As an FYI-
Many folks have been asking about the details about the Legislature removing the State tax on Social Security Income, based on overall Income levels.
That tax has been removed, as of July 1, 2018.
The parameters on income levels are;
Single Vermonters with an adjusted gross income of less than $45,000 a year and couples with adjusted gross income of less than $60,000 will no longer see the state tax ,on the dollars they earn from Social Security.
Single filers who make between $45,000-$55,000 and married joint filers making between $60,000-$70,000 will see partial tax exemptions.
More info?
Please contact me at ; mmrowicki@leg.state.vt.
Thanks,
Mike Mrowicki
Vermont State Representative
Windham 4- Putney, Dummerston, Westminster
www.windham4.net