Regarding the Vermont LC-142 Renters Rebate:
LC-142 is a receipt from a land lord as per Vermont Law
that is given out, automatically if they own two or more residential
rental units, or upon request if they own one residential rental unit.
You enter the data found on LC-142 on FORM PR-141 -- which is a Renter Rebate Claim form for the state of Vermont. If
you qualify this Vermont tax rebate, you will be prompted to enter
this data during your interview under your State Taxes section of
TurboTax under Renter Rebate Claim
You may be eligible for the Vermont renter rebate if
you have:
- resided in Vermont for the entire 2015 calendar
year
- rented in Vermont for all 12 months (see box
below for one exception) and
- met the household income requirement. The
maximum renter rebate amount for 2015 is $3,000.
All renter rebate claims must be
paper-filed, even if you file your taxes online. You may submit this claim
separately from your Vermont Income Tax Return No claims will be accepted after
Oct. 17, 2016.
In TurboTax,
after you complete your Federal return, start your Vermont state return.
Proceed through the program until you see the asking if you “rented” and follow
the program prompts. Refer to the TurboTax Vermont instructions
included in your return on how to file.
For more
information click here: Renter
Rebate Program for Tax Year 2015
LC-142 - http://tax.vermont.gov/content/form-lc-142
PR-141 - http://www.vtlawhelp.org/renter-rebate-claim-form-pr-141household-income-hi-144
