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VERMONT Property Transfer Tax Return A. ×081721100* Form PT172 * 0 8 1 7 2 1 1 0 0 * SELLERS (TRANSFERORS) INFORMATION BLACK OUT ON TOWN COPY ONLY Entity SELLER #1 Federal ID number Individual SELLER

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How to fill out property transfer tax return

01

Ensure you have all the necessary documentation, including the property transfer tax return form.

02

Complete the form by providing accurate and detailed information about the property being transferred.

03

Include information about the transferee and transferor, such as their names, addresses, and contact details.

04

Calculate the property transfer tax amount based on the property's fair market value.

05

Submit the completed property transfer tax return form along with any required supporting documents to the appropriate tax authority.

06

Pay the applicable property transfer tax amount by the specified deadline.

07

Keep copies of all submitted documents for your records.

Who needs property transfer tax return?

01

Anyone who is involved in the transfer of property from one party to another needs to file a property transfer tax return.

02

This includes individuals, corporations, partnerships, estates, trusts, and any other entities that are transferring property.

03

It is important to comply with the legal requirement of filing a property transfer tax return to avoid penalties or legal issues.

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