Vermont State Tax Help and Forms (Subscribe)
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Vermont tax help, forms and answers to thousands of Vermont tax questions. Handy summary of all Vermont taxes, including corporate and individual Vermont income taxes, credits, exemptions, deductions and more. Includes Vermont estate, gift and inheritance tax, miscellaneous Vermont taxes, pass-through entity treatment, payroll taxes, property taxes and Vermont sales & use taxes.
Vermont ranks #41 on the State Business Tax Climate Index (TaxFoundation.org).|
Corporate Taxes
Rates & Brackets: 6%> $0 7%> $10,000 8.5%> $25,000 Loss Carry-back/fwd: 0 Years Back / 10 Years Forward (Unlimited) Throwback Sales?: Y Foreign Tax Deductible?: Y Alternative Minimum Tax (AMT): N Gross Receipts Tax: N Capital Stock (Net Worth) Tax?: N Credits and Incentives Job Credits?: Y R&D Credits?: Y Investment Credits?: Y Individual Taxes Rates & Brackets: 3.55%> $0 7%> $33,950 8.25%> $82,250 8.9%> $171,550 9.4%> $372,950 Local Option IT Rate: None Federal Inc used as Base?: Y Standard Deductions: Single $5,450 / Joint $10,900 Personal Exemptions/Credits (c): Single $3,500 / Joint $7,000 / Dependent $3,500 Federal Tax Deductible?: N State Tax Deductible?: Y Alternative Minimum Tax (AMT)?: N Inheritance, Gift, Estate, Death Taxes Gift Tax?: N Estate Tax?: Copies Federal Inheritance Tax?: N Generation-Skipping Tax?: N Miscellaneous Taxes Gas Tax: 20.0 cents/gallon Diesel Tax: 26.0 cents/gallon Cigarette Tax: 224.0 cents/20 pack Pass-through Entities LLC Pass-through Recognized?: Y S-Corp Pass-through Recognized?: Y Payroll Taxes Unemployment Insurance Tax Index (TaxFoundation.org): #18 Property Taxes Median Tax Paid on Homes (Rank): $3,281 (#8) Median Value of Homes: $214,700 Tax as % of Home Value (Rank): 1.53% (#7) Median Income of Homeowner: $62,857 Tax as % of Income (Rank): 5.22% (#4) Sales and Use Taxes State Rate: 6% County & City (Weighted Ave): None Combined State and Ave. Local Rates (Rank): 6% (#32) General Treatment of Services: Exempt Gas Exemption: Exempt Grocery Exemption: Exempt |
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Related Categories
- Taxes/State and Local Taxes/Multistate State Tax Help and Forms
- Taxes/State and Local Taxes/State Tax Tools/State Tax FAQs/Vermont State Tax Questions and Answers
Links
Vermont Statutes Title 32 from Lexis Publishing.
http://198.187.128.12/vermont/lpext.dll?f=templates&fn=fs-main.htm&2.0
Includes Technical Bulletins (by number, tax type, date of issue and statute reference), Formal Rulings (by year), and Regulations.
You can prepare and electronically file your Federal and Vermont income tax returns through a web site link or using purchased softward installed on your PC.
