BA-402: Apportionment & Allocation Schedule (2025)
Vermont · Vermont Department of Taxes · Used for tax years 2025
Vermont’s 2025 Schedule BA-402 reports Vermont and everywhere amounts for non-apportionable income, foreign dividends, sales, and receipts. It calculates the Vermont sales and receipts factor for Form CO-411 and collects salaries, wages, and property information for informational
What you'll need
Have the following information ready for the 2025 schedule:
- Entity name, FEIN, and fiscal year ending date in YYYYMMDD format.
- Everywhere and Vermont amounts for non-apportionable income and foreign dividends.
- Sales and receipts information, including services, tangible personal property, special industries, apportionable interest and dividends, pass-through entity factors, royalties, gross rents, and other apportionable income.
- Salaries and wages, plus property values for the informational sections.
Attach a detailed supporting statement for other apportionable income on Line 12 and a schedule for other assets on Line 20.
How to file
Include the 2025 Schedule BA-402 with Form CO-411.
For Line 14, divide Vermont income, sales, and gross receipts on Line 13B by the Everywhere total on Line 13A. Multiply the result by 100 and carry the percentage to six decimal places. Enter that percentage on Form CO-411, Line 6.
The supplied form does not give a mailing address or e-file instructions.
Common mistakes
- Enter dollar amounts in whole dollars, as the form directs.
- Do not leave out the detailed supporting statement for other apportionable income on Line 12 or the schedule for other assets on Line 20.
- Carry the Line 14 percentage to six decimal places and enter it on Form CO-411, Line 6.
- Note that the salaries and wages factor and property factor sections are for informational purposes only.
Questions people ask
What do Columns A and B mean?
Column A is for Everywhere amounts. Column B is for Vermont amounts.
Where do I report non-apportionable income and foreign dividends?
Report non-apportionable income on Part I, Line 1, and foreign dividends on Part I, Line 2. Both lines have Everywhere and Vermont columns.
How do I calculate the Vermont sales and receipts percentage?
Divide Line 13B by Line 13A, multiply by 100, and carry the result to six decimal places. Report it on Schedule BA-402, Line 14, and Form CO-411, Line 6.
How does the form value property?
Section C uses average value during the year. It specifies original cost for buildings and other depreciable assets and for depletable assets. For rented real and personal property on Line 21, multiply annual rent by 8.