TaxFormFinder
Vermont Composite Schedule
Extracted from PDF file 2022-vermont-schedule-bi-473.pdf, last modified August 2022Composite Schedule
Vermont Department of Taxes *224731100* Schedule BI-473 Vermont Composite * 2 2 4 7 3 1 1 0 0 * Attach to Form BI-471 PRINT in BLUE or BLACK INK Entity Name (same as on Form BI-471) Fiscal Year Ending (YYYYMMDD) Place an “X” in the box left of the line number to indicate a loss amount. FEIN Enter all amounts in whole dollars. 1a. Ordinary Business Income (federal Form 1120S, Line 21 or federal Form 1065, Line 22). . . . . . . . . . . . . . . . . . . . . . . . . . . Check to ç indicate 1a. loss _________________________ .00 1b. Net adjustment to income resulting from Vermont’s disallowance of “bonus depreciation” (IRC 168(k)) . . . . . . . . Check to ç indicate 1b. loss _________________________ .00 1c. Ordinary Business Income with disallowance of “bonus depreciation” (Add Lines 1a and 1b). . . . . . . . . . . . . . Check to ç indicate 1c. loss _________________________ .00 2. Net Rental Real Estate Income (federal Form 1120S, Schedule K, Line 2, or federal Form 1065, Schedule K , Line 2). . . . . . . . . . . . . . . . . Check to ç indicate loss 2. _________________________ .00 3. Other Net Rental Income (federal Form 1120S, Schedule K, Line 3c, or federal Form 1065, Schedule K, Line 3c) . . . . . . . Check to ç indicate loss 3. _________________________ .00 4. Guaranteed Payments (Partnership only - federal Form 1065, Schedule K, Line 4). . . . . . . . . . . . . 4. _________________________ .00 5. Net short term and long term capital gains or losses (federal Form 1120S, Schedule K, Lines 7 and 8a, or federal Form 1065, Schedule K, Lines 8 and 9a.) . . . . . . . . . . Check to ç indicate loss 5. _________________________ .00 6. Net section 1231 gain or loss (federal Form 1120S, Schedule K, Line 9, or Federal 1065, Schedule K Line 10). . . Check to ç indicate loss 6. _________________________ .00 7. Other income or loss (federal Form 1120S, Schedule K, Line 10, or federal Form 1065, Schedule K, Line 11.). . . . . . . Check to ç indicate loss 7. _________________________ .00 8. Section 179 Deduction (federal Form 1120S, Schedule K, Line 11 or federal Form 1065, Schedule K, Line 12). . . . . . . . . . . . . . . . . . . . . . . . . . . . 8. _________________________ .00 9. Deduction for Charitable Contributions (federal Form 1120S, Schedule K, Line 12a, or federal Form 1065, Schedule K, Line 13a). . . . . . 9. _________________________ .00 10. Apportionable income (Add Lines 1c through 7, then subtract Lines 8 and 9). . . . . . . . . . . Check to ç indicate 10. loss _________________________ .00 11. Apportionment percentage (from Schedule BA-402, or 100%). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11. ___________ . ______________% 12. Business Income Apportioned to Vermont (Multiply Line 10 by Line 11) . . . . . . . . . . . . . . . . . . . . . . . . . Check to ç indicate 12. loss _________________________ .00 13. Income directly allocable to Vermont generated by this entity (Capital gain on real estate and physical assets located in Vermont, royalties on property located in Vermont, etc.) . . . . Check to ç indicate 13. loss _________________________ .00 14. Vermont business income distributed to this entity by a different entity via Schedule K-1VT. . . . . . . . . . . . . . . . . . . . . Check to ç indicate 14. loss _________________________ .00 15. Vermont-sourced capital gain distributed to this entity via Schedule K-1VT. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Check to ç indicate 15. loss _________________________ .00 16. Other Vermont-sourced income distributed to this entity by a different entity via Schedule K-1VT. . . . . . . . . . . . . . . . . . . . . Check to ç indicate 16. loss _________________________ .00 17. Total Vermont Net Income (Add Lines 12 through 16). . . . . . . . . . . . . . . . . . . . . . . . . . . . . Check to ç indicate 17. loss _________________________ .00 Schedule BI-473 5454 Page 1 of 2 Rev. 10/22 Entity Name (same as on Form BI-471) FEIN Fiscal Year Ending (YYYYMMDD) *224731200* * 2 2 4 7 3 1 2 0 0 * Amount from Line 17. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .________________________________ . Place an “X” in the box left of the line number to indicate a loss amount. Enter all amounts in whole dollars. 18. Percentage of income from Line 17 passed through to nonresidents. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 18. ___________ . ______________% Check to ç indicate 19. Total nonresident income (Multiply Line 17 by Line 18) . . . . . . . . . . . . . . . . . . . . . . . . . . . 19. _________________________ .00 loss 20. Vermont net operating loss deduction applied (Attach Vermont NOL statement in PDF format) . . . . . . . 20. _________________________ .00 21. Vermont taxable composite income (Subtract Line 20 from Line 19). . . . . . . . . . . . . . . . . . Check to ç indicate 21. loss _________________________ .00 22. Composite Tax (Multiply Line 21 by 7.6%. If negative, enter -0-). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 22. _________________________ .00 23. Tax credits available for composite shareholders/partners/members (Attach Schedules BA-404 and BA-406). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 23. _________________________ .00 NOTE: Line 23 Tax Credits may not reduce your tax liability to less than the minimum tax. Review program guidelines to determine if there are other limitations regarding usage of tax credits. 24. Vermont Composite Tax due (Subtract Line 23 from Line 22). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 24. _________________________ .00 Schedule BI-473 5454 Page 2 of 2 Rev. 10/22
Schedule BI-473
More about the Vermont Schedule BI-473 Corporate Income Tax TY 2022
We last updated the Composite Schedule in January 2023, so this is the latest version of Schedule BI-473, fully updated for tax year 2022. You can download or print current or past-year PDFs of Schedule BI-473 directly from TaxFormFinder. You can print other Vermont tax forms here.
Related Vermont Corporate Income Tax Forms:
TaxFormFinder has an additional 51 Vermont income tax forms that you may need, plus all federal income tax forms. These related forms may also be needed with the Vermont Schedule BI-473.
| Form Code | Form Name |
|---|---|
| Schedule BI-472 | Non-Composite Schedule |
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 Schedule BI-473 from the Department of Taxes in January 2023.
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 Schedule BI-473
We have a total of eleven past-year versions of Schedule BI-473 in the TaxFormFinder archives, including for the previous tax year. Download past year versions of this tax form as PDFs here:
TaxFormFinder Disclaimer:
While we do our best to keep our list of Vermont Income Tax Forms up to date and complete, we cannot be held liable for errors or omissions. Is the form on this page out-of-date or not working? Please let us know and we will fix it ASAP.