Vermont State Tax Filing

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Vermont Tax Details

The Vermont Department of Taxes made a few changes for the 2018 tax year. Vermont tax rates are lower. Vermont income now starts wih federal adjusted gross income instead of federal taxable income. Vermont taxpayers now have a standard deduction and personal exemptions.

Vermont taxpayers are able to deduct 5% of charitable contributions. Also new, Vermont taxpayers are able to deduct all or most of their federal taxable social security benefits.

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