PDF
Word
This version of the form is not currently in use and is provided for reference only. Download this version of
Schedule FIT-162
for the current year.
Schedule FIT-162 Capital Gains Exclusion Calculation for Estates or Trusts - Vermont
What Is Schedule FIT-162?
This is a legal form that was released by the Vermont Department of Taxes - a government authority operating within Vermont. As of today, no separate filing guidelines for the form are provided by the issuing department.
FAQ
Q: What is FIT-162?
A: FIT-162 is a form used to calculate the capital gains exclusion for estates or trusts in Vermont.
Q: Who needs to file FIT-162?
A: Estates or trusts that have capital gains and want to claim the capital gains exclusion in Vermont need to file FIT-162.
Q: What is the capital gains exclusion?
A: The capital gains exclusion allows estates or trusts to exclude a certain amount of capital gains from their taxable income.
Q: How is the capital gains exclusion calculated?
A: The capital gains exclusion is calculated using the information provided on form FIT-162.
Q: When is the deadline to file FIT-162?
A: The deadline to file FIT-162 is generally the same as the deadline for filing the estate or trust's tax return.
Q: Are there any specific requirements or qualifications for claiming the capital gains exclusion?
A: Yes, there may be specific requirements or qualifications for claiming the capital gains exclusion. It's best to review the instructions on form FIT-162 or consult with a tax professional for guidance.
Form Details:
- Released on October 1, 2021;
- The latest edition provided by the Vermont Department of Taxes;
- Easy to use and ready to print;
- Quick to customize;
- Compatible with most PDF-viewing applications;
- Fill out the form in our online filing application.
Download a fillable version of Schedule FIT-162 by clicking the link below or browse more documents and templates provided by the Vermont Department of Taxes.
Download Schedule FIT-162 Capital Gains Exclusion Calculation for Estates or Trusts - Vermont
1
2
