Instructions for Schedule IN-117 Credit for Income Tax Paid to Other State or Canadian Province - Vermont

This document contains official instructions for Schedule IN-117 , Credit for Income Other State or Canadian Province - a form released and collected by the Vermont Department of Taxes.

FAQ

Q: What is Schedule IN-117?
A: Schedule IN-117 is a form used by residents of Vermont to claim a credit for income tax paid to another state or Canadian province.

Q: Who can use Schedule IN-117?
A: Residents of Vermont who have paid income tax to another state or Canadian province can use Schedule IN-117.

Q: What is the purpose of Schedule IN-117?
A: The purpose of Schedule IN-117 is to prevent double taxation by allowing Vermont residents to claim a credit for income tax paid to another state or Canadian province.

Q: How do I complete Schedule IN-117?
A: To complete Schedule IN-117, you will need to gather information about the income tax you paid to the other state or Canadian province, and then follow the instructions provided on the form.

Q: Is there a deadline for filing Schedule IN-117?
A: Yes, Schedule IN-117 must be filed along with your Vermont income tax return by the original due date of your return, which is usually April 15th.

Q: Can I e-file Schedule IN-117?
A: Yes, you can e-file Schedule IN-117 along with your Vermont income tax return if you are using approved tax software or a tax professional.

Q: What if I have questions or need assistance with Schedule IN-117?
A: If you have any questions or need assistance with Schedule IN-117, you can contact the Vermont Department of Taxes or consult a tax professional.