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             Vermont Department of Taxes 

               2023 Form FIT-161                                                                                             *231611100*

     Vermont Fiduciary Return of Income                                                                                      *231611100*
                                                                                                                                                                                                                                                                        Page 7
                                Name of Estate or Trust                                                                                FEIN                         Date of Death (MMDDYYYY)
  123456789012345678901234567890123456     123456789         MM /       DD /                                                                                                                                                                         YYYY
                                Name of Fiduciary                                                                              Title of Fiduciary                   Tax year BEGIN date (MMDDYYYY)
  123456789012345678901234567890123456     123456789012345   MM /       DD /                                                                                                                                                                         YYYY
             Mailing Address of Fiduciary (Number and Street/Road or PO Box)                                     State of Domicile at Death                         Tax yearEND date                                                              (MMDDYYYY)
  123456789012345678901234567890123456               and/or Creation of Trust                                                                          12     MM /       DD /                                                                        YYYY
               Additional Line for Mailing Address of Fiduciary, if needed                                       Check ONE
                                                                                                                         Estate          Revocable           Bankruptcy      Grantor                                                                 Irrevocable 
  123456789012345678901234567890123456     X    X     Trust                                                                                                X     Estate X    Trust                                                                X  Trust
                        City                                   State                 ZIP Code
  12345678901234567890123  12  1234567890                                                                                Check here if this                  Check here if this                                                                   Check here if this 
                                            Foreign Country                                                        X          is an EXTENDED               X         is an AMENDED                                                               Xis your FINAL 
                                                                                                                         return                              return                                                                               return
  12345678901234567890123456789012

                                                                   A. Were any distributions reported on federal Form 1041, Line 18, made to nonresident beneficiaries?   . . . . . . . . . . . . . . . . . A..                                  X    Yes X          No
 B.  Did the estate or trust have non-Vermont municipal bond income? If “Yes,” see instructions for both  
                                                                  Line 2a and Schedule FIT-166, Part I  . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . B..X    Yes X          No FORM  (Place atFIRST page)
                                                                                                                                                                                                                                                                        Form pages 
                                                                   C. Are any present or future trust beneficiaries skip persons?   . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . C..      X    Yes X          No

                                                                   D. Is this return for a Qualified Settlement Fund (federal Form 1120-SF)?  . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . D..                X    Yes X          No

 1.  Federal taxable income from Form 1041, Line 23, or modified gross income of                                                                                                                                                                                        7 - 8
                                                          12345678901234Qualified Settlement Fund (from federal Form 1120-SF)   . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1..__________________________.00

                                                          12345678901234 2a. Income from Non-Vermont state and local obligations (from Schedule FIT-166, Part I, Line 3)  . . . . . . . . 2a.. __________________________.00

                                                          12345678901234 2b. Bonus Depreciation allowed under federal law for 2023  . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2b..__________________________                     .00

                                                          12345678901234 2c. State and local income taxes included on federal Form 1041, Line 11 . (See instructions)   . . . . . . . . . . . . . 2c.. __________________________.00

                                                          12345678901234 3. Federal Taxable Income with Additions (Add Lines 1, 2a, 2b, and 2c .)   . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3..__________________________.00

                                                          12345678901234 4a. Interest income from U .S . Obligations  . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .  .4a. __________________________.00

                                                          12345678901234 4b. Capital Gains Exclusion (from Schedule FIT-162, Line 21 .  If less than zero, enter -0- .)  . . . . . . . . . . . . .4b..  .__________________________                                  .00

                                                          12345678901234 4c. Adjustment for prior years’ Bonus Depreciation  . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .  .4c. __________________________.00

                                                          12345678901234 4d. Add Lines 4a, 4b, and 4c  . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4d..__________________________.00

                                                          12345678901234 5. Vermont taxable income (Line 3 minus Line 4d)  . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5..__________________________.00

                                                          12345678901234 6. Vermont Tax from the tax rate schedule on page 2 of this form   . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6..__________________________.00

                                                          12345678901234 7. Additions to Vermont Tax (from Schedule FIT-166, Part II, Line 1c)  . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7..__________________________.00

                                                          12345678901234 8. Subtractions from Vermont Tax (from Schedule FIT-166, Part II, Line 2e)  . . . . . . . . . . . . . . . . . . . . . . . . . 8..__________________________.00

                                                          12345678901234 9. Vermont Tax with Additions and Subtractions (Add Lines 6 and 7, then subtract Line 8)  . . . . . . . . . . . . . . 9..__________________________.00

                                                                 10. Income Adjustment (from Schedule FIT-166, Part III, Line 10, or 100%)   . . . . . . . . . . . . . . . . . . . . . . . .  .  .  .  .  . 10.  .  . _________. 123._________1234                   %
                                                                                                                                                                        Form  FIT-161
                                                                                                                                                                        Page 1 of 2
               5454                                                                                                                                                          Rev. 10/23



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                                           Name of Estate or Trust
       123456789012345678901234567890123456
                                                     FEIN                                                           *231611200*
         123456789                                                                                                  *231611200*
                                                                                                                                                                                                                                                            Page 8

                                                          12345678901234 11. Adjusted tax (Multiply Line 9 by Line 10)  . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11. .______________________ .00

                                                          12345678901234 12. Other states credit (from Schedule FIT-167, Line 21)  . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12. .______________________        .00

                                                          12345678901234 13. Total Vermont taxes (Line 11 minus Line 12)  . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13. .______________________     .00
 14.  Payment
                                       12345678901234   14a. Vermont Tax Withheld on 1099  . . . . . . . . . . . . . . . . . . . . . . 14a. .______________________ .00

                                       12345678901234   14b. Estimated Tax or Extension Payments  . . . . . . . . . . . . . . . . .14b.  ______________________ .00

                                       12345678901234   14c.  Vermont Real Estate Withholding  . . . . . . . . . . . . . . . . . . . .  .14c.  ______________________.00 
             Attach copy of Form  RW-171 or Schedule K-1VT
                                       12345678901234   14d.  Nonresident Payments from Form WH-435  . . . . . . . . . . . . . 14d.  ______________________ .00

                                       12345678901234   14e. 2022 Overpayment Applied  . . . . . . . . . . . . . . . . . . . . . . . . . 14e. .______________________.00
                                                                                                                                                                                                                                                            FORM  (Place at LAST page)
                                                          12345678901234  14f. Total Payments (Add Lines 14a, 14b, 14c, 14d, and 14e)   . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14f. . ______________________         .00 Form pages 

                                                          12345678901234 15. Overpayment: If Line 13 is less than Line 14f, subtract Line 13 from Line 14f   . . . . . . . . . . . . . . . . . . . . . 15. .______________________                      .00

                                                          12345678901234 16.  Amount of overpayment to be credited to 2024 taxes   . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .  .16.  ______________________      .00
                                                                                                                                                                                                                                                            7 - 8
                                                          12345678901234 17. Amount of overpayment to be REFUNDED (Line 15 minus Line 16)  . . . . . . . . . . . . . . . . . . . . . . . . . . . . 17. .______________________                          .00

                                                           1234567890123418.  BALANCE DUE: If Line 14f is less than Line 13, subtract Line 14f from Line 13  . . . . . . . . . . . . . . . . . . 18..  _________________________.00

                           Vermont 2023 Tax Schedule                                            If filing for a Qualified Settlement Fund, tax is 8.95% of 
        IfButTheoftaxableTaxablenotVermonttheincome.                                                                                                                                                                                                                                    overamount 
        incomeTaxover                                                                                                                                                                                                                                                                 isisover 
              $0               $3,050                  3.35%                           $0       File this return no later than the 15th day of the fourth month 
          $3,050               $7,150      $102.00 + 6.60%                     $3,050           following the close of the operating or income year.  Attach 
                                                                                                a legible copy of the federal Form 1041, U.S. Income Tax 
          $7,150            $10,950        $373.00 + 7.60%                     $7,150
                                                                                                Return for Estates and Trusts, or federal Form 1120-SF for 
        $10,950                   ---      $662.00 + 8.75%                   $10,950            the same taxable period. 

I declare under the penalties of perjury, this return is true, correct, and complete to the best of my knowledge .  If prepared by a person other than the 
taxpayer, this declaration further provides under 32 V .S .A . §§ 5901-5903 that this information has not been and will not be used for any other purpose 
or made available to any other person other than for the preparation of this return unless a separate valid consent form is signed by the taxpayer and 
retained by the preparer .
 Signature of Responsible Officer                                                                                     Date                                               Daytime Telephone Number

                                               MMDDYYYY      123-123-1234
 Printed Name                                                                      Email Address (optional)
  1234567890123456789012345678901  123456789012345678901234567890123456789
 Paid Preparer’s Signature                                                                                            Date                                               Preparer’s Telephone Number
                                                                                            Check if 
                                     X self-employed
                                               MMDDYYYY      123-123-1234
 Preparer’s Printed Name                                                           Preparer’s Email Address (optional)
  1234567890123456789012345678901  123456789012345678901234567890123456789
 Firm’s Name (or yours if self-employed) and address                                                                  Preparer’s SSN or PTIN                             FEIN
  123456789012345678901234567890123456789012   123456789      123456789
              Check if the Department of Taxes may discuss 
      X this return with the preparer shown.                                                                  For Department Use Only                                    Form  FIT-161
                                                                                                    Ck. Amt.                              Init.                          Page 2 of 2
                5454              Keep a copy for your records.                                                                                                              Rev. 10/23






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