Vermont Department of Taxes Forms & Instructions
Vermont Composite Income Tax Schedule (BI-473, 2025) — nonresident composite
preamble
2025 Schedule BI-473
Vermont Composite
1. Federal Adjusted Gross Income Equivalent (Schedule BI-477, Line 28) . . . . . . . . . . . 1. ____________________.00 2. Vermont Income Tax Adjustment % (Schedule BI-477, Line 32) . . . . . . . . . . . . . . . . . 2. ________ . ___________% 3. Vermont Adjusted Income (MULTIPLY Line 1 by Line 2) . . . . . . . . . . . . . . . . . . . . 3. ____________________.00 4. Percentage of income from Line 3 passed through to nonresidents . . . . . . . . . . . . . . . . 4. ________ . ___________% 5. Total nonresident income (MULTIPLY Line 3 by Line 4) . . . . . . . . . . . . . . . . . . . . . 5. ____________________.00 6. Composite net operating loss (Enter as a Positive Number, Attach Statement) . . . . . . 6. ____________________.00 7. Additional Adjustments (Specify) ____________________________________ . . . . . 7. ____________________.00 8. Vermont taxable composite income (SUBTRACT Line 6 from Line 5 and ADD Line 7) . . . . . . . . . . . . . . . . . . . . . . . . . 8. ____________________.00 9. Composite Tax (MULTIPLY Line 8 by 7.6% (0.076)) . If negative, enter -0- . . . . . . 9. ____________________.00 10. Tax credits available for composite shareholders/partners/members (Attach Schedules BA-404 and BA-406) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10. ____________________.00 NOTE: Line 10 tax credits may not reduce your tax liability to less than the minimum tax . Review program guidelines to determine if there are other limitations regarding usage of tax credits . 11. Vermont Composite Tax due (Line 9 MINUS Line 10) . . . . . . . . . . . . . . . . . . . . . . . 11. ____________________.00 2025 Schedule BI-473 Rev. 10/25 PRINT in BLUE or BLACK INK Enter all amounts in whole dollars. Include with Form BI-471 *254731100* * 254731100* 5 - 5 Entity Name (same as on Form BI-471) Fiscal Y ear Ending (YYYYMMDD) FEIN 5 - 5
Source: official text