This version of the form is not currently in use and is provided for reference only. Download this version of Instructions for Form BI-476 for the current year.
This document contains official instructions for Form BI-476 , Business Income Tax Return for Resident Only - a form released and collected by the Vermont Department of Taxes. An up-to-date fillable VT Form BI-476 is available for download through this link.
Q: What is Form BI-476?
A: Form BI-476 is the Business Income Tax Return for Resident Only in Vermont.
Q: Who is required to file Form BI-476?
A: Residents of Vermont who have business income are required to file Form BI-476.
Q: What is considered business income?
A: Business income includes income generated from self-employment, partnerships, S corporations, and rental properties.
Q: Can I file Form BI-476 if I am not a resident of Vermont?
A: No, Form BI-476 is for Vermont residents only.
Q: What are the important deadlines for filing Form BI-476?
A: Form BI-476 must be filed by April 15th for calendar year taxpayers.
Q: Do I need to attach any additional documents with Form BI-476?
A: Yes, you may need to attach supporting documentation such as Schedule K-1 or Form 1099.
Q: Are there any penalties for late filing of Form BI-476?
A: Yes, there may be penalties for late filing or underpayment of taxes.
Q: Can I get assistance in completing Form BI-476?
A: Yes, you can seek assistance from a tax professional or contact the Vermont Department of Taxes for guidance.
Instruction Details:
Download your copy of the instructions by clicking the link below or browse hundreds of other forms in our library of forms released by the Vermont Department of Taxes.