How much should freelancers in Vermont set aside for taxes?
As an estimate, a self-employed person in Vermont with $50,000 of profit should set aside about 23% of that profit, rising to about 27% at $100,000. That covers federal income tax and self-employment tax, plus Vermont state income tax. Here's where the numbers come from.
Vermont's 2026 income tax at a glance
Rates and brackets are as of January 1, 2026, for single filers, from the Tax Foundation's annual state survey. Married couples filing jointly usually get wider brackets.
| Vermont | |
|---|---|
| Structure | Graduated, 3.35% to 8.75% across 4 brackets |
| Top rate | 8.75% on single-filer income over $249,700 |
| Planning rate at $50,000 profit | 3.4% |
| Planning rate at $100,000 profit | 4.9% |
Picking a planning rate for a graduated tax
Vermont taxes each slice of income at a higher rate as you earn more, so there isn't one number. Our calculator takes a single state rate, so use your planning rate: the average Vermont rate on your income, before state deductions and credits. Because it skips those, it leans slightly high, which is the safe direction for a set-aside.
At $50,000 of profit that's about 3.4%; at $100,000 it's about 4.9%. Don't use the top rate (8.75%) unless your income is above $249,700. It would make you over-save.
| Single-filer taxable income over | Rate |
|---|---|
| $0 | 3.35% |
| $49,400 | 6.6% |
| $119,700 | 7.6% |
| $249,700 | 8.75% |
How much to set aside in Vermont
Estimated total tax as a share of profit for a single filer with no other job: federal income tax, self-employment tax and Vermont income tax, using 2026 rules and the standard deduction. Save this share of each payment after business expenses.
| Profit | Federal + SE tax | VT tax (est.) | Set aside |
|---|---|---|---|
| $30,000 | $5,181 | $934 | 20% |
| $50,000 | $9,732 | $1,557 | 23% |
| $75,000 | $15,495 | $2,995 | 25% |
| $100,000 | $22,365 | $4,528 | 27% |
| $150,000 | $37,608 | $7,792 | 30% |
Vermont estimated tax payments
Vermont expects freelancers who will owe state tax to pay during the year too. Most states use the same four dates as the IRS, but a few don't, so confirm the dates and payment options with the Vermont Department of Taxes.
An easy habit: when you make each federal quarterly payment, make the state one the same day.
Know your number for every payment.
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Frequently asked questions
Does Vermont have a state income tax?
Yes. For 2026 it's graduated, 3.35% to 8.75% across 4 brackets, according to the Tax Foundation's survey of rates as of January 1, 2026.
What percentage should I set aside for taxes in Vermont?
As an estimate, a single freelancer with no other job should save about 23% of profit at $50,000 and 27% at $100,000, covering federal income tax, self-employment tax and state income tax. A day job, a spouse's income or big write-offs change the number, so use the calculator for yours.
What state rate should I enter in a tax calculator for Vermont?
Use your planning rate: about 3.4% at $50,000 of profit or 4.9% at $100,000. It's the average Vermont rate on that income before deductions and credits, so it leans slightly high.
Sources
Related
- How much to set aside for taxes in New York (2026)
- How much to set aside for taxes in New Hampshire (2026)
- How much to set aside for taxes in Massachusetts (2026)
- How much to set aside for taxes on 1099 income (2026)
- 2026 quarterly estimated tax deadlines for freelancers
Estimates and general information, not tax advice. Check with a tax professional for your situation.