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Ghosts on the ledger
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Future of professionals report 2025
The Thomson Reuters Future of Professionals Report 2025 reveals how AI continues to shape professional work — and what it takes to get ahead. This year’s report shows that increased efficiency, productivity, and cost savings top the list of benefits professionals attribute to AI, making it indispensable for organizations facing rapid change.
Screen VTAmend - Vermont Amended Return (1120)
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Amounts as Previously Reported
In this section enter amounts, including zero if applicable, from the return as previously filed or use the
Transfer original information
box to instruct the application to do this automatically.Transfer original information
Enter
X
to transfer the previously reported information to the fields in the Amounts as Previously Reported section. Previously reported information is defined as the information contained in the return the last time it was printed or print previewed. Before entering X
, verify the information on Form CO-411 or Form BI-471 is the information that was previously reported to the taxing agency.note
If amending a state return in addition to the federal return, enter
X
in the Transfer original information
field in the state’s amended screen prior to making changes to federal screen data.Amended Amounts
Overpayment to be applied
Enter the amount of overpayment to apply to estimated tax. The application defaults to refunding 100 percent of the calculated overpayment amount.To apply the entire overpayment, enter an amount equal to or greater than the overpayment on the amended return.