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October 25, 2023
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Vermont Fiduciary Form FIT-166, Line 1a not working

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  • October 25, 2023
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Since Form 5329 is not fully programmed for the federal fiduciary program, there there needs to be a direct input field for Part II, Line 1a, tax on lump-sum distributions for Vermont Form FIT-166.  Currently, the amount is not carrying from screen 42, Code 14, and as a result, the Vermont return must be filed on paper, contrary to Vermont's instructions.

This could also be resolved by actually programming the Form 5329 in the fiduciary program!