Vermont Department of Taxes 

            2023 Form FIT-161                                                                *231611100*

     Vermont Fiduciary Return of Income                                                      *231611100*
                                                                                                                                                                                                            Page 7
                        Name of Estate or Trust                                                        FEIN                                                             Date of Death (MMDDYYYY)
                                                                                                                                                                                 /        /
                             Name of Fiduciary                                                   Title of Fiduciary                                                     Tax year BEGIN date (MMDDYYYY)
                                                                                                                                                                                 /        /
     Mailing Address of Fiduciary (Number and Street/Road or PO Box)             State of Domicile at Death                                                             Tax yearEND date (MMDDYYYY)
                                                                                 and/or Creation of Trust                                                                        /        /
            Additional Line for Mailing Address of Fiduciary, if needed          Check ONE
                                                                                         Estate          Revocable                                               Bankruptcy      Grantor     Irrevocable 
                                                                                                         Trust                                                   Estate          Trust       Trust
             City                               State                   ZIP Code
                                                                                         Check here if this                                                      Check here if this      Check here if this 
                             Foreign Country                                             is an EXTENDED                                                          is an AMENDED           is your FINAL 
                                                                                         return                                                                  return                  return

 A.  Were any distributions reported on federal Form 1041, Line 18, made to nonresident beneficiaries?   . . . . . . . . . . . . . . . . .  .A.                                          Yes           No
 B.  Did the estate or trust have non-Vermont municipal bond income? If “Yes,” see instructions for both  
     Line 2a and Schedule FIT-166, Part I  . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .  .B.    Yes           No   FORM  (Place at FIRST page)
                                                                                                                                                                                                            Form pages 
 C.  Are any present or future trust beneficiaries skip persons?   . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .  .C.              Yes           No

 D.  Is this return for a Qualified Settlement Fund (federal Form 1120-SF)?  . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .  .D.                        Yes           No

 1.  Federal taxable income from Form 1041, Line 23, or modified gross income of                                                                                                                            7 - 8
     Qualified Settlement Fund (from federal Form 1120-SF)   . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .  .                    1. __________________________.00

 2a. Income from Non-Vermont state and local obligations (from Schedule FIT-166, Part I, Line 3)  . . . . . . . .  . 2a. __________________________.00

 2b. Bonus Depreciation allowed under federal law for 2023  . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .  .                     2b. __________________________.00

 2c. State and local income taxes included on federal Form 1041, Line 11 . (See instructions)   . . . . . . . . . . . . .  . 2c. __________________________.00

 3.  Federal Taxable Income with Additions (Add Lines 1, 2a, 2b, and 2c .)   . . . . . . . . . . . . . . . . . . . . . . . . . . . .  .                          3. __________________________.00

 4a. Interest income from U .S . Obligations  . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .  .4a. __________________________.00

 4b. Capital Gains Exclusion (from Schedule FIT-162, Line 21 .  If less than zero, enter -0- .)  . . . . . . . . . . . . . .  .                                  4b. __________________________.00

 4c. Adjustment for prior years’ Bonus Depreciation  . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .  . 4c. __________________________.00

 4d. Add Lines 4a, 4b, and 4c  . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .  .4d. __________________________.00

 5.  Vermont taxable income (Line 3 minus Line 4d)  . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .  .               5. __________________________.00

 6.  Vermont Tax from the tax rate schedule on page 2 of this form   . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .  .                      6. __________________________.00

 7.  Additions to Vermont Tax (from Schedule FIT-166, Part II, Line 1c)  . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .  .                          7. __________________________.00

 8.  Subtractions from Vermont Tax (from Schedule FIT-166, Part II, Line 2e)  . . . . . . . . . . . . . . . . . . . . . . . . .  .                               8. __________________________.00

 9.  Vermont Tax with Additions and Subtractions (Add Lines 6 and 7, then subtract Line 8)  . . . . . . . . . . . . . .  .                                       9. __________________________.00

 10. Income Adjustment (from Schedule FIT-166, Part III, Line 10, or 100%)   . . . . . . . . . . . . . . . . . . . . . . . .  .  .  .  .  . 10.  .  . _________.                         ._________%
                                                                                                                                                                            Form  FIT-161
                                                                                                                                                                            Page 1 of 2
            5454                                                                                                                                                                 Rev. 10/23

                                      Name of Estate or Trust

                                                     FEIN                                             *231611200*
                                                                                                      *231611200*
                                                                                                                                                                                       Page 8

 11.   Adjusted tax (Multiply Line 9 by Line 10)  . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .  .11.  ______________________ .00

 12.   Other states credit (from Schedule FIT-167, Line 21)  . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .  .12.  ______________________ .00

 13.   Total Vermont taxes (Line 11 minus Line 12)  . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .  .13.  ______________________ .00
 14.  Payment
      14a. Vermont Tax Withheld on 1099  . . . . . . . . . . . . . . . . . . . . . .  .14a.  ______________________ .00

      14b. Estimated Tax or Extension Payments  . . . . . . . . . . . . . . . . . 14b.  ______________________ .00

      14c.  Vermont Real Estate Withholding  . . . . . . . . . . . . . . . . . . . .  .14c.  ______________________ .00 
           Attach copy of Form  RW-171 or Schedule K-1VT
      14d.  Nonresident Payments from Form WH-435  . . . . . . . . . . . . .      14d.  ______________________ .00

      14e. 2022 Overpayment Applied  . . . . . . . . . . . . . . . . . . . . . . . . .  .14e.  ______________________ .00
                                                                                                                                                                                       FORM  (Place at LAST page)
  14f. Total Payments (Add Lines 14a, 14b, 14c, 14d, and 14e)   . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .  . 14f.  ______________________ .00          Form pages 

 15.   Overpayment: If Line 13 is less than Line 14f, subtract Line 13 from Line 14f   . . . . . . . . . . . . . . . . . . . . .  .15.  ______________________ .00

 16.  Amount of overpayment to be credited to 2024 taxes   . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .  .16.  ______________________ .00
                                                                                                                                                                                       7 - 8
 17.   Amount of overpayment to be REFUNDED (Line 15 minus Line 16)  . . . . . . . . . . . . . . . . . . . . . . . . . . . .  .17.  ______________________ .00

 18.  BALANCE DUE: If Line 14f is less than Line 13, subtract Line 14f from Line 13  . . . . . . . . . . . . . . . . . .  .18.   _________________________.00

                           Vermont 2023 Tax Schedule                                     If filing for a Qualified Settlement Fund, tax is 8.95% of 
        IfButTheoftaxableTaxablenotVermonttheincome.                                                                                                                                                               overamount 
        incomeTaxover                                                                                                                                                                                            isisover 
              $0           $3,050                    3.35%    $0                         File this return no later than the 15th day of the fourth month 
          $3,050           $7,150     $102.00 + 6.60%        $3,050                      following the close of the operating or income year.  Attach 
                                                                                         a legible copy of the federal Form 1041, U.S. Income Tax 
          $7,150           $10,950    $373.00 + 7.60%        $7,150
                                                                                         Return for Estates and Trusts, or federal Form 1120-SF for 
        $10,950                   --- $662.00 + 8.75%        $10,950                     the same taxable period. 

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 
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 
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                                              Daytime Telephone Number

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                                                                                         self-employed

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              Check if the Department of Taxes may discuss 
              this return with the preparer shown.                                                For Department Use Only                               Form  FIT-161
                                                                                           Ck. Amt.        Init.                                        Page 2 of 2
              5454                Keep a copy for your records.                                                                                             Rev. 10/23

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