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Marking the Recomputed checkbox for Vermont IN-111 in Lacerte

by Intuit• Updated 1 year ago

On a Vermont Individual Form IN-111, to mark the box Yes for re-computed:

  1. Go to Screen 3, Miscellaneous Info./Direct Deposit
  2. Scroll down to the Vermont Miscellaneous section
  3. Enter a 1 in, Filing Status:  1 = Civil Union Joint, 2 = Civil Union Separate code 833

Lacerte only supports recomputed federal return information for the following situations, per the instructions for Form IN-111,

The Vermont filing status must be the same as your Federal filing status except in the following two situations where Federal information may be recomputed for Vermont purposes:

  1. Civil Union or Civil Marriage (available to same-sex couples holding a valid civil union or marriage license): Recomputed Federal income tax information required.
  2. Vermont Resident With a Non-Vermont Resident Spouse who has no Vermont income:  Recomputed Federal income tax information may be used.  See Technical Bulletin  55... If you elect to file your Vermont income tax return married filing jointly, you cannot use Schedule IN-113, Part I to apportion income of the nonresident spouse. The credit for income tax paid to another state, however, is available."

For more information, please see Vermont Technical Bulletin 55.

Lacerte Tax