Form Bi-471 - Business Income Tax Return - 2005 (Page 2 of 2) in pdf

*054711299*

* 0 5 4 7 1 1 2 9 9 *

SCHEDULE 1: TAX PAYMENTS and CREDITS COMPUTATIONS

Enter all amounts in whole dollars.

2004 Overpayment Applied. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8.

Previous Payments and Payments with Extension. . . . . . . . . . . . . . . . . . . . . . . . . . . 9.

(Use these lines only if a PRE-APPROVED composite filer.)

10. NONRESIDENT REAL ESTATE WITHHOLDING (VT Form RW-171)

Indicate Source FID #_______________________. . . . . . . . . . . . . . . . . . . . . . . . 10.

11. NONRESIDENT (VT Form WH-435) payments made for this entity by another entity

Indicate Source FID #_______________________. . . . . . . . . . . . . . . . . . . . . . . . 11.

12. TAX CREDITS (From VT Form BA-404, Part II, Column B, Line 21). Attach calculation

schedule or worksheet, VEPC Annual Activity Report, authorization document, and

VT Form BA-404.). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12.

13. Add Lines 8 and 9, and if applicable, add Lines 10, 11 and 12. Enter the result here.13.

14. Use this payment computation line only if this is a pre-approved composite return for participating shareholders, partners, or members.

Total estimated tax payments made for nonresidents consenting to this

composite filing. (From VT Form BI-472 or VT Form BI-473.) . . . . . . . . . . . . . . . . . 14.

15. TOTAL PAYMENTS and CREDITS (Add Lines 13 and 14, as applicable).

(Enter the total here and on Side 1, Line 5.) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15.

Note: Line 12 Tax Credits may not reduce your tax liability to less than the minimum tax or by an amount more than 80% of the original / pre-credit

tax liability.

For a Subchapter S Corporation, the return is due on the 15th day of the 3rd

Make check payable to:

Vermont Department of Taxes

month following the year end, unless extended.

Send return to: Vermont Department of Taxes

For a Partnership or Limited Liability Company, the return is due the 15th

109 State Street

day of the 4th month following the year end, unless extended.

Montpelier, VT 05609-1401

Payment is due on the 15th day of the 3rd month (for Subchapter S Corporations) or the 15th day of the 4th month (for Partnerships and Limited Liability

Companies) following the year end, even if the return is extended.

I hereby certify that I am an officer or agent responsible for the taxpayer’s compliance with the requirements of V.S.A. Title 32 and that 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 that under V.S.A. Title 32 §5901, 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 Officer or Authorized Agent

Printed name

Date

Daytime telephone

May the Dept. of Taxes discuss this

number (optional)

return with the preparer shown?

(

)

Yes

Date