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With filing season well under way, the Department of Taxes has a few items for preparers to remember.
The taxpayer's mailing address matters
When submitting online returns for any tax type, be sure to include the apartment or suite number/letter on the second address line. We also need the 4-digit ZIP code extension in the ZIP code field. An incorrectly formatted address may delay important correspondence and refunds.
Preparers should remember to verify the taxpayer address with their clients each new year.
Tax exemption for eligible Social Security recipients
When a taxpayer works in more than one state
A taxpayer who earns income from work in Vermont and also in another state should file a state tax return in each state. When a Vermont resident earns money working in another state, Vermont withholding should be calculated for the entire earnings, then reduced by the amount withheld in the other state or states. For work performed by a Vermont resident in a state with no income tax, the income should be treated as Vermont income for the purpose of withholding. See
Technical Bulletin 23.
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