§ 5871 - Payments by individuals, trusts, and estates - Vermont Statutes

§ 5871. Payments by individuals, trusts, and estates

In the case of individuals, trusts, and estates, the income tax liability imposed by this chapter shall be discharged as follows:

(1) In the case of those taxpayers whose wages are subject to withholding, by periodic withholding within the taxable year for which the tax is imposed, or within such longer period as the commissioner by regulation may prescribe;

(2) In the case of those taxpayers required to make installment payments of estimated non-withheld tax under subchapter 5 of this chapter by those payments;

(3) All income tax liabilities not theretofore discharged by withholding or installment payments shall be paid on or before the date when the return of the taxpayer for the taxable year is required to be filed. (Added 1966, No. 61 (Sp. Sess.), § 1, eff. Jan. 1, 1966.)