BI-472: Non-Composite Schedule (2025)
Vermont · Vermont Department of Taxes · Used for tax years 2025
Vermont Schedule BI-472 is a non-composite schedule included with Form BI-471. It reports income attributable to Vermont, the portion passed through to nonresidents, and the nonresident estimated payment requirement.
What you'll need
Have these forms and details available to complete the 2025 Schedule BI-472:
- Schedule BI-477, Line 31, for income attributable to Vermont.
- Form BI-471, for the matching entity name. Include Schedule BI-472 with this form.
- The entity’s FEIN and fiscal year ending date in YYYYMMDD format.
- Other adjustments to income attributable to Vermont and the percentage of income passed through to nonresidents.
How to file
Include the completed 2025 Schedule BI-472 with Form BI-471. The supplied form does not provide a mailing address or e-filing instructions.
Common mistakes
Follow these printed reminders:
- Enter all amounts in whole dollars.
- Print in blue or black ink.
- Use the same entity name as on Form BI-471.
- Enter the fiscal year ending date in YYYYMMDD format.
- Include Schedule BI-472 with Form BI-471.
Questions people ask
Where does the income amount for Line 1 come from?
Use the income attributable to Vermont from Schedule BI-477, Line 31.
How do I calculate total income attributable to Vermont?
Add Line 1 and the other adjustments entered on Line 2. Enter the total on Line 3.
How do I calculate income passed through to nonresidents?
Enter the percentage of Line 3 income passed through to nonresidents on Line 4. Multiply Line 3 by that percentage and enter the result on Line 5.
How do I calculate the nonresident estimated payment requirement?
For the 2025 schedule, multiply Line 5 by 6.6% (0.066). Enter the result on Line 6.