Notice, however, the first Vermont income tax bracket for Married Filing Jointly increases from $45,400 to $75,000 at 3.35%, and later increases from $229,550 to $279,450 at 8.75% the highest tax bracket. Tax rate of 8.75% on taxable income over $279,450.įor the Single, Married Filing Jointly, Married Filing Separately, and Head of Household filing statuses, the VT tax rates and the number of tax brackets remain the same.Tax rate of 3.35% on the first $75,850 of taxable income.Tax rate of 8.75% on taxable income over $229,550.įor married taxpayers living and working in the state of Vermont:.Tax rate of 3.35% on the first $45,400 of taxable income.To the highest VT tax rate bracket of 8.75%.įor single taxpayers living and working in the state of Vermont: We can also see the progressive nature of Vermont state income tax rates from the lowest VT tax rate bracket of 3.35% Individual income taxes differently for Single versus Married filing Looking at the tax rate and tax brackets shown in the tables aboveįor Vermont, we can see that Vermont collects The Vermont income tax rate tables and tax brackets shown on this web page are for illustration purposes only. Vermont income tax forms are generally published at the end of each calendar year, which will include any last minute 2023 - 2024 legislative changes to the VT tax rate or tax brackets. Please reference the Vermont tax forms and instructions booklet published by the Vermont Department of Taxes to determine if you owe state income tax or are due a state income tax refund. Source: 2023 Preliminary Vermont Tax Rates, published by the Vermont Department of Taxes. Vermont Head of Household Tax Brackets Income Tax Bracket Vermont Married Filing Separately Tax Brackets Income Tax Bracket Vermont Married Filing Jointly Tax Brackets Income Tax Bracket Vermont Single Income Tax Brackets Income Tax Bracket
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