2730

 

 

General Instructions

The Delaware Division of Revenue requires that you file Form 1027 to request an automatic five and half (5 ½) month extension of time to file Form 200-01 or 200-02. You must file an extension on or before April 30, 2015, or before the original due date of Form 200-01 or 200-02, if you are filing a fiscal year return. Delaware does require that you pay your entire tax liability on or before April 30, 2015 to avoid penalties and interest.

An extension of time to file may also be filed online at the Delaware Division of Revenue website. If you wish to file the Form 1027 extension online and you owe tax, you must use a direct debit from your checking or savings account.

An extension to file your return is not an extension of time to pay your taxes.

If you owe taxes, payment must be made by April 30, 2015 or interest will accrue at the rate of one - half percent (½%) per month on any unpaid balance of tax from the original due date of the return until the tax is paid. The extension allows additional time to complete and file your income tax return; however, the extension does not provide additional time to pay the amount of tax owed.

You can pay by direct debit at the Delaware Division of Revenue website.

You can also pay 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. Do not mail Form 1027 to the Division of Revenue.

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 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.

Along with Form 1027, send a check or money order in the amount of the estimated tax due made payable to Delaware Division of Revenue. Check or money order must be payable in U.S. Dollars and drawn against a U.S. financial institution.

If you are sending a payment with this request, mail to:
Delaware Division of Revenue
PO Box 508
Wilmington, DE 19899-0508

If you are not sending a payment with your request, mail to:
Delaware Division of Revenue
PO Box 8765
Wilmington, DE 19899-8765

Interest will accrue at the rate of one - half percent (½%) per month on any unpaid balance of tax from the original due date of the return until the tax is paid. The law imposes a penalty of five percent (5%) per month (or fractional part thereof) of the tax for failure to file a timely return, unless you can show reasonable cause for failure to file. If the return is not filed within the period of the extension granted (i.e., by October 15), the penalty will be assessed unless reasonable cause is established.

The Delaware Division of Revenue requires that you file for an extension if you owe Delaware taxes.

For more information, visit The Delaware Division of Revenue.