{
  "$comment": "Vermont 2025: four-bracket schedules by status on federal AGI less VT standard deduction and $5,300 personal exemptions. Child Care Contribution: employer may withhold up to 0.11% of wages (modelled at the maximum).",
  "country": "us",
  "jurisdiction": "us-vt",
  "taxYear": "2025",
  "period": {
    "start": "2025-01-01",
    "end": "2025-12-31",
    "tz": "America/New_York"
  },
  "status": "provisional",
  "engine": "us-payroll@1",
  "currency": "USD",
  "revision": 1,
  "params": {
    "incomeTax": {
      "kind": "brackets",
      "incomeBase": "stateWages",
      "brackets": {
        "single": [
          {
            "upTo": "49400",
            "rate": "0.0335"
          },
          {
            "upTo": "119700",
            "rate": "0.066"
          },
          {
            "upTo": "249700",
            "rate": "0.076"
          },
          {
            "upTo": null,
            "rate": "0.0875"
          }
        ],
        "mfj": [
          {
            "upTo": "82500",
            "rate": "0.0335"
          },
          {
            "upTo": "199450",
            "rate": "0.066"
          },
          {
            "upTo": "304000",
            "rate": "0.076"
          },
          {
            "upTo": null,
            "rate": "0.0875"
          }
        ],
        "mfs": [
          {
            "upTo": "41250",
            "rate": "0.0335"
          },
          {
            "upTo": "99725",
            "rate": "0.066"
          },
          {
            "upTo": "152000",
            "rate": "0.076"
          },
          {
            "upTo": null,
            "rate": "0.0875"
          }
        ],
        "hoh": [
          {
            "upTo": "66200",
            "rate": "0.0335"
          },
          {
            "upTo": "171000",
            "rate": "0.066"
          },
          {
            "upTo": "276850",
            "rate": "0.076"
          },
          {
            "upTo": null,
            "rate": "0.0875"
          }
        ]
      },
      "deductions": [
        {
          "type": "fixed",
          "id": "standard-deduction",
          "label": "Vermont standard deduction",
          "amount": {
            "single": "7650",
            "mfj": "15300",
            "mfs": "7650",
            "hoh": "11450"
          }
        },
        {
          "type": "perPerson",
          "id": "personal-exemptions",
          "label": "Vermont personal exemptions",
          "filer": {
            "single": "5300",
            "mfj": "10600",
            "mfs": "5300",
            "hoh": "5300"
          },
          "perDependent": "5300"
        }
      ],
      "credits": []
    },
    "conformity": {
      "k401": true,
      "k403b": true,
      "k457": true,
      "hsa": true,
      "healthFsa": true,
      "dependentCareFsa": true,
      "section125": true
    },
    "programmes": [
      {
        "id": "ccc",
        "label": "Child Care Contribution (maximum employee share 0.11% of 0.44%)",
        "rate": "0.0011",
        "wageBase": null,
        "annualCap": null,
        "weeklyCap": null,
        "base": "stateWages",
        "employerRate": "0.0033"
      }
    ]
  },
  "rounding": {
    "unit": "0.01",
    "mode": "halfUp",
    "stage": "perLine"
  },
  "knownCliffs": [],
  "notModelled": [
    "Minimum tax for federal AGI over $150,000 (greater of 3% of AGI or schedule tax) — never binds for wage-only filers using the standard deduction (schedule tax exceeds 3% of AGI), so not modelled",
    "Vermont child tax credit, earned income tax credit, child and dependent care credit, and other credits",
    "Age 65+/blind additional standard deduction ($1,250 each)",
    "Income adjustment for nonresidents/part-year residents; Social Security/retirement exemptions",
    "Employer choice to withhold less than 0.11% Child Care Contribution (modelled at the maximum)"
  ],
  "sources": [
    {
      "field": "period",
      "url": "https://tax.vermont.gov/sites/tax/files/documents/IN-111-Instr-2025.pdf",
      "title": "2025 Form IN-111 instructions — calendar tax year",
      "retrieved": "2026-10-07"
    },
    {
      "field": "rounding",
      "url": "https://tax.vermont.gov/sites/tax/files/documents/IN-111-Instr-2025.pdf",
      "title": "IN-111 — MoneyOtter rounds each line to the cent",
      "retrieved": "2026-10-07"
    },
    {
      "field": "params.incomeTax.kind",
      "url": "https://tax.vermont.gov/sites/tax/files/documents/TaxRateSched-2025.pdf",
      "title": "2025 Vermont Tax Rate Schedules X, Y-1, Y-2, Z",
      "retrieved": "2026-10-07"
    },
    {
      "field": "params.incomeTax.incomeBase",
      "url": "https://tax.vermont.gov/sites/tax/files/documents/IN-111-Instr-2025.pdf",
      "title": "2025 IN-111 instructions line 1 — federal adjusted gross income",
      "retrieved": "2026-10-07"
    },
    {
      "field": "params.incomeTax.brackets",
      "url": "https://tax.vermont.gov/sites/tax/files/documents/TaxRateSched-2025.pdf",
      "title": "2025 Vermont Tax Rate Schedules (3.35/6.60/7.60/8.75%)",
      "retrieved": "2026-10-07"
    },
    {
      "field": "params.incomeTax.deductions",
      "url": "https://tax.vermont.gov/sites/tax/files/documents/IN-111-Instr-2025.pdf",
      "title": "2025 IN-111 instructions line 4 standard deduction ($7,650 single/MFS, $15,300 MFJ, $11,450 HoH) and line 5e ($5,300 per exemption)",
      "retrieved": "2026-10-07"
    },
    {
      "field": "params.incomeTax.credits",
      "url": "https://tax.vermont.gov/sites/tax/files/documents/IN-111-Instr-2025.pdf",
      "title": "No general personal credit; credits listed in notModelled",
      "retrieved": "2026-10-07"
    },
    {
      "field": "params.conformity",
      "url": "https://tax.vermont.gov/sites/tax/files/documents/IN-111-Instr-2025.pdf",
      "title": "IN-111 starts from federal AGI — federal pre-tax exclusions flow through",
      "retrieved": "2026-10-07"
    },
    {
      "field": "params.programmes",
      "url": "https://tax.vermont.gov/business/child-care-contribution",
      "title": "VT Department of Taxes — Child Care Contribution 0.44% of wages (26 U.S.C. §3401 wages), employer may withhold up to 25% (0.11%) from employees; collection began July 1, 2024; no wage cap",
      "retrieved": "2026-10-07"
    },
    {
      "field": "params.programmes",
      "url": "https://tax.vermont.gov/sites/tax/files/documents/GB-1210-2025.pdf",
      "title": "GB-1210-2025 — Child Care Contribution applies to wages subject to Vermont income tax withholding",
      "retrieved": "2026-10-07"
    }
  ]
}