Vermont Head of Household Tax Brackets
Tax Year: 2023 | Due Date: April 15, 2024
The Vermont Head of Household filing status tax brackets are shown in the table below. These income tax brackets and rates apply to Vermont taxable income earned January 1, 2023 through December 31, 2023.
Tax Bracket | Tax Rate | ||
---|---|---|---|
$0 | to | $60,850 | 3.35% |
$60,851 | to | $157,150 | 6.6% |
$157,151 | to | $254,500 | 7.6% |
$254,501 | to | ∞ | 8.75% |
Residents of Vermont are also subject to federal income tax rates, and must generally file a federal income tax return by April 15, 2024. Read the Vermont income tax tables for Head of Household filers published inside the Form IN-111 Instructions booklet for more information.
What is the Vermont Head of Household income tax filing status?
There are five filing status available to Vermont state taxpayers: Single, Married Filing Jointly, Married Filing Separately, Head of Household, and Qualifying Widow. These five filing status are visible as check boxes on both the IRS Form 1040 and the Vermont Form IN-111.
Head of Household is the filing type you select if you are unmarried and provide a home to at least one qualifying child or dependent. Filing as Head of Household generally results in paying lower federal and Vermont state income tax rates compared to the other four filing statuses.
Head of Household status tax payers in most states have a relatively higher standard deduction and more family oriented credits available to help reduce their income tax liability.
Last updated: December 17, 2023