Instructions for Schedule FIT-167 Vermont Credit for Tax Paid to Other State or Canadian Province for Fiduciaries - Vermont

This document contains official instructions for Schedule FIT-167 , Vermont Credit for Tax Paid to Canadian Province for Fiduciaries - a form released and collected by the Vermont Department of Taxes.

FAQ

Q: What is Schedule FIT-167?
A: Schedule FIT-167 is a form used by fiduciaries in Vermont to claim a credit for taxes paid to another state or Canadian province.

Q: Who can use Schedule FIT-167?
A: Fiduciaries in Vermont can use Schedule FIT-167 to claim a credit for taxes paid to another state or Canadian province.

Q: What is the purpose of Schedule FIT-167?
A: The purpose of Schedule FIT-167 is to avoid double taxation by allowing fiduciaries to claim a credit for taxes paid to another state or Canadian province.

Q: What information is needed to complete Schedule FIT-167?
A: To complete Schedule FIT-167, you will need information about the taxes paid to another state or Canadian province, such as the tax amount and the jurisdiction where the tax was paid.