10-029 Code Vt. R. 10-060-029-X

Current through August, 2024

Section 10 060 029 - RULES OF PRACTICE-INCOME, TRUST & ESTATE TAXES

Section I Forms

a. Only those forms, notices and reports prescribed by the Commissioner of Taxes or his designated agents may be used for filing purposes.

b. The Commissioner or his designated agent may withhold approval, at any time, of the use of any form which has not been duly authorized or where a prescribed form is no longer applicable.

c. Prescribed forms may be revised by the Commissioner of Taxes or his designated agent as the need arises.

d. Copies of prescribed forms may be obtained from the Department of Taxes either in person, by telephone or written request.

e.

(1) Forms presently available for use of income taxpayers and income tax practitioners are:

Form 103 -	Personal income tax return
103A-	Special Tax limitation schedule
109 -	Fiduciary Return of Income
176 -	Statement of Claimant to Refund due on Behalf of
	Deceased Taxpayer
103ES -	Estimate of Non-Withheld Tax
126AES -	Estimated Tax Payment Form & Amended Estimate of Non-
	Withheld
104 -	Corporate Income Tax Return
104S -	Election by Small Business
706 -	Corporation Extension
	Consent of Stockholders
VW-102 -	Withholding Statement
	(Combined federal and State form)
105 -	Reconciliation of Quarterly Withholding Statements
110 -	Return of Income Tax Withheld
115 -	Extension Certificate issued when request is granted to
	file return beyond due date
Booklet -	Vermont Income Tax Withholding Instructions, tables and
	Statutes

(2) Other forms and form letters used in administration of the above taxes:

Form 103B-	Schedule of Non-Vermont Derived Income
122A-	Adjustment to Income Tax Return (Tax Due)
145 -	Adjustment to Income Tax Return (Refund Due)
140 -	Notice of Refund or Income Tax Liability Due (Old & New)
126ES -	Estimated Tax Notice
507 -	Notification of Assessment
	Tax Notice
	Notice of Tax Lien
831C -	Proof of Claim
652 -	Delinquent Account Information
	Petition (Withholding Taxes)
	Order requiring weekly filing of withholding taxes
	Petition for Contempt
	Petition (Corporation Taxes)
	Sheriff greeting
	Petition (non-resident)
160 -	Estate Information Return
166 -	Assessment of Inheritance Taxes and Other for Payment
142 -	Decedents Estate Transfer Tax Notice
	Stipulation for Inheritance Tax
	Stipulation for Transfer and additional Estate Taxes
	Stipulation for Inheritance, Transfer and additional
	State Taxes
	Administrative Form Letters

Section II Information

a. Requests for information which is not in violation of Title 32 V.S.A. 5815, "Secrecy of Records" may be obtained if available, by telephone, correspondence or a personal visit to the Vermont Department of Taxes, Montpelier, VT.

b. Where certified copies of records are requested, the Commissioner may require a reasonable charge to be paid.

Section III Appeals

Upon receipt of a notice of deficiency or assessment of penalty or interest the taxpayer may, within twenty days after the date of the notice or assessment, petition the Commissioner in writing for a determination of that deficiency or assessment. The Commissioner shall thereafter grant a hearing upon the matter and notify the taxpayer in writing of his determination concerning the deficiency, penalty or interest.

Receipt of written notification from the taxpayer will be accepted as a formal appeal but where the taxpayer desires an informal conference or review of his return arrangements will be made for both the convenience of the department and the taxpayer.

Where an adjustment or deficiency assessed by the department is in error, a revised notice of adjustment and assessment will be issued without necessity of a formal hearing unless the taxpayer desires such a hearing.

10-029 Code Vt. R. 10-060-029-X