Many forms must be completed only by a Social Security Representative. Page 2 2018 Form IN-112 Instructions www.tax.vermont.gov Page 2 of 3 SOCIAL SECURITY EXEMPTION WORKSHEET Instructions: It is important that you answer the questions in Section I to determine if you qualify for a full or partial exemption. • Vermont has an aging population –Social security beneficiaries and total amount of benefits will grow. Go to the SSA office nearest you and ask for help. In Vermont, if an individual makes over $25,000 ($32,000 for couples), at least 50% of their benefits will be subject to state taxes as well as federal taxes. Be sure to look closely at the short-term and long-term effect of an exemption from Social Security payroll tax when you're considering a position in which you'd be exempt. Contact. Vermont’s new personal income tax exemption of Social Security benefits reduces tax liabilities mainly for lower- and middle-income Vermonters who are retired or disabled. The form you are looking for is not available online. The new Vermont exemption will save Social Security beneficiaries approximately $5 million in tax year 2018 and applies to all types of Social Security income that are taxable at the federal level, including retirement, disability and … If you qualify for a partial exemption, you may move on to Section II to calculate the –Social security beneficiaries and total amount of benefits will grow. The new Vermont tax exemption allows eligible taxpayers to exempt all or some of these federally taxable Social Security benefits on their Vermont returns. An appointment is not required, but if you contact the office and schedule, it may reduce the time you spend waiting to apply. The Social Security Office in Rutland, Vermont address is: 330 Asa Bloomer Bldg, 88 Merchants Row 05701, Rutland, Vermont. In general, Social Security is subject to federal income taxes if you have other sources of income in addition to your Social Security retirement benefits. • Rising real incomes over time mean that new beneficiaries will likely have larger benefits. It does this by excluding from taxable income all or part of taxable Social Security benefits reported on the federal Form 1040, U.S. Individual Income Tax Return, which are included in federal AGI. The new law eliminates or reduces the Vermont tax imposed on federally taxable Social Security benefits for nearly 40,000 income-eligible taxpayers. 0.0% • As incomes grow over time, the Federal exemption will decrease. Individual Income Tax Return, then you may qualify for a Vermont exemption . Select an office to find available information like the office’s hours of operation, directions, or phone number which can help you … Vermont Tax Exemption for Social Security Benefits Recipients of Social Security benefits may be exempt from Vermont tax on part or all of their benefits if they qualify. Please call us at 1-800-772-1213 (TTY 1-800-325-0778) Monday through Friday between 8 a.m. and 5:30 p.m. or contact your local Social Security office. Of the 13 states that tax Social Security benefits, there are four that offer no exemption whatsoever: Minnesota, North Dakota, Vermont, and West Virginia.

Vermont Business Magazine Nearly 40,000 Vermonters receiving Social Security benefits will keep more of their income due to an income tax exemption proposed by Governor Phil Scott and passed by the Legislature. … Call 1-800-772-1213 and Social Security will send you an application and set up an appointment. Vermont has three Social Security offices: Burlington SSA Office 128 Lakeside Ave., Suite 107 Burlington, VT 05401 1-877-840-5776 Social Security retirement benefits in Vermont are taxable if they are also taxed federally.

Complete and submit a Social Security disability application online. Commissioner Craig Bolio Deputy Commissioner Douglas Farnham (802) 828-2505 | Department Directory Taxpayer Services (802) 828-2865 Mon, Tue, Thu, Fri, 7:45 am-4:30 pm Burlington Social Security Offices in Vermont A listing of all the Social Security offices in and around Burlington is shown on this page. States with no Social Security exemption. If you had Social Security benefits that were taxable in the current tax year as shown on your federal Form 1040, U.S. Social Security Exemption Act 11 of the 2018 special legislative session created a Vermont personal income tax exemption for Social Security beneficiaries who are below certain income thresholds.
0.0% • As incomes grow over time, the Federal exemption will decrease. This change, included in Act 11 of the 2018 Special Session, creates a personal income tax exemption for Social Security beneficiaries below certain income thresholds. Vermont is a state that taxes Social Security benefits using the federal formula. • Rising real incomes over time mean that new beneficiaries will likely have larger benefits.