Vermont Income Tax Calculator
Calculate your total tax burden in Vermont. See VT state income tax (8.75% top rate), federal tax, and FICA combined. Free, instant, private.
Vermont Income Tax Calculator
Pre-filled with Vermont median: $63,477
Your Total Tax Burden
$12,687
Take-Home: $50,790 · Effective Rate: 20.0%
Federal Tax
$5,579
8.8% eff.
VT State Tax
$2,252
3.5% eff.
FICA
$4,856
7.6% eff.
Take-Home
$50,790
80.0% kept
Tax Breakdown
Vermont Tax Bracket Breakdown
| Item | Annual | Monthly |
|---|---|---|
| Gross Income | $63,477.00 | $5,289.75 |
| Federal Income Tax | -$5,578.94 | -$464.91 |
| Vermont State Tax | -$2,251.98 | -$187.67 |
| Social Security (6.2%) | -$3,935.57 | -$327.96 |
| Medicare (1.45%) | -$920.42 | -$76.70 |
| Take-Home Pay | $50,790.09 | $4,232.51 |
Marginal Tax Rate
8.75%
VT state only
Effective Tax Rate
20.0%
All taxes combined
Vermont Tax System Overview
Vermont has four brackets from 3.35% to 8.75%. Property taxes among the highest at 1.83%. Estate tax with $5M exemption. 40% exclusion on VT business/farm capital gains.
Vermont Income Tax Brackets (Single)
| Tax Rate | Income Range |
|---|---|
| 3.35% | $0 – $45,400 |
| 6.6% | $45,400 – $110,050 |
| 7.6% | $110,050 – $229,550 |
| 8.75% | $229,550 – and above |
Top Income Tax
8.75%
Property Tax
1.83%
Sales Tax (Avg)
6.24%
Median Income
$63,477
Other Taxes in Vermont
Capital Gains Tax
40% exclusion on VT business/farm gains up to $350K
Property Tax
Average effective rate of 1.83%. On a $300,000 home, this equals approximately $5,490 per year, or $458 per month.
Sales Tax
State rate of 6%, with a combined average of 6.24% including local taxes.
Estate & Inheritance Tax
Vermont has a state estate tax in addition to the federal estate tax. The exemption may be lower than the federal threshold.
Filing Tips for Vermont
High rates make pre-tax contributions important. Use 40% capital gains exclusion on VT business/farm sales. EITC at 38% of federal. Homeowner and Renter Rebate programs offset property taxes.
- Maximize pre-tax contributions to 401(k) ($23,500 limit in 2026, $31,000 if 50+) to reduce both federal and VT state taxable income.
- Use an HSA if you have a high-deductible health plan. Contributions ($4,300 individual, $8,550 family) are pre-tax and reduce your tax burden.
- Review your W-4. If you regularly get large refunds, adjust your withholding to keep more money in each paycheck throughout the year.
Compare Vermont to Nearby States
If you lived in a neighboring state instead, here is how your state tax would change on $63,477 income:
| State | Top Rate | State Tax | Difference |
|---|---|---|---|
| Vermont | 8.75% | $2,252 | — |
| New Hampshire | None | $0 | Save $2,252 |
| Massachusetts | 5% | $3,174 | +$922 |
| New York | 10.9% | $2,886 | +$634 |
Explore All 50 State Tax Calculators
Compare income tax rates, property taxes, and sales taxes across all US states and DC.
View All StatesRelated Tax Calculators
Frequently Asked Questions
What is the income tax rate in Vermont?
Vermont has a progressive income tax with a top rate of 8.75%. Tax rates increase as income rises through various brackets. Four brackets to 8.75%. High property taxes (1.83%). Estate tax ($5M). VT business/farm capital gains exclusion.
How much state tax will I pay in Vermont on $63,477?
On income of $63,477 filing single in Vermont, you would pay approximately $2,252 in state income tax (effective rate of 3.5%). This is after the state standard deduction of $7,000.
Does Vermont tax capital gains?
40% exclusion on VT business/farm gains up to $350K. Capital gains treatment varies by state — some tax them as regular income while others offer exclusions or preferential rates.
How does Vermont compare to neighboring states for taxes?
Vermont's neighboring states include New Hampshire (no income tax), Massachusetts (5% top rate), New York (10.9% top rate). Property tax rates, sales taxes, and cost of living should also be considered when comparing overall tax burden. Use the calculator above to compare your specific tax liability across states.