Instructions for Form IN-111 Vermont Income Tax Return - Vermont

Form IN-111 Vermont Income Tax Return - Vermont

This document contains official instructions for Form IN-111 , Vermont Income Tax Return - a form released and collected by the Vermont Department of Taxes. An up-to-date fillable Form IN-111 is available for download through this link.

FAQ

Q: What is Form IN-111?
A: Form IN-111 is the Vermont Income Tax Return form.

Q: Who needs to file Form IN-111?
A: Any resident of Vermont who has earned income or received income from Vermont sources needs to file Form IN-111.

Q: What are the filing requirements for Form IN-111?
A: You must file Form IN-111 if your Vermont gross income is over certain thresholds. For 2021, the thresholds are $13,000 for single filers and $26,000 for married couples filing jointly.

Q: When is the deadline to file Form IN-111?
A: The deadline to file Form IN-111 is April 15th, or the next business day if it falls on a weekend or holiday.

Q: What documents do I need to file Form IN-111?
A: You will need your W-2 forms, any 1099 forms, and any other documentation of income and deductions.

Q: Are there any deductions or credits available on Form IN-111?
A: Yes, there are various deductions and credits available, such as the Vermont Earned Income Tax Credit and the Property Tax Adjustment.

Q: What happens if I don't file Form IN-111?
A: If you are required to file Form IN-111 and fail to do so, you may be subject to penalties and interest charges.

Q: Can I get an extension to file Form IN-111?
A: Yes, you can request an extension to file Form IN-111 by filing Form IN-151, Vermont Extension Payment and Application.