CO-419: Apportionment of Foreign Dividends (for Unitary-Combined only) (2025)
Vermont · Vermont Department of Taxes · Used for tax years 2025
Vermont Schedule CO-419 is used by unitary filers to calculate Vermont foreign dividends taxable income. It uses income, sales, gross receipts, and a sales increment to calculate a modified sales factor and apply it to foreign dividends.
Who files this form
The 2025 Schedule CO-419 is for unitary filers only. It calculates Vermont apportionment of foreign dividends and is included with Form CO-411.
What you'll need
Have these forms and details available:
- Schedule BA-402: Lines 13A and 13B for total income, sales, and gross receipts, and Line 2A for foreign dividends.
- All attached Schedules CO-420: Both Lines 10 from each schedule for the sales increment.
- Form CO-411: Use the same entity name and enter the completed foreign dividends taxable income on Line 9.
- Entity details: FEIN and fiscal year ending in YYYYMMDD format.
How to file
Include Schedule CO-419 with Form CO-411. The form does not provide a mailing address or e-file directions.
To complete the calculation:
- Enter Schedule BA-402, Lines 13A and 13B, on Lines 1A and 1B.
- Add both Lines 10 from all attached Schedules CO-420 and enter the total on Line 2A.
- Add Lines 1A and 2A to get Line 3A.
- Divide Line 1B by Line 3A, multiply by 100, and carry the percentage to the sixth decimal place on Line 4.
- Enter foreign dividends from Schedule BA-402, Line 2A, on Line 5.
- Multiply Line 5 by the percentage on Line 4. Enter the result on Line 6, Schedule BA-402, Line 2B, and Form CO-411, Line 9.
Common mistakes
The form includes these reminders:
- Use the same entity name as on Form CO-411.
- Include Schedule CO-419 with Form CO-411.
Questions people ask
What do the columns represent?
Column A is everywhere, the denominator. Column B is Vermont, the numerator. Column C shows Vermont as a portion of everywhere.
Where do I get the foreign dividends amount?
Use Schedule BA-402, Line 2A, for Line 5. The form refers to foreign dividends as defined in Regulation § 1.5862(d).
How precise must the modified sales factor be?
For Line 4, divide Line 1B by Line 3A and multiply by 100. Carry the result to the sixth decimal place.
Where does the final taxable income amount go?
Enter the Line 6 Vermont foreign dividends taxable income on Schedule BA-402, Line 2B, and Form CO-411, Line 9.