Vermont Paycheck Calculator

Calculate your take-home pay per paycheck for salary and hourly jobs after federal & Vermont taxes

Updated for 2024 tax year on Apr 24, 2024

What was updated? 2024 federal/state/local income taxes, FICA, state payroll tax, federal/state standard deduction & state exemptions

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How to calculate your Vermont paycheck

Overview of Vermont

Vermont has a population of under 1 million (2019) and is one of the least populous states in the USA. The median household income is $57,513 (2017).

Brief summary:

  • the income tax rate ranges from 3.35% to 8.75%
  • no state-level payroll tax
  • able to claim standard deduction and exemptions
Vermont United States

Understanding your Vermont paycheck

Firstly, your Vermont paycheck is subject to two federal taxes – income tax and Federal Insurance Contributions Act (FICA). Federal income tax is progressive and higher earners pay more. FICA tax is broken down into Social Security and Medicare. Your employer is responsible for withholding these taxes.

An additional Medicare tax applies for those earning more than $200,000. This extra 0.9% is only applied to the employee portion, and employers do not need to match this additional tax.

Your federal tax withholding is determined by the information you provide on Form W-4. This form helps your employer work out the correct amount of federal withholdings based on your filing status, dependents, and other factors. Your pay frequency, weekly, biweekly, or monthly, will also affect the taxes withheld from each paycheck.

Your marital status determines your tax withholding, influencing your tax bracket and the applicable standard deduction. Also, consider using pre-tax deductions, such as 401(k) contributions. These deductions will reduce your taxable income, thus lowering your overall tax liability.

Contrary to the original prompt, Vermont does impose a progressive state income tax. The state has no payroll or local income tax.

Vermont does not have a state standard deduction but offers personal exemptions. These exemptions help lower your taxable income and can vary based on age, disability status, and income level.

Post-tax deductions are amounts taken from your paycheck after taxes are withheld. These deductions can include union dues, charitable contributions, or wage garnishments for child support or other court-ordered payments. Post-tax deductions do not affect your taxable income but may still impact your overall take-home pay.

Calculate your Vermont paycheck

Calculating your Vermont state income tax is similar to the steps we listed on our main paycheck calculator page:

  1. Determine your gross income
    • Annual salary
      Annual salary = Gross income
    • Hourly wage
      Hourly wage × Hours worked per day × Days worked per week × Weeks worked per year = Your weekly paycheck
  2. Work out your total federal income tax
    1. Gross income adjusted
      Gross income − Pre-tax deductions = Gross income adjusted
    2. Federal taxable income
      Gross income adjusted − Federal standard/itemized deductions = Federal taxable income
    3. Federal income tax liability
      Federal taxable income × Federal income tax rate = Federal income tax liability
    4. Federal payroll tax liability
      Gross income adjusted × Federal payroll tax rate = Federal payroll tax liability
  3. Calculate your total Vermont state income tax
    1. State taxable income
      Gross income adjusted − (State standard/itemized deductions + State exemptions) = State taxable income
    2. State income tax liability
      State taxable income × State income tax rate = State income tax liability
  4. Figure out your net pay
    You need to account for any other deductions such as health insurance, 401(k) contribution, as well as additional withholdings.
    Gross income − (Total income tax liability + Total payroll tax liability + Total pre-tax deductions + Total post-tax deductions + Total withholdings) = Your net pay
  5. Divide your net pay by your pay frequency
    • Daily
      Your net pay / Days worked per week / Weeks worked per year = Your daily paycheck
    • Weekly
      Your net pay / 52 = Your weekly paycheck
    • Bi-weekly
      Your net pay / 26 = Your bi-weekly paycheck
    • Semi-monthly
      Your net pay / 24 = Your semi-monthly paycheck
    • Monthly
      Your net pay / 12 = Your monthly paycheck
    • Quarterly
      Your net pay / 4 = Your quarterly paycheck
    • Semi-annual
      Your net pay / 2 = Your semi-annual paycheck
    • Annual
      Your net pay = Your annual paycheck

State income tax brackets

Each filer type has different progressive tax rates. Refer to Tax Foundation for more details.

Tax year Filing status Taxable income Rate
2023 Single $0 - $45,400 3.35%
$45,400 - $110,050 6.6%
$110,050 - $229,550 7.6%
$229,550+ 8.75%
Married, Filing Jointly or Widow(er) $0 - $75,850 3.35%
$75,850 - $183,400 6.6%
$183,400 - $279,450 7.6%
$279,450+ 8.75%
Married, Filing Separately $0 - $37,925 3.35%
$37,925 - $91,700 6.6%
$91,700 - $139,725 7.6%
$139,725+ 8.75%
Head of Household $0 - $60,850 3.35%
$60,850 - $157,150 6.6%
$157,150 - $254,500 7.6%
$254,500+ 8.75%
2022 Single $0 - $42,150 3.35%
$42,150 - $102,200 6.6%
$102,200 - $213,150 7.6%
$213,150+ 8.75%
Married, Filing Jointly or Widow(er) $0 - $70,450 3.35%
$70,450 - $170,300 6.6%
$170,300 - $259,500 7.6%
$259,500+ 8.75%
Married, Filing Separately $0 - $35,225 3.35%
$35,225 - $85,150 6.6%
$85,150 - $129,750 7.6%
$129,750+ 8.75%
Head of Household $0 - $56,500 3.35%
$56,500 - $145,950 6.6%
$145,950 - $236,350 7.6%
$236,350+ 8.75%
2021 Single $0 – $40,950 3.35%
$40,950 – $99,200 6.6%
$99,200 – $206,950 7.6%
$206,950+ 8.75%
Married, Filing Jointly or Widow(er) $0 – $68,400 3.35%
$68,400 – $165,350 6.6%
$165,350 – $251,950 7.6%
$251,950+ 8.75%
Married, Filing Separately $0 – $34,200 3.35%
$34,200 – $82,675 6.6%
$82,675 – $125,975 7.6%
$125,975+ 8.75%
Head of Household $0 – $54,850 3.35%
$54,850 – $141,700 6.6%
$141,700 – $229,450 7.6%
$229,450+ 8.75%
2020 Single $0 – $40,350 3.35%
$40,350 – $97,800 6.6%
$97,800 – $204,000 7.6%
$204,000+ 8.75%
Married, Filing Jointly or Widow(er) $0 – $67,450 3.35%
$67,450 – $163,000 6.6%
$163,000 – $248,350 7.6%
$248,350+ 8.75%
Married, Filing Separately $0 – $33,725 3.35%
$33,725 – $81,500 6.6%
$81,500 – $124,175 7.6%
$124,175+ 8.75%
Head of Household $0 – $54,100 3.35%
$54,100 – $139,650 6.6%
$139,650 – $226,200 7.6%
$226,200+ 8.75%

State standard deduction

Tax year Filing status Standard deduction amount
2023 Single
Married, Filing Separately
$7,000
Married, Filing Jointly $14,050
Head of Household $10,550
2022 Single
Married, Filing Separately
$6,500
Married, Filing Jointly $13,050
Head of Household $9,800
2021 Single
Married, Filing Separately
$6,350
Married, Filing Jointly $12,700
Head of Household $9,500
2020 Single
Married, Filing Separately
$6,250
Married, Filing Jointly $12,500
Head of Household $9,400

State exemptions

There are state-level exemptions for all types of filers and dependents.

Tax year Filing status Personal exemption amount
2024 Single
Married, Filing Separately
Head of Household
$4,850
Married, Filing Jointly or Widow(er) $9,700
Dependent(s) $4,850
2023 Single
Married, Filing Separately
Head of Household
$4,500
Married, Filing Jointly or Widow(er) $9,000
Dependent(s) $4,500
2022
2021
Single
Married, Filing Separately
Head of Household
$4,350
Married, Filing Jointly or Widow(er) $8,700
Dependent(s) $4,350
2020 Single
Married, Filing Separately
Head of Household
$4,250
Married, Filing Jointly or Widow(er) $8,500
Dependent(s) $4,250

FAQs

What taxes do Vermonters pay?

There is no state-level payroll tax. The state-level income tax ranges from 3.35% to 8.75%.

How much do you make after taxes in Vermont?

For a single filer with an annual income of $58,000, the take-home pay is $46,752.90.
The take-home pay for a married couple with a combined income of $116,000 will be $93,059.

How much taxes are deducted from a $58,000 paycheck in Vermont?

The total taxes deducted for a single filer are $937.26 monthly or $432.58 bi-weekly.