Audit FAQs

Field Audit
 

Q: Why am I being audited? Have I done something wrong?

Q: What is the audit period?

Q: What records will be needed?

Q: How much time will it take?

Q: Do I need my accountant?

Q: If I owe money can I make a payment arrangement?

Desk Audit
 

Q: Why am I being audited? Have I done something wrong?

Q: What is the audit period?

Q: What records will be needed?

Q: I corrected this audit issue with the Internal Revenue Service already.

Q: How much time will it take?

Household Income for School Property Adjustment Payments (Prebate)
 

Q: What is Household income?

Q: What Non taxable items are included in Household income?

Q: Are there any deductions eligible to reduce Household income?

Q: I contributed money to an IRA account can I deduct this from Household income?

Q: What if I had someone living with me, do I include their income?

Q: What if the sum of my Taxable interest and dividends and Non Taxable interest exceed $10,000?

Q: What if an income figure from my Federal 1040/ 1040A is negative?

Q: I have several small businesses that I record on different Schedule C’s how do I report their income?

Q: What if I used my Tuition and fees I paid to get the Federal education tax credit can I also deduct it from Household income?

Q: I have Medicaid premiums deducted from my Social security I receive can I deduct these premiums from Household income?

Contact Us

Commissioner Kaj Samsom
133 State Street | Montpelier, VT 05633
(802) 828-2505

Taxpayer Assistance Window
Office Hours: 7:45 a.m. - 4:30 p.m. Monday - Friday

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