Instructions for Schedule IN-113 Vermont Income Adjustment Calculations - Vermont

This document contains official instructions for Schedule IN-113 , Vermont Income Adjustment Calculations - a form released and collected by the Vermont Department of Taxes.

FAQ

Q: What is Schedule IN-113?
A: Schedule IN-113 is a form used in Vermont to calculate income adjustments.

Q: Why do I need to complete Schedule IN-113?
A: You need to complete Schedule IN-113 to determine if you have any income adjustments that can reduce your taxable income.

Q: What are income adjustments?
A: Income adjustments are deductions or additions made to your income for specific reasons, such as student loan interest or alimony payments.

Q: Which income adjustments are included in Schedule IN-113?
A: Schedule IN-113 includes a list of common income adjustments, such as educator expenses, self-employment taxes, and health savings account contributions.

Q: How do I calculate income adjustments on Schedule IN-113?
A: You will need to refer to the instructions provided on the form, which will guide you through the process of calculating your income adjustments.

Q: What should I do if I'm not sure how to complete Schedule IN-113?
A: If you are unsure about how to complete Schedule IN-113, you can seek assistance from a tax professional or contact the Vermont Department of Taxes for guidance.

Q: When is the deadline to file Schedule IN-113?
A: The deadline to file Schedule IN-113 is the same as the deadline for filing your Vermont income tax return, which is typically April 15th.