|Tax Bracket (Single)||Marginal Tax Rate|
|Tax Bracket (Married)||Marginal Tax Rate|
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Vermont has five 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.
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.
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.
Please note: Our Vermont tax brackets are currently from tax year 2014. Many states adjust their tax brackets yearly, and we will update the Vermont tax brackets for 2015 as soon as they become available.
If you would like to file your Vermont income tax return by mail, you can download 2015 Vermont tax forms here.
Your 2015 income tax return was due on April 15th, 2016. The IRS and Vermont will soon be accepting tax returns, so you can start your online tax return today for free with TurboTax.
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 a .CSV file of the Vermont income tax brackets|
|Download or print Vermont income tax forms|
- 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.
- Vermont tax return forms are available on the Vermont tax forms page or the Vermont Department of Revenue.
- Before the official 2016 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.
- The income tax estimator tool is provided by Tax-Rates.org.