Vermont Direct Deposit Form for Stimulus Check
Description
How to fill out Direct Deposit Form For Stimulus Check?
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FAQ
byState Comparison of Income Tax Rates StateTax RatesLowest and Highest Income BracketsTennessee0%NoneTexas0%NoneUtah4.95%Flat rate applies to all incomesVermont3.35% to 8.75%$42,150 and $213,15047 more rows ?
The Vermont Standard Deduction increases an average of $267. For tax year 2022, it is $13,050 for Married/CU Filing Jointly or Qualifying Widow(er), $6,500 for Single or Married/CU Filing Separately, $9,800 for Head of Household, and an additional $1,050 for individuals 65 and older and/or blind.
Vermont's personal exemption allowed for each taxpayer and dependent is: $4,500 for 2022. $4,350 for 2020 and 2021.
Note: If you are at least 65 years old or blind, you can claim an additional 2023 standard deduction of $1,850 (also $1,850 if using the single or head of household filing status).
All tax filers can claim this deduction unless they choose to itemize their deductions. For the 2022 tax year, the standard deduction is $12,950 for single filers ($13,850 in 2023), $25,900 for joint filers ($27,700 in 2023) and $19,400 for heads of household ($20,800 in 2023).
