Monday, March 7, 2011



If you were approved for a federal tax extension, then the State of Vermont will automatically grant you a six month tax extension. If you need to make a state tax payment, you'll need to submit Vermont Form IN-151 (PDF) or make a payment with your credit card using VTPay. Attach a copy of your tax extension form to your state tax return when filed.

Filing for a Vermont tax extension does not grant you extra time to pay any tax balance due. Your balance must be paid by your original filing deadline to avoid possible penalties.

If you already received an approval notification from ExpressExtension, and you don't need to make a tax payment, then you're all done.

For more information, visit the State of Vermont Department of Taxes website.
http://www.state.vt.us/tax/individual.shtml




The State of Vermont will automatically grant your business a tax extension 30 days beyond the federal extension date (September 15 for corporations, October 15 for all other business types) if you have successfully filed a federal tax extension and have no tax balance due. If, however, you need to make a state tax payment, you need to submit Vermont business extension Form BA-403 (PDF).

If you do not need to make a state tax payment and have received an approval notification from ExpressExtension, there’s nothing more to do. Be sure to attach a copy of your tax extension form to your state tax return when filed.

Filing for a Vermont tax extension will not provide you with additional time to pay any tax balance due. Any tax due and unpaid by the original due date will bear interest at the statutory rate, and a penalty of 1% or 5% per month, up to a maximum of 25%. Returns filed after the due date without an authorized.

Extension are subject to a late filing fee. For additional information, please visit the State of Vermont Department of Taxes website.
http://www.state.vt.us/tax/business.shtml