46 tax.vermont.gov 2025 Vermont Tax Rate Schedules Example: Vermont Taxable Income is $85,000 (Form IN-111, Line 7). Filing Status is Married Filing Jointly. Use Schedule Y-1. Base Tax is $2,764. Subtract $82,500 from $85,000. Multiply the result ($2,500) by 6.6%. Add this amount ($165) to Base Tax ($2,764) for Vermont Tax of $2,929. Enter $2,929 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 calculation. Heads of Household, Schedule Z Use if your filing status is: Head of Household If VT Taxable But Not VT Base Plus of the Income is Over Over Tax is

amount over

0 66,200 0.00 3.35% 0

66,200 75,000 2,218.00 6.60% 66,200 TAXABLE INCOME UNDER $75,000 USE THE TAX TABLES

75,000 171,000 2,799.00 6.60% 75,000 171,000 276,850 9,135.00 7.60% 171,000 276,850 - 17,179.00 8.75% 276,850 Married Filing Jointly, Schedule Y-1 Use if your filing status is: Married Filing Jointly; Qualifying Widow(er); or Civil Union Filing Jointly

0 75,000 0.00 3.35% 0 TAXABLE INCOME UNDER $75,000 USE THE TAX TABLES

75,000 82,500 2,513.00 3.35% 75,000

82,500 199,450 2,764.00 6.60% 82,500

199,450 304,000 10,482.00 7.60% 199,450

304,000 - 18,428.00 8.75% 304,000 If VT Taxable But Not VT Base Plus of the Income is Over Over Tax is

amount over Single Individuals, Schedule X Use if your filing status is: Single If VT Taxable But Not VT Base Plus of the Income is Over Over Tax is

amount over

0 49,400 0.00 3.35% 0

49,400 75,000 1,655.00 6.60% 49,400 TAXABLE INCOME UNDER $75,000 USE THE TAX TABLES

75,000 119,700 3,345.00 6.60% 75,000

119,700 249,700 6,295.00 7.60% 119,700

249,700 - 16,175.00 8.75% 249,700 Married Filing Separately, Schedule Y-2 Use if your filing status is: Married Filing Separately; or Civil Union Filing Separately

0 41,250 0.00 3.35% 0

41,250 75,000 1,382.00 6.60% 41,250 TAXABLE INCOME UNDER $75,000 USE THE TAX TABLES

75,000 99,725 3,609.00 6.60% 75,000

99,725 152,000 5,241.00 7.60% 99,725 152,000 - 9,214.00 8.75% 152,000 If VT Taxable But Not VT Base Plus of the Income is Over Over Tax is

amount over 2025 Vermont Rate Schedules Page 1 of 1 tax.vermont.gov