Instructions for Schedule IN-119 Vermont Tax Adjustments and Nonrefundable Credits - Vermont

This document contains official instructions for Schedule IN-119 , Vermont Tax Adjustments and Nonrefundable Credits - a form released and collected by the Vermont Department of Taxes.

FAQ

Q: What is Schedule IN-119?A: Schedule IN-119 is a form used by individuals to calculate Vermont tax adjustments and nonrefundable credits.

Q: Who needs to file Schedule IN-119?A: Anyone who needs to claim Vermont tax adjustments or nonrefundable credits should file Schedule IN-119.

Q: What are Vermont tax adjustments?A: Vermont tax adjustments are deductions and exemptions that can reduce your taxable income.

Q: What are nonrefundable credits?A: Nonrefundable credits are tax credits that can reduce your tax liability.

Q: What information do I need to complete Schedule IN-119?A: You will need your federal tax return and any other supporting documents that relate to your Vermont tax adjustments or nonrefundable credits.

Q: When is the deadline to file Schedule IN-119?A: The deadline to file Schedule IN-119 is the same as the deadline to file your Vermont tax return, which is usually April 15th.

Q: Can I e-file Schedule IN-119?A: Yes, you can e-file Schedule IN-119 if you are filing your Vermont tax return electronically.

Q: What should I do with Schedule IN-119 after I complete it?A: You should keep a copy of Schedule IN-119 for your records and attach it to your Vermont tax return when you file.

Q: Can I get help with completing Schedule IN-119?A: Yes, you can seek assistance from a tax professional or refer to the instructions provided with the form.