Form Fi-161 - Fiduciary Return Of Income - 2005
ADVERTISEMENT
1
2
32005 VERMONT
Vermont Department of Taxes
109 State Street
FIDUCIARY RETURN OF INCOME
Montpelier VT 05609-1401
or FISCAL YEAR ending __________________________
Name of Estate or Trust
Estate
Employer ID Number
Check here
Trust
if this is an
Name, Address & Title of Fiduciary
AMENDED
Revocable
Date of Death
return
Trust
Irrevocable
State of Domicile at Death and/or Creation of Trust
Trust
Were any distributions reported on Line 18 of Federal Form 1041 made to nonresident beneficiaries?
Yes
No
Did the estate or trust have non-VT municipal bond income?
Yes
No (If yes, see instructions for both Line 2 and Schedule A.)
Are any present or future trust beneficiaries skip persons?
Yes
No
1.
Federal taxable income from Form 1041, Line 22, or modified gross income of Qualified
Settlement Fund (Form 1120-SF, Line 14). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1. $
2.
Additions to Federal taxable income
Income from non-VT state and local obligations (from Schedule A, Line 18) . . . . . . . . . . . . . . . 2.
3.
Add Lines 1 and 2 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3.
1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3
1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3
1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3
4.
Subtractions from Federal taxable income
1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3
1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3
4a. Interest income from U.S. obligations . . . . . . . . . . . . . . 4a. $ ____________________
1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3
1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3
1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3
4b. _____________________ x 40% . . . . . . . . . . . . . . . 4c. $ ____________________
1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3
1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3
Capital Gains (see instructions)
1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3
4d. Total subtractions (add Lines 4a and 4c) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4d.
5.
VT taxable income (subtract Line 4d from Line 3) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5.
6.
VT tax from Schedule B, Line 23 or Line 25 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6.
7.
Income adjustment (from Schedule C, Line 29, or 100.00%) . . . . . . . . . . . . . . . . . . . . . . . . . . . 7.
%
8.
Adjusted tax (multiply Line 6 by Line 7) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8.
9.
Other states credit (from Schedule D, Line 35) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9.
10. Total tax due (subtract Line 9 from Line 8) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10.
1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3
1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3
11. Payments
1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3
1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3
1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3
11a. Estimated Payments and Payments with Extension . . $ _______________________
1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3
1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3
1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3
11b. VT Real Estate Withholding.
1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3
1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3
Attach copy of Form RW-171 . . . . . . . . . . . . . . . . . . . . $ _______________________
1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3
1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3
1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3
11c. Nonresident Payments from Form WH-435 . . . . . . . . . $ _______________________
1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3
1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3
11d. 2004 Overpayment Applied . . . . . . . . . . . . . . . . . . . . . $ _______________________
1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3
11e. Sum of Lines 11a, 11b, 11c, and 11d . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11e.
12. Overpayment: If Line 11e is larger than Line 10, subtract Line 11e from Line 10 . . . . . . . . . 12.
13. Amount of overpayment to be credited to 2006 taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13.
14. Amount of overpayment to be REFUNDED: Line 12 less Line 13 . . . . . . . . . . . . . . . . . . . . . . 14.
15. BALANCE DUE: If Line 11e is smaller than Line 10, enter amount due . . . . . . . . . . . . . . . . . 15.
File this return with the VT Department of Taxes, Montpelier, VT 05609-1401, no later than the 15th day of the fourth month
following the close of the operating or income year. Attach a legible copy of the U.S. Income Tax Return for Estates and
Trusts, Form 1041; or, Federal Form 1120-SF for the same taxable period.
Under penalties of perjury, I have examined the above information, and to the best of my knowledge and belief, it is true, correct, and complete.
Preparers cannot use return information for purposes other than preparing returns.
Date
Telephone Number
SIGN
HERE
Check here if authorizing the VT Department of Taxes to discuss this return and attachments with your preparer.
Preparer's
Date
Telephone Number
Preparer's
signature
Use Only
Address
City, State, ZIP Code
Rev. 1/06 Form FI-161
ADVERTISEMENT
0 votes
Related Articles
Related forms
Related Categories
Parent category: Financial