The Vermont Statutes Online
The Statutes below include the actions of the 2025 session of the General Assembly.
NOTE: The Vermont Statutes Online is an unofficial copy of the Vermont Statutes Annotated that is provided as a convenience.
Subchapter
005A
:
QUARTERLY FILING AND PAYMENT
(Cite as: 32 V.S.A. § 5858)
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§ 5858. Payment dates
A taxpayer required to file a declaration of estimated tax shall pay such estimated
tax as follows:
(1) If the declaration is required to be filed on or before the 15th day of the fourth
month of the taxable year, the estimated tax shall be paid in four equal installments.
The first installment shall be paid at the time of required filing of the declaration,
and the second, third, and fourth installments shall be paid on or before the 15th
day of the sixth, ninth, and 12th months of the taxable year, respectively.
(2) If the declaration is required to be filed on or before the 15th day of the sixth
month of the taxable year, the estimated tax shall be paid in three equal installments.
The first installment shall be paid at the time of required filing of the declaration,
and the second and third installments shall be paid on or before the 15th day of the
ninth and 12th months of the taxable year, respectively.
(3) If the declaration is required to be filed on or before the 15th day of the ninth
month of the taxable year, the estimated tax shall be paid in two equal installments,
at the time of required filing of the declaration for such taxable year and on or
before the 15th day of the 12th month of such taxable year.
(4) If the declaration is required to be filed on or before the 15th day of the 12th month
of the taxable year, the estimated tax shall be paid in full at the time of such required
filing.
(5) If an amended declaration is filed, the remaining installments, if any, shall be ratably
increased or decreased, as the case may be, to reflect the increase or decrease in
the estimated tax occasioned by such amendment.
(6) The Commissioner may authorize payment by electronic funds transfer. The Commissioner
may require payment by electronic funds transfer from any taxpayer who is required
by federal tax law to pay any federal tax in that manner, or from any taxpayer who
has submitted to the Department of Taxes two or more protested or otherwise uncollectible
checks with regard to any State tax payment in the prior two years. (Added 1975, No. 1 (Sp. Sess.), § 15, eff. Jan. 1, 1976; amended 1997, No. 156 (Adj. Sess.), § 7, eff. April 29, 1998.)