![]() Enlarge image | DEPT Vermont Department of Taxes USE FILE YOUR RETURN ONLY ELECTRONICALLY FOR A 2020 Form IN-111 *201111100* FASTER REFUND. GO TO TAX.VERMONT.GOV FOR Vermont Income Tax Return *201111100* MORE INFORMATION. Please PRINT in BLUE or BLACK INK Page 17 Taxpayer’s Last Name First Name MI Social Security Number Check if Deceased Spouse’s/CU Partner’s Last Name First Name MI Social Security Number Check if Deceased Mailing Address (Number and Street/Road or PO Box) 911/Physical Street Address on 12/31/2020 City State ZIP Code or Foreign Postal Code Foreign Country Vermont School District Code Enter Healthcare Coverage Code Check all EXTENDED (See instructions for code options) that apply AMENDED RECOMPUTED Return Return Return Filing Status and Single Married/CU Filing Jointly Married/CU Filing Head of Household Qualifying Widow(er) Standard Deduction ($6,250) ($12,500) Separately ($6,250) ($9,400) ($12,500) Check to 1. Federal Adjusted Gross Income (federal Form 1040, Line 11) . . . . . . . . . . . . . . . . . . . . ç indicate 1. __________________________ .00 loss Check to 2. Net Modifications to Federal AGI (Schedule IN-112, Part I, Line 15) . . . . . . . . . . . . . . ç indicate 2. __________________________ .00 loss Check to 3. Federal AGI with Modifications (Add Lines 1 and 2) . . . . . . . . . . . . . . . . . . . . . . . . . . . ç indicate 3. __________________________ .00 loss 4. 2020 Vermont Standard Deduction from filing status section above . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4. __________________________ .00 Please see instructions if you or your spouse checked any standard deduction boxes on federal Form 1040, page 1 . 5. Personal Exemptions: 5a. Enter “1” for yourself if no one can claim you as a dependent . . . . . . . . . . . . . . . . . . . . . . . . . . 5a. _______ 5b. Enter “1” for your jointly filed spouse or CU partner if no one can claim them as a dependent or if you are a qualifying widow(er) . . . . . . . . . . . . . . . . . . . . . . . . . 5b. _______ 5c. Enter number of other dependents claimed on federal Form 1040 . This includes any dependents other than yourself and/or your spouse . . . . . . . . . . . . . . . . . . . . . 5c. _______ 5d. Add Lines 5a through 5c . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5d. ________ 5e. Multiply Line 5d by $4,350 (2020 Personal Exemption) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5e. __________________________ .00 6. Add Lines 4 and 5e . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6. __________________________ .00 7. Vermont Taxable Income (Subtract Line 6 from Line 3 . If less than zero, enter -0-) . . . . . . . . . . . . . . . . 7. __________________________ .00 8. Vermont Income Tax from tax table or tax rate schedule . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8. __________________________ .00 (If Line 1 is greater than $150,000, see instructions) Check to 9. Net Adjustment to Vermont Tax (Schedule IN-119, Part I, Line 16) . . . . . . . . . . . . . . . . ç indicate 9. __________________________ .00 loss 10. Vermont Income Tax with Adjustment (Add Lines 8 and 9 . If less than zero, enter -0-) . . . . . . . . . . . . 10. __________________________ .00 11. Tax-Deductible Charitable Contribution 12. Multiply Line 11 by 5% (0 .05) 13. Charitable Contribution (See instructions) Deduction (Enter the lesser 13. __________________________ .00 ___________ .00 ___________ .00 of Line 12 or $1,000) . . . . . . 14. Vermont Income Tax (Line 10 minus Line 13 . If less than zero, enter -0-) . . . . . . . . . . . . . . . . . . . . . . 14. __________________________ .00 15. Income Adjustment (Schedule IN-113, Line 35, or 100 .0000%) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .15. _______ . _________% 16. Adjusted Vermont Income Tax (Multiply Line 14 by Line 15) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 16. _____________________________.00 Amount Due Form IN-111 (from Line 31) 0 .00 Page 1 of 2 5454 Rev . 10/20 |
![]() Enlarge image | Taxpayer’s Last Name Social Security Number *201111200* *201111200* Page 18 Other State Credit (Schedule IN-117, Line 21) Vermont Tax Credits (Schedule IN-119, Part II) Total Vermont Credits (Add Lines 17 and 18) 17. _____________________ .00 + 18. ____________________ .00 = 19. __________________________ .00 20. Vermont Income Tax after credits (Subtract Line 19 from Line 16 . If Line 19 is greater than Line 16, enter -0-) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20. __________________________ .00 21. Use Tax for taxable items on which no sales tax was charged, Check to certify including online purchases . (See instructions, worksheet, and chart) . . . no Use Tax is due . OR 21. __________________________ .00 22. Total Vermont Taxes (Add Lines 20 and 21) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 22. __________________________ .00 Children’s Trust Fund Vermont Veterans Fund Green Up Vermont Nongame Wildlife Fund Total Contributions 23a. _________.00 + 23b. _________ .00 + 23c. _________.00 + 23d. _________.00 = 23e. ___________ .00 24. Total of Vermont Taxes and Voluntary Contributions (Add Lines 22 and 23e) . . . . . . . . . . . . . . . . . . . 24. __________________________ .00 25a. 2020 Vermont Tax Withheld from W-2, 1099 . . . . . . . . . . . . . . . . . . . 25a. __________________ .00 25b. 2020 Estimated Tax payments, amount carried forward from 2019, and payment made with 2020 extension . . . . . . . . . . . . . . . . . . . . . . . . 25b. __________________ .00 25c. Refundable Credits (Schedule IN-112, Part II) . . . . . . . . . . . . . . . . . . . .25c. __________________ .00 25d. 2020 Vermont Real Estate Withholding from Form RW-171 . . . . . . . 25d. __________________ .00 25e. 2020 Nonresident Estimated Tax payments (nonresident withholding) allocated on Schedule K-1VT, Line 5 . . . . .25e. __________________ .00 25f. Total Payments and Credits (Add Lines 25a through 25e) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 25f. __________________________ .00 26. Overpayment . If Line 24 is less than Line 25f, subtract Line 24 from Line 25f . . . . . . . . . . . . . . . . . . 26. __________________________ .00 27a. Refund to be credited to 2021 Estimated Tax Payment . . . . . . . . . . . . 27a. __________________ .00 27b. Refund to be credited to 2021 Property Tax Bill . . . . . . . . . . . . . . . . . 27b. __________________ .00 28. REFUND AMOUNT (Subtract Lines 27a and 27b from Line 26) . . . . . . . . . . . . . . . . . . . . . . . . . . . . 28. __________________________ .00 29. If Line 24 is more than Line 25f, subtract Line 25f from Line 24 . See instructions on tax due . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 29. __________________________ .00 30. Interest and Penalty on 31. AMOUNT DUE Underpayment of Estimated Tax . . 30. _________________.00 (Add Lines 29 and 30) . 31. __________________________ .00 (Worksheet IN-152 or IN-152A) For Amended Original refund received Refund due now Original payment Amount due now Returns Only: .00 .00 .00 .00 Under penalties of perjury, I declare that I have examined this return and accompanying schedules and statements, and to the best of my knowledge and belief, they are true, correct and complete. Preparers cannot use return information for purposes other than preparing returns. Signature Date (MM/DD/YYYY) Date of Birth (MM/DD/YYYY) Daytime Telephone Number / / Signature (If a joint return, BOTH must sign .) Date (MM/DD/YYYY) Date of Birth (MM/DD/YYYY) Daytime Telephone Number / / Paid Preparer’s Signature Date Preparer’s Telephone Number / / Firm’s Name (or yours if self-employed) and address Preparer’s SSN or PTIN FEIN Check if the Department of Taxes may discuss this return with the preparer shown . Keep a copy for Form IN-111 5454 Page 2 of 2 your records. Rev . 10/20 Clear ALL fields Save and go to Important Printing Instructions Save and Print |