Additional Vermont Standard Deduction for Seniors and the Blind, or Both

Taxpayers who are age 65 or older and/or blind may deduct an additional $1,000 when determining the Vermont Standard Deduction on Form IN-111, Vermont Income Tax Return. To be eligible, you must also have qualified and received the deduction at the federal level. The amount will be adjusted annually for inflation. For more details, read the instructions for Form IN-111, Vermont Income Tax Return .