2014 Vermont Income Tax Table
2013 - 2014
Tax Bracket (Single) Marginal Tax Rate
$0+ 3.55%
$36,250+ 6.80%
$87,850+ 7.80%
$183,250+ 8.80%
$398,350+ 8.95%
Tax Bracket (Couple) Marginal Tax Rate
$0+ 3.55%
$60,550+ 6.80%
$146,400+ 7.80%
$223,050+ 8.80%
$398,350+ 8.95%

Vermont has ten marginal tax brackets, ranging from 3.55% (the lowest Vermont tax bracket) to 8.95% (the highest Vermont tax bracket). Each marginal rate only applies to earnings within the applicable marginal tax bracket, which are the same in Vermont for single filers and couples filing jointly. The Federal Income Tax, by contrast, has different tax brackets for married, single, and Head of Household taxpayers.

Our Vermont tax brackets have been updated for tax year 2013. States often adjust their tax brackets on a yearly basis, so make sure you are using the current 2013 tax brackets!

Your 2013 income tax return is due on April 15th, 2014. The IRS and Vermont are now accepting eFiled returns and processing refunds, so you can start your online tax return today for free with TurboTax.

If you would like to file your Vermont income tax return by mail, you can download 2013 Vermont tax forms here.

What is my Vermont tax bracket?

Technically, you don't have just one "tax bracket" - you pay all of the Vermont marginal tax rates from the lowest tax bracket to the tax bracket in which you earned your last dollar. For comparison purposes, however, your Vermont tax bracket is the tax bracket in which your last earned dollar in any given tax period falls.

You can think of the bracketed income tax as a flat amount for all of the money you earned up to your highest tax bracket, plus a marginal percentage of any amount you earned over that.

For earnings between $0.00 and $36,250, you'll pay 3.55%
For earnings between $36,250.00 and $87,850, you'll pay 6.80% plus $1,286.87
For earnings between $87,850.00 and $183,250, you'll pay 7.80% plus $4,795.68
For earnings between $183,250.00 and $398,350, you'll pay 8.80% plus $12,236.88
For earnings over $398,350.00, you'll pay 8.95% plus $31,165.68
For earnings between $0.00 and $60,550, you'll pay 3.55%
For earnings between $60,550.00 and $146,400, you'll pay 6.80% plus $2,149.52
For earnings between $146,400.00 and $223,050, you'll pay 7.80% plus $7,987.33
For earnings between $223,050.00 and $398,350, you'll pay 8.80% plus $13,966.03
For earnings over $398,350.00, you'll pay 8.95% plus $29,392.43

Vermont Tax Estimator

You can use the income tax estimator to the left to calculate your approximate Vermont and Federal income tax based on the most recent tax brackets.

Keep in mind that this estimator assumes all income is from wages, assumes the standard deduction, and does not account for tax credits.

For a more detailed estimate that takes these factors into account, click "View Detailed Estimate" (this will will redirect to an external website).

Deductions

When calculating your Vermont income tax, keep in mind that the Vermont state income tax brackets are only applied to your adjusted gross income (AGI) after you have made any qualifying deductions.

Qualifying deductions might include an itemized deduction, the Vermont standard deduction, exemptions for dependants, business expenses, etc.

Remember that Vermont may have very different deduction laws from the Federal Income Tax, so you may have to write a whole new list of deductions for your Vermont income tax return.

Download Vermont Tax Data
Download the Vermont tax table for Excel or database applications Download a .CSV file of the Vermont income tax brackets
Download tax forms Download or print Vermont income tax forms
Where Our Tax Data Comes From
  1. The Vermont tax brackets on this page were last updated from the Vermont Department of Revenue in August, 2013. Please contact us if any of our Vermont tax data is incorrect or out of date.
  2. Vermont tax return forms are available from the TaxFormFinder.org or the Vermont Department of Revenue.
  3. Before the official 2014 Vermont income tax brackets are released, the brackets used on this page are an estimate based on the previous year's brackets. These numbers are subject to change if new Vermont tax tables are released.
  4. The income tax estimator tool is provided by Tax-Rates.org.