Enlarge image | Vermont Department of Taxes 2024 Form HS-122 *241221100* Vermont Homestead Declaration AND *241221100* Property Tax Credit Claim Page 29 DUE DATE: April 15, 2024 . You may file up to Oct . 15, 2024, but the town may assess a penalty . For details on late filing, see instructions . How to file a Homestead Declaration: Please complete Section A of this form, sign in the signature section at the bottom of page 2, and send the form to the Vermont Department of Taxes . FORM (Place at FIRST page) How to file a Property Tax Credit Claim: To be considered for a Property Tax Credit, you must file a 1) Homestead Declaration (Section A of Form pages this form), 2) Property Tax Credit Claim (Section B of this form), and 3) Schedule HI-144, Household Income . Sign this form in the signature section at the bottom of page 2 and send the forms to the Department . Tired of paper forms? It’s fast and convenient to file your claim online at myVTax.vermont.gov. Annual Vermont Homestead Declaration 29 - 30 This form must be filed each year by every Vermont resident whose property meets the definition of a homestead . A Vermont homestead is the principal dwelling and parcel of land surrounding the dwelling, owned and occupied by a resident SECTION A. individual as the individual’s domicile on April 1, 2024 . If your homestead is leased to a tenant on April 1, 2024, you may still claim it as a homestead if it is not leased for more than 182 days in the 2024 calendar year . Please PRINT in BLUE or BLACK INK Claimant’s Last Name First Name MI Claimant’s Social Security Number Spouse’s/CU Partner’s Last Name First Name MI Spouse’s or CU Partner’s Social Security Number Mailing Address (Number and Street/Road or PO Box) Claimant’s Date of Birth (MM/DD/YYYY) / / City State ZIP Code Location of Homestead (Use a number, street/road name. Do not use a PO Box or “same.”) City/Town of Legal Residence on April 1, 2024 and State Federal Filing Status Single Married/CU Married/CU Head of Filing Jointly Filing Separately Household A1. SPAN - REQUIRED (from the 2023/2024 property tax bill) . . . . . . . . . . . . . . . . . . . . . . . .A1. ______________________________________- - A2. Business Use of Dwelling . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . A2. __________ .______ % A3. Rental Use of Dwelling . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . A3. __________ .______ % A4. Business or Rental Use of Improvements or Other Buildings Not including the dwelling, are improvements or other buildings located on your parcel used for business or rented? . . . .A4. Yes No A5-A8 Special Situations (See instructions for more information) . Check the following if it applies: A5. Grantor and sole beneficiary of a A7. Homestead property crosses town boundaries revocable trust owning the property (File a declaration for each town.) A6. Life estate holder of the property A8. Residing in a dwelling on the homestead parcel owned by a related farmer. Please continue to Page 2, Part B, for property tax credit . Sign on Page 2 . Mail to: Vermont Department of Taxes PO Box 1881 Montpelier, VT 05601-1881 2024 Form HS-122 Page 1 of 2 5454 Rev. 10/23 |
Enlarge image | Claimant’s Last Name Social Security Number *241221200* DUE DATE: April 15, 2024. Generally, claims cannot be accepted after Oct. 15, 2024. *241221200* Page 30 PROPERTY TAX CREDIT CLAIM SECTION B. For Household Income up to $128,000. Complete and attach Schedule HI-144. To qualify, you must meet the requirements for filing a homestead declaration in addition to the following requirements. ALL eligibility questions must be answered. B1. Were you domiciled in Vermont all of calendar year 2023? . . . . . . . Yes, Go to Line B2. No, STOP. FORM (Place at LAST page) B2. Were you claimed as a dependent in 2023 by another taxpayer? . . . . Yes, STOP. No, Go to Line B3. Form pages B3. Do you anticipate selling this Vermont housesite on or before April 1, 2024? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Yes, STOP. No, Continue Amounts for Lines B4 through B6 are found on the 2023/2024 property tax bill. Round amounts to the nearest dollar. B4. Housesite Value . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .B4. __________________________.00 29 - 30 B5. Housesite Education Tax . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .B5. __________________________.00 B6. Housesite Municipal Tax . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .B6. __________________________.00 B7. Ownership Interest . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .B7. __________ .______ % B8. Household Income (Schedule HI-144, Line z) . Check here if amended Schedule You MUST attach Schedule HI-144 . . . . . . . . . . . . . . . . . . . . . . . . . . . . B8. _____________________ .00 HI-144, Household Income, is included. Complete the following ONLY if applicable from Form LRC-147, Part B . B9. For Profit Mobile Home Lot Rent (Allocable Rent from Form LRC-147) . . . . . . . . . . . . . . . . . . . . . . . . . .B9. __________________________.00 Not-For-Profit Mobile Home Park, Cooperative, and Land Trust B10. Allocated Education Tax . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .B10. __________________________.00 B11. Allocated Municipal Tax . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .B11. __________________________.00 OR Property Tax from contiguous property if housesite has less than 2 acres (See instructions.) B12. Contiguous property Education Tax . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .B12. __________________________.00 B13. Contiguous property Municipal Tax . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .B13. __________________________.00 MAXIMUM CREDIT AMOUNT IS $8,000. Under penalties of perjury, I declare that I have examined this return and accompanying schedules and statements, and to the best of my knowledge and belief, they are true, correct, and complete. Preparers cannot use return information for purposes other than preparing returns. Signature Date (MMDDYYYY) Daytime Telephone Number Signature (If a joint return, BOTH must sign.) Date (MMDDYYYY) Daytime Telephone Number Paid Preparer’s Signature Date (MMDDYYYY) Preparer’s Telephone Number Firm’s Name (or yours if self-employed) and address Preparer’s SSN or PTIN FEIN 2024 Form HS-122 Check if the Department of Taxes may discuss this return with the preparer shown. Page 2 of 2 5454 Rev. 10/23 Clear ALL fields Save and go to Important Printing Instructions Save and Print |
Enlarge image | Vermont Department of Taxes 2023 Schedule HI-144 *231441100* Household Income Please PRINT in BLUE or BLACK INK *231441100* For the year Jan. 1 - Dec. 31, 2023 Page 31 This schedule must be included with the 2024 Property Tax Credit Claim (Form HS-122) . Please read instructions before completing schedule . Claimant’s Last Name First Name MI Claimant’s Social Security Number Spouse’s/CU Partner’s Last Name First Name MI Claimant’s Date of Birth (MMDDYYYY) List the names and Social Security Numbers of all other people (in addition to a Spouse or CU Partner) who had income and lived with you during 2023 . Include both their taxable and non-taxable income in Column 3 . If you have more than two “Other People” living in your household, record the names and Social Security Numbers on a separate sheet of paper and include with the filing . Check this box if you temporarily hosted a refugee, asylee, or asylum seeker in your home during 2023 . Do not include their income on this form . Other Person #1 Last Name First Name MI Other Person #1 Social Security Number Other Person #2 Last Name First Name MI Other Person #2 Social Security Number FORM (Place at FIRST page) Form pages Yearly totals of ALL 1. Claimant /Claimant 2. Filing separately Other People members of the household and jointly filed Spouse Spouse or CU Partner 3. a. Cash public assistance and relief (See instructions for exclusions) . . . a. ____________.00 ____________.00 ___________ .00 b. Social Security, SSI, disability, railroad retirement, veteran’s benefits, taxable and nontaxable . . . . . . . . . . . . . . . b.. . . . . . . ____________.00 ____________.00 ___________ .00 31 - 32 c. Unemployment compensation/worker’s compensation . . . . . . . . . . . . . c. ____________.00 ____________.00 ___________ .00 d. Wages, salaries, tips, etc . (See instructions for dependent’s exempt income .) . . . . . . . . . . . . . . . . . . . . . d.. . . . . . . . . . .00. ____________ ____________.00 ___________ .00 e. Interest and dividends . . . . . . . . . . . . . . . . . . . . . . . . . . e.. . . . . . . . . .00. . . ____________ ____________.00 ___________ .00 f. Interest on U .S ., state, and municipal obligations, taxable and nontaxable . . . . . . . . . . . . . . . . . . . . . . . . . f.. . . . . . . . . .00. . . . ____________ ____________.00 ___________ .00 g. Alimony and support money . . . . . . . . . . . . . . . . . . . . . . g.. . . . . . . . . .00. . ____________ ____________.00 ___________ .00 h. Child support and cash gifts Please specify__________________________ . . . . . . . . . . . . . . . . . . h. ____________.00 ____________.00 ___________ .00 i. Business income . If the amount is a loss, enter -0- . See instructions for offsetting a loss . . . . . . . . . . . . . . . . . . i.. . . . . . . . . .00. ____________ ____________.00 ___________ .00 j. Capital gains, taxable and nontaxable . If the amount is a loss, enter -0- . See instructions for offsetting a loss . . . . . . . . . . . . . . . . . . j.. ____________.00 ____________.00 ___________ .00 k. Taxable pensions, annuities, IRA and other retirement fund and distributions . See instructions . . . . . . . . . . . . . . . . . . . . . k.. . . . . . . . . .00. . ____________ ____________.00 ___________ .00 l. Rental and royalty income . If the amount is a loss, enter -0- . See instructions for offsetting a loss . . . . . . . . . . . . . . . . . . . l.. . . . . . . . . .00____________ ____________.00 ___________ .00 m. Farm/partnerships/S corporations/LLC/Estate or Trust income . If the amount is a loss, enter -0- . See Line m instructions for only exception to offset a loss . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .m. ____________.00 ____________.00 ___________ .00 n. Other income (See instructions for examples of other income) Please specify__________________________ . . . . . . . . . . . . . . . . . . n. ____________.00 ____________.00 ___________ .00 o. Total Income: ADD Lines a through n . . . . . . . . . . . . . . . . . . . . . . o. _____________.00 _____________ .00 _____________.00 2023 Schedule HI-144 Page 1 of 2 5454 Rev. 10/23 |
Enlarge image | Claimant’s Last Name Social Security Number *231441200* *231441200* Page 32 Carried forward from Line o . . . . . . _____________ .00 _____________ .00 _____________ .00 p. See instructions . Enter Social Security and 1. Claimant /Claimant 2. Filing separately Other People Medicare tax withheld on wages claimed on and jointly filed Spouse Spouse or CU Partner 3. Line d . Self-Employed: Enter self-employment tax from federal Schedule SE . This entry may differ from W-2/1099 or federal Schedule SE amount if these taxes are paid on income not required to be reported on Schedule HI-144 . Include W-2 and/or federal Schedule SE if not included with income tax filing . . . . . p.____________ .00 ____________ .00 ____________.00 q. Child support paid . You must include proof of payment . See instructions . . . . . . . q._____________ .00 _____________ .00 _____________ .00 Support paid to: Last Name First Name MI Social Security Number FORM (Place at LAST page) r. Allowable adjustments from federal Form 1040 Form pages r1. Business expenses for Reservists . . . . r1. ___________ .00 ____________ .00 ____________.00 r2. Alimony paid . . . . . . . . . . . . . . . . . . . r2. ___________ .00 ____________ .00 ____________.00 r3. Self-employed health insurance deduction . . . . . . . . . . . . . . . r3. ___________ .00 ____________ .00 ____________.00 31 - 32 r4. Health Savings Account deduction . . . r4. ___________ .00 ____________ .00 ____________.00 s. ADD Lines p, q, and total of Lines r1 through r4 for each column . . . . s.. ___________ .00 ____________ .00 ____________.00 t. SUBTRACT Line s from Line o of each column. If a negative amount, enter -0- . . . t.. ___________.00 ____________ .00 ____________.00 u. ADD all three amounts from Line t. If a negative amount, enter -0- . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . u.. ___________ .00 v. Complete if born Jan . 1, 1959 and after . Enter interest and dividend income from Lines e and f . . . . . . . . . . . . . . . . . . . . . . . . . v.. ___________.00 ____________ .00 ____________.00 w. ADD all three amounts from Line v . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . w. ___________ .00 x. Asset Adjustment of Interest and Dividend Income (Lines e and f) . Per 32 V .S .A . § 6061E . . . . . . . . . . . . . . . . . . . . . . . . . x. _______________10,000.00 y. SUBTRACT Line x from Line w. If Line x is more than Line w, enter -0- . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . y.. ___________ .00 z. HOUSEHOLD INCOME. ADD Line u and Line y . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . z.___________.00 HOMEOWNERS Form HS-122, Homestead Declaration AND Property Tax Credit Claim, must be filed each year . Homeowners with Household Income up to $128,000 on Line z should complete Form HS-122, Section B . You may be eligible for a property tax credit . Schedule HI-144 must be filed with Form HS-122 . The due date to file Form HS-122 is April 15, 2024 . Homeowners filing a property tax credit, Form HS-122, Section B, and Schedule HI-144, between April 16 and Oct . 15, 2024, may still qualify for a Property Tax Credit . A $15 late filing fee will be deducted from the credit . Generally, claims cannot be accepted after Oct . 15, 2024 . 2023 Schedule HI-144 Page 2 of 2 5454 Rev. 10/23 |