tax.vermont.gov 2022 Vermont Tax Rate Schedules Example: VT Taxable Income is $82,000 (Form IN-111, Line 7). Filing Status is Married Filing Jointly. Use Schedule Y-1. Base Tax is $2,660. Subtract $75,000 from $82,000. Multiply the result ($7,000) by 6.6%. Add this amount ($462) to Base Tax ($2,660) for Vermont Tax of $3,122. Enter $3,122 on Form IN-111, Line 8. Please note: For Adjusted Gross Incomes (IN-111, Line 1) exceeding $150,000, Line 8 is the greater of 1) 3% of Adjusted Gross Income less interest from U.S. obligations, or 2) Tax Rate Schedule/Tax Table calculation. Single Individuals, Schedule X Use if your filing status is: Single 0 42,150 0.00 3.35% 0

42,150 75,000 1,412.00 6.60% 42,150 TAXABLE INCOME UNDER $75,000 USE THE TAX TABLES 75,000 102,200 3,580.00 6.60% 75,000

102,200 213,150 5,375.00 7.60% 102,200

213,150 - 13,808.00 8.75% 213,150 If VT Taxable But Not VT Base Plus of the Income is Over Over Tax is amount over Married Filing Jointly, Schedule Y-1 Use if your filing status is: Married Filing Jointly; Qualifying Widow(er); or Civil Union Filing Jointly 0 70,450 0.00 3.35% 0

70,450 75,000 2,360.00 6.60% 70,450 TAXABLE INCOME UNDER $75,000 USE THE TAX TABLES 75,000 170,300 2,660.00 6.60% 75,000

170,300 259,500 8,950.00 7.60% 170,300

259,500 - 15,729.00 8.75% 259,500 If VT Taxable But Not VT Base Plus of the Income is Over Over Tax is amount over Heads of Household, Schedule Z Use if your filing status is: Head of Household 0 56,500 0.00 3.35% 0

56,500 75,000 1,893.00 6.60% 56,500 TAXABLE INCOME UNDER $75,000 USE THE TAX TABLES 75,000 145,950 3,114.00 6.60% 75,000 145,950 236,350 7,796.00 7.60% 145,950 236,350 - 14,667.00 8.75% 236,350 If VT Taxable But Not VT Base Plus of the Income is Over Over Tax is amount over Married Filing Separately, Schedule Y-2 Use if your filing status is: Married Filing Separately; or Civil Union Filing Separately 0 35,225 0.00 3.35% 0 35,225 75,000 1,180.00 6.60% 35,225 TAXABLE INCOME UNDER $75,000 USE THE TAX TABLES 75,000 85,150 3,805.00 6.60% 75,000

85,150 129,750 4,475.00 7.60% 85,150 129,750 - 7,865.00 8.75% 129,750 If VT Taxable But Not VT Base Plus of the Income is Over Over Tax is amount over 2022 Vermont Tax Rate Schedules Page 1 of 1