Instructions For Form In-111 Page 11

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2017 VT Rate Schedules
Schedule X
Married Filing Separately, Schedule Y-2
Single Individuals,
Use if your filing status is:
Use if your filing status is:
Married Filing Separately; or Civil Union Filing Separately
Single
If VT Taxable
But Not
VT Base
Plus
of the
If VT Taxable
But Not
VT Base
Plus
of the
Income is Over
Over
Tax is
amount over
Income is Over
Over
Tax is
amount over
0
37,900
0 .00
3 .55%
0
0
31,650
0 .00
3 .55%
0
37,900
75,000
1,345 .00
6 .80%
37,900
31,650
75,000
1,124 .00
6 .80%
31,650
TAXABLE INCOME UNDER $75,000 USE THE TAX TABLES
TAXABLE INCOME UNDER $75,000 USE THE TAX TABLES
75,000
91,850
3,868 .00
6 .80%
75,000
75,000
76,550
4,071 .00
6 .80%
75,000
91,850
191,650
5,014 .00
7 .80%
91,850
76,550
116,650
4,177 .00
7 .80%
76,550
191,650
416,650
12,798 .00
8 .80%
191,650
116,650
208,325
7,305 .00
8 .80%
116,650
416,650
-
32,598 .00
8 .95%
416,650
208,325
-
15,372 .00
8 .95%
208,325
Married Filing Jointly, Schedule Y-1
Heads of Household, Schedule Z
Use if your filing status is:
Use if your filing status is:
Married Filing Jointly; Qualifying Widow(er); or Civil Union Filing Jointly
Head of Household
If VT Taxable
But Not
VT Base
Plus
of the
If VT Taxable
But Not
VT Base
Plus
of the
Income is Over
Over
Tax is
amount over
Income is Over
Over
Tax is
amount over
0
63,300
0 .00
3 .55%
0
0
50,800
0 .00
3 .55%
0
63,300
75,000
2,247 .00
6 .80%
63,300
50,800
75,000
1,803 .00
6 .80%
50,800
TAXABLE INCOME UNDER $75,000 USE THE TAX TABLES
TAXABLE INCOME UNDER $75,000 USE THE TAX TABLES
75,000
153,100
3,043 .00
6 .80%
75,000
75,000
131,200
3,449 .00
6 .80%
75,000
153,100
233,300
8,354 .00
7 .80%
153,100
131,200
212,450
7,271 .00
7 .80%
131,200
233,300
416,650
14,609 .00
8 .80%
233,300
212,450
416,650
13,608 .00
8 .80%
212,450
416,650
-
30,744 .00
8 .95%
416,650
416,650
-
31,578 .00
8 .95%
416,650
Example: VT Taxable Income is $82,000 (Form IN-111, Line 15) . Filing Status is Married Filing Jointly . Use Schedule Y-1 . Base Tax is
$3,043 . Subtract $75,000 from $82,000 . Multiply the result ($7,000) by 6 .8% . Add this amount ($476) to Base Tax ($3,043) for VT Tax of
$3,519 . Enter $3,519 on Form IN-111, Line 16 .
Please note: For Adjusted Gross Incomes (IN-111, Line 10) exceeding $150,000, Line 16 is the greater 1) of 3% of Adjusted Gross Income
less interest from U .S . obligations, or 2) Tax Rate Schedule/Tax Table calculation .
2017 Form IN-111 Instructions
Page 11 of 18

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