Search results
This tool compares the tax brackets for single individuals in each state. For more information about the income tax in these states, visit the Vermont and Massachusetts income tax pages. For income taxes in all fifty states, see the income tax by state. For an in-depth comparison, try using our federal and state income tax calculator.
Apr 12, 2023 · If you earned $60,000 in the other state, it would be taxed at 7% ($4,200), and your state would offer a credit reducing your home-state tax liability by $3,000 (5% of your income).
May 1, 2024 · Does Massachusetts or Vermont have lower sales taxes? Massachusetts has a state sales tax rate of 6.25% and an average local rate of 0.00% for a combined total rate of 6.25%. In contrast, Vermont has a state sales tax rate of 6.00% and an average local rate of 0.24% for a combined total rate of 6.24%. Do you get to keep more money in ...
Aug 15, 2024 · High-tax states top out around 13%, and that’s often on top of property taxes, sales taxes, utility taxes, fuel taxes and whatever the taxpayer must send to the federal government. » MORE: See ...
Jan 14, 2022 · Based on this chart, New Hampshire taxpayers pay 9.7% of their total income to state and local taxes. Massachusetts taxpayers pay 10.5%. But the above chart provides a rather crude measurement of comparative state and local tax burdens because everybody is lumped together regardless of income.
StateTax BurdenRankAlabama9.0%38Alaska5.8%50Arizona8.7%45Arkansas10.4%17If you make $70,000 a year living in Vermont you will be taxed $10,184. Your average tax rate is 10.94% and your marginal tax rate is 22%. This marginal tax rate means that your immediate ...
People also ask
How much tax do you pay a year in Vermont?
How do I use the Vermont salary tax calculator?
Does New Hampshire pay more taxes than Massachusetts?
How much tax do you pay if you live in a different state?
What if you live in a state with a 5% tax rate?
How much does New Hampshire pay to state and local taxes?
Using our Vermont Salary Tax Calculator. To use our Vermont Salary Tax Calculator, all you need to do is enter the necessary details and click on the "Calculate" button. After a few seconds, you will be provided with a full breakdown of the tax you are paying. This breakdown will include how much income tax you are paying, state taxes, federal ...