Homestead Declaration and Property Tax Adjustment Claim (Form HS-122), or Renter Rebate Claim (Form PR-141). These forms must be filed by their specific due dates.

 

If You Owe

To avoid interest and penalties you must pay your current year tax liability in full by April 18, 2017and submit your Vermont return by October 15, 2017.

Find out if you owe using the Worksheet on Form IN-151.

Pay Online

Pay your taxes online using VTPay. Pay by credit card and select the “Estimated Payment” option. There is a convenience fee for payments over $200.

You can also pay your taxes online at Official Payments Corporation. Visa, MasterCard, Discover Network, and American Express credit and debit cards, and other forms of payment, such as Bill Me Later® are accepted. To make a debit card payment you can use a MasterCard or Visa Debit Card or any debit card with Nyce, Pulse or Star logos.

There is a convenience fee for this service which is paid directly to the company. The amount of the fee is based on the amount of your payment.

Pay by Phone

Pay your taxes by phone by calling Official Payments toll-free at 1-800-272-9829. This automated service is available 24 hours, 7 days a week. At the end of your call you will be given a confirmation number. Save this as proof of payment for your records.

There is a convenience fee for this service which is paid directly to the company. The amount of the fee is based on the amount of your payment.

Pay by Mail

Along with the extension form, send a check or money order in the amount of the estimated tax due made payable to Vermont Department of Taxes. Mail to:
Vermont Department of Taxes
PO Box 1779
Montpelier, VT 05601-1779

Penalty and Interest Charges on Tax Owed

In all cases, interest will be charged from the date the tax should have been paid (April 18, 2017) until the date of payment. In addition, the state may assess the following penalties:

  • Late Payment Interest: Vermont will assess interest on late payment of taxes of 0.4% per month.
  • Late Payment Penalty: Vermont will also assess a late payment penalty of 1% per month to a maximum of 25% of the outstanding balance if you do not pay total tax due by April 18, 2017.
  • Failure to File Penalty: Penalty at 5% per month on tax liability outstanding, up to a maximum of 25%. Penalty at $50 penalty if filed more than 60 days after the due date, even if no tax due or there is a refund.
  • Underpayment penalty: Interest of 0.4% per month and a penalty of 1% per month is charged for underpayment of taxes owed.

If You Do Not Owe

Vermont requires that you file for an extension even if you do not owe or are expecting a tax refund.

For more information, visit The Vermont Department of Taxes.