Vermont Income Tax Return Booklet
Extracted from PDF file 2024-vermont-form-in-111-booklet.pdf, last modified September 2024Income Tax Return Booklet
Clear ALL fields DEPT USE ONLY Vermont Department of Taxes 2024 Form IN-111 *241111100* FILE YOUR RETURN ELECTRONICALLY FOR A FASTER REFUND. GO TO TAX.VERMONT.GOV FOR MORE INFORMATION. * 2 4 1 1 1 1 1 0 0 * Vermont Income Tax Return Please PRINT in BLUE or BLACK INK Taxpayer’s Last Name First Name MI Social Security Number Spouse’s/CU Partner’s Last Name First Name MI Social Security Number Mailing Address (Number and Street/Road or PO Box) City Vermont School District Code Filing Status and Standard Deduction State 911/Physical Street Address on 12/31/2024 ZIP Code or Foreign Postal Code Vermont Residency Status as of 12/31/2024 (check one) Single ($7,400) Married/CU Filing Jointly ($14,850) Enter Healthcare Coverage Code (See instructions for code options) Check all that apply AMENDED Return Check if Deceased Check if Deceased Foreign Country PART-YEAR RESIDENT RESIDENT Married/CU Filing Separately ($7,400) CANNABIS With Recomputed Federal Return NONRESIDENT Qualifying Widow(er) ($14,850) Head of Household ($11,100) RECOMPUTED Return EXTENDED Return FARMER / FISHERMAN 1. Federal Adjusted Gross Income (federal Form 1040, Line 11) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1. ___________________________ .00 2. Net Modifications to Federal AGI (Schedule IN-112, Part I, Line 18) . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2. ___________________________ .00 3. Federal AGI with Modifications (ADD Lines 1 and 2). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3. ___________________________ .00 4. 2024 Vermont Standard Deduction from filing status section above. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4. ___________________________ .00 Please see instructions if you or your spouse checked any standard deduction boxes on federal Form 1040, page 1. 5. Personal Exemptions: 5a. Enter "1" for yourself if no one can claim you as a dependent 5a. ________ 5b. Enter "1" for your jointly filed spouse or CU partner if no one can claim them as a dependent + 5b. ________ 5c. Enter number of OTHER dependents claimed on federal Form 1040 + 5c. ________ 5d. Total Exemptions (ADD Lines 5a through 5c) = 5d.___________ 5e. MULTIPLY Line 5d by $5,100 (2024 Personal Exemption). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5e. ___________________________ .00 6. ADD Lines 4 and 5e . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6. ___________________________ .00 7. Vermont Taxable Income (SUBTRACT Line 6 from Line 3. If less than zero, enter -0-). . . . . . . . . . . 7. ___________________________ .00 8. Vermont Income Tax from tax table or tax rate schedule . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8. ___________________________ .00 (If Line 1 is greater than $150,000, see instructions) 9. Net Adjustment to Vermont Tax (Schedule IN-119, Part I, Line 15). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9. ___________________________ .00 10. Vermont Income Tax with Adjustment (ADD Lines 8 and 9. If less than zero, enter -0-) . . . . . . . . . . 10. ___________________________ .00 11. Tax-Deductible Charitable Contribution (See instructions) ___________ .00 12. Multiply Line 11 by 5% (0.05) ___________ .00 13. Charitable Contribution Deduction (Enter the lesser of Line 12 or $1,000) . . . . . . 13. ___________________________ .00 14. Vermont Income Tax (Line 10 MINUS Line 13. If less than zero, enter -0-) . . . . . . . . . . . . . . . . . . . 14. ___________________________ .00 15. Income Adjustment (Schedule IN-113, Line 35, or 100.0000%). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .15. ________ . _________% 16. Adjusted Vermont Income Tax (MULTIPLY Line 14 by Line 15). . . . . . . . . . . . . . . . . . . . . . . . . . . . 16. ______________________________.00 5454 Amount Due (from Line 32) .00 Form IN-111 Page 1 of 2 Rev. 10/24 Taxpayer’s Last Name Amount from Line 16 Social Security Number * 2 4 1 1 1 1 2 0 0 * Other State Credit (Schedule IN-117, Line 21) 17. _____________________ 20. *241111200* .00 .00 Vermont Tax Credits (Schedule IN-119, Part II) + 18._____________________ .00 Total Vermont Credits (Add Lines 17 and 18) 19. ___________________________ .00 = Vermont Income Tax after credits (SUBTRACT Line 19 from Line 16. If Line 19 is greater than Line 16, enter -0-). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20. ___________________________ .00 21. Child Care Contributions for Self-Employed individuals (see instructions for calculation) . . . . . . . . . 21. ___________________________ .00 22. 23. Use Tax for taxable items on which no sales tax was charged, including online purchases. (See instructions, worksheet, and chart). . . . Check to certify no Use Tax is due. OR 22. ___________________________ .00 Total Vermont Taxes (ADD Lines 20 through 22). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 23. ___________________________ .00 Vermont Children’s Trust Foundation Vermont Veterans Fund 24a. __________.00 + Green Up Vermont 24b. __________.00 + Total Contributions Nongame Wildlife Fund 24c. __________.00 + 24d. __________.00 = 24e.___________ .00 25. Total of Vermont Taxes and Voluntary Contributions (ADD Lines 23 and 24e). . . . . . . . . . . . . . . . . . 25. ___________________________ .00 26a. 2024 Vermont Tax Withheld from W-2, 1099. . . . . . . . . . . . . . . . . . . . 26a. ___________________ .00 26b. 2024 Estimated Tax payments, amount carried forward from 2023, and/or payment made with 2024 extension. . . . . . . . . . . . . . . . . . . . . . . 26b. ___________________ .00 26c. Refundable Credits (Schedule IN-112, Part II: Full-Year Residents-Line 8; Part-Year Residents-Line 12). . . . . . . . 26c. ___________________ .00 26d. 2024 Vermont Real Estate Withholding from Form RW-171 . . . . . . . . 26d. ___________________ .00 26e. 2024 Nonresident Estimated Tax payments (nonresident withholding) allocated on Schedule K-1VT, Line 5 . . . . . 26e. ___________________ .00 26f. Total Payments and Credits (ADD Lines 26a through 26e). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 26f. ___________________________ .00 27. Overpayment. If Line 25 is less than Line 26f, SUBTRACT Line 25 from Line 26f. . . . . . . . . . . . 27. ___________________________ .00 28a. Refund to be credited to 2025 Estimated Tax Payment. . . . . . . . . . . . . 28a. ___________________ .00 28b. Refund to be credited to 2025 Property Tax Bill . . . . . . . . . . . . . . . . . . 28b. ___________________ .00 29. REFUND AMOUNT (SUBTRACT Lines 28a and 28b from Line 27). . . . . . . . . . . . . . . . . . . . . . . 29. ___________________________ .00 30. If Line 25 is more than Line 26f, subtract Line 26f from Line 25. See instructions on tax due. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 30. ___________________________ .00 31. Interest and Penalty on Underpayment of Estimated Tax. . . 31. _________________.00 (Worksheet IN-152 or IN-152A) For Amended Returns Only: Original refund received .00 Refund due now 32. AMOUNT DUE (ADD Lines 30 and 31).32. ___________________________ .00 .00 Original payment .00 Amount due now .00 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) Date of Birth (MMDDYYYY) Daytime Telephone Number Signature (If a joint return, BOTH must sign.) Date (MMDDYYYY) Date of Birth (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 Check if the Department of Taxes may discuss this return with the preparer shown. 5454 Clear ALL fields Keep a copy for your records. Save and go to Important Printing Instructions Form IN-111 Page 2 of 2 Rev. 10/24 Save and Print
Form IN-111 Booklet
More about the Vermont Form IN-111 Booklet Individual Income Tax Tax Return TY 2024
This booklet includes forms and instructions for: IN-111, IN-112, IN-113, IN-116, HS-122, PR-141, HI-144
We last updated the Income Tax Return Booklet in January 2025, so this is the latest version of Form IN-111 Booklet, fully updated for tax year 2024. You can download or print current or past-year PDFs of Form IN-111 Booklet directly from TaxFormFinder. You can print other Vermont tax forms here.
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TaxFormFinder has an additional 51 Vermont income tax forms that you may need, plus all federal income tax forms. These related forms may also be needed with the Vermont Form IN-111 Booklet.
Form Code | Form Name |
---|---|
Form IN-111 | Vermont Personal Income Tax Return |
View all 52 Vermont Income Tax Forms
Form Sources:
Vermont usually releases forms for the current tax year between January and April. We last updated Vermont Form IN-111 Booklet from the Department of Taxes in January 2025.
Form IN-111 Booklet is a Vermont Individual Income Tax form. Like the Federal Form 1040, states each provide a core tax return form on which most high-level income and tax calculations are performed. While some taxpayers with simple returns can complete their entire tax return on this single form, in most cases various other additional schedules and forms must be completed, depending on the taxpayer's individual situation, to create a complete income tax return package.
About the Individual Income Tax
The IRS and most states collect a personal income tax, which is paid throughout the year via tax withholding or estimated income tax payments.
Most taxpayers are required to file a yearly income tax return in April to both the Internal Revenue Service and their state's revenue department, which will result in either a tax refund of excess withheld income or a tax payment if the withholding does not cover the taxpayer's entire liability. Every taxpayer's situation is different - please consult a CPA or licensed tax preparer to ensure that you are filing the correct tax forms!
Historical Past-Year Versions of Vermont Form IN-111 Booklet
We have a total of five past-year versions of Form IN-111 Booklet in the TaxFormFinder archives, including for the previous tax year. Download past year versions of this tax form as PDFs here:
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While we do our best to keep our list of Vermont Income Tax Forms up to date and complete, we cannot be held liable for errors or omissions. Is the form on this page out-of-date or not working? Please let us know and we will fix it ASAP.