2013 Vermont Income Tax Table – Tax Brackets

What is my Vermont tax bracket 2012 – 2013?Vermont Tax Brackets

Technically, you don’t have just one “tax bracket” – you pay all of the Vermont marginal tax rates from the lowest tax bracket to the tax bracket in which you earned your last dollar. For comparison purposes, however, your 2012 – 2013 Vermont tax bracket is the tax bracket in which your last earned dollar in any given tax period falls.

You can think of the bracketed income tax as a flat amount for all of the money you earned up to your highest tax bracket, plus a marginal percentage of any amounts you earned over that.

Single Tax Brackets 2012 – 2013

For earnings between $0.00 and $34,500, you’ll pay 3.55%

For earnings between $34,500.00 and $83,600, you’ll pay 6.80% plus $1,224.75

For earnings between $83,600.00 and $174,400, you’ll pay 7.80% plus $4,563.55

For earnings between $174,400.00 and $379,150, you’ll pay 8.80% plus $11,645.95

For earnings over $379,150.00, you’ll pay 8.95% plus $29,663.95

Couples Tax Brackets 2012 -2013

For earnings between $0.00 and $57,650, you’ll pay 3.55%

For earnings between $57,650.00 and $139,350, you’ll pay 6.80% plus $2,046.57

For earnings between $139,350.00 and $212,300, you’ll pay 7.80% plus $7,602.18

For earnings between $212,300.00 and $379,150, you’ll pay 8.80% plus $13,292.28

For earnings over $379,150.00, you’ll pay 8.95% plus $27,975.08

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