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Screen VTSTCr - Vermont Credit for Taxes Paid to Other States (1040)

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Overview

Use this screen to complete Form IN-117,Vermont Credit for Income Tax Paid to Other State or Canadian Province. This credit is not available for nonresidents.

State Income and Tax Information

UltraTax CS uses information in this section to complete Schedule B of Form IN-112. Complete one unit of the input screen for each state to which taxes were paid. If you are using UltraTax CS to process a multiple-state return, process the nonresident state(s) first, followed by the resident state. UltraTax/1040-VT transfers information from the nonresident return(s) to your resident return, as necessary, to complete the credit for taxes paid to other states.
UltraTax/1040-VT automatically prints copies of state returns if you are using UltraTax CS to file a nonresident return for which the credit for the taxes paid to other states has been calculated.
State postal code and name
If you used UltraTax CS to file a nonresident return, UltraTax/1040-VT automatically completes the
State postal code and name
 fields for the resident return. If you are not using UltraTax CS to file a nonresident return, enter the
State postal code
 and UltraTax/1040-VT completes the
State name
 field.
Modified adjusted gross income from the other state / ... / US government interest
If you used UltraTax CS to complete a nonresident return, UltraTax/1040-VT automatically completes the
Modified adjusted gross income from the other state
 field for your resident state return. Use the
Force
 column to enter the AGI if it is different from the calculated amount. If you did not use UltraTax CS to complete a return for which you would like to claim this credit, enter the adjusted gross income from that state's tax return in the
Force
 column.
Tax paid to other state
If you are using UltraTax CS to complete a nonresident return, UltraTax/1040-VT automatically completes the
Tax paid to other state
 field for your resident state return. Use the
Force
 column to enter the tax paid if it is different from the calculated amount. If you aren't using UltraTax CS to file a return for which you would like to claim this credit, enter the tax paid from that state's tax return in the
Force
 column.

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