Enlarge image | 1 1 0 0 0 0 20 0 0 0 0 1 1 1 1 1 1 1 1 1 1 2 2 2 2 2 2 2 2 2 2 3 3 3 3 3 3 3 3 3 3 4 4 4 4 4 4 4 4 4 4 5 5 5 5 5 5 5 5 5 5 6 6 6 6 6 6 6 6 6 6 7 7 7 7 7 7 7 7 7 8 8 8 8 8 8 8 2 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 3 3 4 Vermont Department of Taxes 4 5 5 6 Form CO-411 *234111100* 6 7 7 Vermont Corporate Income Tax Return *234111100* 8 8 Page 17 9 9 10 10 11 Name Accounting Extended Unitary PL 86-272 is 11 Check X Change X Period Change X Return X X Applicable 12 Appropriate 12 13 Box(es) Address Amended Federal Extension RAR Pro Forma - Final Return 13 X Change X Return X Requested X Amended X Cannabis X (Cancels Account) 14 14 15 Entity Name (Principal Vermont Corporation) FEIN Primary 6-digit NAICS number 15 16 16 12345678901234567890123456789012(36) 123456789 123456 17 Address Tax year BEGIN date (YYYYMMDD) Tax year END date (YYYYMMDD) 17 18 18 12345678901234567890123456789012(36) 20230101 20231231 19 Address (Line 2) Number of companies in Number of companies 19 20 12345678901234567890123456789012(36) Vermont Unitary Group 123 with Vermont Nexus 123 20 21 City State ZIP Code 21 22 Federal tax 1120 1120-F 990-T 22 23 12345678901234567(21) Foreign Country 12 1234567890 return filed X X X 23 (Check one box) 24 1234567890123456789012345678(32) X 1120-H X Other 24 25 25 FORM (Place at FIRST page) 26 Enter all amounts in whole dollars. 26 Form pages 27 1. -123456789012345FEDERAL TAXABLE INCOME (federal Form 1120, Line 28, as filed) . . . . . . . . . . . . . . . . . . . . . . 1. . ____________________________.00 27 28 28 1a. Special Deductions as filed with IRS 29 -123456789012345(federal Form 1120, Line 29b) . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1a. .__________________________ .00 29 30 30 1b. Income/Loss from unitary members included in 31 -123456789012345Vermont combined group . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .1b. __________________________ .00 31 17 - 19 32 32 1c. Income/Loss from affiliated entities filed in the above federal 33 123456789012345consolidated returns butexcluded from Vermont combined group 1c. . __________________________ .00 33 34 34 1d. Special Deductions: Vermont adjustments to federal 35 123456789012345special deductions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .1d. __________________________ .00 35 36 36 37 123456789012345 1e. Eliminations: Vermont adjustments to federal eliminations . . . . . 1e. . __________________________ .00 37 38 38 1f. Other: Other Vermont adjustments to Combined Net Income 39 123456789012345(charitable expenses, etc .) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1f. . __________________________ .00 39 40 40 41 1g. -123456789012345Federal Taxable Income as Adjusted for Combined Net Income(ADD Lines 1 through 1f) . . . . . 1g. . ____________________________.00 41 42 42 43 2. 123456789012345Bonus Depreciation Adjustment (see instructions) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2. . ____________________________.00 43 44 44 3. Federal Taxable Income as Adjusted for Combined Net Income and Bonus Depreciation 45 123456789012345(ADD Lines 1g and 2) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3. . ____________________________.00 45 46 46 47 4. 123456789012345ADD 4a. Interest on non-Vermont state and local obligations . . . . . . . 4a. .__________________________ .00 47 48 48 49 123456789012345 4b. State and local income or franchise taxes . . . . . . . . . . . . . . . 4b. __________________________ .00 49 50 50 51 51 52 52 53 Check box if exception SMALL FARM CORPORATION NO VERMONT ACTIVITY HOMEOWNER’S / CONDO ASSOC. 53 ($75 minimum) ($0) (Federal Form 1120-H only) ($0) 54 to minimum tax applies: X X X 54 55 55 56 56 57 57 58 58 59 59 60 60 61 61 Form CO-411 62 Page 1 of 3 62 63 5454 Rev. 03/24 63 0 0 0 0 640 0 0 0 0 1 1 1 1 1 1 1 1 1 1 2 2 2 2 2 2 2 2 2 2 3 3 3 3 3 3 3 3 3 3 4 4 4 4 4 4 4 4 4 4 5 5 5 5 5 5 5 5 5 5 6 6 6 6 6 6 6 6 6 6 7 7 7 7 7 7 7 7 7 8 8 8 8 8 8 8 64 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 65 65 66 66 |
Enlarge image | 1 1 0 0 0 0 20 0 0 0 0 1 1 1 1 1 1 1 1 1 1 2 2 2 2 2 2 2 2 2 2 3 3 3 3 3 3 3 3 3 3 4 4 4 4 4 4 4 4 4 4 5 5 5 5 5 5 5 5 5 5 6 6 6 6 6 6 6 6 6 6 7 7 7 7 7 7 7 7 7 8 8 8 8 8 8 8 2 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 3 3 4 Entity Name 4 5 5 12345678901234567890123456789012(36) 6 FEIN Fiscal Year Ending (YYYYMMDD) *234111200* 6 7 7 123456789 20231231 *234111200* 8 8 Page 18 9 9 10 10 LESS 4c. Non-Apportionable Income or loss allocated everywhere 11 123456789012345 (Schedule BA-402, Line 1a, or leave blank) . . . . . . . . . . . . . 4c. . __________________________ .00 11 12 12 13 1234567890123454d. Foreign dividends received . . . . . . . . . . . . . . . . . . . . . . . . . .4d. __________________________ .00 13 14 14 15 1234567890123454e. Interest on U .S . Government obligations . . . . . . . . . . . . . . .4e. . .__________________________ .00 15 16 16 4f. “Gross Up” required by IRC § 78 and other 17 123456789012345 excludable income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4f. . __________________________ .00 17 18 18 19 1234567890123454g. Targeted Job Credit salary and wage expense addback . . . . . 4g. . __________________________ .00 19 20 20 5. NET APPORTIONABLE INCOME 21 -123456789012345(ADD Lines 3, 4a, and 4b, Then SUBTRACT Lines 4c through 4g.) . . . . . . . . . . . . . . . . . . . . . . 5. . ____________________________.00 21 22 22 6. Vermont Percentage (Schedule BA-402, Line 14, or 100 .000000%) 23 Enter percentage with six places to the right of the decimal point . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6. . ____________123.123456________________% 23 24 24 25 7. 123456789012345 Income Apportioned to Vermont (MULTIPLY Line 5 by Line 6) . . . . . . . . . . . . . . . . . . . . . . . . . . 7. . ____________________________.00 25 26 26 27 8. -123456789012345 Non-Apportionable Income to Vermont (Schedule BA-402, Line 1B) . . . . . . . . . . . . . . . . . . . . . . . . .8. ____________________________.00 27 28 28 29 9. 123456789012345 Foreign Dividends Allocated to Vermont (Schedule BA-402, Line 2B) . . . . . . . . . . . . . . . . . . . . . . . .9. ____________________________.00 29 30 30 31 10. -123456789012345 Net Vermont Income Allocated and Apportioned to Vermont (ADD Lines 7 through 9) . . . . . . . . 10. . ____________________________.00 31 32 32 33 11. 123456789012345 Vermont Net Operating Loss deduction applied (Attach schedule) . . . . . . . . . . . . . . . . . . . . . . . . . . .11. ____________________________.00 33 34 34 35 12. 123456789012345 Vermont Net taxable income for this entity (Line 10 MINUS Line 11) . . . . . . . . . . . . . . . . . . . . . . 12. . ____________________________.00 35 36 36 13. Vermont Tax . Calculate Vermont tax due on Line 12 amount using the 37 123456789012345Tax Computation Schedule below . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .13. ____________________________.00 37 38 38 39 14. 123456789012345 Credits (Schedule BA-404, Column C, Line 11) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .14. ____________________________.00 39 40 40 41 15. 123456789012345 Use Tax for taxable items on which no sales tax was charged, including online purchases . . . . . . . .15. ____________________________.00 41 42 42 43 16. 123456789012345 Tax Due for this entity (Line 13 MINUS Line 14, then ADD Line 15) . . . . . . . . . . . . . . . . . . . . . . 16. . ____________________________.00 43 44 44 45 17. 123456789012345Gross Receipts (For purpose of minimum tax calculation . See instructions) . . . . . . . . . . . . . . . . . . . 17. . ____________________________.00 45 46 46 47 47 48 TAX COMPUTATION SCHEDULE 48 49 (Effective for taxable periods beginning January 1, 2023) 49 File the return on the due date required under the 50 IF VERMONT NET INCOME (Line 12) IS TAX IS Internal Revenue Code, unless extended. 50 51 $10,000 or less . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .6 .00% 51 52 $10,001 to $25,000 . . . . . . . . . . . . $600 plus 7 .00% of excess over $10,000 52 53 $25,001 and over . . . . . . . . . . . .$1,650 plus 8 .50% of excess over $25,000 Pay by the due date required under the Internal 53 Revenue Code, even if the return is extended. 54 54 55 IF VERMONT GROSS RECEIPTS ARE MINIMUM TAX IS Corporations with liabilities over $500, see 55 56 $500,000 or less . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .$100 instructions for estimated payments on Vermont 56 $500,001 to 1,000,000 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .$500 57 $1,000,001 to $5,000,000 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $2,000 Form CO-414. 57 58 $5,000,001 to $300,000,000 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $6,000 58 59 $300,000,001 and over . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $100,000 59 60 60 61 61 Form CO-411 62 Page 2 of 3 62 63 5454 Rev. 03/24 63 0 0 0 0 640 0 0 0 0 1 1 1 1 1 1 1 1 1 1 2 2 2 2 2 2 2 2 2 2 3 3 3 3 3 3 3 3 3 3 4 4 4 4 4 4 4 4 4 4 5 5 5 5 5 5 5 5 5 5 6 6 6 6 6 6 6 6 6 6 7 7 7 7 7 7 7 7 7 8 8 8 8 8 8 8 64 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 65 65 66 66 |
Enlarge image | 1 1 0 0 0 0 20 0 0 0 0 1 1 1 1 1 1 1 1 1 1 2 2 2 2 2 2 2 2 2 2 3 3 3 3 3 3 3 3 3 3 4 4 4 4 4 4 4 4 4 4 5 5 5 5 5 5 5 5 5 5 6 6 6 6 6 6 6 6 6 6 7 7 7 7 7 7 7 7 7 8 8 8 8 8 8 8 2 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 3 3 4 Entity Name 4 5 5 12345678901234567890123456789012(36) 6 FEIN Fiscal Year Ending (YYYYMMDD) *234111300* 6 7 7 123456789 20231231 *234111300* 8 8 Page 19 9 Amount from Line 16 123456789012345. _____________________________ 9 10 10 11 18. Payments 11 12 123456789012345 18a. Estimated Payments (Form CO-411) . . . . . . . . . . . . . . . . . . . . . . 18a. .__________________________ .00 12 13 13 14 12345678901234518b. Payment with Extension (Form BA-403) . . . . . . . . . . . . . . . . . .18b. __________________________ .00 14 15 Nonresident estimated payments distributed to this entity by 15 18c. 16 123456789012345 a different company through a Schedule K-1VT . . . . . . . . . . . . . 18c. . __________________________ .00 16 17 17 18 12345678901234518d. Real Estate Withholding Payments (Form RW-171) . . . . . . . . . .18d. __________________________ .00 18 19 19 20 123456789012345 18e. Prior Year Overpayment Applied . . . . . . . . . . . . . . . . . . . . . . . . 18e. .__________________________ .00 20 21 21 22 18f. 123456789012345Total Payments(ADD Lines 18a through 18e) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .18f. ____________________________.00 22 23 If Line 16 is more than Line 18f, subtract Line 18f from Line 16 . 23 19. Balance Due. 24 123456789012345Make check payable toVermont Department of Taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 19. . ____________________________.00 24 25 25 FORM (Place at LAST page) 26 20. 123456789012345Payment submitted with this return . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20. . ____________________________.00 26 Form pages 27 27 28 21. 123456789012345Overpayment . If Line 18f is more than Line 16, subtract Line 16 from Line 18f . . . . . . . . . . . . . . . 21. . ____________________________.00 28 29 29 30 22. 123456789012345Overpayment to be applied to next tax year . . . . . . . . . . . . . . . . . . . . . . 22. .__________________________ .00 30 31 31 17 - 19 32 23. 123456789012345Overpayment to be refunded (Line 21 MINUS Line 22) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 23. . ____________________________.00 32 33 33 34 34 35 I hereby certify that I am an officer or authorized agent responsible for the taxpayer’s compliance with the requirements of Vermont Statutes Annotated, 35 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 36 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 36 37 for the preparation of this return unless a separate valid consent form is signed by the taxpayer and retained by the preparer. 37 38 38 39 Signature of Responsible Officer Date (MM/DD/YYYY) Daytime Telephone Number 39 40 40 41 41 12312023 802-123-1234 42 Printed Name Email Address 42 43 43 12345678901234567890123 1234567890123456789012345678901234567890123456 44 44 45 X Check if the Vermont Department of Taxes may discuss this return with the preparer shown. 45 46 46 47 Signature of Paid Preparer Date (MM/DD/YYYY) Preparer’s Telephone Number 47 48 48 49 49 12312023 802-123-1234 50 Preparer’s Printed Name Email Address (optional) 50 51 51 12345678901234567890123 1234567890123456789012345678901234567890123456 52 Firm’s Name (or yours if self-employed) EIN Preparer’s SSN or PTIN 52 53 53 1234567980123456789012345678901234567890 123456789 123456789 54 Firm’s Address (or yours if self-employed) (Street, City, State, ZIP Code) 54 55 12345678901234567890123456789012345678901234567890123456 X Check if self-employed 55 56 56 12345678901234567890123456789012345678901234567890123456 57 57 58 Send return Vermont Department of Taxes 58 59 and check to: 133 State Street 59 60 60 Montpelier, VT 05633-1401 61 For Department Use Only 61 Form CO-411 Ck. Amt. Init. 62 Page 3 of 3 62 63 5454 Rev. 03/24 63 0 0 0 0 640 0 0 0 0 1 1 1 1 1 1 1 1 1 1 2 2 2 2 2 2 2 2 2 2 3 3 3 3 3 3 3 3 3 3 4 4 4 4 4 4 4 4 4 4 5 5 5 5 5 5 5 5 5 5 6 6 6 6 6 6 6 6 6 6 7 7 7 7 7 7 7 7 7 8 8 8 8 8 8 8 64 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 65 65 66 66 |