Capital gains exclusion - Schedule FIT-162 (1041 VT)
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Hide expandable textVermont allows you to exclude a portion of net adjusted capital gains from taxable income. Qualified dividends are not eligible. If there is a capital loss on federal Form 1041, Onvio Tax does not complete Schedule FIT-162. The exclusion flows from Schedule FIT-162 to line 4b on page 1 of the return.
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