Instructions for Schedule IN-112 Vermont Tax Adjustments and Credits - Vermont

This document contains official instructions for Schedule IN-112 , Vermont Tax Adjustments and Credits - a form released and collected by the Vermont Department of Taxes.

FAQ

Q: What is Schedule IN-112?
A: Schedule IN-112 is a form used to calculate tax adjustments and credits for Vermont state taxes.

Q: Who should use Schedule IN-112?
A: Residents of Vermont who need to claim certain tax adjustments and credits on their state taxes should use Schedule IN-112.

Q: What types of tax adjustments can be claimed on Schedule IN-112?
A: On Schedule IN-112, you can claim adjustments for items such as alimony paid, student loan interest, and certain retirement contributions.

Q: What types of tax credits can be claimed on Schedule IN-112?
A: On Schedule IN-112, you can claim credits for items such as child and dependent care expenses, education expenses, and renewable energy investments.

Q: When is the deadline to file Schedule IN-112?
A: The deadline to file Schedule IN-112 is the same as the deadline to file your Vermont state tax return, which is usually April 15th.

Q: Is there a separate form for non-residents to claim tax adjustments and credits in Vermont?
A: Yes, non-residents should use Schedule IN-113 instead of Schedule IN-112 to claim tax adjustments and credits in Vermont.

Q: Do I need to attach supporting documents to Schedule IN-112?
A: In most cases, you do not need to attach supporting documents to Schedule IN-112. However, you should keep relevant documents for your records in case of an audit.

Q: Can I file Schedule IN-112 electronically?
A: Yes, you can file Schedule IN-112 electronically if you are filing your Vermont state tax return electronically.

Q: What should I do if I have questions or need assistance with completing Schedule IN-112?
A: If you have questions or need assistance with completing Schedule IN-112, you should contact the Vermont Department of Taxes or consult a tax professional.