InstantForum.NET v4.1.4NTS Discussion Webhttp://forum.ntslink.com/NTSDiscussionWeb@ntslink.netWed, 08 Sep 2010 00:19:38 GMT20http://forum.ntslink.com/Topic210-53-1.aspx<P class=MsoNormal><SPAN style="COLOR: red">It has come to our attention that some Vermont 1040 e-file returns were filed with an overstated tax liability. The software automatically filled out Form IN-154, lines 1 and 16, when this form was not needed. <?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" /><o:p></o:p></SPAN></P><P class=MsoNormal><SPAN style="COLOR: red"><o:p> </o:p></SPAN></P><P class=MsoNormal><SPAN style="COLOR: red">This has resulted in the State of Vermont increasing the taxpayer’s potential tax liability.<o:p></o:p></SPAN></P><P class=MsoNormal><SPAN style="COLOR: red"><o:p> </o:p></SPAN></P><P class=MsoNormal><SPAN style="COLOR: red">To correct this issue:<o:p></o:p></SPAN></P><P style="TEXT-INDENT: -0.25in; mso-list: l0 level1 lfo2" class=MsoListParagraph><SPAN style="COLOR: #1f497d"><SPAN style="mso-list: Ignore">1)<SPAN style="FONT: 7pt 'Times New Roman'"> </SPAN></SPAN></SPAN><SPAN style="COLOR: red">Please upgrade the Vermont system.<o:p></o:p></SPAN></P><P style="TEXT-INDENT: -0.25in; mso-list: l0 level1 lfo2" class=MsoListParagraph><SPAN style="COLOR: #1f497d"><SPAN style="mso-list: Ignore">2)<SPAN style="FONT: 7pt 'Times New Roman'"> </SPAN></SPAN></SPAN><SPAN style="COLOR: red">Identify the returns impacted. <o:p></o:p></SPAN></P><P style="TEXT-INDENT: -0.25in; mso-list: l0 level1 lfo2" class=MsoListParagraph><SPAN style="COLOR: #1f497d"><SPAN style="mso-list: Ignore">3)<SPAN style="FONT: 7pt 'Times New Roman'"> </SPAN></SPAN></SPAN><SPAN style="COLOR: red">Inform the Vermont Tax Division of the impacted returns. You can do this by faxing a list containing the Taxpayer’s Name and SSN to 802-828-2720. <o:p></o:p></SPAN></P><P style="MARGIN-LEFT: 0.25in" class=MsoNormal><SPAN style="COLOR: red"><o:p> </o:p></SPAN></P><P class=MsoNormal><SPAN style="COLOR: red"><o:p> </o:p></SPAN></P><P style="MARGIN-LEFT: 0.25in" class=MsoNormal><SPAN style="COLOR: red">Note: Some taxpayers have received a letter from the State of Vermont informing them of the adjustment. <o:p></o:p></SPAN></P><P class=MsoNormal><SPAN style="COLOR: red"><o:p> </o:p></SPAN></P><P class=MsoNormal><SPAN style="COLOR: red">We apologize for any inconvenience.<o:p></o:p></SPAN></P><P class=MsoNormal><SPAN style="COLOR: red"><o:p> </o:p></SPAN></P><P class=MsoNormal><SPAN style="COLOR: red">Vermont Development Team<o:p></o:p></SPAN>Mon, 01 Mar 2010 14:33:48 GMTlbanks