Self-Employment Tax for Vermont (2026)
Vermont (VT) Key Facts
Federal S E Tax Rate
15.3%
State Income Tax Rate
8.75%
Combined S E + State Rate
24.1%
S E Tax Components
12.4% Social Security + 2.9% Medicare
How This Calculator Works in Vermont
This calculator estimates your total self-employment tax in Vermont, including the federal 15.3% SE tax and Vermont's state income tax. Enter your net SE income to see your liability.
Vermont Overview
Self-employed workers in Vermont pay the federal 15.3% SE tax plus state income tax at up to 8.75%, for a combined burden of approximately 24.1%. Quarterly estimated payments are typically required for both federal and state obligations.
How Vermont Compares
Vermont's combined SE burden of 24.1% compares to New Hampshire at 15.3% and New York at 26.2%. State income tax creates meaningful differences between states.
| State | Top Rate | Notes |
|---|---|---|
| New Hampshire | 0% | New Hampshire has a state income tax on SE income rate of 0%. |
| New York | 10.9% | New York has a state income tax on SE income rate of 10.9%. |
| Massachusetts | 5% | Massachusetts has a state income tax on SE income rate of 5%. |
Vermont's state income tax on SE income rate of 8.75% compares to a national average of approximately 5.04%. This is above the national average.
Tips for Vermont Residents
- 1Federal self-employment tax is 15.3% (12.4% Social Security + 2.9% Medicare) regardless of state.
- 2Vermont adds state income tax at up to 8.75% on self-employment income, for a combined rate of about 24.1%.
- 3Make quarterly estimated payments for both federal and Vermont state taxes to avoid underpayment penalties.
- 4Deduct half of your SE tax on your federal return and track all business expenses to minimize net self-employment income.
- 5Consider whether an S-Corp election could reduce your SE tax burden if your net income exceeds $50,000-$60,000.