Screen VTPay - Vermont Payments, Extension, Penalties (1041)

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Payments and Credits

Form FIT-161: Paid with extension
When you prepare an extension, the payment amount calculates, displays on the extension voucher, on the box, and on the return. Alternatively, you can enter the actual amount paid with the current-year extension to overrule the calculated amount that displays on the return.
Credit for taxes paid to other states
Enter the postal code of the other state in the first column, the total income that is taxable to both Vermont and the nonreciprocal state in the third column, and the tax paid to the other state in the fourth column. You will receive multiple units of Schedule FIT-167 if there is income from more than one nonreciprocal state.

Penalties and Interest

Date filed, if other than due date of return
Enter the date filed to calculate penalties and interest.

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