Pass-through entities (Subchapter S corporations and partnerships) are required to make estimated income tax payments on behalf of their non-Vermont resident shareholders, partners, or members.
These payments are remitted quarterly. Nonresidents enter the estimated income tax payments made by a business entity in the Payments and Credits section of Form IN-111, Vermont Income Tax Return on the line for WH-435 payments.
LAWS, REGULATIONS AND GUIDANCE
Technical Bulletin 06 Estimated Payments by S Corporations, Partnerships and Limited Liability Companies on Behalf of Shareholders, Partners and Members
32 V.S.A. § 5914 Taxation Of S Corporations