Form Fi-161 - Fiduciary Return Of Income - 2005 Page 3
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3SCHEDULE D.
VT CREDIT FOR TAX PAID TO ANOTHER STATE OR CANADIAN PROVINCE
FOR RESIDENTS AND PART-YEAR RESIDENTS ONLY
You must complete a separate Schedule D for each credit claimed.
_
30a. ______________________________
30b. ____________________________ = 30c. _______________________
Total income taxed in another state or
Capital Gains Exclusion (40% of capital
Income eligible for credit (Line
Canadian province and also subject to
gains reported to other state or
30a minus Line 30b)
VT tax
province)
_
31a. ______________________________
31b. ____________________________ = 31c. _______________________
Total income (From Federal Form 1041,
Capital Gains Exclusion (From Form
Income eligible for credit (Line
Line 9)
FI-161, Line 4c)
31a minus Line 31b)
32. VT Fiduciary Income Tax (from Line 6) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 32.
33. Computed tax credit: Divide Line 30c by Line 31c and multiply by Line 32
Line 30c
x Line 32 ______________
Line 31c . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 33.
34. Amount of TAX paid to other state or Canadian province on
income on Line 30c . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 34.
35. Total Other States Credit:
Enter the lesser of Line 33 or 34 here and on Line 9. . . . . . . . . . . . . . . . . . . . . . . . . . 35.
Name of state or Canadian province
COPIES OF NONRESIDENT RETURNS MUST BE ATTACHED
SCHEDULE E. NONRESIDENTS AND PART-YEAR RESIDENTS must complete this section
A. Federal Amount $
B. VT Portion $
INCOME
36. Interest income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 36.
37. Total ordinary dividends . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 37.
38. Business income or (loss) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 38.
39. Capital gain (or loss) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 39.
40. Rents, royalties, partnerships, S Corporations, LLCs,
other estates and trusts, etc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 40.
41. Farm income (or loss) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 41.
42. Ordinary gain (or loss) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 42.
43. Other income (specify type of income) . . . . . . . . . . . . . . . . . . . . . . . 43.
44. Income from non-VT municipal obligations
(Schedule A, Line 18) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 44.
45. Total income (add Lines 36 through 44) . . . . . . . . . . . . . . . . . . . . . . 45.
1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9
1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9
46. Non-VT income (Column A, Line 45 less Column B, Line 45).
1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9
1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9
1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9
Enter here and on Schedule C, Line 27 . . . . . . . . . . . . . . . . . . . . . . 46.
1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9
1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9
Dates of VT residency in 2005: From: ________________________to: _______________________
Name of resident state(s), Canadian province(s), or country during period of nonresidency in VT:
Rev. 1/06
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