Screen VTRentCr - Vermont Renters Rebate (1040)

Show all hidden content

General Information

Physical location of rental property
Enter the physical location of the taxpayer's home or rental house site if different from that entered in federal Screen 1040.
Efile certificate number from current LC-142
You can find this number on Form LC-142. Entering this number is optional, but the state encourages you to do so. The landlords file Form LC-142 and then gives one copy the renter and sends one copy to the state. If you leave this field blank, the return can still be e-filed.
Business use percentage of dwelling
Enter the percentage (xx.xx) of the house site that is used for business purposes. If 25 percent or less is entered, UltraTax CS defaults to 0 (zero) on Form HS-122, Section A.
Rental use percentage of dwelling
Enter the percentage of the house site that is rented out to another person.
Suppress renters rebate from paying income tax liability
When this option is selected the renters rebate credit is not included on Form IN-111.
Filing an amended Schedule HI-144, Household Income
Enter
X
if an amended Schedule HI-144 is being filed with Form PR-141.

error-icon

Triva isn't available right now.

Check out the support page for our phone number and hours

error-close