Schedule PTT-175 Additional Transferors and Transferees - Vermont

What Is Schedule PTT-175?

This is a legal form that was released by the Vermont Department of Taxes - a government authority operating within Vermont. As of today, no separate filing guidelines for the form are provided by the issuing department.

FAQ

Q: What is Schedule PTT-175?
A: Schedule PTT-175 is a form used in Vermont for reporting additional transferors and transferees in a real estate transaction.

Q: When do I need to fill out Schedule PTT-175?
A: You need to fill out Schedule PTT-175 if there are additional transferors or transferees involved in the real estate transaction that are not listed on the main Property Transfer Tax Return (Form PTT-172).

Q: Do I need to file Schedule PTT-175 if there are no additional transferors or transferees?
A: No, you only need to file Schedule PTT-175 if there are additional transferors or transferees that need to be reported.

Q: What information do I need to provide on Schedule PTT-175?
A: You will need to provide the names, addresses, and tax identification numbers (if applicable) of the additional transferors and transferees.

Q: Is there a deadline for filing Schedule PTT-175?
A: Yes, Schedule PTT-175 should be filed within 30 days after the date of conveyance or transfer of the property.

Q: Are there any fees or taxes associated with filing Schedule PTT-175?
A: Yes, there may be a fee or tax associated with filing Schedule PTT-175. Please consult the Vermont Department of Taxes or a tax professional for more information.

Q: What should I do if I have questions or need assistance with Schedule PTT-175?
A: If you have questions or need assistance with Schedule PTT-175, you can contact the Vermont Department of Taxes directly for guidance.

Q: Is Schedule PTT-175 specific to Vermont?
A: Yes, Schedule PTT-175 is specific to real estate transactions in Vermont. Other states may have different forms or requirements for reporting additional transferors and transferees.