How Vermont taxes bonuses
Vermont withholds about 3% of the federal withholding on a bonus. With the flat 22% federal rate, that comes to 6.6% of the bonus. Vermont withholds about 30% of the federal withholding on a bonus.
Federal withholding is the same in every state. Most employers take a flat 22% of the bonus (37% on supplemental pay over $1,000,000 in a year). Social Security takes 6.2% up to the yearly wage base and Medicare 1.45%. If your employer adds the bonus to a regular $2,500 paycheck instead, the aggregate method withholds about $1,150.54 of federal tax on a $5,000 bonus, against $1,100.00 with the flat rate.
Take-home pay on a bonus in Vermont
What is withheld from bonuses of different sizes, with the federal flat rate, for a single filer who has not yet reached the Social Security wage base this year.
| Bonus | Federal income tax | Social Security and Medicare | Vermont taxes | Take-home bonus | You keep |
|---|---|---|---|---|---|
| $1,000 | $220.00 | $76.50 | $66.00 | $637.50 | 63.7% |
| $2,500 | $550.00 | $191.25 | $165.00 | $1,593.75 | 63.7% |
| $5,000 | $1,100.00 | $382.50 | $330.00 | $3,187.50 | 63.7% |
| $10,000 | $2,200.00 | $765.00 | $660.00 | $6,375.00 | 63.7% |
| $25,000 | $5,500.00 | $1,912.50 | $1,650.00 | $15,937.50 | 63.7% |
| $50,000 | $11,000.00 | $3,825.00 | $3,300.00 | $31,875.00 | 63.7% |
Vermont bonus taxes compared with nearby states
The same $5,000 bonus, flat federal rate, in each state that borders Vermont. Of these, New Hampshire leaves the most of the bonus in your pocket.
| State | State bonus withholding | State taxes on the bonus | Take-home bonus |
|---|---|---|---|
| Vermont | 3% of federal | $330.00 | $3,187.50 |
| Massachusetts bonus tax calculator | 5% flat | $273.00 | $3,244.50 |
| New Hampshire bonus tax calculator | No income tax | $0.00 | $3,517.50 |
| New York bonus tax calculator | 11.7% flat | $606.60 | $2,910.90 |
More Vermont pay calculators
For your regular take-home pay, use the Vermont paycheck calculator. To see a bonus next to your regular paycheck, try the bonus paycheck calculator. Employers paying a bonus can use the bonus payroll calculator or the Vermont payroll calculator. The bonus tax calculator page compares every state.
Sources
Federal figures follow IRS Publication 15. Vermont bonus withholding comes from the state's own guidance: tax.vermont.gov. See how we calculate for the withholding method.