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Vermont Corporate Income Tax Return
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Extracted from PDF file 2023-vermont-form-co-411.pdf, last modified September 2023Corporate Income Tax Return
Clear ALL fields Vermont Department of Taxes *234111100* Form CO-411 * 2 3 4 1 1 1 1 0 0 * Vermont Corporate Income Tax Return Check Appropriate Box(es) Name Change Accounting Period Change Extended Return Unitary PL 86-272 is Applicable Address Change Amended Return Federal Extension Requested RAR Amended Pro Forma Cannabis Entity Name (Principal Vermont Corporation) Address Address (Line 2) City FEIN Primary 6-digit NAICS number Tax year BEGIN date (YYYYMMDD) Tax year END date (YYYYMMDD) Number of companies with Vermont Nexus Number of companies in Vermont Unitary Group State ZIP Code Foreign Country Final Return (Cancels Account) Federal tax return filed (Check one box) 1120 1120-F 1120-H Other 990-T Enter all amounts in whole dollars. 1. FEDERAL TAXABLE INCOME (federal Form 1120, Line 28, as filed). . . . . . . . . . . . . . . . . . . . . . . 1. _____________________________ .00 1a. Special Deductions as filed with IRS (federal Form 1120, Line 29b). . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1a. ___________________________ .00 1b. Income/Loss from unitary members included in Vermont combined group. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1b. ___________________________ .00 1c. Income/Loss from affiliated entities filed in the above federal consolidated returns but excluded from Vermont combined group. 1c. ___________________________ .00 1d. Special Deductions: Vermont adjustments to federal special deductions. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1d. ___________________________ .00 1e. Eliminations: Vermont adjustments to federal eliminations. . . . . . 1e. ___________________________ .00 1f. Other: Other Vermont adjustments to Combined Net Income (charitable expenses, etc.). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1f. ___________________________ .00 1g. Federal Taxable Income as Adjusted for Combined Net Income (ADD Lines 1 through 1f) . . . . . . 1g. _____________________________ .00 2. Bonus Depreciation Adjustment (see instructions). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2. _____________________________ .00 3. Federal Taxable Income as Adjusted for Combined Net Income and Bonus Depreciation (ADD Lines 1g and 2). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3. _____________________________ .00 4. ADD 4a. Interest on non-Vermont state and local obligations. . . . . . . . 4a. ___________________________ .00 4b. State and local income or franchise taxes . . . . . . . . . . . . . . . . 4b. ___________________________ .00 Check box if exception to minimum tax applies: SMALL FARM CORPORATION ($75 minimum) NO VERMONT ACTIVITY ($0) HOMEOWNER’S / CONDO ASSOC. (Federal Form 1120-H only) ($0) Form CO-411 5454 Page 1 of 3 Rev. 10/23 Entity Name FEIN Fiscal Year Ending (YYYYMMDD) *234111200* * 2 3 4 1 1 1 2 0 0 * LESS 4c. Non-Apportionable Income or loss allocated everywhere (Schedule BA-402, Line 1a, or leave blank). . . . . . . . . . . . . . 4c. ___________________________ .00 4d. Foreign dividends received. . . . . . . . . . . . . . . . . . . . . . . . . . . 4d. ___________________________ .00 4e. Interest on U.S. Government obligations. . . . . . . . . . . . . . . . . 4e. ___________________________ .00 4f. “Gross Up” required by IRC § 78 and other excludable income. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4f. ___________________________ .00 4g. Targeted Job Credit salary and wage expense addback. . . . . . 4g. ___________________________ .00 5. NET APPORTIONABLE INCOME (ADD Lines 3, 4a, and 4b, Then SUBTRACT Lines 4c through 4g.). . . . . . . . . . . . . . . . . . . . . . . 5. _____________________________ .00 6. Vermont Percentage (Schedule BA-402, Line 14, or 100.000000%) Enter percentage with six places to the right of the decimal point. . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6. _____________ . ________________% 7. Income Apportioned to Vermont (MULTIPLY Line 5 by Line 6) . . . . . . . . . . . . . . . . . . . . . . . . . . . 7. _____________________________ .00 8. Non-Apportionable Income to Vermont (Schedule BA-402, Line 1B). . . . . . . . . . . . . . . . . . . . . . . . . 8. _____________________________ .00 9. Foreign Dividends Allocated to Vermont (Schedule BA-402, Line 2B). . . . . . . . . . . . . . . . . . . . . . . . 9. _____________________________ .00 10. Net Vermont Income Allocated and Apportioned to Vermont (ADD Lines 7 through 9). . . . . . . . . 10. _____________________________ .00 11. Vermont Net Operating Loss deduction applied (Attach schedule). . . . . . . . . . . . . . . . . . . . . . . . . . . 11. _____________________________ .00 12. Vermont Net taxable income for this entity (Line 10 MINUS Line 11). . . . . . . . . . . . . . . . . . . . . . . 12. _____________________________ .00 13. Vermont Tax. Calculate Vermont tax due on Line 12 amount using the Tax Computation Schedule below . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13. _____________________________ .00 14. Credits (Schedule BA-404, Column C, Line 11). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14. _____________________________ .00 15. Use Tax for taxable items on which no sales tax was charged, including online purchases . . . . . . . . 15. _____________________________ .00 16. Tax Due for this entity (Line 13 MINUS Line 14, then ADD Line 15). . . . . . . . . . . . . . . . . . . . . . . 16. _____________________________ .00 17. Gross Receipts (For purpose of minimum tax calculation. See instructions). . . . . . . . . . . . . . . . . . . . 17. _____________________________ .00 TAX COMPUTATION SCHEDULE (Effective for taxable periods beginning January 1, 2023) IF VERMONT NET INCOME (Line 12) IS TAX IS $10,000 or less. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6.00% $10,001 to $25,000. . . . . . . . . . . . . $600 plus 7.00% of excess over $10,000 $25,001 and over . . . . . . . . . . . . $1,650 plus 8.50% of excess over $25,000 IF VERMONT GROSS RECEIPTS ARE MINIMUM TAX IS $500,000 or less. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $100 $500,001 to 1,000,000 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $500 $1,000,001 to $5,000,000. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $1,000 $5,000,001 to $300,000,000. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $2,000 $300,000,001 and over. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $100,000 File the return on the due date required under the Internal Revenue Code, unless extended. Pay by the due date required under the Internal Revenue Code, even if the return is extended. Corporations with liabilities over $500, see instructions for estimated payments on Vermont Form CO-414. Form CO-411 5454 Page 2 of 3 Rev. 10/23 Entity Name FEIN *234111300* Fiscal Year Ending (YYYYMMDD) * 2 3 4 1 1 1 3 0 0 * Amount from Line 16 _____________________________ 18. Payments 18a. Estimated Payments (Form CO-411). . . . . . . . . . . . . . . . . . . . . . . 18a. ___________________________ .00 18b. Payment with Extension (Form BA-403) . . . . . . . . . . . . . . . . . . . 18b. ___________________________ .00 18c. Nonresident estimated payments distributed to this entity by a different company through a Schedule K-1VT. . . . . . . . . . . . . . 18c. ___________________________ .00 18d. Real Estate Withholding Payments (Form RW-171). . . . . . . . . . . 18d. ___________________________ .00 18e. Prior Year Overpayment Applied . . . . . . . . . . . . . . . . . . . . . . . . . 18e. ___________________________ .00 18f. Total Payments (ADD Lines 18a through 18e) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 18f. _____________________________ .00 19. Balance Due. If Line 16 is more than Line 18f, subtract Line 18f from Line 16. Make check payable to Vermont Department of Taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 19. _____________________________ .00 20. Payment submitted with this return . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20. _____________________________ .00 21. Overpayment. If Line 18f is more than Line 16, subtract Line 16 from Line 18f. . . . . . . . . . . . . . . . 21. _____________________________ .00 22. Overpayment to be applied to next tax year. . . . . . . . . . . . . . . . . . . . . . . 22. ___________________________ .00 23. Overpayment to be refunded (Line 21 MINUS Line 22) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 23. _____________________________ .00 I hereby certify that I am an officer or authorized agent responsible for the taxpayer’s compliance with the requirements of Vermont Statutes Annotated, Title 32, and that this return is true, correct, and complete to the best of my knowledge. If prepared by a person other than the taxpayer, this declaration further provides that under 32 V.S.A. § 5901, this information has not been and will not be used for any other purpose, or made available to any other person, other than for the preparation of this return unless a separate valid consent form is signed by the taxpayer and retained by the preparer. Signature of Responsible Officer Printed Name Date (MM/DD/YYYY) Daytime Telephone Number Email Address Check if the Vermont Department of Taxes may discuss this return with the preparer shown. Signature of Paid Preparer Preparer’s Printed Name Date (MM/DD/YYYY) Preparer’s Telephone Number EIN Preparer’s SSN or PTIN Email Address (optional) Firm’s Name (or yours if self-employed) Firm’s Address (or yours if self-employed) (Street, City, State, ZIP Code) Send return and check to: 5454 Vermont Department of Taxes 133 State Street Montpelier, VT 05633-1401 Check if self-employed For Department Use Only Ck. Amt. Init. Form CO-411 Page 3 of 3 Rev. 10/23 Save As
Form CO-411
More about the Vermont Form CO-411 Corporate Income Tax Tax Return TY 2023
We last updated the Corporate Income Tax Return in January 2024, so this is the latest version of Form CO-411, fully updated for tax year 2023. You can download or print current or past-year PDFs of Form CO-411 directly from TaxFormFinder. You can print other Vermont tax forms here.
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TaxFormFinder has an additional 51 Vermont income tax forms that you may need, plus all federal income tax forms.
| Form Code | Form Name |
|---|---|
| Form WHT-434 | Annual Withholding Reconciliation |
| Form BI-471 | Business Income Tax Return |
| Schedule K-1VT | Shareholder, Partner, Or Member Information |
| Form CO-411 | Corporate Income Tax Return |
| Form FIT-161 | Fiduciary Return of Income |
View all 52 Vermont Income Tax Forms
Form Sources:
Vermont usually releases forms for the current tax year between January and April. We last updated Vermont Form CO-411 from the Department of Taxes in January 2024.
Form CO-411 is a Vermont Corporate Income Tax form. Like the Federal Form 1040, states each provide a core tax return form on which most high-level income and tax calculations are performed. While some taxpayers with simple returns can complete their entire tax return on this single form, in most cases various other additional schedules and forms must be completed, depending on the taxpayer's individual situation, to create a complete income tax return package.
About the Corporate Income Tax
The IRS and most states require corporations to file an income tax return, with the exact filing requirements depending on the type of company.
Sole proprietorships or disregarded entities like LLCs are filed on Schedule C (or the state equivalent) of the owner's personal income tax return, flow-through entities like S Corporations or Partnerships are generally required to file an informational return equivilent to the IRS Form 1120S or Form 1065, and full corporations must file the equivalent of federal Form 1120 (and, unlike flow-through corporations, are often subject to a corporate tax liability).
Additional forms are available for a wide variety of specific entities and transactions including fiduciaries, nonprofits, and companies involved in other specific types of business.
Historical Past-Year Versions of Vermont Form CO-411
We have a total of twelve past-year versions of Form CO-411 in the TaxFormFinder archives, including for the previous tax year. Download past year versions of this tax form as PDFs here:
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