Vermont § 5861a - Returns by partnerships
Full text of Vermont Vermont Statutes Online § 5861a — Returns by partnerships, with citation guidance and answers to common questions.
§ 5861a. Returns by partnerships
- (a) Every partnership having any income derived from Vermont sources shall file with the
Commissioner a Vermont partnership income tax return and a copy of the federal form
1065, including Schedules K and K-1 (U.S. Partnership Return of Income and Partner’s
Share of Income, Credits, Deductions, etc.), required to be filed with the federal
authorities at such time as such schedule is required to be filed or is, in fact,
filed with the federal authorities. A partnership is considered to have income from
Vermont sources if it earned or received more than $100.00 of Vermont income or earned
or received more than $1,000.00 of gross income from the sources listed in subdivisions
5823(b)(1) through (6) of this title or associated with or attributable to business
activities carried on in Vermont. (b) The returns and schedules required to be filed under this section shall be treated
as a return for all purposes under this chapter. (Added 1983, No. 59, § 11, eff. April 22, 1983; amended 1989, No. 222 (Adj. Sess.), § 10, eff. May 31, 1990; 1997, No. 50, § 19, eff. June 26, 1997.)
Frequently Asked Questions About Vermont § 5861a
What does Vermont Statutes Online § 5861a cover?
Section 5861a ("Returns by partnerships") is part of the Vermont Statutes Online, the codified statutory law of Vermont. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Vermont § 5861a?
A common citation format is "Vermont Statutes Online § 5861a" (Vermont). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Vermont law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Vermont official source linked on this page or consult a licensed Vermont attorney.
How does Vermont § 5861a apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Vermont can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Vermont.