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                                2023 Form FIT-161                                                                                                                         *231611100*                                                                                          6
          7                                                                                                                                                                                                                                                                               7
                          Vermont Fiduciary Return of Income                                                                                                                         *231611100*
          8                                                                                                                                                                                                                                                                               8  Page 7
          9                                                                                                                                                                                                                                                                               9
          10                                                          Name of Estate or Trust                                                                                                 FEIN                                         Date of Death (MMDDYYYY)                       10
          11       123456789012345678901234567890123456     123456789         MM /       DD /                                                                                                                                                                         YYYY                11
          12                                                             Name of Fiduciary                                                                                              Title of Fiduciary                           Tax year BEGIN date (MMDDYYYY)                       12
          13       123456789012345678901234567890123456     123456789012345   MM /       DD /                                                                                                                                                                         YYYY                13
          14                         Mailing Address of Fiduciary (Number and Street/Road or PO Box)                                                                  State of Domicile at Death                                        Tax yearEND date           (MMDDYYYY)             14
          15       123456789012345678901234567890123456               and/or Creation of Trust                                                                                                                  12     MM /       DD /                                YYYY                15
          16                                  Additional Line for Mailing Address of Fiduciary, if needed                                                             Check ONE                                                                                                           16
          17                                                                                                                                                                   Estate            Revocable               Bankruptcy                 Grantor           Irrevocable         17
                   123456789012345678901234567890123456     X    X     Trust                                                                                                                                       X     Estate               X    Trust           X  Trust
          18                                           City                                                  State                      ZIP Code                                                                                                                                          18
          19                                                                                                                                                                                                                                                                              19
                   12345678901234567890123  12  1234567890                                                                                                                     Check here if this                        Check here if this                        Check here if this 
          20                                                                Foreign Country                                                                              X          is an EXTENDED                 X         is an AMENDED                        Xis your FINAL          20
          21                                                                                                                                                                   return                                    return                                    return                 21
                   12345678901234567890123456789012
          22                                                                                                                                                                                                                                                                              22
          23                                                                        A. Were any distributions reported on federal Form 1041, Line 18, made to nonresident beneficiaries?   . . . . . . . . . . . . . . . . . A..                                  X    Yes X          No  23
          24                                                                                                                                                                                                                                                                              24
                  
          25        B.      Did the estate or trust have non-Vermont municipal bond income? If “Yes,” see instructions for both                                                                                                                                                           25
                                                                                   Line 2a and Schedule FIT-166, Part I  . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . B..X    Yes X          No     FORM  (Place atFIRST page)
          26                                                                                                                                                                                                                                                                              26 Form pages 
          27                                                                        C. Are any present or future trust beneficiaries skip persons?   . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . C..      X    Yes X          No  27
          28                                                                                                                                                                                                                                                                              28
          29                                                                        D. Is this return for a Qualified Settlement Fund (federal Form 1120-SF)?  . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . D..                X    Yes X          No  29
          30                                                                                                                                                                                                                                                                              30
          31                                                                                                                                                                                                                                                                              31
                  
          32        1.      Federal taxable income from Form 1041, Line 23, or modified gross income of                                                                                                                                                                                   32 7 - 8
                                                                           12345678901234Qualified Settlement Fund (from federal Form 1120-SF)   . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1..__________________________.00
          33                                                                                                                                                                                                                                                                              33
          34                                                                123456789012342a. Income from Non-Vermont state and local obligations (from Schedule FIT-166, Part I, Line 3)  . . . . . . . . 2a..                __________________________.00                              34
          35                                                                                                                                                                                                                                                                              35
          36                                                                123456789012342b. Bonus Depreciation allowed under federal law for 2023  . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2b..__________________________                     .00 36
          37                                                                                                                                                                                                                                                                              37
          38                                                                123456789012342c. State and local income taxes included on federal Form 1041, Line 11 . (See instructions)   . . . . . . . . . . . . . 2c..        __________________________.00                              38
          39                                                                                                                                                                                                                                                                              39
          40                                                                123456789012343. Federal Taxable Income with Additions (Add Lines 1, 2a, 2b, and 2c .)   . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3..__________________________.00                             40
          41                                                                                                                                                                                                                                                                              41
          42                                                                123456789012344a. Interest income from U .S . Obligations  . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .  .4a. __________________________.00      42
          43                                                                                                                                                                                                                                                                              43
          44                                                                123456789012344b. Capital Gains Exclusion (from Schedule FIT-162, Line 21 .  If less than zero, enter -0- .)  . . . . . . . . . . . . .4b..  .     __________________________                             .00 44
          45                                                                                                                                                                                                                                                                              45
          46                                                                123456789012344c. Adjustment for prior years’ Bonus Depreciation  . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .  .4c. __________________________.00               46
          47                                                                                                                                                                                                                                                                              47
          48                                                                123456789012344d. Add Lines 4a, 4b, and 4c  . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4d..__________________________.00 48
          49                                                                                                                                                                                                                                                                              49
          50                                                                123456789012345. Vermont taxable income (Line 3 minus Line 4d)  . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5..__________________________.00                  50
          51                                                                                                                                                                                                                                                                              51
          52                                                                123456789012346. Vermont Tax from the tax rate schedule on page 2 of this form   . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6..__________________________.00                         52
          53                                                                                                                                                                                                                                                                              53
          54                                                                123456789012347. Additions to Vermont Tax (from Schedule FIT-166, Part II, Line 1c)  . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7..__________________________.00                             54
          55                                                                                                                                                                                                                                                                              55
          56                                                                123456789012348. Subtractions from Vermont Tax (from Schedule FIT-166, Part II, Line 2e)  . . . . . . . . . . . . . . . . . . . . . . . . . 8..    __________________________.00                              56
          57                                                                                                                                                                                                                                                                              57
          58                                                                123456789012349. Vermont Tax with Additions and Subtractions (Add Lines 6 and 7, then subtract Line 8)  . . . . . . . . . . . . . . 9..            __________________________.00                              58
          59                                                                                                                                                                                                                                                                              59
          60                                                                      10. Income Adjustment (from Schedule FIT-166, Part III, Line 10, or 100%)   . . . . . . . . . . . . . . . . . . . . . . . .  .  .  .  .  . 10.  .  . _________.   123._________1234                 %   60
          61                                                                                                                                                                                                                               Form  FIT-161                                  61
          62                                                                                                                                                                                                                                     Page 1 of 2                              62
          63                               5454                                                                                                                                                                                                     Rev. 10/23                            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
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          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                                                                           Name of Estate or Trust                                                                                                                                                                4
          5                                                                                                                                                                                                                                                                  5
                        123456789012345678901234567890123456
          6                                                                                       FEIN                                                                             *231611200*                                                                               6
          7                                                                                                                                                                                                                                                                  7
                          123456789                                                                                                                                                *231611200*
          8                                                                                                                                                                                                                                                                  8  Page 8
          9                                                                                                                                                                                                                                                                  9
          10                                                                1234567890123411. Adjusted tax (Multiply Line 9 by Line 10)  . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11. .______________________ .00 10
          11                                                                                                                                                                                                                                                                 11
          12      12.                                                          12345678901234Other states credit (from Schedule FIT-167, Line 21)  . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12. .______________________         .00 12
          13                                                                                                                                                                                                                                                                 13
          14      13.                                                          12345678901234Total Vermont taxes (Line 11 minus Line 12)  . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13. .______________________      .00 14
          15                                                                                                                                                                                                                                                                 15
                  14.  Payment
          16                                             12345678901234  14a. Vermont Tax Withheld on 1099  . . . . . . . . . . . . . . . . . . . . . . 14a. .______________________ .00                                                                                     16
          17                                                                                                                                                                                                                                                                 17
          18                                             12345678901234  14b. Estimated Tax or Extension Payments  . . . . . . . . . . . . . . . . .14b.  ______________________ .00                                                                                         18
          19                                                                                                                                                                                                                                                                 19
          20                                             12345678901234  14c.  Vermont Real Estate Withholding  . . . . . . . . . . . . . . . . . . . .  .14c.  ______________________.00                                                                                    20
          21                       Attach copy of Form  RW-171 or Schedule K-1VT                                                                                                                                                                                             21
          22                                             12345678901234  14d.  Nonresident Payments from Form WH-435  . . . . . . . . . . . . . 14d.  ______________________ .00                                                                                             22
          23                                                                                                                                                                                                                                                                 23
          24                                             12345678901234  14e. 2022 Overpayment Applied  . . . . . . . . . . . . . . . . . . . . . . . . . 14e. .______________________.00                                                                                    24
          25                                                                                                                                                                                                                                                                 25 FORM  (Place at LAST page)
          26       14f.                                                          12345678901234Total Payments (Add Lines 14a, 14b, 14c, 14d, and 14e)   . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14f. . ______________________          .00 26 Form pages 
          27                                                                                                                                                                                                                                                                 27
          28      15.                                                          12345678901234Overpayment: If Line 13 is less than Line 14f, subtract Line 13 from Line 14f   . . . . . . . . . . . . . . . . . . . . . 15. . ______________________                      .00 28
          29                                                                                                                                                                                                                                                                 29
          30      16.                                                          12345678901234  Amount of overpayment to be credited to 2024 taxes   . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .  .16.  ______________________      .00 30
          31                                                                                                                                                                                                                                                                 31
                                                                                                                                                                                                                                                                                7 - 8
          32      17.                                                          12345678901234Amount of overpayment to be REFUNDED (Line 15 minus Line 16)  . . . . . . . . . . . . . . . . . . . . . . . . . . . . 17. .     ______________________                      .00 32
          33                                                                                                                                                                                                                                                                 33
          34                                                                1234567890123418.  BALANCE DUE: If Line 14f is less than Line 13, subtract Line 14f from Line 13  . . . . . . . . . . . . . . . . . . 18..         _________________________.00                  34
          35                                                                                                                                                                                                                                                                 35
          36                                               Vermont 2023 Tax Schedule                                                                       If filing for a Qualified Settlement Fund, tax is 8.95% of                                                        36
          37                 If Taxable                    But not over                     The Vermont                   of the amount                    taxable income.                                                                                                   37
          38                 income is over                                                       Tax is                           over                                                                                                                                      38
          39                          $0                      $3,050                                       3.35%                               $0          File this return no later than the 15th day of the fourth month                                                   39
          40                    $3,050                        $7,150                  $102.00 + 6.60%                                 $3,050               following the close of the operating or income year.  Attach                                                      40
          41                                                                                                                                               a legible copy of the federal Form 1041, U.S. Income Tax                                                          41
                                $7,150                        $10,950                 $373.00 + 7.60%                                 $7,150
          42                                                                                                                                               Return for Estates and Trusts, or federal Form 1120-SF for                                                        42
          43                 $10,950                                   ---            $662.00 + 8.75%                              $10,950                 the same taxable period.                                                                                          43
          44                                                                                                                                                                                                                                                                 44
          45     I declare under the penalties of perjury, this return is true, correct, and complete to the best of my knowledge .  If prepared by a person other than the                                                                                                  45
          46     taxpayer, this declaration further provides under 32 V .S .A . §§ 5901-5903 that this information has not been and will not be used for any other purpose                                                                                                   46
                 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 
          47     retained by the preparer .                                                                                                                                                                                                                                  47
          48                                                                                                                                                                                                                                                                 48
                    Signature of Responsible Officer                                                                                                                               Date                                                  Daytime Telephone Number
          49                                                                                                                                                                                                                                                                 49
          50                                                                                                                                                                                                                                                                 50
                                                                MMDDYYYY      123-123-1234
          51        Printed Name                                                                                                         Email Address (optional)                                                                                                            51
          52                                                                                                                                                                                                                                                                 52
                   1234567890123456789012345678901  123456789012345678901234567890123456789
          53        Paid Preparer’s Signature                                                                                                                                      Date                                                  Preparer’s Telephone Number         53
          54                                                                                                                                            Check if                                                                                                             54
                                                      X self-employed
          55                                                                                                                                                                                                                                                                 55
                                                                MMDDYYYY      123-123-1234
          56        Preparer’s Printed Name                                                                                              Preparer’s Email Address (optional)                                                                                                 56
          57                                                                                                                                                                                                                                                                 57
                   1234567890123456789012345678901  123456789012345678901234567890123456789
          58        Firm’s Name (or yours if self-employed) and address                                                                                                            Preparer’s SSN or PTIN                                FEIN                                58
          59                                                                                                                                                                                                                                                                 59
                   123456789012345678901234567890123456789012   123456789      123456789
          60                                                                                                                                                                                                                                                                 60
                                      Check if the Department of Taxes may discuss 
          61           X this return with the preparer shown.                                                                                                             For Department Use Only                                        Form  FIT-161                       61
          62                                                                                                                                                    Ck. Amt.                                   Init.                               Page 2 of 2                   62
          63                             5454                       Keep a copy for your records.                                                                                                                                                 Rev. 10/23                 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
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