An extension of time to file a Vermont corporate or business income tax return does not extend the time for paying the tax.
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. The interest rate is set annually by the Commissioner of Taxes in accordance with 32 V.S.A. § 3108.
Act 175 (H.954) of 2020 allows for automatic extension of the Vermont income tax filing deadline for both individual and corporate taxpayers upon extension at the federal level and gives corporations one additional month to file.
How to File an Extension
Use myVTax to file an extension for:
Or complete the following form:
- Form BA-403, Application for Extension of Time to File Vermont Corporate/Business Income Tax Returns
Please mail your request together with any tax due to:
Vermont Department of Taxes
133 State Street
Montpelier, VT 05633-1401