![]() Enlarge image | FORM PTT-173 Instructions Property Transfer Tax Payment Voucher Page 1 General Information Please print in BLUE or BLACK ink only. Payment must be sent directly to the Vermont Department of Taxes with this form for processing and proper credit, unless you have paid through myVTax. Do not send a paper copy of the Form PTT-172, Property Transfer Tax Return, and evidence of transfer to the Department. Those documents must be sent to the municipal clerk. Property Transfer Tax is due at the time of closing. If this form and payment are not received or payments are not properly credited due to errors on this form, you will receive an assessment which may include penalty and interest. • One of the most common reason for transfer tax assessments is because the Social Security Number or Federal ID Number and closing date on this form do not exactly match the INSTR (Place at FIRST page) information provided on Form PTT-172. Instr. pages • If no tax is due, this form is not required. Line-by-Line Instructions 1 - 1 Personal Information In the spaces provided for Name, Address, Federal ID or Social Security Number, Daytime Telephone Number, and E-mail address, enter the exact information provided on Form PTT-172, Section B. Date of Closing In the space provided for Date of Closing, enter the exact closing date you provided on Form PTT-172, Section C. Line 1 Check “Yes” or “No” to indicate if a portion of the value was eligible for the special rate on the Form PTT-172. Line 2 Check “Yes” or “No” to indicate if exemption 99 was claimed on Form PTT-172. (You can determine this by checking if “99” is entered on PTT-172, Line E1.) Line 3 In the space provided for Amount of Payment, enter the exact amount of payment being sent with this form. INSTR (Place at LAST page) Instr. pages Form PTT-173 Instructions Page 1 of 1 1 - 1 Rev. 11/19 |