IN-113: Vermont Income Adjustment Calculations (2025)
Vermont · Vermont Department of Taxes · Used for tax years 2025
Vermont Schedule IN-113 calculates income adjustments for Form IN-111. It reports federal income and adjustments alongside their Vermont portions, accounts for non-Vermont income and military exempt income, and calculates an income adjustment percentage.
Who files this form
- Nonresidents and part-year residents: Complete Parts I and II of Schedule IN-113 for tax year 2025.
- Full-year residents with adjustments: Complete only Part II.
Include Schedule IN-113 with Form IN-111.
What you'll need
Have these available to complete the schedule:
- Your federal return or recomputed federal return for the income and adjustment amounts in Part I.
- Form IN-111. If you do not complete Part I, you will use the amount from Form IN-111, Line 1.
- Your taxpayer name and Social Security number.
- For the residency fields, your dates of Vermont residency in 2025 and the state, Canadian province, or country where you lived during non-Vermont residency.
- The Vermont portions of the income and adjustments you report in Part I.
How to file
Include the completed Schedule IN-113 with Form IN-111. If completing it by hand, print in blue or black ink.
Also enter the income adjustment percentage from Schedule IN-113, Line 35, on Form IN-111, Line 15.
The supplied form does not give a mailing address or e-file instructions.
Common mistakes
Follow these printed reminders:
- Print in blue or black ink.
- Include the schedule with Form IN-111.
- Also enter the non-Vermont income from Line 29 on Part II, Line 31.
- Carry the Line 35 percentage out to the fourth decimal place, and also enter it on Form IN-111, Line 15.
Questions people ask
What goes in Columns A and B?
In Part I, enter figures as they appear on your federal return or recomputed federal return in Column A. Enter the Vermont portion in Column B.
How do I enter my residency information?
Enter your Vermont residency start and end dates for 2025 in MMDDYYYY format. Use a standard two-character abbreviation for the state, Canadian province, or country during non-Vermont residency.
What amount goes on Part II, Line 30?
If you completed Part I, enter the amount from Line 27. Otherwise, enter the amount from Form IN-111, Line 1.
How do I calculate the income adjustment percentage?
Divide Line 34 by Line 30, multiply the result by 100, and carry the result out to the fourth decimal place. Enter it on Line 35 and on Form IN-111, Line 15.