Grantor letter (1041 VT)

This article contains notes about the calculations and adjustments on the Vermont Grantor / Agency Report.

  • Special Allocations are an automatic calculation.
  • The adjustments are for nonresident and resident beneficiaries.
  • For nonresident beneficiaries, Onvio Tax only displays Vermont source income.
  • Onvio Tax calculates a bonus depreciation adjustment for all nonresident and resident beneficiaries for assets sold. You can select the beneficiary entity type on the federal BDE screen.

Contact us

Was this article helpful?