Get CONTINUED ON BACK Vermont Department Of Taxes 133 State ... - Tax Vermont

Vermont has a graduated individual income tax, with rates ranging from 3.35 percent to 8.75 percent. Vermont also has a graduated corporate income tax, with rates ranging from 6.00 percent to 8.5 percent.

Nonresidents with a filing requirement will file Form IN-111, Vermont Income Tax Return and Schedule IN-113, Income Adjustment Calculations.

You must file an income tax return in Vermont: if you are a resident, part-year resident of Vermont, or a nonresident but earned Vermont income, and. if you are required to file a federal income tax return, and.

Income Tax Brackets Single FilersVermont Taxable IncomeRate$0 - $42,1503.35%$42,150 - $102,2006.60%$102,200 - $213,1507.60%1 more row • Jan 1, 2023

Email: tax.vttaxdept@vermont.gov Hours: Monday to Friday, 7:45 a.m. - 4:30 p.m.

Vermont Sales Tax is charged on the retail sales of tangible personal property unless exempted by law. The sales tax rate is 6%. Vermont Use Tax is imposed on the buyer at the same rate as the sales tax.

The Vermont credit can be taken in an amount equal to 27% of the federal tax credit allowed in the taxable year. This credit applies to personal income tax or business or corporate income tax. Any unused credit available may be carried forward up to 10 years.

Vermont Sales Tax is charged on the retail sales of tangible personal property unless exempted by law. The sales tax rate is 6%.