Enlarge image | Vermont Department of Taxes Form BI-471 *234711100* Vermont Business Income Tax Return *234711100* for Partnerships, Subchapter S Corporations, and LLCs Page 11 Check Name Composite Accounting Initial Public Law Pro Forma - Change Return Period Change Return 86-272 Applies Cannabis Appropriate Box(es) Address Amended Extended Federal Final Return Change Return Return Extension Requested (Cancels Account) Entity Name FEIN Primary 6-digit NAICS number Address Tax year BEGIN date (YYYYMMDD) Tax year END date (YYYYMMDD) Address (Line 2) Federal tax City State ZIP Code return filed (Check one 1120S 1065 Other Foreign Country (if not United States) box) FORM (Place at FIRST page) A. Were any shareholders, partners, or members nonresidents of Vermont during this tax year? . . . . . . . . . . A. Yes No Form pages B. Did this entity have income or losses derived from at least one state other than Vermont? . . . . . . . . . . . . . B. Yes No If Yes, complete and attach Schedule BI-477 . C. Net adjustment to income resulting from Vermont’s disallowance of “bonus depreciation” (IRC 168(k)) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . C. ________________________ .00 11 - 12 D. Total number of Shareholders, Partners, or Members . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . D. ____________________________ E. How many are Vermont Residents? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .E. ____________________________ F. How many are Nonresidents? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .F. ____________________________ G. Check box if 32 V .S .A . § 5920(f), (g), or (h) applies (regarding nonresident estimated payments for affordable housing projects, federal new market tax credit projects, or publicly traded partnerships) . Attach authorization or documentation . . . . . . . . . . . . . . . . . . . . G. TAX COMPUTATION (see instructions): Enter all amounts in whole dollars. Check box if exception NO VERMONT ACTIVITY / INVESTMENT CLUB § 5921 IRC § 761 INACTIVE ($0) ($0) ($0) to minimum tax applies: 1. Vermont minimum entity tax ($250) or above exception (See instructions) . . . . . . . . . . . . . . . . . . . . . . . . . 1. ________________________ .00 2. For non-composite entities 2a. Nonresident estimated payment requirement (Schedule BI-472, Line 6) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2a. ________________________ .00 2b. Overpayment distributed to owners (ADD Schedule K-1VT, Lines 11 and 12 from all schedules, then SUBTRACT amount from Schedule BI-472, Line 6) . . . . . . . . . . . . . . . . . . 2b. ________________________ .00 2c. ADD Lines 2a and 2b . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .2c. ________________________.00 3. For composite entities, Vermont composite tax due (Schedule BI-473, Line 11) . . . . . . . . . . . . . . . . . . . . . 3. ________________________ .00 4. Vermont apportionment of entity level taxes (See instructions) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4. ________________________ .00 5. Use Tax for taxable items on which no sales tax was charged, including online purchases . . . . . . . . . . . . . 5. ________________________ .00 6. Total tax due (ADD Lines 1, 2c, 3, 4, and 5) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6. ________________________ .00 Form BI-471 5454 Page 1 of 2, Rev. 10/23 |
Enlarge image | Entity Name FEIN Fiscal Year Ending (YYYYMMDD) *234711200* *234711200* Page 12 PAYMENTS AND CREDITS Enter all amounts in whole dollars. 7. Prior Year Overpayment Applied . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7. ________________________ .00 8. Payments with Extension (Form BA-403) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8. ________________________ .00 9. Real estate withholding paid for this entity (Form REW-171, REW Schedule A) . . . . . . . . . . . . . . . . . . . . 9. ________________________ .00 10. Real estate withholding distributed to this entity by a different company (Schedule K-1VT, Line 12) . . . 10. ________________________ .00 11. Nonresident estimated payments paid by this entity (Form WH-435) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11. ________________________ .00 12. Nonresident estimated payments distributed to this entity by a different company (Schedule K-1VT, Line 11) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12. ________________________ .00 13. Total payments (ADD Lines 7 through 12) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13. ________________________ .00 RECONCILIATION FORM (Place at LAST page) 14. Balance Due: If Line 6 is greater than Line 13, subtract Line 13 from Line 6 . . . . . . . . . . . . . . . . . . . . . . . 14. ________________________ .00 Form pages 15. Payment included with this return . Make check payable to Vermont Department of Taxes. . . . . . . . . . 15. ________________________ .00 16. Overpayment: If Line 6 is less than the sum of Lines 13 and 15, ADD Lines 13 and 15, then SUBTRACT Line 6. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 16. ________________________ .00 11 - 12 17. Overpayment to be credited to the next tax year . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 17. ________________________ .00 18. Overpayment to be refunded . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 18. ________________________ .00 SIGNATURE I hereby certify that I am an officer or authorized agent responsible for the taxpayer’s compliance with the requirements of Vermont Statutes Annotated, Title 32, and that this return is true, correct, and complete to the best of my knowledge. If prepared by a person other than the taxpayer, this declaration further provides that under 32 V.S.A. § 5901, this information has not been and will not be used for any other purpose, or made available to any other person, other than for the preparation of this return unless a separate valid consent form is signed by the taxpayer and retained by the preparer. Signature of Responsible Officer Date (MM/DD/YYYY) Daytime Telephone Number / / Printed Name Email Address (optional) Check if the Vermont Department of Taxes may discuss this return with the preparer shown. Signature of Paid Preparer Date (MM/DD/YYYY) Preparer’s Telephone Number / / Preparer’s Printed Name Email Address (optional) Firm’s Name (or yours if self-employed) EIN Preparer’s SSN or PTIN Firm’s Address (or yours if self-employed) (Street, City, State, ZIP Code) Check if self-employed Send return Vermont Department of Taxes and check to: 133 State Street For Department Use Only Form BI-471 Montpelier, VT 05633-1401 Ck. Amt. Init. Page 2 of 2 5454 Rev. 10/23 |