USA State Taxes

VERMONT (VT)

STATE INCOME TAX (SIT)

Description	Amount	Effective Date	Website	Deposit Method / Frequency / Threshold	Forms
Wage Withholding	Tables		Agency of Administration, Department of Taxes - Withholding Tax (including Charts & Tables) Register Business - Online Business Service Center	Semi-Weekly EFT $9,000 or more per quarter. Tie to Fed. Monthly Check $2,500.00 - $8,999.99 per quarter. Due by 25th of following month (except Jan pymt due 23-Feb). Quarterly - tied to Federal quarterly or annual. Must file electronically. Register, File and Pay at myVtax	Forms Quarterly Withholding Reconciliation - WHT-436 Annual Withholding Reconciliation - WHT-434 Use Federal W4 or Vermont Withholding Allowance Certificate - W-4 VT
Supplemental Wage / Bonus Rate	30% of Federal Tax

Description

Amount

Effective Date

Website

Deposit Method / Frequency / Threshold

Forms

Wage Withholding

Tables

Agency of Administration, Department of Taxes - Withholding Tax (including Charts & Tables)

Semi-Weekly EFT $9,000 or more per quarter. Tie to Fed.

Monthly Check $2,500.00 - $8,999.99 per quarter. Due by 25th of following month (except Jan pymt due 23-Feb).

Quarterly - tied to Federal quarterly or annual.

Must file electronically.

Forms

Quarterly Withholding Reconciliation - WHT-436

Annual Withholding Reconciliation - WHT-434

Use Federal W4 or Vermont

Withholding Allowance Certificate - W-4 VT

Supplemental Wage / Bonus Rate

30% of Federal Tax

Notes:

No reciprocal agreement between states.

STATE UNEMPLOYMENT INSURANCE (SUI)

Description	Amount	Effective Date	Website	Deposit Method / Frequency / Threshold	Forms
Maximum Taxable Earnings	$14,300	Increase from $13,500 in 2023	Department of Labor UI - Information and Rates	Quarterly Setup Tax Account, Register VT Internet Tax & Wage System (VITWS)	Forms and Employer Information Manual Quarterly Wage Report - C-147
Employee Deduction	None
Employer Tax Rate	0.4 – 5.4%	Unchanged from 2023
New Employment Rate - Standard	1.0%	Unchanged from 2023
Voluntary Contribution Permitted	No

NEW HIRE REPORTING

Website	Frequency / Method	Forms
New Hire	Within 10 days of the first day services are actually performed for compensation, or was previously employed by the employer but has been separated from such prior employment for at least 60 consecutive days. Register

Website

Frequency / Method

Forms

New Hire

Within 10 days of the first day services are actually performed for compensation, or was previously employed by the employer but has been separated from such prior employment for at least 60 consecutive days.

WEBSITES

State Agencies, Employment and Business

Disclaimer: This information is for reference only. To ensure accurate set up, we highly recommend that the information is verified with the applicable federal and state/provincial agencies. TimeTrex makes no claims, guarantees, or promises about the accuracy, current status, or completeness of the information provided. In no event shall TimeTrex be liable for any errors or omissions with respect to any resource information.

Last updated Jan 2024