We have provided some introductory information to assist you in filing and paying your clients’ taxes. Vermont tax returns for individuals, corporate and business income, and fiduciary should be filed electronically, using software of Vermont-certified e-file commercial vendors, although paper filing is an option.
Individuals
Commissioner of Taxes Mandate on E-filing of Individual Income Taxes
Effective Jan. 1, 2020, the Commissioner of Taxes has mandated the electronic filing of Vermont Individual Income Taxes. This mandate applies to tax practitioners who prepare more than 25 tax returns per year. The director of the Division of Taxpayer Services will consider a written request for an exemption based on extraordinary circumstances.
Corporate and Business Income
Tax professionals and their corporate and business clients may create an account in Vermont’s secure, online filing service, myVTax, for filing certain types of tax returns for qualifying businesses.
- Form BI-476, Business Income Tax Return for Resident Only a one-page income tax return for exclusively Vermont business operations and owners that meet requirements
- Form CO-411, Corporate Income Tax Return for standalone corporations only (no unitary groups)
- All Corporate and Business Income Tax Forms
Commissioner of Taxes Mandate on E-filing of Business and Corporate Income Taxes
The Commissioner of Taxes has mandated the electronic filing of Vermont Corporate Income Tax, Business Income Tax, and Fiduciary Income Tax beginning with the 2015 tax year. This mandate applies to tax practitioners who prepare more than 25 tax returns per year. The director of the Division of Taxpayer Services will consider a written request for an exemption based on extraordinary circumstances.